Will Netflix stock go up in 2024? (2024)

Will Netflix stock go up in 2024?

It's been a good run for folks that have been binge investing in Netflix (NFLX -0.38%). The stock has more than doubled since the start of last year. Even in 2024 -- with many of last year's winners proving mortal -- shares of the leading premium video service provider are beating the market, up 26% year to date.

Is Netflix a good stock to buy 2024?

“However, the firm provided a 2024 revenue growth outlook range that, at the midpoint basis, falls below the Street.” Citi rates Netflix at Neutral with a price target of $660 on the stock, which closed at $611.15 on Thursday. Netflix also said it sees 2024 revenue growth of 13% to 15%.

What is Netflix guidance for 2024?

For the full year 2024, we expect healthy revenue growth of 13% to 15%, based on F/X rates at the end of Q1'24. We now expect FY24 operating margin of 25%, based on F/X rates as of January 1, 2024, up from our prior forecast of 24%.

What will Netflix price be in 2024?

Last October, Netflix increased the price of the Basic plan from $9.99 to $11.99 per month in the U.S., and also hiked prices of the tier in the U.K. and France. Netflix hasn't announced specific plans to hike subscription prices in 2024, but execs have said rate increases are on the table.

How much will Netflix be worth in 2025?

Should I hold Netflix stock?

NFLX Analyst Recommendation Trends

In the current month, NFLX has received 51 Buy Ratings, 23 Hold Ratings, and 1 Sell Ratings. NFLX average Analyst price target in the past 3 months is $598.98.

What would $1000 in Netflix stock ten years ago be worth today?

So, if you had invested in Netflix ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in March 2014 would be worth $9,728.72, or a gain of 872.87%, as of March 4, 2024, according to our calculations. This return excludes dividends but includes price appreciation.

How much will Netflix make in q1 2024?

The streaming giant reported revenue of $9.4 billion and operating income of $2.6 billion, both up substantially from a year earlier.

What are the 3 plans for Netflix?

How will Netflix stop password sharing?

It will enforce the end of password sharing by asking devices to “check in” periodically in your home location around once a month. If you have kids at college, they could check their devices in when they are home, if they can get back every 31 days.

What will Netflix stock be in 2030?

The stock's total value must multiply by nearly 5 before reaching a $1 trillion market cap -- an ambitious goal that calls for time and patience. A more reasonable, yet consistently market-beating, estimate suggests Netflix could reach a $564 million market cap by 2030 and $1 trillion in 2035.

What is the price prediction for Netflix?

Stock Price Forecast

The 32 analysts with 12-month price forecasts for Netflix stock have an average target of 623.56, with a low estimate of 370 and a high estimate of 800. The average target predicts an increase of 12.35% from the current stock price of 555.04.

What is Netflix new price target?

What is Amazon stock prediction 2025?

As of April 19, 2024, the consensus Amazon stock rating from 45 analysts compiled by MarketBeat was a 'Buy'. According to the latest analyst's price targets, the AMZN stock could reach $202.80 by April 2025.

Why is Netflix stock going up?

Key Takeaways. Netflix shares were sharply higher in pre-market trading Wednesday after the streaming giant said it added 13.1 million subscribers in the fourth quarter, well ahead of Wall Street's consensus view. The company plans to increase its programming slate and tap into new areas, such as advertising and gaming ...

Has Netflix stock ever split?

Netflix stock (symbol: NFLX) underwent a total of 2 stock splits. The most recent stock split occured on July 15th, 2015.

Is Netflix a long term buy?

Fair Value Estimate for Netflix

With its 2-star rating, we believe Netflix's stock is overvalued compared with our long-term fair value estimate of $425, which implies a multiple of 25 times our 2024 earnings per share forecast.

Is Netflix a buy hold or sell?

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 66 buy ratings, 24 hold ratings, and 6 sell ratings.

Is Netflix stock expected to grow?

Bank of America Raises Price Target, Citing Updated Full-Year Forecasts. Netflix updated its revenue growth expectations for the full 2024 year, saying that the company "expect[s] healthy revenue growth of 13% to 15%."

How much is $1,000 in Netflix 20 years ago?

However, as noted, things have turned south since then. Check out the above chart and you'll see that if you invested $1,000 in NFLX stock 20 years ago – and did not sell at the peak – today you would be sitting on not quite $139,000. That's still a terrific return, of course.

What was the highest Netflix stock price ever?

What if you invested $1000 in Netflix in 2007?

17, according to CNBC's calculations. And if you had invested $1,000 in Netflix a decade ago, it would have ballooned by more than 654% to $7,543 as of Oct. 17, according to CNBC's calculations.

What is the cheapest Netflix plan 2024?

What is the best streaming service?

How much does Netflix get in a year?

Netflix Statistics (Top Picks)

Netflix currently has 260.28 million subscribers. Up from 167.09 million members in 2019. Netflix generated $33.72 billion in revenue in 2023. More than half of the titles available in Netfix's US catalog are originals or exclusives.