Netflix, Inc. (NFLX): Were Hedge Funds Right About This Stock? (2024)

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Netflix, Inc. (NFLX): Were Hedge Funds Right About This Stock? (2024)

FAQs

What is the fair value of Netflix stock? ›

As of 2024-04-29, the Fair Value of Netflix Inc (NFLX) is 371.74 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 561.23 USD, the upside of Netflix Inc is -33.8%.

Is Netflix stock overvalued today? ›

Fair Value Estimate for Netflix Stock

With its 2-star rating, we believe Netflix's stock is overvalued compared with our long-term fair value estimate of $440, which implies a multiple of 24 times our 2024 earnings per share forecast.

What is the intrinsic value of nflx? ›

As of 2024-04-16, Netflix Inc's intrinsic value as calculated by the Discounted Earnings model is $375.31. It's currently trading at a price of $607.15. Therefore, the margin of safety based on the DCF model is -61.77%. The company is modestly overvalued.

What does a hedge fund company do? ›

Hedge funds pool investors' money and invest the money in an effort to make a positive return. Hedge funds typically have more flexible investment strategies than, for example, mutual funds.

What stock owns Netflix? ›

Who owns the most shares of Netflix (NFLX)? Vanguard owns the most shares of Netflix (NFLX).

Is Netflix a good or bad stock? ›

Based on 36 Wall Street analysts offering 12 month price targets for Netflix in the last 3 months. The average price target is $657.61 with a high forecast of $800.00 and a low forecast of $440.00. The average price target represents a 17.54% change from the last price of $559.49.

Is Netflix a good stock to invest in right now? ›

Netflix's stock is on the mend already. It trades below its four-year average price to sales (P/S) ratio, but the buying window may be about to close. Meanwhile, Roku's stock trades more than 85% below the all-time highs of 2021.

Is Netflix a safe stock? ›

Netflix stock has an IBD Relative Strength Rating of 92 out of 99. The rating shows how a stock's price performance stacks up against all other stocks over the last 52 weeks.

Who is the main investor in Netflix? ›

As of February 2024, it had about 441,537,000 outstanding shares, which are owned by a mix of institutional and insider shareholders. Netflix's largest insider shareholders are Reed Hastings and Leslie J. Kilgore. The company's largest institutional shareholders are the Vanguard Group and BlackRock.

How many shares does nflx have? ›

According to Netflix's latest financial reports and stock price the company's current number of shares outstanding is 435,923,000. At the end of 2023 the company had 435,923,000 shares outstanding. The number of outstanding shares is usually impacted by stock plits and shares buy back.

Is hedge fund real money? ›

A hedge fund is a limited partnership of private investors whose money is pooled and managed by professional fund managers. These managers use a wide range of strategies, including leverage (borrowed money) and the trading of non-traditional assets, to earn above-average investment returns.

Are hedge funds good or bad? ›

Key Takeaways

Hedge funds employ complex investing strategies that can include the use of leverage, derivatives, or alternative asset classes in order to boost return. However, hedge funds also come with high fee structures and can be more opaque and risky than traditional investments.

Are hedge funds legal? ›

Are Hedge Funds Legal? Yes, they are legal. That is, if they are doing the right thing. The usual problems that present are insider trading and market manipulation.

Is Netflix overvalued or undervalued? ›

The stock seems fairly valued at the moment according to our valuation model. It's trading around 1.36% above our intrinsic value, which means if you buy Netflix today, you'd be paying a relatively fair price for it.

Is Netflix stock gonna go up? ›

NFLX stock price targets for 2022 and beyond

An analysis of 31 Wall Street analysts compiled by TipRanks, as of 27 October, revealed their average Netflix share price forecast target was $284.20.

Why is Netflix PE ratio so high? ›

With its earnings growth in positive territory compared to the declining earnings of most other companies, Netflix has been doing quite well of late. The P/E is probably high because investors think the company will continue to navigate the broader market headwinds better than most.

Is Netflix a good stock to buy in 2024? ›

In addition, Netflix earned $5.28 per share in 2024's first quarter, versus Wall Street's call for $4.51 per share. So, there's nothing objectionable in the company's actual results. Looking at the current quarter, Netflix guided for $9.49 billion in revenue, up 16% YOY.

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