NFLX - Netflix, Inc.
| Previous Close | 359.07 |
| Open | 358.47 |
| Bid | 356.95 x 1100 |
| Ask | 357.24 x 800 |
| Day's Range | 355.50 - 364.40 |
| 52 Week Range | 231.23 - 423.21 |
| Volume | 9,229,980 |
| Avg. Volume | 12,204,220 |
| Market Cap | 155.809B |
| Beta (3Y Monthly) | 1.53 |
| PE Ratio (TTM) | 133.16 |
| EPS (TTM) | 2.68 |
| Earnings Date | Apr 15, 2019 - Apr 22, 2019 |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | 387.46 |
Entertainment Tonight Videos•yesterday'The Kissing Booth:' Netflix Announces a Sequel!
Netflix announced 'The Kissing Booth 2' is currently in production with stars Joey King, Joel Courtney and Jacob Elordi.
- Zacks•4 hours ago
Why Is Netflix (NFLX) Up 1% Since Last Earnings Report?
Netflix (NFLX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Motley Fool•19 hours ago
Apple Likely to Tout 2 New Subscription Services at March 25 Event
The tech giant's long-anticipated news and video-streaming subscription services could go live this summer.
- Investor's Business Daily•21 hours ago
FANG Stocks: Lack Of YouTube Transparency Could Haunt Google
Google-parent Alphabet continues to keep YouTube financials a guessing game. Google may well be the least transparent of the FANG stocks, which also include Amazon, Facebook and Netflix.
- Motley Fool•23 hours ago
Sex, Coke, and Video Streaming
Coca-Cola shares have their worst day in over a decade, Apple gets ready to launch a video streaming service. And the role of Netflix in modern relationships.
- TheStreet.com•yesterday
Relative Price Gains Favor Apple, Google and Tesla Over Amazon and Netflix
Apple's stock had risen 436% in the five years preceding that dinner. After everyone gave an answer, the seasoned chip executive confidently predicted Apple's stock would actually be lower in five years' time, not higher. The executive was wrong, however: Apple shares went on to double in the ensuing five years.
- InvestorPlace•yesterday
Netflix Stock Is All About The Innovator’s Dilemma
The rally since the December lows has certainly been impressive. But as for Netflix (NASDAQ:NFLX), it has made this bull move look kind of tame. Since late December, the shares have soared from $234 to $360 -- or about 53%.Source: Netflix Now, NFLX stock has a pretty good track record anyway. Consider that for the past decade the average annual return has been a blistering 51.8%!This really goes to how important major changes can be with large markets. It's essentially about the innovator's dilemma -- a concept developed by Harvard professor and entrepreneur Clayton Christensen in the 1990s -- where the incumbents cannot react quickly enough. The main reason is fear of cannibalizing the existing business.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut this can prove fatal. Over the years, we've seen how industries can be disrupted, such as with Amazon.com (NASDAQ:AMZN) in e-commerce, Uber with the taxi cab business and Salesforce.com (NYSE:CRM) with enterprise software.With Netflix stock, the main catalysts for the disruption opportunity have been the availability of high-speed internet access and pervasiveness of smartphones. But there has also been a move towards affordable subscriptions. The result is a secular change in how people consume entertainment content. * 10 Hot Stocks Leading the Market's Blitz Higher The trend is clearly evident with cord-cutting. According to research from eMarketer, about 50 million Americans will abandon cable and satellite TV by 2021, up from 20 million this year.By being a first mover, Netflix has some significant competitive advantages that should last for quite some time. The company's name has become of top-of-mind for streaming. The company also has a lead in critical areas like AI, which has allowed for more effective content creation. And yes, there is the scale of the user base. There are currently about 139 million subscribers across 190 countries. In other words, Netflix is winning the "land grab" of the streaming opportunity.To put things into perspective, look at some of the findings from Lab42, a market research firm. About 89% of streaming subscribers are customers of Netflix and the renewal rate is 93%. By comparison, AMZN's is at 75% and Hulu's is 64%.With high levels of customer loyalty, NFLX has been able to build a substantial recurring revenue stream. It also means the company is in a position to periodically increase the pricing. Bottom Line On Netflix StockNo doubt, there are notable risk factors for Netflix stock. The competitive environment is getting more intense. Some of the rivals include Disney (NYSE:DIS), CBS (NYSE:CBS), Amazon, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) and Apple (NASDAQ:AAPL).Although, interestingly enough, the most recent Netflix shareholder letter notes that the wildly popular game, Fortnite, is much more of a competitor! The reason is that it is essentially a big draw on people's attention.Another nagging issue is that content development can be dicey. Even with the power of analytics, there could still be a string of flops. Zynga (NASDAQ:ZNGA) is definitely an example of this. Despite having a large user base and large amounts of data, it has had a tough time creating engaging new titles.But for NFLX, there are few signs that the company is losing its touch in creating standout content. For example, its movie Bird Box has been streamed in 80 million homes.True, Netflix stock is far from cheap, with the forward price-to-earnings ratio at 54X. But then again, as we've seen over the years, this hasn't been much of a factor anyway, especially as the company should remain a leader in the disruption of the entertainment market.Tom Taulli is the author of High-Profit IPO Strategies, All About Commodities and All About Short Selling. Follow him on Twitter at @ttaulli. As of this writing, he did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post Netflix Stock Is All About The Innovatoras Dilemma appeared first on InvestorPlace.
