NFLX
Netflix, Inc.
NFLX has the edge over UCL overall, supported by stronger valuation and stronger fundamentals.
UCL
uCloudlink Group Inc.
UCL'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.
UCL Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Under pressure | |
| Weak | |
| Strong |
UCL's balance sheet is currently strong, but its revenue, profitability 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.
UCL PE Valuation
UCL has no meaningful PE right now: it lost money over the past year.
NFLX Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Moderate | |
| Moderate |
Analysts expect earnings and revenue growth for NFLX, with profitability improving.
UCL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Returning to profit | |
| Growth | |
| Improving | |
| Limited | |
| High |
Analysts expect UCL 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 has the stronger earnings trend. Trailing diluted EPS is up 45% for NFLX versus UCL down 20%.
UCL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2024 | $0.12 | +$0.27 |
| Q1 2024 | $0.03 | +$0.36 |
| Q4 2023 | $0.08 | +$0.74 |
| Q3 2023 | $0.10 | +$1.27 |
| Q2 2023 | -$0.15 | +$1.12 |
| Q1 2023 | -$0.33 | +$1.02 |
| Q4 2022 | -$0.66 | +$0.96 |
| Q3 2022 | -$1.17 | +$0.35 |
UCL has returned to profit: it earned $0.12 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 UCL 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 UCL on profitability, with a higher operating margin.
UCL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $18.2M | -5.9% |
| Q1 2026 | $16.9M | -10% |
| Q4 2025 | $22.3M | -14% |
| Q3 2025 | $21.2M | -16% |
| Q2 2025 | $19.4M | -13% |
| Q1 2025 | $18.7M | +3.4% |
| Q4 2024 | $26M | +19% |
| Q3 2024 | $25.2M | +5.6% |
UCL's revenue has slid since its 2019 peak: $18M last quarter, down 5.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -16% | -20 points |
| Q1 2026 | -16% | -13 points |
| Q4 2025 | 8.5% | +15 points |
| Q3 2025 | 0.6% | -13 points |
| Q2 2025 | 4.2% | -5.9 points |
| Q1 2025 | -2.5% | -5.3 points |
| Q4 2024 | -6.6% | +1.9 points |
| Q3 2024 | 13% | -0.7 points |
UCL's operating margin was −16% last quarter, down 20 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 UCL on cash generation, producing positive trailing cash flow while its opponent burns cash.
UCL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$3.1M | -$2M |
| Q1 2026 | -$8.7M | -$8.7M |
| Q4 2025 | $4.4M | +$7.8M |
| Q3 2025 | -$1.4M | -170% |
| Q2 2025 | -$1.1M | -135% |
| Q1 2025 | -$64K | -105% |
| Q4 2024 | -$3.5M | -$80K |
| Q3 2024 | $2M | +1.2% |
UCL has burned cash in six of the last eight quarters: −$9M over the past year, against −$3M 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 UCL 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.
UCL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +163K shares |
| 1 year | +1.3% | +478K shares |
| 3 years | +33% | +9.3M shares |
| 5 years | +44% | +11.6M shares |
UCL has 38M diluted shares, up 1.3% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
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).
UCL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -3.1x | Net Cash |
| Q1 2026 | -2.1x | Net Cash |
| Q4 2025 | -2.2x | Net Cash |
| Q3 2025 | -1.8x | Net Cash |
| Q2 2025 | -4.0x | Net Cash |
| Q2 2024 | -3.4x | Net Cash |
| Q1 2024 | -7.9x | Net Cash |
| Q4 2023 | -4.4x | Net Cash |
UCL 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).
UCL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 19.1 | Oversold |
| Stochastic | 4.7 | Oversold |
UCL's weekly RSI is 19 (oversold) 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.
UCL PE vs Communication Services Sector
| Metric | UCL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
UCL has no meaningful PE right now: it lost money over the past year.
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.
UCL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.25 | 12% below |
| 20 week MA | $0.50 | 56% below |
| 50 week MA | $1.07 | 79% below |
| 100 week MA | $1.49 | 85% below |
| 200 week MA | $1.90 | 88% below |
UCL is in a downtrend: it's below all five of its weekly moving averages, and 88% below its 200-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 has the edge over UCL on returns for 2026, with the stronger performance.
UCL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $16.5 | $10.4 | -37% |
| 2021 | $10.4 | $3.30 | -68% |
| 2022 | $3.30 | $3.97 | +20% |
| 2023 | $3.97 | $1.75 | -56% |
| 2024 | $1.75 | $2.40 | +37% |
| 2025 | $2.40 | $2.05 | -15% |
| 2026 YTD | $2.05 | $0.22 | -89% |
UCL has finished lower in four of the last six years. It's down 89% so far in 2026.