NFLX

Netflix Inc. Communication Services - Streaming Investor Relations โ†’

NO
30.1% ABOVE
โ†“ Approaching Was 32.6% last week
-15% -10% -5% 0% 5% 10% 15%+
Buy Threshold $63.20
14-Week RSI 11 ๐Ÿ“‰

Netflix Inc. (NFLX) closed at $82.20 as of 2026-02-02, trading 30.1% above its 200-week moving average of $63.20. The stock is currently moving closer to the line, down from 32.6% last week. With a 14-week RSI of 11, NFLX is in oversold territory.

Over the past 1189 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 $348.7 billion, NFLX is a large-cap stock. The company generates a free cash flow yield of 7.1%, which is healthy. Return on equity stands at 42.8%, indicating strong profitability. The stock trades at 13.0x 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 22.9 years, a hypothetical investment of $100 in NFLX would have grown to $50853, compared to $1143 for the S&P 500. That represents an annualized return of 31.2% vs 11.2% for the index โ€” 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.

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.

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Historical Touches

NFLX has crossed below its 200-week MA 13 times with an average 1-year return of +41.9% after recovery.

Crossed BelowRecoveredWeeksMax Depth1-Year ReturnReturn Since Touch
Aug 2004Sep 2004513.2%+47.5%+38311.2%
Sep 2004Jun 20053642.2%+59.2%+35135.7%
Aug 2006Aug 200613.9%-4.9%+30637.1%
Mar 2007Mar 200724.2%+48.4%+27221.9%
Apr 2007Oct 20072526.9%+74.5%+25936.2%
Nov 2007Nov 200712.1%-8.1%+26355.2%
Jan 2008Jan 200810.0%+39.8%+26330.9%
Oct 2008Dec 2008719.7%+110.3%+24595.3%
Oct 2011Jan 20121234.5%-17.3%+6738.6%
Apr 2012Jan 20134150.2%+66.3%+5423.7%
Jan 2022Jun 20237257.9%-13.8%+106.8%
Aug 2023Aug 202312.0%+66.6%+103.2%
Sep 2023Oct 2023714.7%+75.6%+107.1%
Average16โ€”+41.9%โ€”

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 Friday close, 2026-02-02