- Barrons.com•yesterday
Apple’s Streaming Services Won’t Save the Company, Even If It Tops What Netflix Has Now, Says Analyst
Jefferies analyst Timothy O’Shea says that even if it gets 250 million subscribers by 2023–100 million more than Netflix now–that would only be 5% of Apple’s revenue.
- Market Realist•yesterday
Trump Declares a National Emergency: Was There One Already?
Trump Declares a National Emergency: Was There One Already?President Trump On February 15, President Trump announced a national emergency to help garner funds for the wall on the US-Mexico border. Declaring an emergency is among the rarely used
- Investor's Business Daily•yesterday
Warren Buffett, Top Funds Bought And Sold These Stocks In Q4
Warren Buffett and top hedge funds sold tech stocks like Apple, Netflix, Facebook and Alibaba in Q4, though the "Oracle of Omaha" bought bank stocks and GM.
- American City Business Journals•yesterday
Netflix back to work after shooter scare at L.A. headquarters
Reports of an active shooter at Sunset Bronson Studios hit Thursday, and a suspect was taken into custody, but it turns out he wasn’t armed nor even on the lot.
- Benzinga•yesterday
Q4 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios
The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling. Takeaways From ...
- Zacks•yesterday
CBS Corporation (CBS) Q4 Earnings & Revenues Increase Y/Y
CBS Corporation (CBS) fourth-quarter 2018 results benefit from its strong content portfolio across it traditional and over-the-top (OTT) platforms.
Market Realist•yesterdayDish TV Had Another Poor Quarter
The Latest Trends in Tech: Amazon, Google, Cisco, Apple, and Dish(Continued from Prior Part)Dish TV’s revenue continues to shrinkSatellite TV provider Dish Network (DISH) reported its fourth-quarter earnings results on February 13. The company’s
- CNBC•yesterday
Apple's biggest mistake under Tim Cook has been not buying Netflix, strategist says
A strategist told CNBC Friday that Apple needed to acquire a leading production studio to boost its services business with original content. Last week, J.P. Morgan analyst Samik Chatterjee said in a note that Apple should buy Netflix. Apple's biggest mistake under CEO Tim Cook has been not acquiring Netflix, a strategist told CNBC on Friday.
- Zacks•yesterday
The Zacks Analyst Blog Highlights: Apple, Lions Gate, Netflix and Amazon
The Zacks Analyst Blog Highlights: Apple, Lions Gate, Netflix and Amazon
- Zacks•yesterday
The Zacks Analyst Blog Highlights: Caterpillar, Netflix, Philip Morris International, Altria and Verizon
The Zacks Analyst Blog Highlights: Caterpillar, Netflix, Philip Morris International, Altria and Verizon
- Financial Times•2 days ago
[$$] Netflix: licence to bill
Netflix has agreed to pay $19.3bn for television shows and films it wants to stream in the future. All told, Netflix is on the hook for some $24bn. Given the company is free cash flow negative and expects to remain so in the foreseeable future, that suggests it will need to raise more debt soon.
- Financial Times•2 days ago
[$$] Best of Lex: your weekly round-up
Dear readers Many globetrotters will mourn the A380 jumbo jet. When Airbus announced the demise of the world’s biggest passenger plane this week, the dismay was not confined to employees. The idea of an ...
- Financial Times•2 days ago
[$$] Netflix’s The Umbrella Academy — enjoyably dysfunctional superheroes
With its bright colours and zany plotting, The Umbrella Academy (Netflix, from Friday) occasionally nods to its original format as a sequence of graphic novels in overhead shots of pleasing symmetry and stylised movement. With the sudden death of their adoptive father, a billionaire whose sharp whistles and quick-march approach to childcare recalls Captain von Trapp, they return to the family mansion to squabble, fist-fight, trade insults and — a very long way down the list — uncover the truth behind his demise.
