(NFLX) Netflix stock Forecast & Price Predictions for 2024, 2025–2026 and Beyond | LiteFinance (2024)

As a titan in the streaming industry, Netflix, Inc. (NFLX) has revolutionized how we consume media, evolving from a DVD rental service to a global streaming giant. With its vast content library and continued expansion into original programming, Netflix has been a subject of keen interest in the stock market.

This article will delve into the Netflix stock forecast for 2024, 2025–2026, and beyond, offering a comprehensive technical analysis and trading ideas to help you make an informed investment decision.

Highlights and Key Points: (NFLX) Netflix stock Forecast 2024–2029

• Today, NFLX trades around $697.18.
• Most forecasts for 2024 assume a continuation of the long-term uptrend that began in 2022 and expect the price to rise to $1,093– $1,098.
• CoinPriceForecast analysts offer an optimistic long-term forecast. According to their estimates, the price may reach about $1,751 per share by the end of 2030.
• WalletInvestor provides the most conservative forecast and suggests that the price will fail to rise in the long term. Netflix stock will trade in the $610–650 area, with the risk of no earnings growth.
• The forecast from CoinCodex is the most optimistic. NFLX is expected to soar to $ 3,018by the end of 2030. This assumption could become a reality, provided the company outperforms its competitors and offers engaging content.
• Overall, forecasts remain bullish on Netflix's growth prospects, underpinned by its market dominance, subscriber loyalty, and ongoing content and technology developments. However, realizing the highest targets depends on addressing risks like competition, regulation, and market saturation.
• NFLX stock price performance will be influenced by the US Federal Reserve's interest rate stance. Markets expect the first monetary policy easing in 2024. In addition, broad trends in the S&P 500 index, which is setting new all-time highs this year, will also impact the stock price.

Netflix stock Price Today, in Coming Days and Week

When forecasting Netflix's stock for the coming days and weeks, consider several important factors. Examine Netflix's quarterly earnings reports for details on subscriber growth, revenue, and profit margins, as these metrics are critical indicators of performance. Pay close attention to content releases and their reception, as popular shows and movies can drive subscriber numbers. Monitor competitive actions from other streaming services, which can impact Netflix's market share. Stay updated on broader market trends and economic conditions, as they influence consumer spending. Finally, track market sentiment and analyst ratings, which can provide additional insights into potential stock movements.

Analysts’ (NFLX) Netflix Stock Projections for 2024

Let's take a look at expert forecasts for the NFLX rate in 2024. Most analysts expect an uptrend. However, some experts predict a decline in the rate of NFLX.

CoinPriceForecast

Price range for 2024: $706 – $745 (as for June 5, 2024)

According to CoinPriceForecast, Netflix stock is expected to reflect high volatility in 2024. The stock may soar to $706 by the middle of the year, closing at $745 in December.

WalletInvestor

Price range for 2024: $626.696 – $645.061 (as for June 5, 2024)

Analysts at WalletInvestor offer a conservative forecast for Netflix stock in 2024. The price will likely trade between $627 and $645 during the year, standing at $638 in December.

CoinCodex

Price range for 2024: $380–$690 (as for June 5, 2024)

CoinCodex forecasts a negative outlook on Netflix's share price for 2024. Analysts believe the current uptrend will continue during June-August, and the price will peak at around $690. After that, the decline will begin, and by the end of the year, NFLX will reach $380 per share. Thus, the drawdown will be about 45%.

Netflix Stock Technical Analysis

Let's analyze the daily chart of Netflix shares to understand how the quotes changed over time.

The daily chart displays a long-term uptrend. Key highs and lows are ascending. At the end of May, the price hit above the April high of $637.00, consolidating above this level.

The moving averages EMA 21 and EMA 190 are moving upward, indicating that the price will increase in the short- and long term.

Let's plot the Bulls Power and RSI indicators to the chart and mark key support and resistance levels.

As you can see in the chart above, the Bulls Power indicator is rising in the green zone, pointing to the strength of buyers. The RSI indicator is as close as possible to the overbought area (70–100) but has failed to enter this zone so far. The stock still has growth potential in the long term.

At the end of May 2024, the price was trying to settle above the resistance of $637.00. If the NFLX price pierces this level, it may exceed its all-time high of $696.00 recorded in 2021.

#NFLX Stock Forecast For Next Three Months

To forecast the #NFLX rate for three months, let's apply the Ichimoku indicator to the daily chart. This approach will allow you to identify various trends and potential pivot points.

In late April–early May 2024, the price maintained a downward correction, testing the area of the Ichimoku cloud. After failing to break through the cloud from above, the price began to rise and exceeded the April high of $637.00.

The Tenkan and Kijun lines have turned upward, indicating a short- and medium-term uptrend. A new green cloud has formed to the right of the price, indicating a potential long-term uptrend.

Therefore, long trades on the instrument can be considered for three months. The Tenkan (627.00) and Kijun (596.00) lines are strong support levels at which the trades can be opened. If the price corrects below these lines, the Ichimoku cloud will offer support in the area of $612.00–$596.00.

