Finder makes money from featured partners, but editorial opinions are our own. Advertiser disclosure

How to buy Netflix stock

Buy Netflix stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Netflix is a video streaming service headquartered in Los Gatos, California. Founded in 1997 by Marc Randolph and Reed Hastings, Netflix offers streaming access to TV series, documentaries, feature films and mobile games.

As of September 2023, Netflix is one of the world’s most popular video streaming services, with more than 238 million paying members in more than 190 countries.

How to buy shares in Netflix

  1. Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
  2. Open your account. Provide your personal information and sign up.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: NFLX in this case.
  5. Research stocks. The platform should provide the latest information available.
  6. Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving license and a means of payment.

Our top picks for buying Netflix stock

Best for options trading

Go to site

  • Trade options, futures, options on futures, stocks, ETFs
  • $0 commission to close options
  • Get $100-$5,000 when you open an account with $5,000 to $1,000,000+

Best for mobile experience

Go to site

  • Earn up to 3% in matching funds on Robinhood IRA contributions
  • Earn up to 5.25% interest on uninvested cash
  • Get a free stock when you successfully sign up and link your bank account

Promoted for beginners

Go to site

  • Trade fractional shares of stocks, ETFs and Bitcoin
  • Invest with as little as $1
  • Free to open, no minimum balance required and no commission fees

Latest updates for Netflix

March 15, 2024: More analysts streamed their approval of Netflix this week. Jefferies raised its price target to $700 from $580, while Evercore ISI analyst Mark Mahaney raised the price target to $640 from $600 per share and kept an outperform rating, according to The Street.

March 11, 2024: Shares of Netflix edge higher in Monday's pre-market trading after Oppenheimer analysts reiterated their Outperform rating on the streaming giant, raising its price target from $615 to $725 per share, according to Yahoo Finance.

March 4, 2024: Netflix's share price reached a new 52-week high during trading on Monday. The stock traded as high as $621, with a volume of 33,081 shares. The stock had previously closed at $619.34, according to MarketBeat.

February 29, 2024: Netflix saw a significant insider sell on February 27, 2024. Co-Chief Executive Officer Gregory Peters sold 5,821 shares of the company, according to a recent SEC filing, according to Yahoo Finance.

February 22, 2024: Zacks Investment Research highlighted Netflix's stock this week, suggesting its 2024 bottom line will be $16.93 per share, up 6% in the past 60 days. The company has a Growth Score of B and a trailing four-quarter earnings surprise of 5.4%, on average, according to Yahoo Finance.

Looking ahead - Netflix stock Q1 2024

Netflix has experienced a slowdown in growth rates to single digits in 2022 and 2023, but there are signs of a return to double-digit growth in the near future.

Key catalysts for this potential growth include efforts to monetize account sharing through "paid sharing" and the development of a nascent advertising business, which is expected to become material to Netflix's revenue in 2024.

The company's revenue growth has already begun to accelerate, with management guiding for a double-digit growth rate of 10.7% in the fourth quarter of 2023.

Is it a good time to buy Netflix stock?

Only you can make the decision on the time to leap... but here's some supporting information and analysis.

Use our graph to track the performance of NFLX stocks over time.

Share price volatility

Over the last 12 months, Netflix's shares have ranged in value from as little as $293.54 up to $624.42. A popular way to gauge a stock's volatility is its "beta".

NFLX.US volatility(beta: 1.22)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Netflix's is 1.219. This would suggest that Netflix's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Historical closes compared with the last close of $618.39

1 week (2024-03-12)1.20%
1 month (2024-02-16)5.90%
3 months (2023-12-19)24.92%
6 months (2023-09-19)56.08%
1 year (2023-03-17)103.75%
2 years (2022-03-18)62.48%
3 years (2021-03-19)20.74%
5 years (2019-03-19)72.36%

The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

Buy Netflix stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.
1 - 5 of 5
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
Tastytrade
Finder Rating: 4.6 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
Robinhood
Finder Rating: 4.2 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
1.5%, or 5.25% with Robinhood Gold
Get a free stock
when you successfully sign up and link your bank account.
Make unlimited commission-free trades, plus earn a 5.25% APY on your uninvested cash through January 31, 2024, with Robinhood Gold. Subscription fees apply.
Cash App
Finder Rating: 3 / 5: ★★★★★
Cash App
★★★★★
Stocks, ETFs, Cryptocurrency
$0
$0
4.5%
N/A
Buy and sell over 1,800 stocks and ETFs commission-free and for as little as $1.
Public.com
Finder Rating: 4.3 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
5.1%
N/A
2.5% fee applies to all alternative asset transactions.
Interactive Brokers
Finder Rating: 4.3 / 5: ★★★★★
Interactive Brokers
★★★★★
Stocks, Bonds, Options, Mutual funds, ETFs, Cryptocurrency, Futures, Forex, Treasury Bills
$0
$0
3.83% Lite
4.83% Pro
N/A
Winner of Finder’s Best Overall Stock Broker award.
loading

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

Is Netflix under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Netflix P/E ratio, PEG ratio and EBITDA

Netflix's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 50x. In other words, Netflix stocks trade at around 50x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 10, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Netflix's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.5943. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Netflix's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Netflix's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $7.3 billion.

The EBITDA is a measure of a Netflix's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

More guides on Finder

Ask an Expert

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy and Cookies Policy and finder.com Terms of Use.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Go to site