Netflix Tops Second-Quarter Views on Stronger-Than-Expected Membership Growth
Netflix (NFLX) late Thursday reported stronger-than-expected second-quarter results as the streaming giant's membership growth surpassed Wall Street's expectations.Revenue increased 17% year-over-
Netflix, American Express And 3 Stocks To Watch Heading Into Friday
With U.S. stock futures trading higher this morning on Friday, some of the stocks that may grab investor focus today are as follows:Wall Street expects American Express Company (NYSE:AXP) to report
Goldman Sachs Maintains Netflix(NFLX.US) With Hold Rating, Raises Target Price to $659
Goldman Sachs analyst Eric Sheridan maintains $Netflix(NFLX.US)$ with a hold rating, and adjusts the target price from $600 to $659.According to TipRanks data, the analyst has a success rate of 55.2%
Netflix Delay In Bringing Up AI At Earnings Call Didn't Escape Gene Munster: 'Not An AI Company'
Deepwater Asset Management's managing director Gene Munster noted Netflix Inc.'s (NASDAQ:NFLX) late reference to AI during the company's earnings call, saying that the streaming behemoth doesn't
Netflix's Earnings Top Expectations As Subscribers Surge
Netflix posted better-than-expected results for the second quarter as subscribers surged, though the streaming giant issued soft guidance for the third quarter. The company reported second-quarter revenue of USD$9.56 billion, up 16.8% year-over-year, and above analysts' estimates. Net income of USD2.15 billion or USD4.88 per share fell from the prior quarter but improved from USD1.49 [...]
Express News | Netflix Inc : Piper Sandler Raises Target Price to $650 From $600
Netflix Adds Eight Million Customers, Extending Lead Over Streaming Rivals
Netflix Inc extended its lead over the streaming competition, adding 8.05 million customers in the second quarter, and raising estimates for annual sales and profit margins.
Why Netflix and YouTube Are Miles Ahead in Streaming
Netflix Inc. wants Wall Street to think of it and YouTube as the top two streaming players, putting all the other streaming services in the category of also-rans.
Palantir, Netflix, Domino's Pizza, Eli Lilly, Tesla: Why These 5 Stocks Are On Investors' Radars Today
On Thursday, major U.S. stock indices were down, with the Dow Jones Industrial Average dropping nearly 1.3% to 40,665.03, the S&P 500 falling almost 0.8% to 5,544.59, and the Nasdaq decreasing 0.7% to 17,871.22.
Watch These Netflix Stock Price Levels After Streamer Issues Soft Outlook
Verizon has launched new yearly quotes and will offer bundled Netflix-Peacock streaming services.
On Thursday, verizon (VZ.US) released a new annual quote, bundling top streaming plans for Netflix and Peacock together.
Pivotal Research Maintains Netflix(NFLX.US) With Buy Rating, Maintains Target Price $800
Pivotal Research analyst Jeffrey Wlodarczak maintains $Netflix(NFLX.US)$ with a buy rating, and maintains the target price at $800.According to TipRanks data, the analyst has a success rate of 54.0%
Netflix executives interpret Q2 financial reports: free cash flow is expected to remain around $6 billion this year.
Netflix announced its Q2 financial report today. Its revenue was $9.559 billion, a YoY growth of 16.8%. Its net income was $2.147 billion, a YoY growth of 44%. Its EPS was $4.88, a growth from $3.29 in the same period last year. Netflix's Q2 revenue and EPS exceeded Wall Street analysts' expectations. The total number of paid subscribers for global streaming services also exceeded expectations. Netflix's forecast for Q3 EPS exceeded expectations, but its forecast for revenue did not meet expectations. After the financial report was released,
Buy Rating Affirmed: Netflix's Strong Market Position and Financial Performance
In a report released today, Jeffrey Wlodarczak from Pivotal Research reiterated a Buy rating on Netflix (NFLX – Research Report), with a price target of $800.00.
Netflix Keeps Streaming Crown With Continued Subscriber, Revenue Growth
Netflix continued to add new customers in the second quarter and raised the low end of its forecast for full-year revenue growth, a sign of its continued strength as legacy entertainment companies grapple with cable's demise.
Netflix Beats Subscriber Targets, Cautions Ad Revenue May Take Time to Ramp up
Netflix said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited from a password-sharing crackdown and the popularity of such titles as "Bridgerton," "Baby Reindeer" and "The Roast of Tom Brady."
Reigning supreme as the "king of streaming", Netflix (NFLX.US) added 8 million new users in Q2, far outpacing its competitors.
Netflix (NFLX.US) released its second-quarter performance results.
Global Equities Roundup: Market Talk
The latest Market Talks covering Equities. Published exclusively on Dow Jones Newswires throughout the day. 1931 ET - Netflix is happy with the progress it has make with its gaming business, first
Netflix Gaming Financial Gains Small Despite Tripled Engagement Rates -- Market Talk
1931 ET - Netflix is happy with the progress it has make with its gaming business, first launched close to three years ago. In 2023, the streaming giant tripled its engagement in games. But it hasn'
After falling nearly 7% in after-hours trading, Netflix's Q2 new users doubled from expectations, but the revenue guidance for the next quarter is not good.
Although the net increase in Netflix users in the second quarter of 8.05 million exceeded expectations, it has shown a gradual downward trend for several consecutive quarters, and both the guidance for third-quarter revenue and the outlook for full-year free cash flow are below market expectations, causing a sharp drop in stock prices after hours. However, the overall bullish situation in the second quarter report, the company said that there is significant growth potential in the India market, and raised the lower limit of the range of full-year revenue growth rate, and Wall Street maintains high expectations.