269.50 -1.44 (-0.53%)
After hours: 5:02PM EST
|Bid||269.50 x 800|
|Ask||270.48 x 1200|
|Day's Range||264.09 - 275.75|
|52 Week Range||185.22 - 423.21|
|Beta (3Y Monthly)||1.81|
|PE Ratio (TTM)||96.70|
|Earnings Date||Jan 21, 2019 - Jan 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||391.24|
Netflix fiercely guards viewer numbers with the utmost secrecy, but there are often indicators of how popular a show is among subscribers. Take Chilling Adventures of Sabrina, for example. The reboot of the teen witch franchise only launched in October, but already has a holiday special and a confirmed second season, which will drop April 5th.
Netflix stock has fallen out of favor with investors because of high content spending and negative free cash flow, a Wall Street analyst says. Bernstein cut its price target.
Using Nvidia, Netflix and Facebook, see timely tips on investing in stocks hidden within the holiday classics featuring Rudolph, Frosty and Scrooge.
“We strongly object to the idea that new competition will ‘take share from Netflix,’” wrote Bernstein analyst Todd Juenger, who sees over 50% upside in Netflix stock.
Netflix Inc. may have a cantankerous relationship with movie theaters, but streaming isn’t killing moviegoing, according to new research. In a study by EY’s Quantitative Economics and Statistics Group (QUEST), “Those who attended movies in theaters more frequently also tended to consume streaming content more frequently.” For example, among consumers who went to nine or movies in the previous 12 months, the mean streamed 11 hours of content per week.
Steve Burke, head of the Comcast Corp. division, suggested that the company might unveil an online TV service in 2019 -- though it’s hard to know how seriously to take a message written in the rhyming style of Dr. Seuss. Burke, who oversees the NBC network, cable channels such as USA, and the Universal theme parks and movie studio, has yet to announce a streaming product like those planned by rivals Walt Disney Co. and AT&T Inc.’s Warner Media next year. In his holiday note, Burke also lamented that Comcast lost out to Disney in a bidding war for 21st Century Fox’s entertainment assets.
Index (PMI) data, output in the Technology sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Streaming giant Netflix (NFLX) has had a robust subscription business model, which has led to its success over the last few years. Since then, more companies—streaming or otherwise—have switched to the subscription model and have found success globally as well. App research company Sensor Tower compiled a list of the top ten highest-grossing iPhone and iPad apps through Business Insider.
Steve Cohen‘s Point72 Asset Management began managing outside capital in 2018 after operating for several years as a family office following Cohen’s former hedge fund SAC Capital Advisors being involved in one of the 10 Biggest Insider Trading Scandals Ever to Rock Companies. That’s great news for investors, who have reportedly poured $5 billion of […]
Facebook (FB) has been looking to diversify its business away from online advertising for some time. Facebook has been trying to grow its premium video content on its “Watch” platform. In August, Facebook acquired the rights to broadcast UEFA Champions League in Latin America.
US e-commerce giant Amazon (AMZN) has seen a sharp sell-off in the fourth quarter so far—much like all the other tech stocks. In the third quarter, AMZN impressed investors with solid 17.8% positive returns, but it has lost about 20.5% in the fourth quarter so far as of December 14. While investors continue to wait for Amazon to recover, many analysts have turned negative on the stock lately.
With 2018 looking like a lost year for Apple stock, investors are wondering what’s in store for 2019. Apple likely will make headlines with a streaming video service and revamped AirPods.
Hulu recently added PayPal’s (PYPL) Venmo as a payment option, making it the first online video service to accept Venmo payments. With Venmo, Hulu is giving customers more options to pay for its service. The Venmo payment option will initially be available to customers signing up for Hulu service for the first time, with the rollout to existing Hulu subscribers expected to come later.
Netflix's stock is a victim of the current "risk-off environment" despite no change to the streaming video provider's fundamentals and earnings potential, Sanderson said in a Monday note. Shares of Netflix were trading higher by 1.4 percent late Monday morning.
Netflix Inc. is staging an ABC reunion. Channing Dungey, who stepped down from her post as president of ABC Entertainment a month ago, is joining the streaming giant as vice president of original content. In the newly created role, Dungey will work with Holland to set strategic direction as well as oversee a large portion of Netflix’s slate, including some of the company’s overall deals with such showrunners as Shonda Rhimes and Kenya Barris, who left ABC for the streamer during Dungey’s tenure there.
London-based media analytics firm Ampere Analysis reckons that the two giants will collectively end up spending $22 billion creating or buying entertainment content before this is even over. While certainly a big number, the biggest spend in the industry, in fact, current and prospective owners of Disney stock needn’t over-react. Rivals ranging from Amazon.com (NASDAQ:AMZN) to Netflix (NASDAQ:NFLX) to Comcast (NASDAQ:CMCSA) are all spending massive amounts on content, ultimately looking to generate even more revenue with it.
Talking to CNBC, “bond king” and DoubleLine CEO Jeffrey Gundlach said of the Federal Reserve, “I think they shouldn’t raise [rates] this week. Gundlach added that the Fed has shouldn’t have kept rates (AGG) so low for this long. As we highlighted in What Will the Fed’s December Meeting Mean for Markets?, the Fed is widely expected to raise the interest rates (BND) by 25 basis points at its December 18–19 meeting.
Michael Graham, managing director and senior equity analyst at Canaccord Genuity, and CNBC's Mike Santoli discuss the F.A.A.N.G rally with CNBC's "Squawk Alley" team.
ET caught up with the stars of the hit Netflix show, Nicole Byer and Jacques Torres, at the 'Nailed It' Holiday event in Hollywood.