(NFLX) Netflix - Ratings and Ratios

Netflix, Inc. is a global entertainment giant, revolutionizing the way people consume television series, documentaries, feature films, and games across multiple genres and languages. With a presence in approximately 190 countries, the company has become a household name, offering a vast library of content that caters to diverse tastes and preferences. Its streaming service is accessible through a wide range of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices, making it a leader in the over-the-top (OTT) media market.

From a business perspective, Netflix has demonstrated a remarkable ability to adapt and evolve, shifting from a DVD rental service to a streaming giant, and now, to a producer of original content that is highly acclaimed and sought after. This strategic transformation has enabled the company to maintain its competitive edge, attract new subscribers, and increase its revenue. With a strong brand identity and a relentless focus on innovation, Netflix is well-positioned to continue its growth trajectory.

Analyzing the and , we can observe that Netflixs stock has been on a strong uptrend, with the last price at $1207.23, above its SMA20 and SMA50. The stock is also trading above its 200-day moving average, indicating a long-term bullish trend. The ATR is relatively low at 2.44%, suggesting that the stock is not excessively volatile. From a fundamental perspective, Netflixs Market Cap stands at $514.32 billion, with a P/E ratio of 55.86 and a Forward P/E of 47.39, indicating a relatively high valuation. However, the companys RoE of 39.61% is impressive, suggesting strong profitability.

Based on the and , our forecast suggests that Netflixs stock will continue its upward momentum, driven by the companys strong brand, innovative content, and expanding global presence. We anticipate that the stock will test its 52-week high of $1211.57 in the near term. In the long term, we expect Netflix to maintain its leadership position in the OTT market, driving revenue growth and increasing its market share. As a result, we forecast that the stock will reach $1500 in the next 12-18 months, representing a potential upside of 24% from current levels.