|Bid||327.50 x 100|
|Ask||327.75 x 100|
|Day's Range||326.00 - 336.51|
|52 Week Range||143.40 - 338.82|
|PE Ratio (TTM)||262.22|
|Earnings Date||Jul 16, 2018 - Jul 20, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||294.79|
Netflix wows analysts with another blowout quarter that sends its stock to a record high, but cash burn and the need to raise subscription prices are highlighted as concerns.
Netflix Inc. on Wednesday unveiled 10 new European projects that include seven original series, two documentaries and one Italian film.
Wine producers around the world are taking steps to make their vineyards eco-friendly, an effort to take care of the land that supports their businesses.
Netflix (NFLX) recently posted better-than-expected earnings and revenues on April 16, 2018, which boosted the company’s stock price more than 6.0% in after-hours trading. Analysts have set a target price of $329.33 for the stock and a median consensus estimate of $348.50.
Netflix's revenue, subscriber count, and operating income are all rising rapidly. But the company's persistently negative free cash flow is bad news for long-term investors.
After years of expansion, profits are finally starting to ramp up at the leading streamer. Here's why the bottom-line growth is just getting started.
In 1Q18, Netflix’s (NFLX) subscriber base reached 125.0 million, up from ~98.8 million subscribers in 1Q17. However, due to the increasing demand for online viewing, some companies have gained influence in the online video streaming market.
Netflix (NFLX) has been spending aggressively on high-quality original content, which has resulted in negative free cash flows. In 1Q18, Netflix’s free cash flow was -$287.0 million due to high content spending. Netflix said it expects free cash flow from -$3.0 billion to -$4.0 billion this year, compared to free cash flow of -$2.0 billion in fiscal 2017.
Government bond yields climbing and a shrinking gap between short-term and long-term Treasury rates have prompted some consternation on Wall Street, driving equity prices lower as investors fret about what these dynamics mean for U.S. economic growth entering its ninth year of expansion. Netflix Inc. on Monday detailed stunning growth for a tech company that has been around more than two decades, as its hefty spending on content and international expansion pays off in a big way. The U.S. Department of Justice is investigating whether U.S. wireless carriers and an industry trade group teamed up to make it harder for cellphone subscribers to switch providers, according to people familiar with the investigation.
Netflix (NFLX) has been gearing up its growth efforts by investing in content and marketing to add and retain subscribers. Netflix expects to increase its marketing budget from ~$1.3 billion in 2017 to ~$2.0 billion for 2018. Netflix plans to invest $7.5 billion–$8.0 billion in 2018 to generate original content, up from $6.0 billion in 2017.
Netflix Inc. on Monday detailed stunning growth for a tech company that has been around more than two decades, as its hefty spending on content and international expansion pays off in a big way.
On the international front, Netflix (NFLX) added ~5.5 million streaming members in 1Q18. The company’s international streaming membership additions exceeded the analyst’s estimate of ~4.8 million members and the company’s January forecast of 4.9 million members. Globally, the streaming giant added ~7.4 million subscribers in the first quarter, reaching a total subscriber base of 125.0 million. In an earnings letter to shareholders, Netflix stated that its international segment contributes 50.0% of its total revenues and 55.0% of its memberships in 1Q18.
Netflix (NFLX) has posted sluggish growth in subscriber additions in the United States for the last several quarters. The company added ~7.4 million subscribers in 1Q18, out of which ~5.5 million were international subscribers.
Netflix started off 2018 on a strong note, as it beat its own subscriber guidance once again. The firm plans to increase the amount it is currently spending on content, however: Netflix now projects to have a cash flow burn of $3 billion to $4 billion in 2018, up sharply from $2 billion in 2017.
Apple became the largest public company in the world the old-fashioned way: charging lots of consumers lots of money. In recent weeks, that tension has grown, as Cook and Apple (AAPL) sought to distance themselves from Facebook (FB) and the uproar over user data. In a television interview, Cook, hardly a rabble-rouser, accused Facebook of building a business based on an “invasion of privacy.” “The truth is, we could make a ton of money if we monetized our customer—if our customer was our product,” Cook told MSNBC.
Satellite-television giant DISH Network Corp (NASDAQ:DISH) hasn’t been saved from the cord-cutting headwinds which have plagued the entire traditional pay-TV industry. Over the past several quarters, DISH has continued to lose traditional pay-TV subscribers and DISH stock has fallen by a whole bunch. A year ago, DISH stock was up at $60.
Essentially, the streaming video leader released another season of its popular show, "Impressive Earnings Beat," starring way more new subscribers than anyone expected.
For many people the purpose of cryptocurrencies, like Bitcoin (BTC), has always been a mystery. There is no such thing as a Bitcoin “coin”. The “Bitcoin Pizza,” bought with 10,000 coins in 2010, is now worth over $82 million.