Some Investing Thoughts On Netflix Inc (NASDAQ: NFLX)

Netflix Inc (NFLX) concluded trading on Thursday at a closing price of $906.36, with 7.82 million shares of worth about $7.09 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 34.21% during that period and on March 06, 2025 the price saw a loss of about -8.53%. Currently the company’s common shares owned by public are about 427.76M shares, out of which, 424.69M shares are available for trading.

Stock saw a price change of -5.89% in past 5 days and over the past one month there was a price change of -8.90%. Year-to-date (YTD), NFLX shares are showing a performance of 1.69% which increased to 47.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $542.01 but also hit the highest price of $1064.50 during that period. The average intraday trading volume for Netflix Inc shares is 3.74 million. The stock is currently trading -9.57% below its 20-day simple moving average (SMA20), while that difference is down -4.64% for SMA50 and it goes to 16.48% higher than SMA200.

Netflix Inc (NASDAQ: NFLX) currently have 427.76M outstanding shares and institutions hold larger chunk of about 83.77% of that.

The stock has a current market capitalization of $387.70B and its 3Y-monthly beta is at 1.56. PE ratio of stock for trailing 12 months is 45.71, while it has posted earnings per share of $19.83 in the same period. Its PEG reads 2.02 and has Quick Ratio of 1.22 while making debt-to-equity ratio of 0.73. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for NFLX, volatility over the week remained 4.13% while standing at 3.01% over the month.

Stock’s fiscal year EPS is expected to rise by 24.86% while it is estimated to increase by 22.67% in next year. EPS is likely to shrink at an annualized rate of 22.63% for next 5-years, compared to annual growth of 36.85% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Bernstein on January 24, 2025 offering an Outperform rating for the stock and assigned a target price range of between $975 and $1200 to it. Coverage by Wolfe Research stated Netflix Inc (NFLX) stock as an Outperform in their note to investors on January 23, 2025, suggesting a price target of $1100 for the stock. On January 22, 2025, The Benchmark Company Upgrade their recommendations, while on January 22, 2025, Rosenblatt Upgrade their ratings for the stock with a price target of $1494. Stock get a Buy rating from Canaccord Genuity on January 22, 2025.

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