Home Tags Netflix stock price
Tag: netflix stock price
Netflix, Disney, and Roku tumble after Apple announces its streaming service will be cheaper than rivals
Apple announced its streaming platform will cost $4.99 per month, and customers who purchase a Mac, iPhone, or Apple TV will receive year free.
Netflix shares jumped more than 5% Tuesday after the streaming giant rolled out its biggest price increase for US subscribers.
Netflix's market-capitalization gain over the past 12 days equals 12 DreamWorks Animations, 12 Lionsgates, 10 Rokus, or 5 Hulus, Left said.
Netflix on Friday was under pressure for a third straight session, down as much as 7.3%, and on track for its lowest close since January.
Shares of Netflix rose about 2.5% Friday, to $347 following an upgrade from SunTrust analyst Matthew Thornton, who says new momentum in India is a good opportunity to get shares of the company relatively cheap.
‘The day every investor was waiting for:’ Here’s what Wall Street is saying about Netflix’s disappointing subscriber numbers
Still, plenty of analysts found a silver lining among the letdown, without multiple analysts upgrading the stock or raising their price target — their average is now $372, according to Bloomberg data.
Netflix shares have had an amazing ride this year, and many are wondering what the stock will do next. The video-streaming giant has proven a dominant force in the US, and is plans to do the same internationally. See what the stock could do after Monday's earnings.
Netflix's funds a large portion of its content spend by borrowing money, and that could be impacted as borrowing costs rise when the Federal Reserve hikes interest rates.
Potentially explosive international subscriber growth is already priced into Netflix shares, UBS analyst Eric Sheridan wrote in a note out to clients. Sheridan downgraded the stock from "buy" to "neutral."
Netflix’s US growth is stalling — but there’s another 30 million subscribers to be had, Bernstein says
"90 million subscribers strikes many investors as very hard to believe," the firm said in a note to clients Tuesday. "We believe Netflix is a superior product for entertainment programming, in almost every way, compared to conventional TV, so why not?"