Is Netflix a buy or sell Zacks?
Netflix, a Zacks Rank #3 (Hold), has exceeded the earnings mark in three of the past four quarters.
Is Netflix stock a Buy, Sell or Hold? Netflix stock has received a consensus rating of buy. The average rating score is Baa2 and is based on 65 buy ratings, 24 hold ratings, and 7 sell ratings.
Stock Price Forecast
The 31 analysts with 12-month price forecasts for Netflix stock have an average target of 599.42, with a low estimate of 370 and a high estimate of 765. The average target predicts a decrease of -2.33% from the current stock price of 613.69.
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.
Netflix Stock Price Forecast 2024-2025
Netflix price started in 2024 at $486.88. Today, Netflix traded at $617.52, so the price increased by 27% from the beginning of the year. The forecasted Netflix price at the end of 2024 is $855 - and the year to year change +76%. The rise from today to year-end: +38%.
Netflix ranks No. 2 in our rating of the Best On-Demand Streaming Services of 2024.
Current analyst estimates for 2024 are calling for earnings of $17.21 per share. That would give Netflix a valuation of a little over 35x forward full year earnings on a price-to-earnings basis.
The NetFlix stock price forecast for the next 30 days is a projection based on the positive/negative trends in the past 30 days. Based on the current trend the price of NFLX stock is predicted to rise by 2.35% tomorrow and lose -0.62% in the next 7 days.
Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 41 Wall Streets Analysts.
Apple Inc.'s market capitalization is $2,671.93 B by 15.44 B shares outstanding. Is Apple stock a Buy, Sell or Hold? Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.
Should I keep Netflix stock?
NFLX Stock Forecast FAQ
Based on analyst ratings, Netflix's 12-month average price target is $598.98. What is NFLX's upside potential, based on the analysts' average price target? Currently there's no upside potential for NFLX, based on the analysts' average price target.
The Netflix stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Is Netflix a good stock to buy? Netflix is a great stock for growth investors with a high risk tolerance. For more risk-averse investors, Netflix stock may not be the right choice due to its lofty valuation.
Netflix (NFLX) is up over 25% in 2024 so far, continuing bullish momentum after a strong earnings call on Jan. 23.
- 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 4.1% above the current share price.
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 232.85 | 28.45% |
| 2026 | $ 299.10 | 64.99% |
| 2027 | $ 384.20 | 111.94% |
| 2028 | $ 493.50 | 172.23% |
- Peaco*ck. ...
- Sling TV. ...
- Hulu. ...
- Netflix. ...
- Disney Plus. The best streaming service for families. ...
- Apple TV Plus. The best high-quality original content. ...
- Fubo. The best streaming service for sports afficionados. ...
- Prime Video. The best streaming service you're already paying for.
- Standard with ads: $6.99 per month.
- Standard: $15.49 per month.
- Premium: $22.99 per month.
| Hulu | Hulu (No Ads) | |
|---|---|---|
| Price | $8/mo. | $18/mo. |
| Free trial length | 30 days | 30 days |
| Access to Hulu's on-demand library? | ✔ | ✔ |
| No ads (for on-demand content) | X | ✔ |
Netflix beat expectations with its latest results, but its shares were dropping as the company delivered a mixed outlook and announced plans to stop reporting subscriber numbers on a regular basis starting next year.
Where to invest in Netflix stock?
You can buy Netflix stock through a brokerage account. You'll need to add money to the account and then search within the brokerage's platform using the symbol "NFLX." You can also buy Netflix stock through Netflix's direct stock purchase plan.
The current TTM dividend payout for Netflix (NFLX) as of April 17, 2024 is $0.00. The current dividend yield for Netflix as of April 17, 2024 is 0.00%. Netflix is considered a pioneer in the streaming space.
GOOG Stock Forecast FAQ
Alphabet Class C has 7.43% upside potential, based on the analysts' average price target. Is GOOG a Buy, Sell or Hold? Alphabet Class C has a conensus rating of Strong Buy which is based on 10 buy ratings, 1 hold ratings and 0 sell ratings.
Tesla has a conensus rating of Hold which is based on 8 buy ratings, 19 hold ratings and 7 sell ratings. The average price target for Tesla is $184.86. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
Walmart has a conensus rating of Strong Buy, which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings. The average share price target for Walmart is €62.14. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months. Walmart's analyst rating consensus is a Strong Buy.
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