NFLX
Netflix, Inc.
NFLX has the edge over NWS overall, supported by stronger valuation and stronger modeled upside.
NWS
News Corporation
NWS'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.
NWS Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Healthy | |
| Strong |
NWS's cash flow and balance sheet are currently healthy, and its revenue and profitability are 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 has the edge over NWS in the historical PE scenario, which offers more potential upside but is not a forecast.
NWS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 14x | $16.11 | -45% |
| Forward | 20x | $29.17 | — |
| Current | 24x | $29.17 | — |
| Fair | 32x | $36.05 | +24% |
| Expensive | 65x | $72.57 | +149% |
Historical ranges are pointers, not guarantees.
NWS's PE is 24x, but its earnings don't support one, so it isn't a reliable read right now.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for NFLX, with profitability improving.
NWS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| High |
NWS has the edge over NFLX on the outlook, with more favorable valuation expectations.
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.
NWS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.44 | +28% |
| Q3 2026 | $1.12 | -46% |
| Q2 2026 | $1.03 | -50% |
| Q1 2026 | $2.01 | +134% |
| Q4 2025 | $2.03 | +178% |
| Q3 2025 | $2.07 | +234% |
| Q2 2025 | $2.08 | +352% |
| Q1 2025 | $0.86 | +146% |
| Q4 2024 | $0.73 | +87% |
NWS's earnings per share have fallen from their peak: $1.12 over the past year, against $2.08 in mid-2025.
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 NWS on sales, with more consistent year-over-year improvement.
| 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 NWS on profitability, with a higher operating margin.
NWS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.3B | +6.4% |
| Q2 2026 | $2.3B | +11% |
| Q1 2026 | $2.2B | +8.8% |
| Q4 2025 | $2.4B | +5.5% |
| Q3 2025 | $2.1B | -17% |
| Q2 2025 | $2.1B | -18% |
| Q1 2025 | $2B | -17% |
| Q4 2024 | $2.2B | -13% |
NWS's revenue is recovering but still below its 2021 peak: $2.3B last quarter, up 6.4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 13% | +3.1 points |
| Q2 2026 | 12% | +5.6 points |
| Q1 2026 | 8.7% | +1.1 points |
| Q4 2025 | 16% | -3.7 points |
| Q3 2025 | 9.9% | +2 points |
| Q2 2025 | 6.3% | +2 points |
| Q1 2025 | 7.5% | +4.9 points |
| Q4 2024 | 19% | +8.5 points |
NWS's operating margin was 13% last quarter, up 3.1 points from the same quarter a year ago.
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 NWS on cash flow, with more consistent year-over-year improvement.
NWS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$89M | -2325% |
| Q2 2026 | $276M | +763% |
| Q1 2026 | $399M | -4.5% |
| Q4 2025 | $132M | -13% |
| Q3 2025 | $4M | +$35M |
| Q2 2025 | $32M | -71% |
| Q1 2025 | $418M | -0.9% |
| Q4 2024 | $152M | -39% |
NWS usually generates cash, though not every quarter: the latest was −$89M, but it generated $718M 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 4.2B diluted shares, down 3.3% from a year ago, with $12.9B in buybacks over the past year.
| 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.
NWS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.8% | -15.7M shares |
| 1 year | -4.3% | -24.2M shares |
| 3 years | -5.5% | -31.4M shares |
| 5 years | -8.7% | -51.7M shares |
| Available history | -8.1% | -47.6M shares |
NWS has the edge over NFLX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $166M |
| Q2 2026 | $185M |
| Q1 2026 | $192M |
| Q4 2025 | $172M |
| Q3 2025 | $92M |
| Q2 2025 | $36M |
| Q1 2025 | $36M |
| Q4 2024 | $40M |
NWS spent $715M buying back its own shares over the past year, about four times what it spent the year before.
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).
NWS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | -0.1x | Net Cash |
| Q1 2026 | -0.1x | Net Cash |
| Q4 2025 | -0.1x | Net Cash |
| Q3 2025 | -0.2x | Net Cash |
| Q2 2025 | -0.3x | Net Cash |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | 0.1x | Very low |
NWS 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).
NWS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 41.4 | Neutral |
| Stochastic | 10.8 | Oversold |
NWS's weekly RSI is 41 (neutral) and its Stochastic is 11 (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 has the edge over NWS on valuation relative to its sector.
NWS PE vs Communication Services Sector
| Metric | NWS | Sector median | Relative |
|---|---|---|---|
| PE | 24x | 16x | 43% above |
| PE % | 32 | 26 | 6 pts above |
NWS is trading at 24x earnings, a 43% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
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 |
NFLX is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
NWS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $31.5 | 7.4% below |
| 20 week MA | $32.1 | 9% below |
| 50 week MA | $30.3 | 3.6% below |
| 100 week MA | $31.1 | 6.1% below |
| 200 week MA | $27.5 | 6% above |
NWS has the edge over NFLX on trend strength, trading above more of its moving averages.
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.
NWS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $14.5 | $17.7 | +22% |
| 2021 | $17.7 | $22.6 | +28% |
| 2022 | $22.6 | $18.6 | -18% |
| 2023 | $18.6 | $25.7 | +39% |
| 2024 | $25.7 | $30.8 | +20% |
| 2025 | $30.8 | $29.9 | -3% |
| 2026 YTD | $29.9 | $29.2 | -2.3% |
NWS has the edge over NFLX on returns for 2026, with the stronger performance.