Netflix, Inc. provides subscription streaming entertainment service. It offers TV series, documentaries, and feature films across various genres and languages.
Netflix stock last closed at $224.07, down 1.03% from the previous day, and has decreased 62.19% in one year. It has underperformed other stocks in the Entertainment industry by 0.09 percentage points. Netflix stock is currently +37.71% from its 52-week low of $162.71, and -68.04% from its 52-week high of $700.99.
At the moment, there are 444.71M NFLX shares outstanding. The market value of NFLX is $99.65B. In the last 24 hours, 8.2M NFLX shares were traded.
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It's crucial to analyze stocks before you invest, so you truly wrap your head around the risk as well as the opportunity.
WallStreetZen was built to help average investors perform more accurate fundamental analysis quickly.
You can view all of the due diligence checks on NFLX's stock page.
Investors use many financial metrics, analyses, models, and charts to gauge NFLX's intrinsic value.
Using relative valuations metrics:
You can do additional valuation research on NFLX's stock here.
Out of 41 sell side analysts who give forecasts on NFLX, the consensus analyst rating on NFLX is a Hold
Jason Helfstein, a bottom 42% analyst from Oppenheimer upgrades NFLX to a buy rating and announces their NFLX price target of $325.00, on Sep 19, 2022.
Helfstein upgraded Netflix, Inc. from Hold to Buy, assigning a $325 price target.
The launch of Netflix's advertising tier will help it regain subscribers, drive average revenue per user, and slow churn, the analyst predicted.
The company is "uniquely positioned to aggregate large audiences" and to control the timing of series launches for top-tier advertisers, imposing high CPMs*, Helfstein said.
Netflix will achieve global advertising revenue of $4.6B in 2025, driving total revenue to $42.4B, with 282M subscribers, the analyst predicted, (bullishly) noting that "both of which are 3% and 6% above the Street's expectations."
Even when challenged by recent headwinds, Netflix's viewership remains the highest among competitors, Helfstein reminded investors, "and streaming will continue to take market share from linear TV."
* From here and here: Cost per thousand (CPM), is a marketing term used to denote the price of 1,000 advertisement impressions on one web page. If a website publisher charges $2.00 CPM, that means an advertiser must pay $2.00 for every 1,000 impressions of its ad.
On 2022/09/01, Netflix was reportedly seeking a streaming industry-leading $60 CPM, according to Ad Age. The Wall Street Journal says the number to reach 1,000 viewers is more likely to be $65 (prior to that, the WSJ suggested CPMs could “eventually” reach $80). For comparison, Disney+ has reportedly sold ads at a $50 CPM.
Jason Bazinet, a bottom 3% analyst from Citigroup maintains NFLX with a strong buy rating and raises their NFLX price target from $275.00 to $305.00, on Sep 16, 2022.
Mark Mahaney, a top 10% analyst from Evercore ISI Group upgrades NFLX to a buy rating and raises their NFLX price target from $245.00 to $300.00, on Sep 15, 2022.
Tim Nollen, a bottom 13% analyst from Macquarie upgrades NFLX to a hold rating and raises their NFLX price target from $170.00 to $230.00, on Sep 7, 2022.
Andrew Uerkwitz, a top 16% analyst from Jefferies maintains NFLX with a hold rating and lowers their NFLX price target from $243.00 to $230.00, on Sep 7, 2022.
You can dig deeper into what analysts are forecasting on the Netflix stock forecast page.
Last year, NFLX earnings were $5.09B. During the last five year, NFLX's earnings have gone up by 68.71% per year. This was faster than the Entertainment industry average of 16.25%.
Last year, NFLX revenue was $31.03B. Over the last five year, NFLX's revenue has grown by 24.95% per year. This was faster than the Entertainment industry average of 14.09%.
Learn more about NFLX's earnings and revenue performance here.
In the last year, executives and large shareholders at NFLX have bought more shares than they have sold.
Reed Hastings, Co-CEO of NFLX, was the latest NFLX insider to buy. They bought $750,580.00 worth of NFLX shares on Jan 28, 2022.
Dig into more about who owns NFLX stock here.
No, Netflix doesn't provide an income stream by paying out dividends.
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Now that you own some shares in NFLX, you'll want to keep up with your new investment.
Put NFLX on a watchlist to see the latest developments about your NFLX stock.
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