Netflix Inc. [NASDAQ: NFLX] stock went on an upward path that rose over 1.07% on Monday, amounting to a one-week price increase of more than 8.28%.
Over the last 12 months, NFLX stock rose by 92.17%. The one-year Netflix Inc. stock forecast points to a potential downside of -0.53. The average equity rating for NFLX stock is currently 1.92, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $331.35 billion, with 432.76 million shares outstanding and 426.34 million shares in the current float. Compared to the average trading volume of 3.31M shares, NFLX stock reached a trading volume of 6035278 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Netflix Inc. [NFLX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for NFLX shares is $768.02 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on NFLX stock is a recommendation set at 1.92. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Pivotal Research Group have made an estimate for Netflix Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 18, 2024. While these analysts kept the previous recommendation, Oppenheimer raised their target price from $775 to $825. The new note on the price target was released on October 18, 2024, representing the official price target for Netflix Inc. stock. Previously, the target price had yet another raise from $700 to $800, while Needham kept a Buy rating on NFLX stock. On October 16, 2024, analysts increased their price target for NFLX shares from 750 to 800.
The Average True Range (ATR) for Netflix Inc. is set at 19.94, with the Price to Sales ratio for NFLX stock in the period of the last 12 months amounting to 8.83. The Price to Book ratio for the last quarter was 14.53, with the Price to Cash per share for the same quarter was set at 21.50. Price to Free Cash Flow for NFLX in the course of the last twelve months was 46.51 with Quick ratio for the last quarter at 1.13.
NFLX Stock Performance Analysis:
Netflix Inc. [NFLX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.28. With this latest performance, NFLX shares gained by 10.13% in over the last four-week period, additionally plugging by 39.21% over the last 6 months – not to mention a rise of 92.17% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for NFLX stock in for the last two-week period is set at 67.59, with the RSI for the last a single of trading hit 71.09, and the three-weeks RSI is set at 65.28 for Netflix Inc. [NFLX]. The present Moving Average for the last 50 days of trading for this stock 697.79, while it was recorded at 726.32 for the last single week of trading, and 629.60 for the last 200 days.
Insight into Netflix Inc. Fundamentals:
Netflix Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.13 and a Current Ratio set at 1.13.
NFLX Stock EPS
With the latest financial reports released by the company, Netflix Inc. posted 2.11/share EPS, while the average EPS was predicted by analysts to be reported at 2.22/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.11. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for NFLX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Netflix Inc. go to 27.85%.
Netflix Inc. [NFLX] Institutonal Ownership Details
There are presently around $85.57%, or 86.21%% of NFLX stock, in the hands of institutional investors. The top three institutional holders of NFLX stocks are: VANGUARD GROUP INC with ownership of 37.01 million shares, which is approximately 8.565%. BLACKROCK INC., holding 31.6 million shares of the stock with an approximate value of $$21.33 billion in NFLX stocks shares; and BLACKROCK INC., currently with $$14.33 billion in NFLX stock with ownership which is approximately 4.9137%.
