NFLX
Netflix, Inc.
NFLX has the edge over TDS overall, supported by stronger modeled upside and stronger fundamentals.
TDS
Telephone and Data Systems, Inc.
TDS'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.
TDS Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Strong | |
| Weak | |
| Strong |
TDS's profitability and balance sheet are currently strong, but its revenue and cash flow are under pressure.
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.
TDS PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 7.5x | $30.73 | — |
| Cheap | 12x | $48.62 | +58% |
| Fair | 17x | $71.06 | +131% |
| Expensive | 23x | $94.77 | +208% |
| Forward | 116x | $30.73 | — |
Historical ranges are pointers, not guarantees.
TDS 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 TDS on the outlook, with more favorable valuation and revenue expectations.
TDS Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Returning to profit | |
| Stable | |
| Strongly improving | |
| Limited | |
| High |
Analysts expect TDS to return to profit, with revenue holding steady.
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.
TDS Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.26 | -94% |
| Q3 2026 | $4.09 | +$5.16 |
| Q2 2026 | $3.00 | +$3.96 |
| Q1 2026 | $0.53 | +$1.57 |
| Q4 2025 | -$0.65 | +$0.20 |
| Q3 2025 | -$1.07 | +$4.34 |
| Q2 2025 | -$0.96 | +$3.88 |
| Q1 2025 | -$1.04 | +$3.84 |
| Q4 2024 | -$0.85 | +$4.21 |
TDS has returned to profit: it earned $4.09 per share over the past year, after losing money the year before. Its recent earnings include one-off gains.
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 TDS 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 TDS on profitability, with a higher operating margin.
TDS Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $306.7M | -0.6% |
| Q2 2026 | $309.3M | -74% |
| Q1 2026 | $309.5M | -73% |
| Q4 2025 | $330.7M | -73% |
| Q3 2025 | $308.5M | -75% |
| Q2 2025 | $1.2B | -4.2% |
| Q1 2025 | $1.2B | -8.6% |
| Q4 2024 | $1.2B | -5.5% |
TDS's revenue has slid since its 2022 peak: $307M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -9.8% | +12 points |
| Q2 2026 | 121% | +117 points |
| Q1 2026 | 46% | +43 points |
| Q4 2025 | 5.1% | +2.2 points |
| Q3 2025 | -22% | -16 points |
| Q2 2025 | 3.4% | +0.2 points |
| Q1 2025 | 3% | -2.3 points |
| Q4 2024 | 2.9% | +43 points |
TDS's operating margin was −9.8% last quarter, up 12 points from the same quarter a year ago, near the bottom of its range since 2019.
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 TDS on cash generation, producing positive trailing cash flow while its opponent burns cash.
TDS Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$305.5M | -$292.8M |
| Q2 2026 | -$113.3M | -143% |
| Q1 2026 | -$81.6M | -243% |
| Q4 2025 | -$108.9M | -$91.9M |
| Q3 2025 | -$12.7M | -112% |
| Q2 2025 | $264M | +42% |
| Q1 2025 | $57M | +$68M |
| Q4 2024 | -$17M | +$69M |
TDS has burned cash in six of the last eight quarters: −$609M over the past year, against $291M the year before.
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 TDS 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.
TDS Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -1.1% | -1.3M shares |
| 1 year | -3.2% | -3.8M shares |
| 3 years | +1.8% | +2M shares |
| 5 years | -0.9% | -1M shares |
| Available history | -0.9% | -1M shares |
TDS has 115M diluted shares, down 3.2% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2025 | $67.4M |
| Q4 2024 | — |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | — |
| Q3 2023 | — |
| Q2 2023 | $3M |
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).
TDS Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.1x | Net Cash |
| Q2 2026 | -1.8x | Net Cash |
| Q1 2026 | -1.1x | Net Cash |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | -0.1x | Net Cash |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.8x | Elevated |
| Q4 2024 | 3.7x | Elevated |
TDS 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).
TDS Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 33.6 | Neutral |
| Stochastic | 25.1 | Neutral |
TDS's weekly RSI is 34 (neutral) and its Stochastic is 25 (neutral).
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.
TDS PE vs Communication Services Sector
| Metric | TDS | Sector median | Relative |
|---|---|---|---|
| PE | 7.5x | 16x | 54% below |
| PE % | 0 | 26 | 26 pts below |
TDS has the edge over NFLX on valuation relative to its 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 |
NFLX is in a downtrend: it's below all five of its weekly moving averages, and 16% below its 200-week average.
TDS Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $34.0 | 9.6% below |
| 20 week MA | $34.6 | 11% below |
| 50 week MA | $39.4 | 22% below |
| 100 week MA | $38.1 | 19% below |
| 200 week MA | $27.8 | 11% above |
TDS 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.
TDS Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $24.9 | $18.3 | -27% |
| 2021 | $18.3 | $20.6 | +13% |
| 2022 | $20.6 | $10.6 | -49% |
| 2023 | $10.6 | $18.4 | +74% |
| 2024 | $18.4 | $34.8 | +90% |
| 2025 | $34.8 | $40.3 | +16% |
| 2026 YTD | $40.3 | $30.7 | -24% |
TDS has the edge over NFLX on returns for 2026, with the stronger performance.