Morgan Stanley is also staying bullish on Netflix. It said it's encouraged by Netflix's ability to gain subscribers with its original programming. Moran Stanley's equity analyst who tracks Netflix, Benjamin Swinburne, said the recent pullback in the stock "offered an opportunity for those taki...
Also, we should mention that NFLX has a PEG ratio of 2.03. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Broadcast Radio and Television industry stood at 1.01 at ...
Netflix (NFLX) ended the recent trading session at $365.93, demonstrating a -1.98% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily gain of 0.43%. On the other hand, the Dow registered a gain of 0.19%, and the technology-centri...
That said, there is no denying that Netflix is a great company, but NFLX stock is just too expensive. The best that investors can hope for is that Netflix stock continues to slide, and that maybe it will fall low enough for them to pick up some shares below $50. Seeing as how that...
Netflix stock
he doesn’t think the company’s earnings stream over the next two or three years justify its current stock price. “There’s a lot of uncertainty in what direction Netflix is going to go,” concurs Michael Corty, an analyst at Morningstar (MORN), who has a sell rating on the stock...
Supporters of cryptocurrencies have touted them as, among other things, a good hedge against inflation and a safe haven when the stock market slumps. They've been neither of those things this year. Bitcoin sank from nearly $69,000 in November to below $20,000 this month, partly due to th...
Notably, Netflix willno longer reportquarterly subscriber numbers starting with the Tuesday results. The stock, which ended yesterday a bit over $842, is up roughly 70% over the past 12 months.
Welcome to the exciting world of investing in stocks! As a savvy investor, you may have come across the term “leaps” in your journey. But what exactly is a leap in stocks, and how does it differ from regular stock investments?
Netflix’s stock price jumped more than 50% that year. Six months later, at a conference in Los Angeles, Hastings reprised the line, adding a coda: “And we’re winning!” Netflix wasn’t the only company that seemed to break away at this time. The entire tech industry — Amazon, ...