Netflix with ticker code (NFLX) now have 39 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The target price ranges between 735 and 157 calculating the mean target price we have 256.23. Given that the stocks previous close was at 220.65 this is indicating there is a potential upside of 16.1%. The 50 day moving average now sits at 212.3 and the 200 moving average now moves to 348.24. The market capitalisation for the company is $99,418m. Visit the company website at: https://www.netflix.com
The potential market cap would be $115,450m based on the market concensus.
Netflix provides entertainment services. It offers TV series, documentaries, feature films, and mobile games across various genres and languages. The company provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, television set-top boxes, and mobile devices. It also provides DVDs-by-mail membership services in the United States. The company has approximately 222 million paid members in 190 countries. Netflix was incorporated in 1997 and is headquartered in Los Gatos, California.
