Netflix Stock Forecast: The Expansion To Video Games Can Boost NFLX to $600

July 22, 2021

motek 1The Netflix stock forecast was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary

  • My July 2020 take-your-profits recommendation for Netflix was correct. Netflix’s stock is now trading below $515.
  • Going forward, the recent announcement that Netflix is expanding to video games convinced me this stock is worth buying again.
  • In-app purchases from Netflix-developed mobile games can offset the big slowdown in subscriber growth.
  • Bundling free-to-play mobile games with subscription plans help Netflix retains the loyalty of its 208 million subscribers.
  • Netflix will likely maintain its $17 billion/year on producing original TV shows and movies. However, it will also allocate a few billion to game development.

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Netflix Stock Prediction: Algorithmic Analysis

April 19, 2015

I Know First was correctly able to predict the rise of Netflix’s stock price since the last earnings report. In this forecast from January 15th, 2015, Netflix was included as one of the top 10 tech stocks to buy in the three month time horizon. The company had a signal strength of 38.73 and a predictability indicator of 0.3. In accordance with the algorithm’s prediction, the stock price increased 46.64% since that time.

netflix stock prediction

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