NFLX
Netflix, Inc.
NFLX's fundamentals are strong and it looks cheap: trading at 18x earnings, less than half its usual 47x. Analysts expect strong earnings growth.
UPXI
Upexi, Inc.
There isn't enough reported data to score UPXI yet.
NFLX Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
NFLX's revenue, profitability, cash flow and balance sheet are all currently healthy.
UPXI Fundamentals
| Metric | Status |
|---|---|
| Under pressure | |
| Weak | |
| Weak | |
| Under pressure |
UPXI's revenue, profitability, cash flow and balance sheet are all currently 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.
UPXI PE Valuation
UPXI 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.
UPXI Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| -- | |
| Limited | |
| High |
Analysts expect UPXI's losses to shrink, 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 UPXI down 185%.
UPXI Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q1 2025 | -$20.99 | +$3.61 |
| Q4 2024 | -$22.12 | +$0.68 |
| Q3 2024 | -$23.28 | -$5.88 |
| Q2 2024 | -$23.13 | -$3.93 |
| Q1 2024 | -$24.60 | -$19.00 |
| Q4 2023 | -$22.80 | -$19.40 |
| Q3 2023 | -$17.40 | -$11.00 |
| Q2 2023 | -$19.20 | -$16.60 |
UPXI lost $20.99 per share over the past year, a smaller loss than 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 UPXI 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's operating margin was 35% last quarter, up 6.4 points from the same quarter a year ago, near the top of its range since 2019.
UPXI Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.5M | -62% |
| Q2 2026 | $3.1M | -27% |
| Q1 2026 | $4.6M | +44% |
| Q4 2025 | $8.1M | +101% |
| Q3 2025 | $9.2M | +112% |
| Q1 2025 | $3.2M | -78% |
| Q4 2024 | $4M | -82% |
| Q3 2024 | $4.4M | -84% |
UPXI's revenue has slid since its 2023 peak: $3M last quarter, down 62% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 2649% | +1901 points |
| Q2 2026 | -884% | -733 points |
| Q1 2026 | -2343% | -2230 points |
| Q4 2025 | -2178% | -2151 points |
| Q3 2025 | 748% | +779 points |
| Q2 2025 | -152% | N/A |
| Q1 2025 | -114% | -79 points |
| Q4 2024 | -27% | -19 points |
UPXI has the edge over NFLX on profitability, with a higher operating margin.
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 UPXI on cash generation, producing positive trailing cash flow while its opponent burns cash.
UPXI Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$8.2M | +$1.6M |
| Q2 2026 | -$3.7M | +$757.8K |
| Q1 2026 | -$4.8M | -$4M |
| Q4 2025 | -$2.7M | -$1.3M |
| Q3 2025 | -$9.8M | -$7.7M |
| Q2 2025 | -$4.5M | -283% |
| Q1 2025 | -$809.3K | +$171.3K |
| Q4 2024 | -$1.4M | -$1.2M |
UPXI has burned cash in most quarters: −$19M over the past year, against −$16M 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 UPXI 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.
UPXI Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +105% | +68.9M shares |
| 1 year | +9957% | +133M shares |
| 3 years | +14820% | +133M shares |
| 5 years | +18388% | +134M shares |
| Available history | +18388% | +134M shares |
UPXI has 134M diluted shares, up 9957% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q2 2024 | — |
| Q2 2021 | — |
| Q1 2021 | — |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
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).
UPXI Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2025 | 3.3x | Elevated |
| Q4 2023 | 18.7x | High |
| Q2 2022 | -21.3x | Net Cash |
| Q1 2022 | -1.2x | Net Cash |
| Q4 2021 | -1.4x | Net Cash |
| Q3 2021 | -3.6x | Net Cash |
| Q2 2021 | -6.6x | Net Cash |
| Q1 2021 | 2.1x | Moderate |
UPXI's net debt is about 3.3 years of its operating earnings (EBITDA), after holding more cash than debt a year ago.
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).
UPXI Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.1 | Neutral |
| Stochastic | 4.6 | Oversold |
UPXI's weekly RSI is 35 (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.
UPXI PE vs Communication Services Sector
UPXI 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.
UPXI Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $0.91 | 30% below |
| 20 week MA | $0.92 | 30% below |
| 50 week MA | $1.20 | 47% below |
| 100 week MA | $3.43 | 81% below |
| 200 week MA | $16.8 | 96% below |
UPXI is in a downtrend: it's below all five of its weekly moving averages, and 96% 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 UPXI on returns for 2026, with the stronger performance.
UPXI Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $157.2 | $84.6 | -46% |
| 2022 | $84.6 | $62.0 | -27% |
| 2023 | $62.0 | $23.2 | -63% |
| 2024 | $23.2 | $3.86 | -83% |
| 2025 | $3.86 | $1.87 | -52% |
| 2026 YTD | $1.87 | $0.64 | -66% |
UPXI has finished every year since 2021 lower, and it's down 66% so far in 2026.