- Zacks•2 days ago
Buy Netflix (NFLX) Stock on the Dip While You Still Can?
Shares of Netflix (NFLX) have soared over 55% since Christmas, to crush Facebook (FB), Amazon (AMZN), and its other FAANG peers. Despite this impressive resurgence, NFLX stock rests roughly 15% below its 52-week high.
- Barrons.com•2 days ago
CBS Stock Falls Because Keeping Up With Netflix Is Expensive
Quarterly revenue and earnings are up at the broadcast company but not as much as Wall Street had hoped. Blame increased spending on content.
- Investor's Business Daily•2 days ago
Apple Planning Star-Studded Launch For Streaming Video Service
Apple reportedly plans to hold a high-profile media event replete with Hollywood stars to launch its long-awaited streaming video service. Apple is looking to hold the event March 25.
- Zacks•2 days ago
Top Analyst Reports for Caterpillar, Netflix & Philip Morris
Top Analyst Reports for Caterpillar, Netflix & Philip Morris
- InvestorPlace•2 days ago
Scoop Up Netflix Stock for More Upside
Netflix (NASDAQ: NFLX), the pre-eminent streaming service and content provider, is up a stunning 33% year to date. Granted, in the past year Netflix stock is only up about 34%, which means there were some lean months in there when FAANG stocks got hit with the rest of tech. But given the performance of the major indexes over the same timeframe, even that 34% return is pretty strong.Source: Shutterstock But the bullish story carries beyond just NFLX. All the FAANG stocks have been roaring back in 2019. The thing with Netflix stock is that it isn't coming back from a slow quarter or weakening revenue or troubles with governments over privacy issues. It has just been plugging along grabbing subscribers, adding to programming and expanding services.Granted, Netflix stock is trading at a staggering trailing P/E of 130. But it has 139 million subscribers in 190 countries and while it may be running out of countries, it still has plenty of potential subscribers to tap into.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnd the thing about NFLX is, there is a knock-on effect to it since its content has such a buzz around it almost continually. And because of it powerful content, it is even changing lifestyles. * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? In an article in Forbes, a recent study is mentioned where 30% of adults aged 18-54 would give up sex in exchange for Netflix. And 10% admitted dating someone just to use their Netflix account.There are few services in history -- especially that cost around $10 a month -- that have those compelling statistics. Netflix Stock Has Built a Moat of Original ContentAnd the fact is, it's Netflix's programming that is such a draw. While other media and e-commerce companies provide content, no one is focused on this specific sector like NFLX. And that has created significant competitive advantages.For example, while movie companies have to lean toward feature length films, and television studios establish their brand in episodic content, NFLX has been a format agnostic, since it owns the distribution platform. It doesn't have to worry about selling its products to distributors or networks.NFLX also bypasses censorship issues since it's a subscription-based service and usually falls under different regulations than free television or movie theater content with ratings boards. This is of great help in global markets since standards can vary widely.What's more, content and streaming is the sole focus for NFLX. Netflix isn't selling cloud computing or search or advertising or blankets. It does content. And because of that its revenue is driven by one focused thing -- good content.For example, the new buzz is that Spike Lee is in distribution talks with Netflix for his next movie. And at Berlin's Drama Series Days, Netflix just unveiled new German and Norwegian programming (much of which will likely be dubbed into English and other languages for global distribution).And India is still a work in progress, although NFLX is already distributing shows locally and internationally as a first step.Yes, Netflix stock is seemingly expensive, but its growth path is still strong and bright.Louis Navellier is a renowned growth investor. He is the editor of four investing newsletters: Growth Investor, Breakthrough Stocks, Accelerated Profits and Platinum Growth. His most popular service, Growth Investor, has a track record of beating the market 3:1 over the last 14 years. He uses a combination of quantitative and fundamental analysis to identify market-beating stocks. Mr. Navellier has made his proven formula accessible to investors via his free, online stock rating tool, PortfolioGrader.com. Louis Navellier may hold some of the aforementioned securities in one or more of his newsletters. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 U.S. Stocks That Are Coming to Life Again * The 7 Best Video Game Stocks to Power Up Your Portfolio! * 5 Tips to Become a Better Stock Trader Compare Brokers The post Scoop Up Netflix Stock for More Upside appeared first on InvestorPlace.
