Although it faces considerably tougher competition now, Netflix remains the undisputed leader in streaming. The company began more than 20 years ago as a mail-order DVD rental service and has since entirely changed its business strategy to keep up with the rapidly evolving IT industry.
Consequently, the business today counts more than 220 million users globally. With its Netflix Originals program, it also establishes itself as one of the biggest media publishers in the world.
Moreover, Netflix has its own stock, listed on Nasdaq (NFLX).
What is Netflix (NFLX) Stock?
Many of you may be familiar with Netflix. Netflix is the largest movie and tv show streaming provider in the world.
Netflix is available on smart TVs and smartphones, providing Android and iOS users with their app. The company now counts over 221 million subscribers worldwide.
History
The Netflix company started off in 1997 as a pioneer in renting DVDs by mail. They had a unique concept of charging people every month a flat fee instead of charging for each DVD order. The company had over 4 million DVD by mail subscribers within eight years.
In 2007, Netflix announced to its subscribers that they would add the possibility to stream movies and TV shows directly to their personal computers. Not long after that, Netflix spread wider and quickly became available on Xbox, Apple, TVs, smartphones, and tablets.
Today, Netflix has become the most popular movie and TV show streamer in the world, with hundreds of millions of subscribers worldwide.
Currency Prediction Netflix (NFLX) Stock Price Prediction
After some research on the market and on the Netflix stock’s past price history, we at Currency Prediction came up with our own prediction for the stock.
Currency Prediction Netflix (NFLX) Stock Price Prediction 2022
Currently, Netflix stock is trading at $224.90. However, we expect this price to increase even more by the end of the year. We at Currency Prediction predict that NFLX might reach a maximum price of $324.33 by the end of this year. If the market goes through a crash, the stock might reach a minimum of $289.43 and an average of $314.85.
Currency Prediction Netflix (NFLX) Stock Price Prediction 2023
2023 might start off on a good note for Netflix stock (NFLX). We are bullish on the NFLX’s price and expect that by the end of 2023, the stock can reach a maximum price of $684.43, a minimum of $530.78, and an average price of $657.23.
Currency Prediction Netflix (NFLX) Stock Price Prediction 2024
Because of the stock’s potential and previous price history, we expect that the stock might increase further in 2024. By this year, we predict that NFLX might reach a maximum price of $979.42 and an average trading price of $954.26.
Currency Prediction Netflix (NFLX) Stock Price Prediction 2025
The stock market is constantly changing, and stock prices are increasing daily. We at Currency Prediction suggest that by the end of 2025, Netflix stock might reach a maximum trading price of around $1,488.75 and an average of $1,372.43.
Currency Prediction Netflix (NFLX) Stock Price Prediction 2026
We are going to end this five-year price prediction for Netflix stock on a good note as we expect the stock to increase even more this year. Moreover, by the end of 2026, Netflix stock might reach a maximum of $1,912.82, a minimum of $1,324.21, and an average trading price of $1,825.92.
Netflix (NFLX) Stock Market Price Prediction
Even the experts in the market predict that Netflix might increase significantly in the future. Here is what some of them have to say.
Wallet Investor
Experts at Wallet Investor predict that Netflix stock might increase in the future. By 2023 they predict that the stock can have a 14.6% increase and reach a price of $257.73. Even though they do not expect a significant increase in the next five years, at least they are still bullish on the stock’s price. Furthermore, by 2025 they expect the stock to reach $315.08, and by the end of 2027, a rise of 65.4% and reach $371.98.
Trading Education
Trading Education experts are more bullish on the stock’s price and predict the following for Netflix stock.
By the end of this year, they expect that NFLX might reach a maximum of $596. By 2025, the stock’s price might reach a maximum of $918, and by the end of the decade, in 2023, NFLX could trade at a maximum of $2261, a minimum of $2050, and an average of $2133.
How To Buy Netflix (NFLX) Stock?
We will show you how to buy Netflix stock in three simple steps.
Step 1: Open A Brokerage Account
In order to buy any kind of stock, the first step you need to take is to open a brokerage account.
The Netflix stock is listed in many brokerages; therefore, you will find it easy to find the best one. Choose your brokerage based on their user-friendliness and brokerage fees.
After you choose the brokerage, open an account using your information.
Step 2: Fund Your Account
After you open your brokerage account, the second step is to fund your account.
Each brokerage has its own set of how you can deposit your funds, so make sure you read them carefully and choose the best option.
Step 3: Buy NFLX Stock
Finally, the third and final step is to buy your NFLX Stock.
Enter the number of shares you want to buy, and press BUY.
Frequently Asked Questions (FAQs)
Is NFLX a good investment?
Netflix stock is considered to be a good investment for the long term. However, this is not financial advice, and we advise you to conduct your own research on the stock before investing in anything.
How much will NFLX be worth in 2025?
According to our prediction on the stock, we predict that NFLX might trade at around $1,488.75 by the end of 2025.
Will Netflix stock reach $500?
Yes, Netflix has the potential to reach $500. We expect the stock to reach $500 and even exceed it by the end of 2023.
Takeaways
- Netflix remains the undisputed leader in streaming.
- Netflix is available on smart TVs and smartphones, providing Android and iOS users with their app.
- The Netflix company started off in 1997 as a pioneer in renting DVDs by mail.
- In 2007, Netflix announced to its subscribers that they would add the possibility to stream movies and TV shows directly to their personal computers.
- By the end of 2023, Netflix stock might reach $684.43.
