Netflix (NFLX, $542.12) gets price target boost from Goldman Sachs, on subscriber addition expectation
Netflix got price target raise from Goldman Sachs analysts, who believe that the streaming behemoth’s second-quarter results will come in "well above guidance" .
Goldman Sachs analysts hiked their price target on Netflix shares from $540 to a Wall Street high $670. The analyst affirmed buy rating on the stock.
According to the Goldman analysts expectations, Netflix will report an addition of at least a net 12.5 million subscribers (vs. consensus estimates of 8.2 million) in the quarter. "While management is likely to guide the third quarter conservatively given the first-half outperformance and the massive uncertainty in the current environment, we believe consensus estimates for the second half and beyond remain too low," Goldman analyst Heath Terry wrote.
For the full year, Goldman projects Netflix to report paid subscriber net additions of 45.6 million (vs. the FactSet consensus estimate of 35.8 million).
According to Tickeron, NFLX's price moved above its 50-day Moving Average on June 15, 2020
This price move indicates a change in the trend, and may be a buy signal for investors. In 30 of 38 cases where NFLX's price crossed above its 50-day Moving Average, its price rose further within the subsequent month. The odds of a continued Uptrend are 79%.
Current price $545.36 is above $441.95 the highest resistance line found by A.I. Throughout the month of 06/08/20 - 07/09/20, the price experienced a +21% Uptrend. During the week of 07/01/20 - 07/09/20, the stock enjoyed a +5% Uptrend growth.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator exceeded the 0 level on June 16, 2020. Traders may consider buying the ticker or exploring call options. In 63 of 85 cases where the ticker's Momentum Indicator exceeded 0, its price rose further within the subsequent month. The odds of a continued Uptrend are 74%.
The Moving Average Convergence Divergence (MACD) just turned positive. Considering data from situations where NFLX's MACD histogram became positive, in 35 of 46 cases, the price rose further within the following month. The odds of a continued Uptrend are 76%.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NFLX advanced for three days, in 214 of 292 cases, the price rose further within the following month. The odds of a continued Uptrend are 73%.
The Aroon Indicator entered an Uptrend today. In 232 of 300 similar cases where NFLX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 77%.
Bearish Trend Analysis
The RSI Indicator has been in the overbought zone for 1 day. Expect a price pull-back in the near future.
The Stochastic Indicator demonstrated that the ticker has stayed in the overbought zone for 4 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The higher Bollinger Band was broken -- a price fall is expected as the ticker heads toward the middle band, which invites the trader to consider selling or shorting the ticker, or exploring put options. In 32 of 51 cases where NFLX's price broke its higher Bollinger Band, its price dropped further during the following month. The odds of a continued Downtrend are 63%.
Fundamental Analysis (Ratings)
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 78%. During the last month, the daily ratio of advancing to declining volumes was 2.13 to 1.
The Tickeron Price Growth Rating for this company is 7 (best 1 - 100 worst), indicating outstanding price growth. NFLX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is 8 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.
The Tickeron SMR rating for this company is 42 (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is 75 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of 93 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: NFLX's P/B Ratio (26.55) is very high in comparison to the industry average of (4.47). P/E Ratio (102.77) is within average values for comparable stocks, (81.45). Projected Growth (PEG Ratio) (1.01) is also within normal values, averaging (0.89). Dividend Yield (0.00) settles around the average of (0.40) among similar stocks. P/S Ratio (7.94) is also within normal values, averaging (143.67).
Contributor
Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.
NFLX in downward trend: 10-day moving average moved below 50-day moving average on September 22, 2026
The 10-day moving average for NFLX crossed bearishly below the 50-day moving average on September 22, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 71%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on September 04, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on NFLX as a result. In 43 of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 55%.
The Moving Average Convergence Divergence Histogram (MACD) for NFLX turned negative on September 04, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 43 similar instances when the indicator turned negative. In 29 of the 43 cases the stock turned lower in the days that followed. This puts the odds of success at 67%.
NFLX moved below its 50-day moving average on September 17, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NFLX declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 71%.
The Aroon Indicator for NFLX entered a downward trend on October 06, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where NFLX's RSI Oscillator exited the oversold zone, 29 of 39 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 74%.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 13 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +2.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where NFLX advanced for three days, in 221 of 307 cases, the price rose further within the following month. The odds of a continued upward trend are 72%.
NFLX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Fundamental Analysis (Ratings)
The Tickeron SMR rating for this company is 21 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is 64 (best 1 - 100 worst), indicating fairly steady price growth. NFLX’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Valuation Rating of 85 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (9.560) is normal, around the industry mean (18.873). P/E Ratio (21.770) is within average values for comparable stocks, (91.420). Projected Growth (PEG Ratio) (1.183) is also within normal values, averaging (3.965). Dividend Yield (0.000) settles around the average of (0.005) among similar stocks. P/S Ratio (6.798) is also within normal values, averaging (2.968).
The Tickeron Profit vs. Risk Rating rating for this company is 91 (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NFLX’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 76, placing this stock worse than average.
The Tickeron PE Growth Rating for this company is 95 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Seasonality Score of 95 (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
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a provider of online movie rental subscription services
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