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 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
Employees: 14,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
319% more first-time investments, than exits
New positions opened: 453 | Existing positions closed: 108
56% more funds holding in top 10
Funds holding in top 10: 110 [Q3] → 172 (+62) [Q4]
25% more capital invested
Capital invested by funds: $252B [Q3] → $314B (+$61.8B) [Q4]
8% more funds holding
Funds holding: 2,704 [Q3] → 2,909 (+205) [Q4]
8% more repeat investments, than reductions
Existing positions increased: 1,078 | Existing positions reduced: 999
2.34% less ownership
Funds ownership: 84.28% [Q3] → 81.94% (-2.34%) [Q4]
30% less call options, than puts
Call options by funds: $14.9B | Put options by funds: $21.2B
Research analyst outlook
24 Wall Street Analysts provided 1 year price targets over the past 3 months
24 analyst ratings
Wolfe Research Peter Supino 60% 1-year accuracy 3 / 5 met price target | 10%upside $1,100 | Outperform Upgraded | 23 Jan 2025 |
UBS John Hodulik 88% 1-year accuracy 15 / 17 met price target | 15%upside $1,150 | Buy Maintained | 22 Jan 2025 |
Goldman Sachs Eric Sheridan 65% 1-year accuracy 33 / 51 met price target | 4%downside $960 | Neutral Maintained | 22 Jan 2025 |
Piper Sandler Matt Farrell 50% 1-year accuracy 9 / 18 met price target | 10%upside $1,100 | Overweight Reiterated | 22 Jan 2025 |
Keybanc Justin Patterson 57% 1-year accuracy 34 / 60 met price target | 10%upside $1,100 | Overweight Maintained | 22 Jan 2025 |
Financial journalist opinion
Based on 122 articles about NFLX published over the past 30 days
