Key Highlights:
- Netflix (NFLX, Financial) aims to become a $1 trillion company by 2030.
- The stock's average price target suggests a 10.53% upside potential.
- Current analyst consensus rates Netflix as an "Outperform."
Netflix (NFLX) is making headlines as the company's ambitious objectives to achieve a $1 trillion market valuation and double its revenue by 2030 have caught the investment community’s attention. Investors are carefully observing the streaming giant's strategies to meet these formidable goals.
Wall Street Analysts' Price Predictions
According to one-year price targets from 43 analysts, Netflix Inc (NFLX, Financial) has an average target price of $1,079.11. These targets range from a high estimate of $1,494.00 to a low of $644.50. The average target indicates a potential upside of 10.53% from the current trading price of $976.28. For more comprehensive estimates, visit the Netflix Inc (NFLX) Forecast page.
Analyst Recommendations and Performance Metrics
The consensus recommendation from 49 brokerage firms positions Netflix Inc's (NFLX, Financial) average brokerage recommendation at 2.0, which translates to an "Outperform" rating. This rating system ranges from 1, indicating a Strong Buy, to 5, which represents a Sell.
GuruFocus metrics reveal that the estimated GF Value for Netflix Inc (NFLX, Financial) in a one-year horizon stands at $630.23. This suggests a potential downside of 35.45% from the current stock price of $976.28. The GF Value is calculated based on historical trading multiples, past business growth, and projected future business performance. Investors can delve into more details on the Netflix Inc (NFLX) Summary page.
As investors evaluate Netflix's path to a $1 trillion valuation, understanding these metrics and analyst insights provides valuable context for informed investment decisions.
