Netflix (NFLX)

Financial Performance

Netflix's revenue of $9.8B, up by 3.1% from the previous quarter and up by 11.2% year over year indicates a strong financial performance. The gross profit was $4.7B, showing an increase of 8.1% from the previous quarter and up by 33.5% year over year which is impressive as well.

The operating income profit was $2.9B, increasing by a significant margin of 13.2% from the previous quarter and almost doubling with a rise of 94.5% YoY.

The EBITDA ratio at 0.68 shows that Netflix has high operational efficiency.

Stock Price

The current stock price is at $881.05 with a slight dip in last month's performance (-4%). However, considering the RSI value at around mid-range (39) suggests neither overbought nor oversold conditions.

The stock's long-term trend seems to be bullish as it is trading above its 200-day moving average ($703). The PE ratio stands at approximately fifty indicating that investors are willing to pay high amounts for each dollar of earnings due to expected future growth.

Alternative Data Signals

Traffic on Netflix's site has increased both MoM (6%) and YoY (13%), suggesting growing interest in their service offerings among consumers online.

A massive surge in app downloads also signifies increasing popularity and user base expansion for Netflix’s mobile platform.

Despite minor fluctuations, job openings show an upward trend while employee outlook remains positive which reflects positively on internal company health.
Their social media presence across platforms such as Twitter, Instagram, TikTok and Facebook is growing which indicates a strong brand image and outreach.

Conclusion

Despite short-term stock price volatility, Netflix's overall financial performance, consistent growth in user base (indicated by web traffic and app downloads), positive employee outlook and robust social media presence make the long-term outlook for the stock bullish.

Note: This AI Stock Analysis is based on data as of January 04. Our members can refresh and get access to an up-to-date AI stock analysis.

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Based on a combination of financial analysis, technical indicators, and insights from alternative data, we predict that the stock price of Netflix (NFLX), currently trading at $859.1, will... Sign up to access price prediction.

Disclaimer:
This prediction is provided for informational purposes only and does not constitute financial advice. Market conditions are subject to change, and past performance is not indicative of future results. Please conduct your own research or consult a professional before making investment decisions.