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Netflix Increases Buybacks: Can It Complete A Reversal In 2023? 

Key Points

  • Netflix is down following the Q1 results but the odds of a complete reversal in 2023 are growing. 
  • Mixed results and near-term headwinds are offset by an expectation for improvement in the 2nd half. 
  • Regardless, cash flow is robust and share repurchases are expected to increase. 
  • MarketBeat previews the top five stocks to own by February 1st.

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Thomas Hughes
About The Author

Thomas Hughes

Contributing Author

Technical and Fundamental Analysis

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Companies Mentioned in This Article

CompanyMarketRank™Current PricePrice ChangeDividend YieldP/E RatioConsensus RatingConsensus Price Target
Netflix (NFLX)
4.4717 of 5 stars
$869.68+1.3%N/A49.22Moderate Buy$845.06
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