Netflix | NFLX | Long at $83.99
By:TradingView
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Technical Analysis
Health
Insiders
Growth
Action
Targets into 2029
- The stock price for Netflix NFLX briefly touched the top of my selected historical simple moving average. This is often a strong area of support / resistance / algorithmic share accumulation. While economic / WBD acquisition news may push the share price lower in the near-term, potentially closing the open price gap in the low $70's, NFLX and YouTube dominate the streaming services. That's not going to change any time soon. The point is, it's a stock I am comfortable hanging on to.
Health
- Debt-to-equity: 0.6x (healthy)
- Quick ratio / short-term debt: 1.2 (not bad, but slightly lower than ideal)
- Altman's Z-score / long-term debt / bankruptcy risk: 10+ (extremely low risk)
Insiders
- Caution: nothing but selling
Growth
- 62.8% earnings-per-share growth projected between 2026 ($3.17) and 2029 ($5.16)
- 34.2% revenue growth projected between 2026 ($51.2 billion) and 2029 ($68.7 billion)
Action
- While there may be near-term weakness down near $70, I've entered a starter position at $83.99. The "perfect dip" would be down near $74 and then rising (another entry), but the price may test shaky hands - especially with the WBD deal / news.
Targets into 2029
- $107.00 (+27.4%)
- $122.00 (+45.3%)
0
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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