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Netflix, Inc. (NFLX)

NasdaqGS - NasdaqGS Delayed Price. Currency in USD
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169.98+1.48 (+0.88%)
At close: 4:00PM EDT
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  • P
    PM
    PM
    The momentum reversal is confirmed. Technical support is breaking down. Filling the gap back to 163.22. Bot algos will start to trigger more selling. Then moving down to low 140s. MMs are working hard to keep things orderly and preventing a pps collapse. The only reason that they can is because 90% of the float is held by institutions, hedgies, and insiders, They do not want to #$%$ the market by aggressive selling instead have been slowly decreasing their nflx holdings, booking profits and positioning to profit from the downward momentum. While Goldman and their ilk continue to pump, blow smoke, mislead, and deceive. But the cat is out of the bag now. The constant reiterations of the shills, hawkers, and pumpers are not very convincing anymore. They benefit of the doubt is gone. The growing closer scrutiny, evaluation, analysis, number crunching, realistic projections from numerous diverse unbiased credible sources all agree that nflx pps present absurd extreme over valuation is unjustifiable . The hand writing is on the wall and the wall is crumbling. Greed is turning into fear. Short interest remains low but congregating on the sidelines cautiously waiting to pounce. Technical support eroding. Momentum reversing. The zealots who remain blind to these facts are putting any paper profits or real principle investment at great risk. There are so many less risky good investment opportunities for the individual investor.
  • J
    Joe
    Joe
    Among many other who are all coming to the same conclusion is Barrons, Jack Hough, who noted that Netflix's cash burn this year would be between $2 billion and $2.5 billion, and that it is financing its spending "with junk-rated debt." At $171 a share, its stock price is very high, even though its profits are minimal. It is spending an enormous sum this year--$6 billion or so--licensing and creating content. (By comparison, HBO will spend about $2 billion this year on content.) Although Netflix now has over 100 million subscribers worldwide, its subscriptions don't cover all of its costs, which raises the question of what will happen if the company ever raises its prices significantly. Would that cause subscribers to abandon the service, which would cause the stock to drop, which would make it harder to get the debt-financing it relies on?
  • N
    Nobody
    Nobody
    Going to ZERO in 2 years. Netflix is the new Block Buster Video.
  • E
    Erik Stubblebine
    Erik Stubblebine
    I have been a Netflix subscriber for years. Yesterday I sent Netflix the following email:
    "To Whom it May Concern,

    I have been a member of Netflix for years. When I first subscribed Netflix was a viable alternative to cable, allowing me to "cut the cord". What made that possible was the great job they did in aggregating and curating other peoples content into an easy to use, affordable platform. That has been changing over the years, to the point where Netflix is becoming indistinguishable from other content providers like HBO GO or Showtime. When Netflix decided to produce their own content to the exclusion of aggregating others content the rational for subscribing vanishes. In a few days you will be cutting further content I enjoyed. Ever month the viewing options diminish as that money is spent on Netflix own content. I am almost to the point of cancelling my membership if this continues in the aforementioned direction.

    Signed,

    One Unhappy Netflix Customer.

