Netflix (NFLX) Rises Higher Than Market: Key Facts

Netflix (NFLX) closed at $82.73, up 2.38% and outperforming major indices. The stock has gained 9.84% over the past month. Upcoming earnings are expected to show EPS of $0.82 (up 38.98% YoY) and revenue of $12.88 billion (up 11.9% YoY). However, Netflix holds a Zacks Rank #3 (Hold) with no EPS estimate changes in the past 30 days. The stock trades at a Forward P/E of 22.49, significantly above its industry average of 11.1, suggesting a premium valuation.