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NFLX
Stock ticker: NASDAQ
AS OF
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Price
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Capitalization
166.96B

NFLX Price Prediction, Netflix AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for NFLX with price predictions
08:00 PM EDT Oct 02, 2023

NFLX's Indicator enters downward trend

The Aroon Indicator for NFLX entered a downward trend on October 03, 2023. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 159 similar instances where the Aroon Indicator formed such a pattern. In of the 159 cases the stock moved lower. This puts the odds of a downward move at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 13, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on NFLX as a result. In of 84 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for NFLX turned negative on September 13, 2023. 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 48 similar instances when the indicator turned negative. In of the 48 cases the stock turned lower in the days that followed. This puts the odds of success at .

NFLX moved below its 50-day moving average on September 13, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for NFLX crossed bearishly below the 50-day moving average on September 18, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In 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 .

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 of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The RSI Indicator entered the oversold zone -- be on the watch for NFLX's price rising or consolidating in the future. That's also the time to consider buying the stock or exploring call options.

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 3-day Advance, the price is estimated to grow further. Considering data from situations where NFLX advanced for three days, in of 312 cases, the price rose further within the following month. The odds of a continued upward trend are .

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)

Fear & Greed

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding 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 SMR rating for this company is (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 Price Growth Rating for this company is (best 1 - 100 worst), indicating steady 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 Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly 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 (7.380) is normal, around the industry mean (4.611). P/E Ratio (40.486) is within average values for comparable stocks, (77.399). Projected Growth (PEG Ratio) (1.399) is also within normal values, averaging (1.724). Dividend Yield (0.000) settles around the average of (0.061) among similar stocks. P/S Ratio (5.345) is also within normal values, averaging (111.297).

The Tickeron Profit vs. Risk Rating rating for this company is (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 89, placing this stock worse than average.

A.I. Advisor
published Earnings

NFLX is expected to report earnings to rise 6.99% to $3.52 per share on October 18

Netflix NFLX Stock Earnings Reports
Q3'23
Est.
$3.52
Q2'23
Beat
by $0.45
Q1'23
Beat
by $0.02
Q4'22
Missed
by $0.47
Q3'22
Beat
by $0.96
The last earnings report on July 19 showed earnings per share of $3.29, beating the estimate of $2.84. With 8.43M shares outstanding, the current market capitalization sits at 166.96B.
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Netflix (NASDAQ:NFLX), Walt Disney Company (The) (NYSE:DIS), Roku (NASDAQ:ROKU), Paramount Global (NASDAQ:PARA), iQIYI (NASDAQ:IQ), AMC Entertainment Holdings (NYSE:AMC), HUYA (NYSE:HUYA).

Industry description

Movies/entertainment industry include companies that produce and distribute motion pictures, and companies that operate general entertainment facilities like amusement parks and bowling centers. Some companies in this industry also have professional sports franchises. Live Nation Entertainment, Inc., Liberty Media Corp. and Viacom Inc. are some of the biggest companies in this space.

Market Cap

The average market capitalization across the Movies/Entertainment Industry is 6.76B. The market cap for tickers in the group ranges from 134 to 166.96B. NFLX holds the highest valuation in this group at 166.96B. The lowest valued company is LRDG at 134.

High and low price notable news

The average weekly price growth across all stocks in the Movies/Entertainment Industry was -1%. For the same Industry, the average monthly price growth was -4%, and the average quarterly price growth was -19%. CAPV experienced the highest price growth at 23%, while AMFL experienced the biggest fall at -41%.

Volume

The average weekly volume growth across all stocks in the Movies/Entertainment Industry was -17%. For the same stocks of the Industry, the average monthly volume growth was -27% and the average quarterly volume growth was 63%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 61
Price Growth Rating: 65
SMR Rating: 84
Profit Risk Rating: 89
Seasonality Score: 22 (-100 ... +100)
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A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of online movie rental subscription services

Industry MoviesEntertainment

Profile
Fundamentals
Details
Industry
Cable Or Satellite TV
Address
121 Albright Way
Phone
+1 408 540-3700
Employees
12800
Web
https://www.netflix.com
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NFLX and

Correlation & Price change

A.I.dvisor indicates that over the last year, NFLX has been loosely correlated with NWSA. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if NFLX jumps, then NWSA could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To NFLX
1D Price
Change %
NFLX100%
-0.94%
NWSA - NFLX
51%
Loosely correlated
-2.88%
NWS - NFLX
51%
Loosely correlated
-3.17%
DIS - NFLX
47%
Loosely correlated
-2.61%
ROKU - NFLX
45%
Loosely correlated
-2.62%
WBD - NFLX
38%
Loosely correlated
-1.47%
More