In Wednesday’s Wall Street session, Netflix Inc (NASDAQ:NFLX) shares traded at $919.68, up 2.75% from the previous session.
NFLX stock price is now -3.02% away from the 50-day moving average and 17.42% away from the 200-day moving average. The market capitalization of the company currently stands at $393.40B.
With the price target enhanced from $975 to $1200, Bernstein Upgraded its rating from Mkt Perform to Outperform for Netflix Inc (NASDAQ: NFLX). On January 23, 2025, Wolfe Research Upgraded its previous ‘Peer Perform’ rating to ‘Outperform’ on the stock keeping its target price maintained at $1100, while ‘The Benchmark Company’ rates the stock as ‘Hold’
In other news, Neumann Spencer Adam, Chief Financial Officer sold 2,601 shares of the company’s stock on Mar 03 ’25. The stock was sold for $2,554,317 at an average price of $982.05. Upon completion of the transaction, the Chief Financial Officer now directly owns 3,691 shares in the company, valued at $3.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Executive Chairman HASTINGS REED sold 30,485 shares of the business’s stock. A total of $29,933,920 was realized by selling the stock at an average price of $981.92. This leaves the insider owning 394 shares of the company worth $0.36 million. A total of 0.72% of the company’s stock is owned by insiders.
During the past 12 months, Netflix Inc has had a low of $542.01 and a high of $1064.50. As of last week, the company has a debt-to-equity ratio of 0.73, a current ratio of 1.22, and a quick ratio of 1.22. According to the stock market information, the enterprise value for the company is $401810882560, which is based on a 46.38 price-to-earnings ratio, a 2.04 price-to-earnings-growth ratio, and a beta of 1.56. The fifty day moving average price for NFLX is $948.3674 and a two-hundred day moving average price translates $783.24554 for the stock.
The latest earnings results from Netflix Inc (NASDAQ: NFLX) was released for 2024-12-31. The net profit margin was 22.41% and return on equity was 38.43% for NFLX. The company reported revenue of $10.25 billion for the quarter, compared to $8.83 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.0 percent.
