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Netflix, Inc. (NFLX)
After hours:
| Previous close | 607.15 |
| Open | 607.50 |
| Bid | 616.95 x 100 |
| Ask | 617.62 x 100 |
| Day's range | 607.50 - 622.45 |
| 52-week range | 315.62 - 639.00 |
| Volume | |
| Avg. volume | 4,242,506 |
| Market cap | 267.238B |
| Beta (5Y monthly) | 1.22 |
| PE ratio (TTM) | 51.37 |
| EPS (TTM) | 12.02 |
| Earnings date | 18 Apr 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 626.47 |
- Yahoo Finance Video
JPMorgan names Amazon 'best idea' in 2024
As the first quarter earnings season progresses, analysts at JPMorgan (JPM) have taken a bullish stance on the internet sector. The investment bank is particularly positive about names like Netflix (NFLX), Meta (META), and Uber (UBER). However, JPMorgan's top pick among the group is Amazon (AMZN), which the firm calls its "best idea" for 2024. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
- Yahoo Finance Video
Netflix earnings: One analyst shares what she is watching
Netflix (NFLX) shares are up nearly 25% year-to-date. The streaming giant is set to release its first quarter results on Thursday, April 18, after the market close. Wedbush Securities Vice President of Equity Research Alicia Reese says a couple of things have driven the share price higher: the company's password-sharing crackdown and the launch of its ad tier. On the ad tier, Reese thinks it will become accretive over the course of the year and will grow even more in 2025. Reese argues that, ultimately, ad-tier subscribers will prove to be more valuable than premium-tier subscribers because more advertisers will come aboard as the tier grows. When it comes to earnings, Reese says she does think Netflix will beat expectations, noting that she's watching free cash flow growth given that "they have not had to materially expand their content spend over the last quarter because they're really leaning into more licensed content and not quite as much original content." Watch the video above to hear what Reese says about more live sports content coming to Netflix. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Stephanie Mikulich.
BenzingaNetflix Q1 Earnings Preview: Subscriber Growth, Potential Price Increase, Ad-Tier Plan And More On What Wall Street Expects
Streaming giant Netflix Inc (NASDAQ:NFLX) is set to report first-quarter financial results on Thursday, April 18, 2024, after market close. Here's a look at earnings estimates, what analysts are saying and key items to watch. Earnings Estimates: Analysts estimate Netflix will report first-quarter revenue of $9.275 billion, according to data from Benzinga Pro. The streaming company reported revenue of $8.162 billion in last year's first quarter. The company has beaten Street estimates in two of t