From a classic horizontal level perspective, support levels were formed at the recent swing lows at $578.00 and $543.00. The $543.00 level is the uptrend's boundary.

In this connection, an alternative bearish scenario assumes that the price may drop below $543.00 and continue declining to the target of $500.00.

Long-Term Netflix Shares Technical Analysis for 2024

For long-term analysis, let's switch to the weekly time frame (W1), determine key levels by marking highs and lows, and apply the Ichimoku indicator.

The weekly chart reveals that the general trend changed to an uptrend in June 2023. The red Ichimoku cloud was breached, and the price consolidated above it. From October 2023, a new upward wave began, lasting until April 2024.

In May 2024, the price reached a new high. If the price consolidates above this level, it may continue to grow with a target at the 2021 high near $696.00.

The Tenkan and Kijun lines of the Ichimoku indicator are moving upward, which indicates short-term uptrends. A green cloud below the price chart confirms the general uptrend. The nearest support level is located at $546.00. If this level is broken through from above, the price will start a correction.

Let's add the Fibonacci retracement to the chart to see what levels the price can correct to.

The next strong support level is at $535.00 (23.6). The 38.2 and 50.0 retracement levels are slightly below at $464.00 and $406.00, respectively. Long trades can be considered at the Fibonacci levels with targets at $637.00 and $696.00. The Tenkan and Kijun lines, as well as the Ichimoku cloud, will act as support.

Therefore, if the price consolidates above $637.00, the growth will likely continue toward $696.00 during the rest of 2024. Breaking above $696.00, the price may soar to $725.00 and $750.00. However, if the price returns below $637.00 and a bearish pattern appears on the chart, a downward correction to $535.00 and $464.00 will begin.

Long-Term Trading Plan for Netflix Inc. (#NFLX)

Over the long term, the Netflix stock price is affected by competition in the streaming industry, the company's ability to attract and retain subscribers, negotiate lucrative content production deals, and introduce innovations to the platform. Thanks to the recent successful launches of TV shows, the company's stock is surging in 2024.

Relying on technical analysis, it is possible to make a long-term trading plan:

• After hitting a low of $162.71 in 2022, the stock's long-term trend has reversed upward. The stock is trading near the $650.00 level thanks to robust growth.
• Technical indicators suggest that the rally will likely continue in the long term. Therefore, it is a good time to consider buying NFLX.
• The next buying target is the 2021 high of 696.00. If the price can consolidate above this level, the next growth targets will be the $725.00 and $750.00 levels.
• Long trades can be opened on the correction from the strong Fibonacci retracement levels of $535.00, $464.00, and $406.00. Ichimoku indicator's Tenkan and Kijun lines will offer support levels at which long positions can also be considered.
• As for the outlook for three months, the price of #NFLX will likely grow with a target of $700.00. Currently, the price is consolidating above the April 2024 high. You can also open long positions on pullbacks to $627.00 and $596.00.

(NFLX) Netflix Stock Forecast for 2025

Let's take a look at expert forecasts for the NFLX rate in 2025. Some analysts expect the stock to trade in a narrow range. However, some experts anticipate a rapid growth.

CoinPriceForecast

Price range in 2025: $743–$1,109 (as for June 5, 2024)

CoinPriceForecast offers a highly optimistic forecast for Netflix stock in 2025. According to the estimates, the price will hit $750 at the beginning of the year. The stock will begin to rise and reach $948 by the middle of 2025. The growth will continue in the remaining half of the year, and NFLX will stand at $1,098 in December.

WalletInvestor

Price range in 2025: $619.580 – $648.698 (as for June 5, 2024)

In 2025, WalletInvestor expects the stock price to range between $619.58 and $648.70. The stock will show its lowest price in September 2025 and its highest price in February. The NFLX will likely close the year near $631.

CoinCodex

Price range in 2025: $842.28–$1,093.13 (as for June 5, 2024)

CoinCodex is optimistic about Netflix's stock price in 2025. The price will start the year at $842 and rise to $1,093 by December. At the same time, high volatility and deep drawdowns are expected during corrections.

Long-Term (NFLX) Netflix Stock Forecast for 2026

Let's take a look at expert forecasts for the NFLX rate in 2026. Most analysts expect the stock to rise in value but are divided on the pace of growth.

CoinPriceForecast

Price range for 2026: $1,123 – $1,124 (as for June 5, 2024)

CoinPriceForecast forecasts Netflix's share price to post gains in 2026. According to the outlook, the price will begin the year at $1,109. By mid-2026, the stock will reach $1,123 and $1,124 by the end of the year. The forecast does not exclude corrections, so investors should choose the right time to buy the asset.

WalletInvestor

Price range for 2026: $612.62 – $641.67 (as for June 5, 2024)

WalletInvestor does not expect any significant upside or downside bias for #NFLX in 2026. The quotes will range between $613 and $642. The monthly highest increase will be 1.87% and the deepest drop will be -3.23%. This forecast assumes flat trading. The stock will close the year near $624.

