Netflix Stock Price 2008 | StatMuse Money (2024)

FAQs

What if you invested $1,000 in Netflix 10 years ago? ›

So, if you had invested in Netflix ten years ago, you're likely feeling pretty good about your investment today. A $1000 investment made in March 2014 would be worth $9,728.72, or a gain of 872.87%, as of March 4, 2024, according to our calculations. This return excludes dividends but includes price appreciation.

The closing price for Netflix (NFLX) in 2008 was $4.27, on December 31, 2008. It was up 12.5% for the year. The latest price is $630.50.

Not long ago, Netflix (NASDAQ: NFLX) had investors very worried. Revenue and membership growth decelerated rapidly in 2022 and eventually hit low-single-digit levels. Also weighed down by a sell-off in tech stocks, the stock cratered, falling more than 50% in 2022.

The latest closing stock price for Netflix as of April 04, 2024 is 617.14. The all-time high Netflix stock closing price was 691.69 on November 17, 2021.

A more reasonable, yet consistently market-beating, estimate suggests Netflix could reach a $564 million market cap by 2030 and $1 trillion in 2035.

However, as noted, things have turned south since then. Check out the above chart and you'll see that if you invested $1,000 in NFLX stock 20 years ago – and did not sell at the peak – today you would be sitting on not quite $139,000. That's still a terrific return, of course.

Wall Street expects Netflix will continue increasing prices throughout 2024.

Netflix has a market cap or net worth of $262.75 billion as of April 15, 2024. Its market cap has increased by 72.34% in one year.

The streaming giant said it expects healthy double-digit revenue growth for full-year 2024, as it continues to add members and invest in its advertising business.

Is Netflix in debt? ›

Total debt on the balance sheet as of December 2023 : $14.54 B. According to Netflix's latest financial reports the company's total debt is $14.54 B. A company's total debt is the sum of all current and non-current debts.

NFLX Analyst Recommendation Trends

In the current month, NFLX has received 51 Buy Ratings, 23 Hold Ratings, and 1 Sell Ratings. NFLX average Analyst price target in the past 3 months is $598.98.

Netflix Inc.'s market capitalization is $269.18 B by 432.76 M shares outstanding. Is Netflix stock a Buy, Sell or Hold? Netflix stock has received a consensus rating of buy. The average rating score is Baa2 and is based on 64 buy ratings, 24 hold ratings, and 8 sell ratings.

Netflix has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 22 buy ratings, 12 hold ratings, and 1 sell rating.

Following the announcement, the company's stock shot up more than 6 percent. If you had invested in Netflix in 2007, when it first began its streaming service, that investment could have paid off big time: A $1,000 investment would be worth more than $90,000 as of Jan. 15, according to CNBC calculations.

Netflix posted its first profit in 2003, earning $6.5 million on revenues of $272 million; by 2004, profit had increased to $49 million on over $500 million in revenues. In 2005, 35,000 different films were available, and Netflix shipped 1 million DVDs out every day.

Netflix first became profitable in 2003, when the streaming giant earned $6.5 million on a reported revenue of $272.24 million. This was a major milestone for the company, which had been founded only six years prior and had yet to generate any profits ($20.95 million net loss the year prior).