Seeing Is Believing
NFLX is currently covered by 35 analysts with an average price target of $764.94. This is a potential upside of $34.65 (4.74%) from yesterday's end of day stock price of $730.29.
Netflix's activity chart (see below) currently has 1,176 price targets and 979 ratings on display. The stock rating distribution of NFLX is 25.65% HOLD, 10.43% SELL and 63.91% BUY.
Analysts average stock forecasts to be materialized ratio is 88.04% with an average time for these price targets to be met of 193.23 days.
Highest price target for NFLX is $900, Lowest price target is $430, average price target is $764.94.
Most recent stock forecast was given by JUSTIN PATTERSON from KEYBANK on 01-Oct-2024. First documented stock forecast 27-Jan-2011.
Netflix has been transforming the entertainment industry since it was founded in 1997. The company provides a wide range of TV series, documentaries, feature films, and mobile games across various genres and languages, and has gained immense popularity for its streaming services. With approximately 231 million paid members in 190 countries, Netflix has become a household name for entertainment seekers worldwide.
One of the factors that have made Netflix so popular is the flexibility it offers to its users. With the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices, Netflix subscribers can enjoy their favorite shows and movies anywhere, anytime. The company’s user-friendly interface and personalized recommendations based on users’ viewing history make it easy for subscribers to discover new content they may enjoy.
Another reason for Netflix’s success is the company’s focus on producing original content. By creating its shows and films, Netflix has been able to offer exclusive content that cannot be found anywhere else. This strategy has allowed the company to differentiate itself from its competitors and provide its subscribers with fresh and exciting content that keeps them engaged.
Moreover, Netflix has been at the forefront of revolutionizing the way we consume media. By eliminating the need for physical copies of movies and TV shows, the company has greatly reduced the environmental impact of entertainment. Additionally, the convenience of streaming services has led to a decrease in piracy, as more people are willing to pay for the convenience of accessing their favorite content legally and conveniently.
Netflix’s main product is its streaming service which allows subscribers to access a wide range of TV shows, movies, and documentaries from various genres and languages. Netflix produces its original content in addition to licensing content from other studios.
In 2021, Netflix expanded its offerings to include mobile gaming. The company currently offers a small selection of mobile games for subscribers in select markets.
Netflix is available on a wide range of internet-connected devices, including smart TVs, digital video players (such as Roku and Amazon Fire TV), set-top boxes (such as Apple TV and Google Chromecast), and mobile devices (such as smartphones and tablets).
Netflix uses algorithms to analyze users’ viewing history and provide personalized recommendations for new content to watch.
Netflix offers parental controls to help parents restrict access to certain types of content based on ratings and other factors.
Subscribers can download TV shows and movies to watch offline on mobile devices.
Netflix has invested heavily in producing original TV series and movies, including popular shows such as “Stranger Things,” “The Crown,” and “Narcos,” as well as acclaimed films such as “Roma” and “The Irishman.”
Netflix dominates the streaming market, despite competition from Hulu and Amazon Prime Video. They stay ahead by being innovative and adaptable. As the streaming industry grows, Netflix keeps improving to stay ahead.
Currently out of the existing stock ratings of NFLX, 59 are a HOLD (25.65%), 24 are a SELL (10.43%), 147 are a BUY (63.91%).
Analyst name
Rating
Current price target
Potential Upside
Previous price target
Date
Price targets met ratio
Average potential upside
Average Time (Days) For PT To Be Met
Performance score
Buy
$760
$40.3 (5.60%)
$735
10 days ago
32/35 (91.43%)
$53.87 (7.63%)
181
Hold
$635
$-84.7 (-11.77%)
$635
21 days ago
19/26 (73.08%)
$-66.03 (-9.42%)
94
Buy
$900
$180.3 (25.05%)
$800
1 months 11 days ago
26/34 (76.47%)
$198.65 (28.32%)
358
Buy
$750
$30.3 (4.21%)
$710
1 months 14 days ago
60/61 (98.36%)
$54.28 (7.80%)
269
Buy
$725
$5.3 (0.74%)
$725
2 months 11 days ago
37/40 (92.5%)
$102.42 (16.45%)
134
What is NFLX (Netflix) average time for price targets to be met?
Which analyst has the current highest performing score on NFLX (Netflix) with a proven track record?
Which analyst has the most public recommendations on NFLX (Netflix)?
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Which analyst is the currently most reserved on NFLX (Netflix)?