|Bid||284.2100 x 800|
|Ask||284.2600 x 1200|
|Day's Range||282.1740 - 290.8400|
|52 Week Range||178.3800 - 423.2100|
|Beta (3Y Monthly)||1.81|
|PE Ratio (TTM)||102.10|
|Earnings Date||Jan 21, 2019 - Jan 25, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||399.78|
Earlier this week, Netflix CEO Reed Hastings told Bloomberg that the company was planning to test a cheaper version of its streaming service, and now we're beginning to see what those lower cost options will be. Malaysian news outlet The Star reports that Netflix is now offering a new tier in the country -- a mobile-only plan priced at RM17 ($4). The next most expensive plan in the country is Netflix's Basic option, which costs approximately $8 (RM33).
Netflix, Inc. ( NFLX) stock printed money for happy shareholders for more than two years, rising five-fold into June 2018's all-time high at $423.21. Ominously, price action into mid-November has drawn the right shoulder of a nine-month head and shoulders pattern, warning that a breakdown could target an equally destructive decline into 2019.
Netflix (NFLX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
In a recent interview with Reuters, Netflix CEO Reed Hastings said that the streaming giant is planning to offer a lower-priced tier in some markets to boost its subscriber base, a closely-watched metric as the company seeks to greater penetrate international markets. One of Netflix's main challenges is balancing its imperative to grow new subscribers -- a hard-to-predict and closely-watched metric that can vary greatly by season -- with the prospect of raising prices to offset losses.
Google parent Alphabet Inc.'s stock edged up 0.4% in premarket trade Thursday, but the price chart is on track to producea bearish "death cross" pattern, which some technicians believe marks the spot a short-term decline morphs into a long-term downtrend. The stock's 50-day moving average is poised to open at $1,129.585 while the 200-day moving average is set to open at $1.129.95, according to FactSet. Meanwhile, the last "death cross" appeared on June 24, 2016, which was one day before the stock bottomed at a correction low of $681.14. Alphabet's stock would become the second "FANG" stock to produce a death cross, after Facebook Inc.'s death cross appeared on Sept. 20. Netflix Inc.'s stock is close, with a death cross likely to appear early next week, while Amazon.com Inc.'s stock could be weeks away at the current pace of decline for its 50-day MA. The S&P 500 is also weeks away from producing a death cross.
For the tenth consecutive month, the so-called FAANG and BAT stocks—the US stocks Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Google (GOOGL) and China’s Baidu (BIDU), Alibaba (BABA), and Tencent (TCEHY)—remained the most crowded trades. However, investors’ sentiment seems to be shifting, as only 29% of the respondents determined them to be the most crowded trade as compared to 32% last month and 36% a month before that.
The video streaming giant's gains were built around its quarterly reports, but its investors don't really care about traditional earnings figures yet.
Cardi B is getting into reality television, as a judge on an upcoming hip-hop competition series on Netflix. Yahoo Finance’s Dan Roberts, Melody Hahm, and Sibile Marcellus discuss.
Today's major tech stories include Netflix's testing of a cheap mobile plan overseas, Google's Night Sight going live on the Pixel 3 and Google's Assistant receiving routines for specific Android apps.