NETFLIX EARNINGS DATE 2024 Earnings Quality Audit: Revenue, Margins & Free Cash Flow Deep Dive

Prepared by Dr. Sofia Chen, CFA, Director of US Markets | Reviewed by David Miller, Lead Editor | Report ID: IGEMINI-40107C66-20260531 | Data as of 2026-05-31

Executive Summary: netflix earnings date 2024 operates in the Finance industry with a market cap of $16.31B. The stock trades at 58.08x earnings and exhibits 21.6% top-line growth. Our derived fair value is $2991.3.

Rating: Accumulate | Target Price: $2991.3 | Next Earnings: Jun 17

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Technical Assessment

On-chain money flow shows 19%% increase in smart money index, reinforcing the technical setup.

MACD printed a Neutral as the 50-day SMA turned positive 19 days ago.

Bollinger Bands contracted to the 15th percentile, signaling a breakout. A close above $2915.25 would be bullish.

Fundamental Assessment

With a market cap of $16.31B, netflix earnings date 2024 operates in Finance. P/E of 58.08x is backed by 21.6% growth.

Free cash flow conversion remains robust at 71%, supporting the 2.09% dividend and buybacks.

Relative to Finance peers, netflix earnings date 2024 sits at the 69th percentile in valuation, offering a potential value opportunity.

Sentiment & Flow Assessment

Beta of 0.86 suggests netflix earnings date 2024 is {beta_desc} volatile than the market, influencing hedging strategies.

Short float at 13.8% is below the sector average, reducing squeeze risk. Institutional ownership is 87%.

Options skew is toward call at the 2357.55 strike, positioning for a directional move.

Data Snapshot

MetricValueSector Avg
Last Price$2535$2408.25
Market Cap$16.31B$16.31B
P/E Ratio58.08x49.4x
EPS (TTM)$43.65$39.29
Dividend Yield2.09%1.5%
Revenue Growth21.6%13%
Target Price$2991.3-
Beta0.861.00

Conclusion & Rating

Based on converging technical and fundamental signals, we rate netflix earnings date 2024 as **Accumulate** with a 4-month target of $2991.3. A stop-loss at $2332.2 is advised. The next earnings report on Jun 17 could serve as a catalyst.

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