Several research analysts from Piper Sandler have already provided estimates into the FY2023 earnings of NFLX in a 1st April research report. One of the analysts covering the firm, T. Champion has already forecasted that the company would be putting up an EPS of $16.31 for the current year. Currently, the rating of overweight has been set up on Netflix with a price target of $605.
The Stock Commentary of NFLX
There have been quite a few research equities that have commented on the stocks of NFLX. Rosenblatt Securities has already increased its price target of the company from $425 to $450 with a rating of neutral in a 20th January research report. DZ Bank has also put up a rating of buy on the company with a $650 price target in a 21st January research report. BMO Capital Markets reiterated a rating of buy with a price target of $700 in a 15th March research note. Truist Securities has also increased the price target on the company from $560 to $630 in a 20th January research report.
Four of the investment analysts have already issued a rating of sell on the company while eight of the analysts covering NFLX have given it a rating of hold. Twenty-five other analysts have issued a rating of buy on the company. Currently, the company has a buy rating with a $585.35 price target.
The stocks of NFLX traded on Friday at $539.42. The market cap of the firm has been set at $238.91 billion with a PE ratio of about 87. The PEG ratio of the company is 1.86, with a 0.9 beta. The current ratio of the company is 1.24, with a 1.24 quick ratio, with a 1.50 debt-to-equity ratio. The moving average of the company over a period of 50 days is $528.95, with a moving average of the company over a period of 200 days is $514.96.