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.
Netflix is one of the world’s most popular video streaming services, with more than 260 million paying members in more than 190 countries.
July 16, 2024: Netflix, which is firmly holding the reins as the dominant streaming platform, is set to report its second quarter earnings on Thursday, according to Quartz.
July 2, 2024: Analysts at Argus Research maintained a Buy rating on Netflix and updated its price target from $660 to $767, according to Benzinga.
Review technicals and fundamentals to help you determine if now's a good time for you to invest.
View Netflix's price performance, share price volatility, historical data and technicals.
Historical closes compared with the last close of $642.76
| 1 week (2024-07-16) | -0.73% |
|---|---|
| 1 month (2024-06-23) | -3.93% |
| 3 months (2024-04-23) | 15.79% |
| 6 months (2024-01-23) | 17.97% |
| 1 year (2023-07-23) | 50.05% |
| 2 years (2022-07-21) | 191.58% |
| 3 years (2021-07-22) | 24.71% |
| 5 years (2019-07-23) | 102.16% |
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.
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 45x. In other words, Netflix's stocks trade at around 45x 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 09, 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 1.7203. 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 $8.2 billion ($11.3 billion CAD).
The EBITDA is a measure of Netflix's overall financial performance and is widely used to measure a its profitability.
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