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Netflix, Inc. (NFLX)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
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169.126+3.036 (+1.828%)
As of 12:10PM EDT. Market open.
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  • j
    jack
    jack
    Everyone leaving NFLX ....DIS ,ABC ,NBC ...CBS ,HBO ...FOX (soon) soon NFLX will have only very few contents ....I'm cancelling my NFLX and taking Movie pass for $10 ...Get out of NFLX don't be a bag holder of this Pig trading 7 times salesis unusual for a 20 year old company ....I won't be surprised if NFLX goes bankrupt in 5 years ...
  • R
    Richard
    Richard
    Netflix fell 2.3% to 166.09 today, closing just below a 166.97 flat-base buy point cleared on July 18. While Netflix is not that far below the entry level and holding above its 50-day moving average, the stock has now erased a 15% gain. You don't want to see stocks with 10%+ gains turn into losers. Just wait when holders start selling to protect paper profits. Never hurts to take a profit. You are not going to see new highs again for a very long time if ever.
  • P
    PM
    PM
    The momentum reversal is confirmed. Technical support is breaking down. Filling the gap back to 163.22. Bot algos will start to trigger more selling. Then moving down to low 140s. MMs are working hard to keep things orderly and preventing a pps collapse. The only reason that they can is because 90% of the float is held by institutions, hedgies, and insiders, They do not want to #$%$ 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.
  • N
    Nobody
    Nobody
    Going to ZERO in 2 years. Netflix is the new Block Buster Video.
  • 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?
  • Y
    Yeah Pete!
    Yeah Pete!
    214 p/e ratio. whose gonna be left holding the bag?
  • 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
    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."
  • P
    PM
    PM
    Filling the gap. Technicals shifting. After gap is filled support will be harder to maintain. If it dips below support, bot algos will trigger sells.
  • i
    i
    i
    netfix receives hammer job! Enters bear market, down 40 from $191
  • 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.
  • J
    Jay
    Jay
    Forget the financials for a minute...What's so special about Netflix anyway!?? Last time I checked they only had old old movies and somewhat current TV shows. Those TV weren't even good IMO. The only movies I could see people watching were the kids movies, but Disney took out their's so now what! I never liked Netflix, but then again that was a while ago. Not sure how they've changed. Xfinity has much better selection.
  • 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
  • J
    Jon
    Jon
    Nice action today as markets sell off; holding in nicely which is a concern to shorts,
  • 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
  • i
    i
    i
    remebmer mart mahenny of Rbc's # 1 pick, Nflx! nOW down ytd
  • 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.