    P.S. I suspect this isn't the first letter like this you've received. I also expect your membership numbers to fall and, hence, your share price."
  • j
    jean
    jean
    Internet Customers always stick to the first comers . Netflix Is the one and will stick to the first place, whatever happens. It's like saying google will loose the first place one day...
  • E
    E4
    E4
    AAPL is coming for Netflix so is Disney and Amazon with this lofty valuation it's not a long time bet too risky.
  • B
    Basic
    Basic
    These fund managers are SO deep in the CALLS that they purchased, that they will pump this up any chance they get. Using other peoples money for a stock like Netflix, is the WORST gamble in history. Nobody is going to want this "service", as all companies are leaving them and doing their own work. Netflix has NO future.
  • K
    King John
    King John
    Again I am right. Pumpers were out today praising this POS. Face it. Most subscribers get the service for the kids. Disney is 99% of the children's content. A bigger blow is netflix's biggest cheerleader is turning
  • K
    King John
    King John
    Barron's cover story on NETFLIX. Pumpers will be out in full force Monday to stop the bleeding as a result.
  • k
    kris
    kris
    The stock may be overvalued, but you older folk fail to realize almost every single person in my age bracket has Netflix or will get Netflix. Screw Disney. the vast majority of Netflix users watch Netflix content not Disney lol Id hold...shorts will get pummeled until the stock reaches 200's
  • M
    Marcos
    Marcos
    Any thoughts on value added by signing Shonda Rhimes to Netflix? I calculate an increase in international subscription of double digits for 2 years straight
  • J
    Jackie
    Jackie
    NFLX has been a GREAT company. provided great service at good price. Thats the point it has been, it is now on the down slope. Everyone and their dog is coming into the streaming business. I really prefer TUBITV and .it is totally FREE as is several others. The writing is on the wall, NFLX is over priced and within the next year will begin to see subscribers fall, have to lower prices to compete, and they will only have their own content. Most of the networks are streaming abc, cbs, nbc, Amazon, Google, the list grows and grows. Too many cooks in the kitchen spoil the stew.
  • J
    Jon
    Jon
    Stock will trade at $200 before $150. Shorts give it up, how much more $$$ can you afford to lose...A short covering rally will conclude with this stock trading near or at $200.
  • H
    Hamlet
    Hamlet
    NFLX could be overvalued but if you short it now you will be blowed out the water. High flyers can stay overbought and overprice for a long while. You are a fool if you shorting NFLX.
  • i
    i
    i
    nflx getting a hammer, expect FB, to follow.
  • P
    PM
    PM

    http://www.barrons.com/articles/the-trouble-with-netflix-1502510711

    The Trouble With Netflix
    Netflix is shelling out billions for new programming, but it owns few of its top shows—and the Disney bailout bodes poorly for shares.
    www.barrons.com
  • T
    TheeJew
    TheeJew
    after exactly predicting what will happen to CMG stock when it hit $ 498, some of you here asked me to give my opinion about NFLX , i have been reluctant to short , but this one topped ...the behaviour today was very revelaing in the biggest SPY day for the summer NFLX could not hold it together ...at PE 221 , i predict they will come out with bond offering and this will be the end of high flyer NFLX...three words...selll while you still can

    Thee Jew Knows Best!
  • C
    Carolyn
    Carolyn

    https://finance.yahoo.com/news/barrons-ponders-future-netflix-220504203.html
    Barron's Ponders The Future Of Netflix

    Barron's Ponders The Future Of Netflix
    The cover story in this weekend's Barron's features a look at how vulnerable the video streaming giant is now as it faces big changes. In an interview, a renowned stock picker from Fidelity share his thoughts ...
    finance.yahoo.com
  • K
    Ken
    Ken
    Here is desperation of Conman Thug Reed Hastings Free loot gang on Fraud Wall Street Casino in USA

    DISNEY has put final nail in coffin of NETFLIX FRAUD STOCK SKELETON to bust WORLDCOM style in 2018/19

    This Story reveals it all: DISNEY will not leave any content at NETFLIX, these Fraud rumors will not prevail and nothing can stop for SCAMFLIX HOUSE OF CARDS aka NETFLIX Stock to go bust Worldcom style in 2018/19

    NETFLIX WHUSTLEBLOWER will bee vindicated & Entire Fraud loot gang has to be arrested and Free loot in $10's of Billions Seized from the Nexus Fraud stock manipulation loot gang

    Proven Traitors & high Treason criminals at SEC/FINRA/DOJ/FBI/FSC/OBAMA GANG will also have to be arrested to free USA & 99% from Home grown financial Terrorists

    Netflix and Disney are trying to make a deal
    Yahoo Finance Video•August 11, 2017
    Just days after the surprising announcement that Disney's pulling content from Netflix to start its own streaming service, Reuters is reporting the two companies are still in active discussions to keep Marvel and Star Wars content on Netflix! Yahoo Finance’s Alexis Christoforous, Melody Hahm, and Dan Roberts discuss the streaming giant’s hope to keep the ‘Force’ with them.
  • J
    Joe
    Joe
    The entire MODEL is changing -- Disney is responding to the technology changes with their choice to start doing their own streaming. The whole idea of "subscribers" or a "subscription service" is going to end. Everything will be a la-carte.