Netflix Stock Forecast – Quick Win: 47.85% Gain In 3 Months

Netflix Stock Forecast

Netflix Inc. (NFLX) was a top stock pick based on predictive algorithm recommended to I Know First subscribers on January 14th for the 3 month time horizon. NFLX had a signal of 44.27 and a predictability of 0.3. In accordance with the algorithm, the company reported short-term capital gains of 47.85%.

Netflix Inc. was part of the stock forecast that can be found in the “Top 10 Stocks” Package.

The full Top 10 Stocks forecast includes a daily prediction for a total of 20 stocks with bullish and bearish signals:

  • top ten aggressive stocks picks that best fit for long position
  • top ten aggressive stocks picks that best fit for short position
  • top ten conservative stocks picks that best fit for long position
  • top ten conservative stocks picks that best fit for short position

Quick win

Netflix Inc.  is a provider of on demand Internet streaming media. It’s a service available to viewers in all of North America (including Cuba), South America, Australia, New Zealand and parts of Europe (Denmark, Ireland, The Netherlands, Norway, Sweden, Finland, United Kingdom, France, Switzerland, Austria, Belgium, Luxembourg and Germany), and of flat rate DVD-by-mail in the United States.

Even if Netflix actually loses money because of its high costs, our self-learning algorithm published a bullish forecast concerning the firm: we believed that the startup costs would decline over the next few years. On January 9th and on January 21st, we published two articles on Seeking Alpha about the firm, explaining why we believed in this stock. Since the first one, the stock rose by 41,47%. Since the second one, it rose by 37.65%.

Also, Netflix posted on Twitter a strong indicator on April 7th: they just surpassed 10 billion hours watched on Netflix, which is 150% more than two years ago. Besides that, its base of subscribers rose only by 69%, which means that the average user is streaming a lot more Netflix content than before. It’s quality of service has improved, and using Netflix is much more a reflex for the user than before.

Stay tuned on IKnowFirst to know the latest news on Netflix: we will publish a special article on April 16th that will talk about it’s quarterly earnings (that were published today). We will explain the reasons of this big success.

Before making any trading decisions, consult the latest forecast as the algorithm constantly updates predictions daily. While the algorithm can be used for intra-day trading the predictability tends to become stronger with forecasts over longer time-horizons such as the 1-month, 3-month and 1-year forecasts.

Missed the latest trend? Looking for the next best market opportunity? Find out today’s stock forecast based on our advanced self-learning algorithm