Is Netflix a good stock to buy? (2024)

Is Netflix a good stock to buy?

Netflix has a conensus rating of Moderate Buy which is based on 27 buy ratings, 12 hold ratings and 1 sell ratings. What is Netflix's price target? The average price target for Netflix is $637.29. This is based on 40 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

Are Netflix shares a good investment?

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 stock expected to grow?

Analysts are expecting higher membership and revenue numbers. In fact, the company's management projected 13.20% revenue growth year over year compared to 2023. If it meets thise targets, free cash flow growth and margins could push the stock up by 20% to 28% over the next year.

Is Netflix a good stock to buy 2024?

For 2024, Netflix expects its revenue to rise between 13% and 15% and for its operating margin to expand from 21% to 25%. Those expanding margins reinforce its reputation as the only major streaming platform that can generate consistent profits.

Is NFLX a strong buy?

Given that NFLX has a Zacks Rank #3 and an ESP in positive territory, investors might want to consider this stock ahead of earnings. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.

What would $1 000 invested in Netflix stock 10 years ago be worth now?

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.

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.

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.

How much is Netflix stock in 2025?

What will Netflix stock be in 2025?

Netflix Stock Price Forecast 2024-2025

The rise from today to year-end: +29%. In the middle of 2024, we expect to see $561. In the first half of 2025, the Netflix price will climb to $827; in the second half, the price would add $19 and close the year at $846, which is +52% to the current price.

Is Netflix a safe stock?

Shares have been on a tear, reflecting strong fundamentals. After its rapid ascent over most of the past decade thanks to its dominance in the burgeoning streaming landscape, Netflix (NFLX -0.62%) hit a bit of a rough batch. Slower revenue and subscriber growth caused the shares to tank 51% in 2022.

Why is Netflix stock falling?

April 19 (Reuters) - Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning that rivals may follow the step by scrapping the key metric on the streaming industry's health.

Is Netflix overvalued stock?

Netflix (NASDAQ:NFLX) stock is overvalued. That's the opinion of analysts at Benchmark, who maintained a Sell rating and $440 price target on the streaming giant's shares in a note Thursday, heading into the company's earnings release.

Who holds the most Netflix stock?

Who owns Netflix? Netflix (NASDAQ: NFLX) is owned by 80.92% institutional shareholders, 6.41% Netflix insiders, and 12.67% retail investors. Rick Kimball is the largest individual Netflix shareholder, owning 8.01M shares representing 1.85% of the company. Rick Kimball's Netflix shares are currently valued at $5.04B.

Is Netflix overvalued or undervalued?

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. We've raised our fair value estimate of Netflix to $410 from $350, implying a multiple of 26 times on our 2024 earnings per share forecast.

Who are the biggest investors in Netflix?

Largest shareholders include Vanguard Group Inc, BlackRock Inc., Fmr Llc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Price T Rowe Associates Inc /md/, Capital World Investors, VFINX - Vanguard 500 Index Fund Investor Shares, Jpmorgan Chase & Co, and AGTHX - GROWTH FUND OF AMERICA ...

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.

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?

Is Netflix stock tanking?

Netflix stock closed down 9.1% on Friday, after the company reported its first quarter earnings on Thursday. The dip followed Netflix's forecast that subscribers will be lower during the second quarter, which the company blamed on “seasonality.”

Is Apple a good stock to buy right now?

AAPL Stock Forecast FAQ

Apple has 21.12% upside potential, based on the analysts' average price target. Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 16 buy ratings, 11 hold ratings and 2 sell ratings.

Who invested in Netflix?

What will Netflix stock be worth in 10 years?

If that happens and Netflix still trades at about 30 times earnings, its stock might be trading at around $3,300 per share in 10 years. That would represent a near-sixfold gain from its current price -- but it would fall woefully short of turning a $10,000 investment into $1 million.

Will Netflix go up?

Netflix is expected to hike prices on its streaming plans in 2024 — a move that should accelerate its revenue and earnings growth — as it continues to take a bigger bite out of overall TV viewing, according to analysts at UBS Securities.

How high is Apple stock expected to go?

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.93, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 24.20% from the current stock price of 165.00.