333.00 -0.13 (-0.04%)
After hours: 5:40PM EDT
|Bid||332.95 x 1100|
|Ask||333.25 x 1100|
|Day's Range||327.00 - 339.20|
|52 Week Range||178.38 - 423.21|
|Beta (3Y Monthly)||1.16|
|PE Ratio (TTM)||151.22|
|Earnings Date||Oct 16, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||380.83|
Netflix getting its price target slashed by both Goldman Sachs and Raymond James ahead of its highly expected earnings report tomorrow. Both firms are concerned that rising interest rates could pinch the company’s valuation.
Netflix and the UK's BBC One are teaming up on a three-part Dracula series, which the British broadcaster will air in the UK and Netflix will premiere outside of the UK. Each part will be 90 minutes long and the series is written by Steven Moffat and Mark Gatiss, the creators of Sherlock.
The streaming giant, which reports third-quarter 2018 earnings on Tuesday after the markets close, saw huge subscriber growth during the period in India, by some third-party estimates.
In possibly its biggest coup since landing a film from the legendary director Martin Scorsese, Netflix has picked up a movie starring one of Hollywood’s go-to hitmakers, Dwayne “The Rock” Johnson. Netflix won the rights to Johnson’s upcoming project, an action film called John Henry and the Statesmen that will see the Rock lead an…
Technology stocks' painful sell-off dragged into another session on Monday. FANG stocks Amazon AMZN , Netflix NFLX and Alphabet GOOGL tumbled by more than 1 percent, while industry leader Apple AAPL fell 2 percent. John Stoltzfus, chief market strategist at Oppenheimer Asset Management, says investors will jump back into a space that is now cheaper than before.
TheStreet's Julie Iannuzzi covered Jim Cramer's investing boot camp. Nvidia (NVDA - Get Report) has long been a favorite of TheStreet's founder and Action Alerts Plus Portfolio Manager Jim Cramer, but he told a packed audience Saturday at his Boot Camp for Investors in New York why his charitable trust recently sold out of the stock.
As the next set of quarterly results from Netflix approaches, the stock lost ground Monday amid scaled-back price targets from some analysts.
Shares of on-demand streaming giant Netflix Inc. ( NFLX) were among the hardest hit by last week's sell-off, which sent a shock wave across the global markets and disproportionately weighed on U.S. tech titans. While Netflix stock is still up a whopping 76.9% year-to-date (YTD), outperforming the S&P 500's 3.5% gain and the tech-heavy Nasdaq Composite Index's 8.6% increase over the same period, it has fallen 20% from highs reached in July before posting second-quarter results. Now, Todd Gordon, founder of TradingAnalysis.com, indicates that key technical developments in Netflix's chart make him more cautious on the once-red-hot FAANG stock.
Tech stocks were sharply lower Monday. FANG stock Netflix had its price target cut by two separate analysts.
"For earnings, the bar is set a little lower than it was in July," Eric Jhonsa, columnist for TheStreet said at Jim Cramer's teach-in event on Saturday. ) have "overstayed their welcome," meaning that their high earnings multiples might be too high now, Netflix could still very much remain a growth stock. Not only could Netflix be a good pre-earnings play, it could be positioned to maintain its competitive edge in streaming.
Will earnings come to the rescue? Can earnings temper the market turmoil? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.