Netflix, Inc. (NFLX)
| Market Cap | 213.10B |
| Revenue (ttm) | 32.74B |
| Net Income (ttm) | 4.53B |
| Shares Out | 437.68M |
| EPS (ttm) | 10.02 |
| PE Ratio | 48.59 |
| Forward PE | 31.85 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 2,740,555 |
| Open | 490.37 |
| Previous Close | 490.51 |
| Day's Range | 481.94 - 492.23 |
| 52-Week Range | 283.22 - 500.89 |
| Beta | 1.26 |
| Analysts | Buy |
| Price Target | 448.72 (-7.84%) |
| Earnings Date | Jan 23, 2024 |
About NFLX
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. The company has approximately 231 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California. [Read more]
Financial Performance
In 2022, Netflix's revenue was $31.62 billion, an increase of 6.46% compared to the previous year's $29.70 billion. Earnings were $4.49 billion, a decrease of -12.20%.
Financial StatementsAnalyst Forecast
According to 34 analysts, the average rating for NFLX stock is "Buy." The 12-month stock price forecast is $448.72, which is a decrease of -7.84% from the latest price.
News
Netflix Has a Great Pricing Model That Spotify Is Following, Says Bull
KeyBanc analysts bullish on Netflix like that the streaming firm raised prices when engagement rose. They applaud Spotify for similar steps, but see challenges for Match Group.
The streaming landscape will consolidate to 4-5 major players, says AlixPartners' Grace Lee
Grace Lee, Co-Head of Co-Head of the Media & Entertainment Practice for the Americas at AlixPartners, discusses the outlook for the streaming wars.
It's here: Netflix's rally is now set by analysts and Ray Dalio
Most investors can only dream of matching even 1.0% of a successful investment track record like Ray Dalio's. His hedge fund, Bridgewater Associates, is the largest one in the world, and they have sto...
After The “Great Netflix Correction”, Streaming Looks To Find New Pragmatic Footing
After last year's Great Netflix Correction, the streaming sector in 2023 entered a decidedly more pragmatic phase. As viewers continued to cut the pay-TV cord and increasingly look to streaming as the...
Will Netflix Stock Rally 40% To Return To Pre-Inflation Shock Highs?
Netflix stock currently trades at $486 per share, about 30% below its pre-inflation shock high of about $692 seen on November 17, 2021. The stock could have the potential for considerable gains if it ...
Netflix stock price forecast: Morgan Stanley sees a 17% upside
Netflix Inc (NASDAQ: NFLX) has already gained over 90% this year but a Morgan Stanley analyst remains convinced that the stock has more room to the upside.
Dexter Studios, a Korean VFX company, presents an iconic VFX visual again on a global stage through 'YuYu Hakusho' as Netflix Original series
Dexter Studios has added its global portfolio with 'YuYu Hakusho' in Netflix original series by diversifying the artwork concept of comic book characters being in real life Emphasizing the genre chara...
Netflix to Announce Fourth Quarter 2023 Financial Results
LOS GATOS, Calif., Dec. 15, 2023 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) today announced it will post its fourth quarter 2023 financial results and business outlook on its investor relations webs...
We're going to see a lot more bundling in streaming, says BofA Securities' Jessica Reif Ehrlich
Jessica Reif Ehrlich, BofA Securities senior U.S. media and entertainment analyst, joins 'Squawk Box' to discuss the state of the box office, lingering impact of Hollywood strikes, changing consumer t...
Studios are loosening their reluctance to send shows to Netflix.
When building their own streaming companies, many entertainment studios ended lucrative licensing deals with Netflix. But they missed the money too much.
This one nugget from Netflix's viewership numbers could be a bullish sign for its ad business
After refusing to give comprehensive viewership data for years, Netflix finally released one metric this week.
Netflix's Stock Journey In 2023: Navigating A 6% Decline Amidst An Impressive 51% Year-To-Date Surge - Netflix (NASDAQ:NFLX)
Netflix Inc.'s NFLX stock journey towards $500 has been a turbulent ride, with many ups and downs and key turning points. Despite showing signs of promise, the stock has faced challenges since July 20...
Netflix Posts Viewer Data on Every Show, Film for First Time
Netflix is ready to tell the world how many people watch its shows. On Tuesday, the company released global midyear viewer data for every title on its service, the first of what Netflix said will be r...
Netflix reveals most watched shows — with ‘The Night Agent' topping list at 812 million hours
The streaming giant, which has been criticized for its lack of transparency about how movies and shows perform, said subscribers spent 812 million hours -- the equivalent of nearly 100,000 years -- wa...
Netflix releases viewership data for nearly all titles
CNBC's Andrew Ross Sorkin reports on the latest news.
Netflix's Most-Watched Shows Have This in Common. Why It Could Boost the Stock.
The company has revealed the viewership of its programs for the first time ever. One characteristic links the most popular content.
Netflix releases vast viewing data for first time
Netflix for the first time published detailed viewing figures about thousands of its shows and movies Tuesday, offering an unprecedented glimpse into the world-leading streaming platform's top hits an...
Netflix releases tons of viewership data for first time
Netflix (NFLX) has published its first biannual viewing metrics report, covering a 6-month period. The report discloses hours viewed for TV series and films that reached over 50,000 viewing hours on t...
Netflix Releases Full Viewership Data for First Time
Netflix released its first engagement report, revealing the viewership of its top programming through the first six months of the year.
Netflix Tells the World How Many People Are Watching
Netflix released global midyear viewer data for every title on its service, the first of what Netflix said will be regular reports. Lucas Shaw reports on "Bloomberg Markets: The Close.
After years of resisting, Netflix releases viewing statistics for nearly all titles
Netflix revealed viewership statistics for more than 18,000 shows and movies for the first time ever.
Netflix to squeak past Disney+ in US advertising revenue in 2024 - report
Netflix is set to pull ahead of Disney+ in the race for U.S. advertising dollars next year as price hikes and a password-sharing crackdown pull more viewers to its ad-supported plan, an Insider Intell...
Netflix down for thousands of users- Downdetector
Streaming platform Netflix is down for thousands of users in the U.S. on Monday, according to outage tracking website Downdetector.com.
Netflix outage is affecting ‘some members'
Some Netflix Inc. NFLX, +1.35% customers were encountering an outage, the video-streaming service acknowledged late Monday. “We're very sorry, but we're having unexpected technical issues with Netflix...
Netflix to livestream Nadal-Alcaraz face-off in March
Netflix will livestream a tennis face-off between 22-time Grand Slam champion Rafael Nadal and current World No.2 Carlos Alcaraz on March 3, the streaming pioneer said on Monday.