NetflixNFLX
About: Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
Employees: 13,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
122% more first-time investments, than exits
New positions opened: 255 | Existing positions closed: 115
18% more repeat investments, than reductions
Existing positions increased: 1,098 | Existing positions reduced: 931
6% more funds holding in top 10
Funds holding in top 10: 104 [Q2] → 110 (+6) [Q3]
4% more funds holding
Funds holding: 2,587 [Q2] → 2,693 (+106) [Q3]
1% more capital invested
Capital invested by funds: $249B [Q2] → $252B (+$2.89B) [Q3]
1.42% less ownership
Funds ownership: 85.69% [Q2] → 84.27% (-1.42%) [Q3]
33% less call options, than puts
Call options by funds: $11B | Put options by funds: $16.4B
Research analyst outlook
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
Loop Capital Alan Gould 71% 1-year accuracy 15 / 21 met price target | 8%upside $925 | Hold Maintained | 16 Jan 2025 |
Rosenblatt Barton Crockett 72% 1-year accuracy 39 / 54 met price target | 21%downside $680 | Neutral Maintained | 16 Jan 2025 |
Seaport Global David Joyce 69% 1-year accuracy 9 / 13 met price target | 11%upside $955 | Buy Upgraded | 16 Jan 2025 |
Oppenheimer Jason Helfstein 71% 1-year accuracy 36 / 51 met price target | 21%upside $1,040 | Outperform Maintained | 15 Jan 2025 |
BMO Capital Brian Pitz 75% 1-year accuracy 43 / 57 met price target | 17%upside $1,000 | Outperform Maintained | 15 Jan 2025 |
Financial journalist opinion
Based on 122 articles about NFLX published over the past 30 days
