Despite the movie's failure and Prana Film's bankruptcy in 1922, the film received critically positive reviews. Rotten Tomatoes says that 98% of critical reviews were positive (53 out of a total 55 reviews) with an average rating of 3.9/5, stating, "One of the silent era's most influential masterpieces, Nosferatu's eerie, gothic feel -- and a chilling performance from Max Schreck as the vampire -- set the template for the horror films that followed."