Is Netflix stock a good buy? (2024)

Is Netflix stock a good buy?

NFLX Stock Forecast FAQ

Is it good to buy Netflix stock now?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Netflix stock to perform well in the short-term.

Is Netflix a good stock to buy 2024?

It's been a good run for folks that have been binge investing in Netflix (NASDAQ: NFLX). The stock has more than doubled since the start of last year. Even in 2024 -- with many of last year's winners proving mortal -- shares of the leading premium video service provider are beating the market, up 26% year to date.

What is the future outlook for Netflix stock?

Stock Price Forecast

The 31 analysts with 12-month price forecasts for Netflix stock have an average target of 548.71, with a low estimate of 333 and a high estimate of 725. The average target predicts a decrease of -11.60% from the current stock price of 620.74.

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What if I invested $1,000 in Netflix 10 years ago?

If you had invested in Netflix ten years ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in February 2014 would be worth $9,138.15, or a gain of 813.81%, as of February 12, 2024, and this return excludes dividends but includes price increases.

Is Netflix a safe stock to invest in?

Is Netflix a good stock to buy? Netflix is a great stock for growth investors with a high risk tolerance. For more risk-averse investors, Netflix stock may not be the right choice due to its lofty valuation.

What will Netflix be worth in 2030?

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 will Netflix be worth in 2025?

Netflix stock price stood at $607.33

According to the latest long-term forecast, Netflix price will hit $900 by the end of 2024 and then $1200 by the end of 2025. Netflix will rise to $1500 within the year of 2026, $1800 in 2027, $2000 in 2028, $2500 in 2031 and $3000 in 2035.

Is Apple a buy or sell right now?

Apple's analyst rating consensus is a Moderate Buy. This is based on the ratings of 28 Wall Streets Analysts.

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 $5.03B.

Is Tesla a buy or sell?

Tesla has a conensus rating of Hold which is based on 10 buy ratings, 18 hold ratings and 6 sell ratings. What is Tesla's price target? The average price target for Tesla is $207.74. This is based on 34 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

What will Tesla stock price be in 2030?

The manager of the Baron Focused Growth Fund expects Tesla's stock to reach $1,200 by 2030, up 550% from current levels, citing its strong brand. Tesla and Musk's privately held SpaceX were the fund's largest holdings as of December 31.

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What if you bought Netflix stock 20 years ago?

Currently, Netflix has a market capitalization of $262.63 billion. Buying $1000 In NFLX: If an investor had bought $1000 of NFLX stock 20 years ago, it would be worth $119,084.31 today based on a price of $606.87 for NFLX at the time of writing.

What was the highest Netflix stock price ever?

Has Netflix ever been profitable?

Video streaming giant Netflix had a total net income of nearly 5.4 billion U.S. dollars in 2023, whilst the company's annual revenue reached around 33.7 billion U.S. dollars.

Is Netflix a long term buy?

The good news is NFLX stock has clobbered the broader market over the long term, generating an annualized total return of 33.1% over the past 20 years, vs 10.4% for the S&P 500.

Why is investing in Netflix a good idea?

All in all, based on analysts' forecasts, Netflix is expected to grow its revenue at a compound annual growth rate (CAGR) of 9% from 2021 to 2025. That's a faster rate than your average US firm. On the operating profit front, Netflix is expected to make $5 billion to $6 billion this year.

Will Netflix stock continue to grow?

Growth (YOY)

It expects that momentum to continue, with 13.2% year-over-year revenue growth in the first quarter of 2024. Netflix's ability to raise its prices in this competitive environment counters the bearish notion that it will need to reduce its fees to keep growing.

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