Zacks Rating on Netflix (NFLX)

Netflix (NFLX) : The consensus on Netflix (NFLX) based on 30 analyst recommendation on the company stock is 2.27, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 13 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 3 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Netflix (NFLX).

Netflix (NFLX) : Currently there are 28 street experts covering Netflix (NFLX) stock. The most bullish and bearish price target for the stock is $139 and $50 respectively for the short term. The average price target of all the analysts comes to $106.79. The estimated standard deviation from the target is $21.62.


Shares of Netflix, Inc. rose by 0.86% in the last five trading days and 9.45% for the last 4 weeks. Netflix, Inc. has dropped 1.99% during the last 3-month period . Year-to-Date the stock performance stands at -16.12%. Netflix (NASDAQ:NFLX): stock turned positive on Tuesday. Though the stock opened at $95.68, the bulls momentum made the stock top out at $96.59 level for the day. The stock recorded a low of $95.48 and closed the trading day at $95.94, in the green by 0.71%. The total traded volume for the day was 5,237,956. The stock had closed at $95.26 in the previous days trading.

Netflix, Inc. is a provider of Internet television network. The Company has over 57 million streaming members in over 50 countries. Its members can watch more than two billion hours of television (TV) shows and movies per month, including original series, documentaries and feature films on Internet-connected screen. The Company has three operating segments: Domestic streaming, International streaming and Domestic DVD. The Domestic and International streaming segments derive revenues from monthly membership fees for services consisting of streaming content. The Domestic DVD segment derives revenues from monthly membership fees for services consisting of DVD-by-mail. Its members can play, pause and resume watching, all without commercials or commitments. Additionally, in the United States, its members can receive DVDs to their homes. The Company offers streaming service both domestically and internationally.

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