Do Analysts Expect Netflix Inc (NFLX) Stock to Rise After It Has Gained 5.64% in a Month?

Wall Street is positive on Netflix Inc (NFLX). On average, analysts give Netflix Inc a Buy rating. The average price target is $588.764, which means analysts expect the stock to decline by -5.16% over the next twelve months. That average ranking earns Netflix Inc an Analyst Rating of 36, which is better than 36% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating NFLX a Buy today. Find out what this means to you and get the rest of the rankings on NFLX!

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Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Netflix Inc Stock Today?

Netflix Inc (NFLX) stock is down -1.34% while the S&P 500 is up 0.27% as of 11:07 AM on Wednesday, Mar 27. NFLX is down -$8.46 from the previous closing price of $629.24 on volume of 708,870 shares. Over the past year the S&P 500 has risen 31.39% while NFLX is up 91.88%. NFLX earned $12.03 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 51.48. Click Here to get the full Stock Report for Netflix Inc stock.