Netflix (NASDAQ:NFLX) Stock Upgrade by Seaport Global
NetflixNetflix(US:NFLX) Financial Modeling Prep·2025-10-07 04:00

Core Viewpoint - Seaport Global upgraded Netflix to a "Buy" rating, reflecting strong investor confidence and a positive outlook on the company's long-term potential [1][5]. Company Performance - Netflix's stock price is currently at $1,163.31, having increased by approximately 0.87%, or $9.99, after ending a five-day losing streak [2][5]. - The stock experienced fluctuations during trading, with a low of $1,145.68 and a high of $1,163.58, indicating typical market volatility for a high-profile company like Netflix [3]. Market Position - Netflix's market capitalization is approximately $494.32 billion, underscoring its significant presence in the entertainment sector [4][5]. - The trading volume for Netflix shares today is 2,913,897 on the NASDAQ exchange, demonstrating active investor interest [4]. Industry Context - The company competes with major streaming services such as Amazon Prime Video, Disney+, and Hulu, highlighting the competitive landscape of the streaming industry [1]. - Over the past year, Netflix's stock has seen a high of $1,341.15 and a low of $677.88, reflecting the dynamic nature of the streaming market [3].

Netflix (NASDAQ:NFLX) Stock Upgrade by Seaport Global - Reportify