NFLX
Netflix, Inc.
NFLX has the edge over NMAX overall, supported by stronger valuation and lower modeled downside.
NMAX
Newsmax, Inc.
NMAX's outlook is improving, though it still trails on the overall score.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
NMAX Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Healthy | |
| Stable | |
| Strong |
NMAX's revenue, profitability and balance sheet are currently healthy, and its cash flow is stable.
NFLX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 17x | $62.69 | — |
| Current | 18x | $62.69 | — |
| Cheap | 27x | $94.95 | +51% |
| Fair | 47x | $161 | +157% |
| Expensive | 81x | $281 | +348% |
Historical ranges are pointers, not guarantees.
NFLX's PE is in its cheap range at 18x. If earnings grow as analysts expect, today's price would be 17x next year's earnings.
NMAX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 75x | $7.29 | — |
| Forward | 2,187x | $7.29 | — |
| Cheap | N/A | N/A | N/A |
| Fair | N/A | N/A | N/A |
| Expensive | N/A | N/A | N/A |
Historical ranges are pointers, not guarantees.
NMAX has the edge over NFLX in the historical PE scenario, which offers more potential upside but is not a forecast.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
NFLX has the edge over NMAX on the outlook, with more favorable valuation expectations.
NMAX Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Returning to profit | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect NMAX to return to profit, with revenue growing.
NFLX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.58 | +3.5% |
| Q3 2026 | $3.46 | +45% |
| Q2 2026 | $3.18 | +35% |
| Q1 2026 | $3.10 | +46% |
| Q4 2025 | $2.53 | +28% |
| Q3 2025 | $2.39 | +35% |
| Q2 2025 | $2.35 | +47% |
| Q1 2025 | $2.12 | +47% |
| Q4 2024 | $1.98 | +65% |
NFLX's earnings per share have climbed steadily: $3.46 over the past year, up 45% from the year before, and higher year over year for 12 quarters in a row.
NMAX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.00 | -97% |
| Q3 2026 | $0.10 | +$1.29 |
| Q2 2026 | -$0.05 | +$1.20 |
| Q1 2026 | -$0.66 | +$0.14 |
| Q4 2025 | -$1.13 | +$0.31 |
| Q3 2025 | -$1.19 | +$0.51 |
| Q2 2025 | -$1.25 | +$0.67 |
NMAX has returned to profit: it earned $0.10 per share over the past year, after losing money the year before.
NFLX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $12.9B | +12% |
| Q2 2026 | $12.6B | +13% |
| Q1 2026 | $12.2B | +16% |
| Q4 2025 | $12.1B | +18% |
| Q3 2025 | $11.5B | +17% |
| Q2 2025 | $11.1B | +16% |
| Q1 2025 | $10.5B | +13% |
| Q4 2024 | $10.2B | +16% |
NFLX has the edge over NMAX on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 35% | +6.4 points |
| Q2 2026 | 33% | -0.7 points |
| Q1 2026 | 32% | +0.5 points |
| Q4 2025 | 25% | +2.4 points |
| Q3 2025 | 28% | -1.4 points |
| Q2 2025 | 34% | +6.8 points |
| Q1 2025 | 32% | +3.7 points |
| Q4 2024 | 22% | +5.2 points |
NFLX has the edge over NMAX on profitability, with a higher operating margin.
NMAX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $69M | +52% |
| Q2 2026 | $54.1M | +17% |
| Q1 2026 | $51.7M | +14% |
| Q4 2025 | $52.2M | +9.6% |
| Q3 2025 | $45.3M | +4% |
| Q2 2025 | $46.4M | +18% |
| Q1 2025 | $45.3M | +12% |
| Q4 2024 | $47.7M | +26% |
NMAX's revenue has grown year over year every quarter since late 2024: $69M last quarter, up 52% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +37 points |
| Q2 2026 | 2.4% | +167 points |
| Q1 2026 | -8.7% | +17 points |
| Q4 2025 | -8.9% | +2.4 points |
| Q3 2025 | -16% | +4.3 points |
| Q2 2025 | -165% | -152 points |
| Q1 2025 | -26% | +100 points |
| Q4 2024 | -11% | -3.1 points |
NMAX's operating margin was 21% last quarter, up 37 points from the same quarter a year ago, near the top of its range since 2023.
