Summary
Netflix shows strong technical indicators with 100% buy signals, a 103.86% gain in the last year, and a Trend Seeker buy signal.
Fundamental factors include a market cap of $390 billion, a P/E ratio of 51.71, and expected revenue growth of 15.30% this year.
Analysts are mixed with 23 strong buys, 14 holds, and price targets ranging from $550 to $1,100, reflecting diverse opinions on future performance.
Despite high valuations, Netflix’s intelligent platform and global reach make it a compelling investment, though competition and market volatility are notable risks.
The Chart of the Day belongs to the streaming entertainment company Netflix . I found the stock by using Barchart’s powerful screening functions to find stocks with the highest technical buy signals, highest Weighted Alpha, superior current momentum and having a Trend Seeker buy signal then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Seeker signaled a buy on 10/21 the stock gained 21.43%.NFLX Price vs Daily Moving Averages:(Click on image to enlarge)
Netflix, Inc. provides entertainment services. It offers TV series, documentaries, feature films, and games across various genres and languages. The company also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices. It has operations in approximately 190 countries. The company was incorporated in 1997 and is headquartered in Los Gatos, California. Barchart’s Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 20 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the Barchart.com website when you read this report.
Barchart Technical Indicators:
Fundamental Factors:
Analysts and Investor Sentiment — I don’t buy stocks because everyone else is buying but I do realize that if major firms and investors are dumping a stock it’s hard to make money swimming against the tide:
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