Monday, October 18, 2021
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Netflix Stock – Netflix Inc (NFLX) to Release Quarter 1 Numbers

What’s Happening with NFLX

Netflix Inc (NFLX) is scheduled to report Quarter 1 numbers after the market close on April 20. Analysts forecast earnings of $0.29 per share for the quarter. During the same period last year the company earned $0.22, and the stock is up 1.1% on the year.

Technical Analysis

NFLX was recently trading at $546.54 down $46.75 from its 12-month high and $152.94 above its 12-month low. InvestorsObserver gives NFLX a 47 long-term technical score and a 63 short-term technical score. The stock has recent support above $538.39 and recent resistance below $552.72. Of the 31 analysts who cover the stock 22 rate it Strong Buy, 2 rate it Buy, 5 rate it Hold, 0 rate it Sell, and 2 rate it Strong Sell, NFLX gets an overall score of 60 from InvestorsObserver.

Analysts’ Thoughts

NFLX has shown annual earnings growth of 76.94% over the last five years, and looking ahead analysts expect the company to grow profits 44.43% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $0.29 EPS. NFLX is currently trading at $546.54 with an average price target of $622.74.

Get full analysis on NFLX

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Netflix Stock – Netflix Inc (NFLX) to Release Quarter 1 Numbers

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