Notable positive changes in fundamentals have recently occurred for Netflix Inc (NASDAQ: NFLX): the consensus estimate for December, 2025 increased significantly, the consensus estimate for December, 2024 increased significantly, and significant quarterly earnings acceleration occurred.
Netflix Inc (NASDAQ: NFLX) has recently enjoyed significant positive changes in investment behavior: its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
NFLX is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Netflix has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Netflix has a slightly negative Appreciation Score of 30 but a very high Power Rating of 97, producing the Positive Value Trend Rating.
Recent Price Action
On 8/15/24, Netflix Inc (NASDAQ: NFLX) stock rose slightly by 0.2%, closing at $663.22. NORMAL trading volume accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months and has risen 8.5% during the last week.
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