NFLX
Netflix Inc. Communication Services - Streaming Investor Relations →
Netflix Inc. (NFLX) closed at $91.82 as of 2026-03-20, trading 40.8% above its 200-week moving average of $65.24. The stock is currently moving closer to the line, down from 46.9% last week. The 14-week RSI sits at 46, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.03 ratio) is neutral — neither side is clearly dominating.
Over the past 1195 weeks of data, NFLX has crossed below its 200-week moving average 13 times. On average, these episodes lasted 16 weeks. Historically, investors who bought NFLX at the start of these episodes saw an average one-year return of +41.9%.
With a market cap of $389.5 billion, NFLX is a large-cap stock. The company generates a free cash flow yield of 6.4%, which is healthy. Return on equity stands at 42.8%, indicating strong profitability. The stock trades at 14.6x book value.
The company has been aggressively buying back shares, reducing its share count by 5.2% over the past three years.
Over the past 23 years, a hypothetical investment of $100 in NFLX would have grown to $56804, compared to $1076 for the S&P 500. That represents an annualized return of 31.8% vs 10.9% for the index — confirming NFLX as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 80.1% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: NFLX vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After NFLX Crosses Below the Line?
Across 13 historical episodes, buying NFLX when it crossed below its 200-week moving average produced an average return of +51.2% after 12 months (median +50.0%), compared to +3.9% for the S&P 500 over the same periods. 69% of those episodes were profitable after one year. After 24 months, the average return was +173.7% vs +12.2% for the index.
Each line shows $100 invested at the moment NFLX crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
NFLX has crossed below its 200-week MA 13 times with an average 1-year return of +41.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 2004 | Sep 2004 | 5 | 13.2% | +47.5% | +42806.5% |
| Sep 2004 | Jun 2005 | 36 | 42.2% | +59.2% | +39259.4% |
| Aug 2006 | Aug 2006 | 1 | 3.9% | -4.9% | +34234.3% |
| Mar 2007 | Mar 2007 | 2 | 4.2% | +48.4% | +30419.5% |
| Apr 2007 | Oct 2007 | 25 | 26.9% | +74.5% | +28983.3% |
| Nov 2007 | Nov 2007 | 1 | 2.1% | -8.1% | +29451.3% |
| Jan 2008 | Jan 2008 | 1 | 0.0% | +39.8% | +29424.1% |
| Oct 2008 | Dec 2008 | 7 | 19.7% | +110.3% | +27485.4% |
| Oct 2011 | Jan 2012 | 12 | 34.5% | -17.3% | +7538.9% |
| Apr 2012 | Jan 2013 | 41 | 50.2% | +66.3% | +6070.1% |
| Jan 2022 | Jun 2023 | 72 | 57.9% | -13.8% | +131.0% |
| Aug 2023 | Aug 2023 | 1 | 2.0% | +66.6% | +127.0% |
| Sep 2023 | Oct 2023 | 7 | 14.7% | +75.6% | +131.3% |
| Average | 16 | — | +41.9% | — |
Frequently Asked Questions
Is NFLX below its 200-week moving average?
No. Netflix Inc. (NFLX) is currently 40.8% above its 200-week moving average of $65.24. It would need to fall to $65.24 to cross below the line.
What is NFLX's 200-week moving average price?
Netflix Inc.'s 200-week moving average is $65.24 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when NFLX drops below its 200-week moving average?
NFLX has crossed below its 200-week moving average 13 times in our data. On average, buying at that moment produced a one-year return of +41.9%. These dips have historically been decent entry points. These episodes lasted 16 weeks on average.
Is NFLX a good value right now?
Here's what our data says about NFLX as of 2026-03-20: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 46. Free cash flow yield is 6.4%. Return on equity is 42.8%. Price-to-book is 14.6x. This is not a buy or sell recommendation — always do your own research.
How does NFLX compare to the S&P 500?
Over the past 23 years, $100 invested in NFLX would have grown to $56804, compared to $1076 for the S&P 500. That's 31.8% annualized vs 10.9% for the index. NFLX has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20