Analysts have clear opinions on NFLX.
There are 32 analysts on the Wall offering 12 month price targets for Netflix in the last 3 months. The average price target is $371.24 with a high forecast of $450.00 and a low forecast of $200.00. The average price target represents a 9.49% increase from the last price of $339.07.
Netflix, Inc. (NFLX) is followed by 32 analysts on the street.
Mark Kelley from Nomura rates it a Hold with a target of $330.00.
Similarly, today Justin Patterson of Raymond James Reiterated a Buy with a target of $415.00.
The consensus on the street is Moderate Buy.
What does Netflix, Inc.(NFLX) do ?
Netflix, Inc. is an Internet subscription service company, which provides subscription service streaming movies and television episodes over the Internet and sending DVDs by mail. It operates through the following segments: Domestic Streaming, International Streaming and Domestic DVD. The Domestic Streaming segment derives revenues from monthly membership fees for services consisting solely of streaming content to its members in the United States. The International Streaming segment includes fees from members outside the United States. The Domestic DVD segment covers revenues from services consisting solely of DVD-by-mail. The company was founded by Marc Randolph and Wilmot Reed Hastings Jr., on August 29, 1997 and is headquartered in Los Gatos, CA.
Netflix, Inc. (NFLX) Insider Trades
Multiple company employees have indulged in significant insider trading. Netflix, Inc. disclosed the following in a document filed with the US Securities and Exchange Commission (SEC):
CEO, Hastings Reed : S – Sale+OE(-$31,876,755) of NFLX in the trading session of 2019-12-23.
CEO Hastings Reed : S – Sale+OE(-$17,011,377) of NFLX in the trading session of 2019-11-25.
CEO Hastings Reed : S – Sale+OE(-$11,042,334) of Netflix, Inc. in the trading session of 2019-10-21.
Looking for stocks just like NFLX?
Based on Wall Street analyst research, several stocks are similar to NFLX
– AMZN [Info can be found here: https://www.nasdaq.com/market-activity/stocks/AMZN ]
– VIAC [Info can be found here: https://www.nasdaq.com/market-activity/stocks/VIAC ]