Added to YB: 2024-04-29
Pitch date: 2024-04-28
NFLX [bullish]
Netflix, Inc.
+70.23%
current return
Author Info
Long-term Investing is an investment advisor who shares long-term investment ideas in their newsletter. Sign up for the newsletter.
Company Info
Netflix, Inc. provides entertainment services. The company offers television (TV) series, documentaries, feature films, and games across various genres and languages.
Market Cap
$429.9B
Pitch Price
$55.92
Price Target
729.60 (+666%)
Dividend
N/A
EV/EBITDA
32.05
P/E
39.32
EV/Sales
10.09
Sector
Entertainment
Category
growth
Netflix, Inc. - $NFLX
NFLX: Profitable leader in streaming w/ 270M subs, $32B rev. Leverage from fixed costs as revs grow. FCF strong at $7B allows $5B buybacks. Q1 EPS $5.28 vs $4.52 est; Q2 EPS guide $4.68 vs $4.54 est but revs light. Stopping sub disclosure concerning but 25% op margin target. P/FCF 28x, 30% ROE, 20% ROCE. Risks: Slowdown post-COVID & int'l growth w/ lower ARM. Fair value, attractive long-term.
Read full article (20 min)