Netflix, Inc. (NFLX)

NASDAQ: NFLX · IEX Real-Time Price · USD
610.52
-3.00 (-0.49%)
At close: May 16, 2024, 4:00 PM
610.00
-0.52 (-0.09%)
After-hours: May 16, 2024, 7:59 PM EDT
-0.49%
Market Cap 263.96B
Revenue (ttm) 34.93B
Net Income (ttm) 6.44B
Shares Out 430.97M
EPS (ttm) 14.43
PE Ratio 42.31
Forward PE 32.34
Dividend n/a
Ex-Dividend Date n/a
Volume 2,563,942
Open 615.75
Previous Close 613.52
Day's Range 609.05 - 618.34
52-Week Range 344.73 - 639.00
Beta 1.23
Analysts Buy
Price Target 622.16 (+1.91%)
Earnings Date Apr 18, 2024

About NFLX

Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. It has operations in approximately 190 countries. The company was incorporated in 1997 and is headquartered in Los Gatos, California. [Read more]

Industry Entertainment
IPO Date May 23, 2002
Employees 13,000
Stock Exchange NASDAQ
Ticker Symbol NFLX
Full Company Profile

Financial Performance

In 2023, Netflix's revenue was $33.72 billion, an increase of 6.67% compared to the previous year's $31.62 billion. Earnings were $5.41 billion, an increase of 20.39%.

Financial Statements

Analyst Forecast

According to 34 analysts, the average rating for NFLX stock is "Buy." The 12-month stock price forecast is $622.16, which is an increase of 1.91% from the latest price.

Price Target
$622.16
(1.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Netflix advertising is booming: More than 40 million users are now on its ad-supported tier

Netflix was late to the ad-supported side of the subscription streaming world, but it is quickly becoming a leader, boasting more people paying for the Netflix advertising-supported-subscription optio...

10 hours ago - Fast Company

Netflix-NFL deal is about 'prestige': Analyst

Netflix announced it will be the home of Christmas Day football games through 2026. Comscore Senior Media Analyst Paul Dergarabedian joins Catalysts to discuss the move and the streaming company's dip...

12 hours ago - Yahoo Finance

Netflix (NFLX) to Stream 2 NFL Christmas Day Games

Netflix (NFLX) is to stream two NFL Christmas Day games. Dan Rayburn discusses how the NFL deal with Netflix is a three-season deal for Christmas Day games.

14 hours ago - Schwab Network

Here's why the NFL decided to partner with Netflix for Christmas Day games

Brian Rolapp, NFL chief media and business officer, joins 'Squawk on the Street' to discuss why the NFL's partnership with Netflix makes sense, how it fits into the league's global expansion plans, an...

15 hours ago - CNBC Television

Netflix Reveals This Surprise Update. How It Could Help the Stock.

Netflix has 40 million users on its advertising-supported streaming tier, which could help soothe fears of slowing subscriber growth.

19 hours ago - Barrons

Why Netflix is adding more subscribers every year

Mark Mahaney, Evercore ISI head of internet research, joins CNBC's 'Squawk Box' to discuss Netflix as the streaming giant announced that it has amassed 40 million users for its ad-supported plan, its ...

19 hours ago - CNBC Television

Netflix ad-tier reaches 40M monthly users

Netflix (NFLX) made a significant announcement during its Upfront presentation to advertisers on Wednesday: the company revealed that its ad-supported tier has reached 40 million active users, just a ...

1 day ago - Yahoo Finance

Netflix Advertising-Supported Plan Has 40 Million Users

Netflix Inc. said monthly active users of its advertising-supported subscription plan reached 40 million, and that it will launch an in-house ad technology platform to support this growing part of its...

1 day ago - Bloomberg Markets and Finance

Netflix says its ad-supported plan now has 40 million global monthly active users

Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an...

1 day ago - Market Watch

Netflix to stream NFL games on Christmas in 3-year deal, placing big bet on live sports

The deal marks the first time Netflix has licensed the rights to one of the world's biggest sports leagues and also the first time it would show live football.

1 day ago - New York Post

Netflix to take on Google and Amazon by building its own ad server

Netflix announced during its Upfronts presentation on Wednesday that it's launching its own advertising technology platform only a year and a half after entering the ads business. This move pits it ag...

1 day ago - TechCrunch

Netflix hits 40 million users for ad-supported plan

Netflix said on Wednesday its ad-supported tier has reached 40 million global monthly active users, from 5 million a year earlier, a sign that its push to attract new users with the cheaper plan is pa...

1 day ago - Reuters

Netflix Hits 40M Monthly Active Users, Nearly Double Its Scale At Start Of 2024; Company Shifts Ad Tech In-House

Netflix's 18-month-old advertising tier has nearly doubled in size since the start of 2024, reaching 40 million monthly active users around the world. The streaming giant revealed the number at its fi...

1 day ago - Deadline

Netflix ad-supported tier has 40 million monthly users, nearly double previous count

Netflix's cheaper, ad-supported tier now has 40 million global monthly active users, nearly double the 23 million the company reported in January.

1 day ago - CNBC

Netflix and the N.F.L. Sign a Three-Season Deal

Football joins pro wrestling and comedy specials in an expansion of the streaming service's live offerings, a key step in the company's overall live TV strategy.

1 day ago - NYTimes

Netflix-NFL deal tests fans' subscription fatigue. How costly could streaming every game get?

Netflix has joined the NFL's lineup of TV partners, making its much-anticipated move into the world of live-sports streaming. In an announcement made today, the league revealed that Netflix will strea...

1 day ago - Fast Company

NFL, Netflix Strike Deal To Stream 2 Games Live

Netflix Netflix and the NFL have struck a deal to stream a pair of games live this season with more on the way.

1 day ago - Forbes

Netflix scores deal to livestream NFL's Christmas games

Netflix (NFLX) has announced a deal to bring live-streamed NFL games to its platform. In a historic first, the entertainment giant will stream two live football games on Christmas Day as the company e...

1 day ago - Yahoo Finance

Netflix's Christmas NFL games could be the precursor to a price increase, expert says

For the first time ever, Netflix NFLX, -0.25% will broadcast a live major sporting event when it hosts two Christmas Day NFL games this December. The three-season deal will bring live NFL games to the...

1 day ago - Market Watch

Netflix to Live Stream 2 NFL Games on Christmas Day This Year

Netflix also will stream at least one holiday game in 2025 and 2026 as a part of a new three-season deal.

1 day ago - Barrons

Netflix inks a three-year deal with the NFL to show football games

Netflix announced a three-season deal with the NFL. The streamer will show two NFL games on Christmas this year.

1 day ago - Business Insider

Netflix to stream Christmas Day NFL games for three years

Netflix to stream Christmas Day NFL games for three years.

1 day ago - CNBC

Netflix Lands NFL Christmas Day Games In Latest Step-Up In Sports

Netflix has snagged rights to an NFL doubleheader on Christmas Day, taking the latest leap forward in live sports, After this year, the streaming giant will carry at least one holiday game over the ne...

1 day ago - Deadline

Netflix nears deal for NFL games, Bloomberg News reports

Netflix is finalizing a deal to buy exclusive rights to stream two National Football League games on Christmas Day, Bloomberg News reported on Wednesday, citing people familiar with the matter.

1 day ago - Reuters

Here's everything we know about Comcast's new Peacock-Apple-Netflix bundle

The latest contender is from Comcast Corp. CMCSA, , which said Tuesday that it will introduce a streaming bundle that comes with Apple TV+ AAPL, +0.62%, Netflix NFLX, -0.48% and its own Peacock within...

Other symbols: AAPLCMCSA
2 days ago - Market Watch