NFLX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $2.9B | +8.4% |
| Q2 2026 | $1.5B | -33% |
| Q1 2026 | $5.1B | +91% |
| Q4 2025 | $1.9B | +36% |
| Q3 2025 | $2.7B | +21% |
| Q2 2025 | $2.3B | +87% |
| Q1 2025 | $2.7B | +25% |
| Q4 2024 | $1.4B | -13% |
NFLX has the edge over NMAX on cash flow, with more consistent year-over-year improvement.
NMAX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $9.6M | +$78.8M |
| Q2 2026 | -$1.3M | +$22.6M |
| Q1 2026 | -$2.9M | +$12.9M |
| Q4 2025 | $1.8M | +$29.8M |
| Q3 2025 | -$69.2M | -$55.2M |
| Q2 2025 | -$23.8M | -$19.6M |
| Q1 2025 | -$15.8M | -$12.4M |
| Q4 2024 | -$28M | -2550% |
NMAX's free cash flow has turned positive after two years mostly in the red: $7M over the past year.
NFLX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.6% | -66.2M shares |
| 1 year | -3.3% | -145M shares |
| 3 years | -6.8% | -305M shares |
| 5 years | -7.8% | -354M shares |
| Available history | -7.1% | -323M shares |
NFLX has the edge over NMAX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.8B |
| Q2 2026 | $4.7B |
| Q1 2026 | $1.3B |
| Q4 2025 | $2.1B |
| Q3 2025 | $1.9B |
| Q2 2025 | $1.7B |
| Q1 2025 | $3.5B |
| Q4 2024 | $963.7M |
NFLX spent $12.9B buying back its own shares over the past year, up 61% from the year before.
NMAX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -60.2K shares |
| 1 year | +0.6% | +745K shares |
| 3 years | +57% | +47.1M shares |
NMAX has 129M diluted shares, up 0.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
NFLX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.4x | Very low |
| Q1 2026 | 0.2x | Very low |
| Q4 2025 | 0.4x | Very low |
| Q3 2025 | 0.4x | Very low |
| Q2 2025 | 0.5x | Very low |
| Q1 2025 | 0.7x | Very low |
| Q4 2024 | 0.7x | Very low |
NFLX's net debt is less than a year of its operating earnings (EBITDA).
NMAX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -2.1x | Net Cash |
NMAX has the edge over NFLX on leverage, with a lower net debt burden relative to earnings.
NFLX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.2 | Neutral |
| Stochastic | 6.0 | Oversold |
NFLX's weekly RSI is 33 (neutral) and its Stochastic is 6 (oversold).
NMAX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.7 | Neutral |
| Stochastic | 5.5 | Oversold |
NMAX's weekly RSI is 39 (neutral) and its Stochastic is 5 (oversold).
NFLX PE vs Communication Services Sector
| Metric | NFLX | Sector median | Relative |
|---|---|---|---|
| PE | 18x | 16x | 9.8% above |
| PE % | 4 | 26 | 22 pts below |
NFLX is trading at 18x earnings, in line with the Communication Services sector's median of 16x.
NMAX PE vs Communication Services Sector
NFLX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $66.6 | 5.9% below |
| 20 week MA | $71.8 | 13% below |
| 50 week MA | $82.4 | 24% below |
| 100 week MA | $96.0 | 35% below |
| 200 week MA | $74.4 | 16% below |
NMAX has stronger trend alignment. NFLX is above 0 of 5 weekly averages versus NMAX above 0 of 3.
NMAX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.76 | 17% below |
| 20 week MA | $9.23 | 21% below |
| 50 week MA | $8.04 | 9.3% below |
NMAX is in a downtrend: it's below all three of its weekly moving averages, and 9.3% below its 50-week average.
NFLX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $32.9 | $51.4 | +56% |
| 2021 | $51.4 | $61.4 | +19% |
| 2022 | $61.4 | $29.5 | -52% |
| 2023 | $29.5 | $48.7 | +65% |
| 2024 | $48.7 | $90.8 | +86% |
| 2025 | $90.8 | $94.5 | +4.1% |
| 2026 YTD | $94.5 | $62.7 | -34% |
NFLX is down 34% so far in 2026, after finishing higher in five of the previous six years.
NMAX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2025 | $45.0 | $8.67 | -81% |
| 2026 YTD | $8.67 | $7.29 | -16% |
NMAX has the edge over NFLX on returns for 2026, with the stronger performance.