Skip to Content

Netflix Inc NFLX Stock Quote

| Rating as of

Morningstar‘s Stock Analysis NFLX

Valuation
Currency in USD
Is it the right time to buy or sell?
Is it the right time to buy or sell?

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Netflix Reports Lower-Than-Expected Sub Losses; U.S. Sub Losses Projected To Continue Through 2022

Neil Macker, CFA Senior Equity Analyst

Analyst Note

| Neil Macker, CFA |

Netflix posted its second streaming subscriber net loss ever in the second quarter, although net losses of 0.9 million came in well ahead of the guidance of 2.0 million losses. Management expects to gain a million subscribers in the third quarter, well below our previous projection. The firm plans to trial its ad-supported model in early 2023 in a few key markets. We still don’t believe these plans are likely to show up in the U.S. in the near term as we think that the lower-priced offerings will be first introduced in smaller markets much like the password-sharing plans are be trialed in South America. We retain our $280 fair value estimate.

Unlock Our Full Analysis With Morningstar Investor

Key Statistics NFLX

Company Profile NFLX

Business Description

Netflix's primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.

Contact
100 Winchester Circle
Los Gatos, CA, 95032
T +1 408 540-3700
Industry Entertainment
Most Recent Earnings Jun 30, 2022
Fiscal Year End Dec 31, 2022
Stock Type Aggressive Growth
Employees 11,300

Related News NFLX