Netflix, Inc. (NFLX)
NASDAQ: NFLX · Real-Time Price · USD
697.06
+10.26 (1.49%)
At close: Sep 13, 2024, 4:00 PM
695.80
-1.26 (-0.18%)
After-hours: Sep 13, 2024, 5:53 PM EDT
Stock Price Forecast
The 30 analysts with 12-month price forecasts for Netflix stock have an average target of 692.33, with a low estimate of 465 and a high estimate of 900. The average target predicts a decrease of -0.68% from the current stock price of 697.06.
| Target | Low | Average | Median | High |
|---|---|---|---|---|
| Price | $465 | $692.33 | $725 | $900 |
| Change | -33.29% | -0.68% | +4.01% | +29.11% |
Analyst Ratings
The average analyst rating for Netflix stock from 32 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 11 | 11 | 11 | 12 | 12 | 12 |
| Buy | 10 | 10 | 10 | 9 | 9 | 9 |
| Hold | 12 | 12 | 12 | 10 | 10 | 10 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 34 | 34 | 34 | 32 | 32 | 32 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Pivotal Research | Pivotal Research | Strong Buy Maintains $800 → $900 | Strong Buy | Maintains | $800 → $900 | +29.11% | Aug 30, 2024 |
| Evercore ISI Group | Evercore ISI Group | Buy Maintains $710 → $750 | Buy | Maintains | $710 → $750 | +7.59% | Aug 27, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $725 | Buy | Maintains | $725 | +4.01% | Jul 30, 2024 |
| Citigroup | Citigroup | Hold Maintains $660 → $675 | Hold | Maintains | $660 → $675 | -3.16% | Jul 22, 2024 |
| Rosenblatt | Rosenblatt | Hold Maintains $554 → $635 | Hold | Maintains | $554 → $635 | -8.90% | Jul 19, 2024 |
Financial Forecast
Revenue This Year
Increased by 17.09%
from 33.72B
Revenue Next Year
44.27B
from 39.49B
Increased by 12.11%
from 39.49B
EPS This Year
19.49
from 12.03
Increased by 61.99%
from 12.03
EPS Next Year
23.47
from 19.49
Increased by 20.46%
from 19.49
| Fiscal Year | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Period Ending | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 | Dec 31, 2024 | Dec 31, 2025 | Dec 31, 2026 | ||
| Revenue | 20.16B | 25.00B | 29.70B | 31.62B | 33.72B | 39.49B | 44.27B | 48.97B | ||
| Revenue Growth | 27.62% | 24.01% | 18.81% | 6.46% | 6.67% | 17.09% | 12.11% | 10.61% | ||
| EPS | 4.13 | 6.08 | 11.24 | 9.95 | 12.03 | 19.49 | 23.47 | 27.98 | ||
| EPS Growth | 54.10% | 47.22% | 84.87% | -11.48% | 20.90% | 61.99% | 20.46% | 19.18% | ||
| Forward PE | - | - | - | - | - | 35.77 | 29.69 | 24.92 | ||
| No. Analysts | - | - | - | - | - | 47 | 46 | 34 |
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.0B | 46.7B | 53.1B | ||
| Avg | 39.5B | 44.3B | 49.0B | ||
| Low | 37.8B | 41.2B | 45.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 21.5% | 18.2% | 20.0% | ||
| Avg | 17.1% | 12.1% | 10.6% | ||
| Low | 11.9% | 4.2% | 2.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.90 | 26.45 | 32.22 | ||
| Avg | 19.49 | 23.47 | 27.98 | ||
| Low | 18.05 | 20.63 | 23.36 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 73.7% | 35.7% | 37.3% | ||
| Avg | 62.0% | 20.5% | 19.2% | ||
| Low | 50.1% | 5.9% | -0.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.