CoinCodex

Price range for 2026: $1,093.13–$1,442.66 (as for June 5, 2024)

CoinCodex offers the most optimistic outlook for Netflix stock. According to their expectations, the NFLX price will gain around 30%. The stock will begin the year near $1,093.13 and close near $1,442.66 in December. This forecast takes into account current trends and the situation within the company. Notably, changes in the US stock market and US Fed policy may lead to a forecast revision.

Long-Term (NFLX) Netflix Stock Forecast for 2027–2030

Let's take a look at expert forecasts for the NFLX rate in 2027–2030. These estimates reflect the general market sentiment, the actual values can vary greatly depending on market conditions.

CoinPriceForecast

CoinPriceForecast predicts robust growth of #NFLX in the following years until 2030, allowing moderate corrections during a steady uptrend. According to the forecast, investors will benefit from holding Netflix stock in the long term.

WalletInvestor

Analysts at WalletInvestor suggest that Netflix's stock price will not exceed $645 until 2030. According to the forecast, the Netflix shares will trade within a narrow range, bringing almost no profit to investors. However, a slight drop in the rate is not excluded. At the end of 2028, the stock could stand at $608.46. This analysis excludes high volatility and assumes sideways trading.

CoinCodex

Experts at CoinCodex predict that Netflix's share price will appreciate at an average annual rate of 86.4% during 2027–2030. Hence, it is expected that 2027 will open near $1,380.69. In 2030, the NFLX share price will be around $3,018.13. This is a very optimistic forecast that does not take into account internal and the US stock market risks. Nevertheless, a long-term uptrend is projected.

Recent Price History of the (NFLX) Netflix stock

In 2021, Netflix continued to expand and grow, driven by an increase in global subscribers and a broadening of its content library. The year was marked by a buoyant stock performance trend, reflecting the company's robust business model and ability to capitalize on the increasing demand for streaming content. Moving into 2022, Netflix's stock experienced more pronounced fluctuations. The company's growth rate showed signs of slowing, attributed to market saturation and heightened competition from new and existing streaming services.

As of the latest data in 2023, Netflix's stock appears to be stabilizing and showing signs of recovery. The company has been making strategic moves to diversify its revenue streams, including venturing into gaming and implementing measures to optimize its subscription model.

Throughout these years, the trajectory of Netflix's stock has reflected its operational successes and challenges, market trends, and the evolving landscape of the entertainment industry. Despite the ups and downs, Netflix continues to be a leading force in the streaming world, adapting and innovating to meet viewers' changing needs and preferences worldwide.

Which Factors Impact (NFLX) Netflix stock Forecast?

When considering the Netflix stock forecast, several key factors come into play, influencing both the short-term volatility and long-term value of NFLX stock.

• Market Trends and Consumer Behavior: Changes in consumer behavior, such as reduced screen time or shifts towards alternative entertainment forms, can impact the demand and, subsequently, the stock price.
• Competition: The streaming industry is fiercely competitive, with numerous players vying for market share. The entry of new competitors or the aggressive strategies of existing ones like Amazon Prime, Disney+, and HBO can affect Netflix's market dominance and stock forecast.
• Content Quality and Production: Netflix's ability to produce and secure high-quality content is a significant driver of its stock price. Hits series and movies can lead to subscriber growth and retention, positively impacting the stock. Conversely, a lackluster content slate can lead to subscriber churn and a negative outlook for the Netflix stock forecast.
• Regulatory Changes: Regulatory environments across different countries can influence Netflix's operations and profitability. Changes in censorship laws, content distribution regulations, or competitive practices can pose challenges or opportunities for Netflix, affecting its stock forecast.
• Financial Performance: The company's financial health, including revenue growth, profit margins, and subscriber numbers, is a critical factor. A strong financial performance can lead to a positive Netflix stock forecast, while any signs of weakness might lead to a downward revision in the stock price forecast.
• Technological Advancements: Content delivery and user experience innovation can significantly impact Netflix's market position and stock.
• Global Expansion and Market Penetration: Netflix's ability to expand into new markets and increase its subscriber base internationally is a vital factor for its stock price. Success in global markets can lead to higher stock prices, while setbacks or saturation in key markets might dampen the forecast.

Is It Worth Investing in NetflixStock?

Netflix is a good investment, considering the stock's performance over the past two years. Technically, the stock is trading in a long-term uptrend and is approaching the all-time high of $700.00. If the price consolidates above this level, the next long-term targets are $725.00 and $750.00. Further growth is also possible, but here, it is necessary to analyze the entire US stock market and the streaming platforms industry.

According to most forecasts, streaming services will continue to develop. If viewers are attracted by new content, Netflix can increase its subscriber base, boosting its share price. At the same time, there is a risk that new ideas will be exhausted and that popular series will be discontinued. However, its key advantages are the company's industry leadership, brand strength, and regular content updates. In addition, entering new markets and adapting to consumer preferences help the company respond quickly to changes in the streaming services industry.

NFLX stock is an attractive investment with moderate risk and long-term growth potential.

Price chart of NFLX in real time mode

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