The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
The stock market appears to be in turmoil right now. Many of the hottest tech names are sinking, as investor sentiment sours on the future of the economy, uncertainty builds around an interest rate cut path given inflationary pressures, and spending is being called into question by many of the mega-cap tech names which are driving the economy forward.
Netflix Inc (NASDAQ:NFLX) recently announced a 10-for-1 stock split, with trading on a split-adjusted basis set to begin next week.
NFLX's 90% price drop stems solely from its 10-for-1 split as the company enters a new phase backed by strong operational momentum. Hold the stock for now.
The Investment Committee give you their top stocks to watch for the second half. Jenny Harrington also highlights her sale of WPP.
After the post-earnings pullback, new debates around NFLX's terminal value have emerged. Angst around YouTube's rising engagement share inherently misunderstands the use case NFLX serves. We view NFLX as a premium video asset that continues to undermonetize relative to the value it generates.
Recently, Zacks.com users have been paying close attention to Netflix (NFLX). This makes it worthwhile to examine what the stock has in store.
Netflix has been building out its original content library and now has enough popular programming to warrant a major investment in the retail space. The streaming giant has partnered with toy companies like Hasbro, Mattel and Jazwares to bring merchandise to store shelves across a broad range of segments.
Unsuspecting Netflix (Nasdaq: NFLX) investors might be startled this morning if they glance at a stock price chart for shares in the TV streamer.
Netflix Inc. (NASDAQ: NFLX) shares are up 31% so far this year, while the S&P 500 is 13% higher.
Splits don't change the value of a company, but they are designed to make a stock more affordable for individual investors.
Disney (DIS) now generates more free cash flow than Netflix (NFLX). DIS's streaming (DTC) division has improved from a $4 billion loss three years ago to a more than $1 billion profit. Management prioritizes profitable growth by treating streaming as one of several content distribution channels.