NFLX
Netflix (NASDAQ: NFLX) received a price target increase after Wedbush raised its price target to $118 from...
Article Summary
BUY- Netflix (NASDAQ: NFLX) received a price target increase after Wedbush raised its price target to $118 from $115, implying a roughly 15% potential increase from current trading levels.
- The firm cited growing momentum in Netflix's global advertising business and potential benefit of recent subscription price adjustments.
- Analysts project Netflix will post earnings of about $0.79 per share for the quarter ending March 31, up more than 15 percent from the prior year, with revenue expected to reach $12.18 billion.
- Netflix ended its fourth quarter with more than 325 million paid memberships worldwide, with Wedbush noting that Netflix appears well positioned to expand its ad-supported tier through improved targeting and additional live content offerings.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 16.5% | 25% | 60.0 ptsModerate (16.5%) - Decent growth |
| EPS Growth Next 5Y ? | 21.8% | 25% | 70.0 ptsGood (21.8%) - Solid outlook |
| Target Price Upside ? | 7.4% | 20% | 35.0 ptsBelow Screener (7.4%) - Target: $114.24 vs Current: $106.32 |
| Gross Margin % ? | 48.6% | 15% | 60.0 ptsSolid (48.6%) - Decent margins |
| Drawdown from 52-Wk High ? | -20.7% | 15% | 40.0 ptsMild Pullback (-20.7%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About NFLX
- Netflix, Inc. provides entertainment services worldwide.
- The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages.
- It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.
- Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.