NFLX
Netflix, Inc.
NFLX has the edge over ZDGE overall, supported by stronger valuation and stronger modeled upside.
ZDGE
Zedge, Inc.
ZDGE'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.
ZDGE Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Stable | |
| Strong | |
| Strong |
ZDGE's cash flow and balance sheet are currently strong, 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'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.
ZDGE PE Valuation
ZDGE 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 |
NFLX has the edge over ZDGE on the outlook, with more favorable profitability expectations.
ZDGE Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for ZDGE, with profitability 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 has the edge over ZDGE on earnings quality, reporting a profit while its opponent remains loss making.
ZDGE Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.15 | — |
| Q3 2026 | -$0.01 | +$0.16 |
| Q2 2026 | -$0.09 | +$0.04 |
| Q1 2026 | -$0.15 | -$0.02 |
| Q4 2025 | -$0.09 | +$0.58 |
| Q3 2025 | -$0.17 | +$0.48 |
| Q1 2023 | $0.45 | -30% |
| Q4 2022 | $0.50 | -23% |
| Q3 2022 | $0.65 | +10% |
ZDGE is still losing money, but far less than before: $0.01 per share over the past year, against $0.67 at its worst in late 2024.
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 ZDGE 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 ZDGE on profitability, with a higher operating margin.
ZDGE Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $7.8M | +4% |
| Q2 2026 | $8M | +3% |
| Q1 2026 | $8.3M | +18% |
| Q4 2025 | $7.6M | +5.8% |
| Q3 2025 | $7.5M | -1.5% |
| Q2 2025 | $7.8M | +1.3% |
| Q1 2025 | $7M | -10% |
| Q4 2024 | $7.2M | +1.6% |
ZDGE's revenue has grown year over year for four quarters in a row: $8M last quarter, up 4% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 3.3% | +13 points |
| Q2 2026 | 13% | +11 points |
| Q1 2026 | -35% | -3.2 points |
| Q4 2025 | 12% | +18 points |
| Q3 2025 | -9.6% | -8.7 points |
| Q2 2025 | 2.1% | +3.8 points |
| Q1 2025 | -32% | +122 points |
| Q4 2024 | -6.3% | -11 points |
ZDGE's operating margin was 3.3% last quarter, up 13 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 ZDGE on cash flow, with more consistent year-over-year improvement.
ZDGE Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $1.7M | +158% |
| Q2 2026 | $1.2M | +43% |
| Q1 2026 | $855K | +24% |
| Q4 2025 | $808K | -30% |
| Q3 2025 | $640K | -6.3% |
| Q2 2025 | $851K | -63% |
| Q1 2025 | $689K | -56% |
| Q4 2024 | $1.2M | -6.4% |
ZDGE's free cash flow has been positive every quarter for six years: $5M over the past year, up 36% from 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 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.
ZDGE Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -2.1% | -279K shares |
| 1 year | -5.4% | -743K shares |
| 3 years | -8.9% | -1.3M shares |
| 5 years | +4% | +497K shares |
| Available history | +27% | +2.8M shares |
ZDGE has the edge over NFLX on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $784,000 |
| Q2 2026 | $253,000 |
| Q1 2026 | $87,000 |
| Q4 2025 | $789,000 |
| Q3 2025 | $2.4M |
| Q2 2025 | $536,000 |
| Q1 2025 | $690,000 |
| Q4 2024 | $804,000 |
ZDGE spent $2M buying back its own shares over the past year, down 57% from 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).
ZDGE Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -333.4x | Net Cash |
| Q2 2023 | -17.2x | Net Cash |
| Q1 2023 | -1.5x | Net Cash |
| Q4 2022 | -1.4x | Net Cash |
| Q3 2022 | -1.2x | Net Cash |
| Q2 2022 | -1.6x | Net Cash |
| Q1 2022 | -2.7x | Net Cash |
| Q4 2021 | -2.6x | Net Cash |
ZDGE 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).
ZDGE Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.9 | Neutral |
| Stochastic | 17.8 | Oversold |
ZDGE's weekly RSI is 48 (neutral) and its Stochastic is 18 (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.
ZDGE PE vs Communication Services Sector
| Metric | ZDGE | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
ZDGE 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.
ZDGE Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $2.73 | 2.6% above |
| 20 week MA | $2.89 | 3.1% below |
| 50 week MA | $3.04 | 7.9% below |
| 100 week MA | $2.96 | 5.4% below |
| 200 week MA | $2.78 | 0.7% above |
ZDGE 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.
ZDGE Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $1.59 | $5.66 | +256% |
| 2021 | $5.66 | $9.61 | +70% |
| 2022 | $9.61 | $1.85 | -81% |
| 2023 | $1.85 | $2.35 | +27% |
| 2024 | $2.35 | $3.11 | +32% |
| 2025 | $3.11 | $3.54 | +14% |
| 2026 YTD | $3.54 | $2.80 | -21% |
ZDGE has the edge over NFLX on returns for 2026, with the stronger performance.