How to buy Netflix stock in Canada

How to buy Netflix stock

1. Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
2. Open an account. Provide your personal information and sign up.
3. Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
4. Search for the stock name – NFLX. Search for the stock by name or ticker symbol.
5. Buy the stock. Place your order. It's that simple.

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What is Netlfix?

Netflix (NFLX) is a subscription-based video streaming platform and production company. Members can watch acquired, licensed or originally produced content without commercials in exchange for a monthly fee. Netflix was founded in 1997 and its headquarters are in California, USA.

News update: March 14, 2023

• Over 30 analysts are offering a 12-month median stock price forecast of $384.00 which is a +30.19% increase from Netflix’s current stock price.
• This is only a median estimate, however, with the high estimate coming in at $440.00 and the low estimate targeting a price of $230.00.

Netlfix stock price

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Note: The dollar amounts in the table below are in Canadian dollars.

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Interactive Brokers Interactive Brokers Finder Award		Finder Score: ★★★★★ 4.3 / 5	Stocks, Bonds, Options, ETFs, Currencies, Futures	min $1.00, max 0.5%	$0	N/A	Winner for Best Overall Broker in the Finder Stock Trading Platform Awards.	Go to site View details	Compare	loading Fetching your data...
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CASHBACK Qtrade Direct Investing Qtrade Direct Investing	CASHBACK	Finder Score: ★★★★★ 3.7 / 5	Stocks, Bonds, Options, Mutual Funds, ETFs, GICs	$6.95 - $8.75	$0 if conditions met, otherwise $25/quarter	Get up to $2,000 cashback as a new or existing client. Use promo code CASHBONUS2024. Ends March 4, 2024.	Low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options.	Go to site View details	Compare	loading Fetching your data...
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Alternative ways to invest in Netflix

Buying stocks in just one company can leave you more exposed to unexpected swings in the market than if you have a range of investments otherwise known as a diversified portfolio. Experts generally recommend having a broad mix of assets and funds on the basis that drops in the value of some will be offset by rises elsewhere.

This means that it’s generally a good idea to invest in exchange traded funds (ETFs) or index funds like the S&P 500 to expose yourself to a variety of companies and industries. The good news is that Netflix is a major part of the NASDAQ index, so it’s included in many global funds and investment trusts like the S&P 500, as well as ETFs.

We're not expecting to pay a dividend over the next 12 months. However, you can browse other dividend-paying shares in our guide.

Netflix share price volatility

Over the last 12 months, Netflix's shares have ranged in value from as little as $273.41 up to $485. A popular way to gauge a stock's volatility is its "beta".

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 1.261. This would suggest that Netflix's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Netflix in the news

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Netflix (NFLX) Is Considered a Good Investment by Brokers: Is That True?

Frequently asked questions about Netflix (NFLX)

• Is Netflix a good stock to invest?

  Netlfix stock has an IBD Relative Rating of 95/99. An IBD Relative Strength rating shows a stock's price performance over the past year, with the latest 3-month period weighted more heavily than the previous periods. Based on this rating, with 1 being the worst to 99 being the strongest, Netflix is a good stock to invest in.

• Can I buy Netflix stock directly?

  No, you can't buy stocks directly from Netflix. You need to buy Netflix stock through a broker. If you don't already have one, choose a broker from our table above and open an account to get started.

• How much does it cost to buy stock in Netflix?

  As of March 14, 2023, the cost of 1 Netflix share was $294.94 (USD). Many online brokers offer zero commission or fractional stock trading, so make sure you compare brokers to find the right one for you.

• What percentage of Netflix is owned by insiders or institutions?

  As of March 2023, approximately 1.4% of Netflix shares are held by insiders and 84% by institutions.

• When does the fiscal year end for Netflix?

  Netflix's fiscal year ends in December.

• What is Netflix's ISIN number?

  Netflix's international securities identification number is: US64110L1061

• What is Netflix's CUSIP number?

  Netflix's Committee on Uniform Securities Identification Procedures number is: 64110L106

Netflix overview

Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members 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. The company has approximately 231 million paid members in 190 countries. Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.