The 38 analysts offering 12-month price forecasts for Netflix, Inc. (NFLX) NSDAQ Inc have a median target of 496.00, with a high estimate of 645.00. Earnings per Share $1.81 with sales of $6.1B, as reported by CNN Money.
NFLX Analyst Ratings- CONSENSUS Strong Buy: Source Nasdaq
Subscribership increased to 15.8 million in the first quarter. Netflix, Inc. (NFLX) NSDAQ has certainly gained more viewers du to stay at home orders and social distancing due to COVID-19. Movie theatres are closed, and people were not going to see films anyway, choosing a more affordable content choice such as Netflix, Inc. (NFLX) NSDAQ. And, in some cases better than recent movies at the box office.
On this very day where we have curfews set in place for most major cities because of protests to the officer charged and arrested in the death of George Floyd in Minnesota. The nation will be glued to TV news , and of course Netflix, Inc. (NFLX) NSDAQ. Besides that, Netflix, Inc. (NFLX) NSDAQ’s global presence is a strong one. It boasts 200 million paying subscribers and content that appeals to all audiences. Netflix, Inc. (NFLX) NSDAQ, Inc. (NFLX) NSDAQ is known to be the most reliable streaming service. It comes in first over Amazon streaming services. We rate this stock a strong buy even at these levels due to a strong cash balance street of 5.15B.
Top Three Institutional Holders
Holder Shares Date Reported % Out Value
Capital Research Global Investors 37,911,773 Mar 30, 2020 8.62% 14,235,870,761
Vanguard Group, Inc. (The) 34,119,980 Mar 30, 2020 7.76% 12,812,052,490
Blackrock Inc. 28,400,154 Mar 30, 2020 6.46% 10,664,257,827
Top Five Mutual Fund Holders
Holder Shares Date Reported % Out Value
Growth Fund Of America Inc 28,784,744 Dec 30, 2019 6.54% 9,313,879,616
Vanguard Total Stock Market Index Fund 12,347,098 Dec 30, 2019 2.81% 3,995,150,499
Vanguard 500 Index Fund 8,755,704 Dec 30, 2019 1.99% 2,833,083,143
Fidelity Contrafund Inc 7,764,807 Jan 30, 2020 1.77% 2,679,557,247
Netflix, Inc. (NFLX) NSDAQ, Inc.is known to be the most reliable streaming service. It comes in first over AmazonAmazon.com, Inc.NASDAQ: AMZN- streaming services. We rate this stock a strong buy even at these levels due to a strong cash balance street of 5.15B.
Our Top Stock are Walmart which is so undervalued and should be trading above $300 and Groupon (NASDAQ:GRPN) with a potential upside $50 by end of the year with strong holiday sales and retail spending. Another company we like is Google Alphabet ( NASDAQ:GOOGL ) with an upside of $2000 and Apple ( NASDQ:AAPL ) with upside of $1000.
NFLX Analyst Ratings- CONSENSUS Strong Buy-Source: https://www.nasdaq.com/market-activity/stocks/nflx/analyst-research
Source : https://money.cnn.com/quote/forecast/forecast.html?symb=nflx
