Is Netflix stock a buy?
The system highlights a number of different stocks that could be poised to outperform the broader market over the next one to three months. Netflix is currently sporting a Zacks Rank of #2 (Buy). Over the past three months, the Zacks Consensus Estimate for NFLX's full-year earnings has moved 7% higher.
Is Netflix stock a good buy now?
Netflix currently has an average brokerage recommendation (ABR) of 1.99, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 40 brokerage firms.
What is the prediction for Netflix stock?
Stock Price Forecast
The 32 analysts with 12-month price forecasts for Netflix stock have an average target of 623.56, with a low estimate of 370 and a high estimate of 800. The average target predicts an increase of 12.33% from the current stock price of 555.12.
Is Netflix a good stock to buy in 2024?
However, based on Wall Street's earnings forecasts for 2024 and 2025, its P/E ratio falls to 34.2 and 27.7, respectively, on a forward basis. The Nasdaq-100 sports a P/E ratio of 29.7 today, so Netflix stock will have to rise between now and the end of 2025 to keep pace with the valuation of the broader tech sector.
Is Netflix overvalued stock?
Netflix (NASDAQ:NFLX) stock is overvalued. That's the opinion of analysts at Benchmark, who maintained a Sell rating and $440 price target on the streaming giant's shares in a note Thursday, heading into the company's earnings release.
Is Netflix a safe stock?
Shares have been on a tear, reflecting strong fundamentals. After its rapid ascent over most of the past decade thanks to its dominance in the burgeoning streaming landscape, Netflix (NFLX -0.62%) hit a bit of a rough batch. Slower revenue and subscriber growth caused the shares to tank 51% in 2022.
Which share is best to buy today?
- 1] ITC: Buy at ₹437, target ₹452, stop loss ₹428.
- 2] BEL: Buy at ₹237, target ₹252, stop loss ₹230.
- 3] Tata Power: Buy at ₹430, target ₹445, stop loss ₹418.
What will Netflix stock be worth in 10 years?
The stock's total value must multiply by nearly 5 before reaching a $1 trillion market cap -- an ambitious goal that calls for time and patience. A more reasonable, yet consistently market-beating, estimate suggests Netflix could reach a $564 million market cap by 2030 and $1 trillion in 2035.
Who are the largest shareholders of Netflix?
| Name | Equities | % |
|---|---|---|
| Vanguard Fiduciary Trust Co. 8.420 % | 36,438,570 | 8.420 % |
| BlackRock Advisors LLC 5.664 % | 24,513,124 | 5.664 % |
| Fidelity Management & Research Co. LLC 5.070 % | 21,939,319 | 5.070 % |
| STATE STREET CORPORATION 3.871 % | 16,754,208 | 3.871 % |
How much is Netflix worth in 2024?
Netflix has a market cap or net worth of $240.23 billion as of April 24, 2024. Its market cap has increased by 62.13% in one year.
How much will Netflix be worth in 2025?
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 720.44 | 29.78% |
| 2026 | $ 935.01 | 68.43% |
| 2027 | $ 1,213.47 | 118.60% |
| 2028 | $ 1,574.86 | 183.70% |
What stocks will do well in 2024?
| Stock | 2024 return through March 31 |
|---|---|
| Avidity Biosciences Inc. (RNA) | 182% |
| Arcutis Biotherapeutics Inc. (ARQT) | 206.8% |
| Janux Therapeutics Inc. (JANX) | 250.9% |
| Trump Media & Technology Group Corp. (DJT) | 254.1% |
Why is Netflix stock down?
Netflix slumped as one of the bigger drags on the benchmark S&P index and Nasdaq after the video streaming company's second-quarter revenue view fell short of analysts' expectations while the company also unexpectedly said it would no longer provide subscriber counts.
Is Netflix going to grow?
First quarter revenue is forecast to reach $9.24 billion; a 13.2% increase year over year, while operating margins are forecast to reach 26.2% compared to 21% in 2023. Forecasted net income of $1.98 billion would mark a 51% increase over Q1'23, and provide forecasted earnings of $4.49 per diluted share.
Why is Netflix stock so good?
Netflix shares were sharply higher in pre-market trading Wednesday after the streaming giant said it added 13.1 million subscribers in the fourth quarter, well ahead of Wall Street's consensus view. The company plans to increase its programming slate and tap into new areas, such as advertising and gaming.
What was the highest Netflix stock price ever?
- The all-time high Netflix stock closing price was 691.69 on November 17, 2021.
- The Netflix 52-week high stock price is 639.00, which is 15.1% above the current share price.
Is Netflix a long-term buy?
The stock looks like an attractive bet for the long term
The company told investors it will stop reporting its subscriber figures from 2025 onward, and that can be interpreted as a sign that sluggish growth is on the horizon.
What do experts say about Netflix stock?
Netflix's reporting change will mark the start of the company's pivot from a "high-growth, low-profit business to a slow-growth, high-profit business," Wedbush Securities analyst Alicia Reese said in a client note. She reiterated her outperform rating on Netflix stock with a price target of 725.
Is amzn stock a buy?
Shares of Amazon have been trading for more than 41x forward-looking earnings expectations. If earnings don't shoot more than 10% higher in 2024, investors who buy Amazon at its presently high valuation could suffer heavy losses. The stock looks like a buy, but only for investors with a high tolerance for risk.
Which share is best to buy today under $100?
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | NHPC Ltd | 91.18 |
| 2. | Trident | 40.30 |
| 3. | Easy Trip Plann. | 46.42 |
| 4. | Allcargo Logist. | 74.96 |
Which shares give the best return?
| Name | 3Y Return | 1Y Return |
|---|---|---|
| Reliance Industries Ltd | 69.88% | 37.35% |
| Tata Consultancy Services Ltd | 22.68% | 20.52% |
| Bharti Airtel Ltd | 147.38% | 69.55% |
| ICICI Bank Ltd | 84.26% | 17.96% |
Which stock to buy today for intraday?
| Company Name | LTP () | Prev. Close () |
|---|---|---|
| Wipro Ltd | 464.60 | 461.00 |
| Coal India Ltd | 455.80 | 452.45 |
| ITC Ltd | 440.00 | 437.55 |
| Dr Reddys Laboratories Ltd | 6252.10 | 6218.75 |
What if I invested $1000 in Netflix 10 years ago?
So, if you had invested in Netflix ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in March 2014 would be worth $9,728.72, or a gain of 872.87%, as of March 4, 2024, according to our calculations. This return excludes dividends but includes price appreciation.
How much is $1,000 in Netflix 20 years ago?
Which brings us to what you would have today if you had invested $1,000 in Netflix stock 20 years ago. First things first, however: if you purchased $1,000 worth of NFLX stock in early November 2003 and sold it at its November 2021 peak, you would have grossed nearly $158,000.
Is Netflix stock tanking?
Netflix stock closed down 9.1% on Friday, after the company reported its first quarter earnings on Thursday. The dip followed Netflix's forecast that subscribers will be lower during the second quarter, which the company blamed on “seasonality.”
