Last price: $553.35
52w range:
$315.62
to
$639.00
52w change:
75.00%
to
-13.00%
Forward PE: 26.53
Trailing EPS: 14.43
50d average: $603.58
(-8%)
200d average: $488.33
(13%)
Open: $560.00
Previous close: $559.49
Change: -$6.14
(-1.10%)
Day high: $560.00
Day low: $551.57
Volume: 1.02 million
Avg. vol 3m: 3.67 million
NasdaqGS
NASDAQ:NFLX
Cap: 238.44 billion
Shares outstanding: 430.9 million
Price hint: 2
Price to book: 11.16
Yahoo Quote
Netflix, Inc. (ticker symbol: NFLX) is a leading player in the world of global streaming entertainment services, boasting over 200 million paid memberships across more than 190 countries. The company offers its members a massive portfolio of TV series, documentaries, and feature films including exclusive Netflix Originals.
The streaming giant has demonstrated impressive growth since its move to online streaming in 2007, fueled largely by an evolution in consumer preferences toward online streaming and digital content. This has positioned Netflix at the forefront of a significant shift away from traditional television.
Netflix also relies heavily on its data analytics and in-house production to recommend personalized content and create compelling exclusive shows and movies, which in turn helps attract and retain subscribers.
Financially, they have shown strong revenue growth annually. However, it's important to note that Netflix pours a huge portion of its revenue back into content production and acquisition, which has pressured its profitability and led to increasing cash burn. Additionally, they have consistently had negative free cash flows while also accumulating a big debt load.
From a competitive standpoint, Netflix is facing increasing competition from new entrants like Disney+, HBO Max, Amazon Prime Video, Apple TV+, and others in the intensely competitive streaming space. The competition could potentially lead to higher content costs and loss of market share.
Netflix's stock has seen significant swings, and while it might provide considerable return potential, it also comes with high risk. Investors should consider both the growth prospects and the risks associated with its cash burn and increasing competition before investing in the company.
As always, it is advisable to conduct your own research or consult with a professional financial advisor to understand the compatibility of your investment goals with the high-risk, high-return nature of Netflix's stock.