The leading premium streaming service has a big financial update coming. It can't afford to miss.
Netflix's new games president, Alain Tascan, appointed Jeet Shroff as VP of games tech. Shroff, formerly of Epic Games, was tapped to promote consistency across Netflix's game portfolio.
Despite a hefty price tag of over $700, Netflix (NFLX) stock sports a Zacks Rank #2 (Buy) with the streaming giant's Q3 results approaching on Thursday, October 17.
Streaming services giant Netflix, Inc., has seen a robust 46% rise in its stock in 2023, and it's unlikely to be done yet. The upcoming Q3 2024 results can affirm that there's more upside to Netflix stock, with expectations of double-digit revenue growth, operating margin expansion and robust EPS increase. The stock's forward P/E still looks attractive too, and with further EPS increases seen in 2025, NFLX's prospects are positive.
Benchmark analyst Matthew Harrigan reiterated Netflix Inc NFLX with a Sell and a $545 price target.
The Investment Committee debate the latest Calls Of The Day.
Alicia Reese, Wedbush Securities vice president of equity research, joins CNBC's 'Money Movers' to discuss why her firm raised its price target, why Netflix is in a better position than its streaming competition, and more.
Netflix NFLX is set to release third-quarter 2024 results on Oct. 17 after market close. It is worth taking a look at the fundamentals of the world's largest video-streaming company ahead of its results.
Could Netflix stock reach $1,000 in the coming years? We think there is a real possibility.
Netflix is preparing to report its slowest subscriber additions in six quarters, as the benefits of its password-sharing crackdown begin to wane. Analysts anticipate the company added around 4 million new subscribers globally during the July-September quarter, according to estimates compiled by LSEG.
Netflix could report its slowest subscriber additions in six quarters on Thursday as gains from a password-sharing crackdown ease, with investors looking for signs its nascent ad revenue business is accelerating.
S&P 500 companies' profit is set to grow for a fifth straight quarter, with the consensus modeling earnings growth of 4.1% for the third quarter. Netflix, Inc. NFLX is the first high-profile communication services company to report this earnings season, with its earnings scheduled to drop after the market close on Thursday.