Nasdaq NFLX NetFlix

Roku's (NASDAQ: ROKU) stock sank 18% during after-hours trading on Nov. 2 following the release of its third-quarter earnings report. The streaming platform and device maker's revenue rose 12% year-over-year to $761 million, which beat analysts' estimates by $68 million. It poste

Video streaming platform Netflix (NASDAQ: NFLX) has been around for almost 20 years. The company was a pioneer in both the on-demand video rental business and content streaming. However, over the years, several other media outlets have invested heavily in rival streaming platform

To say it's been a bad year for investors might be an understatement. The bond market is working on its worst year in history, while the widely followed S&P 500 delivered its worst first-half return in over a half-century.

The Walt Disney Company’s DIS fourth-quarter fiscal 2022 results, set to be reported on Nov 8, are expected to benefit from an expanding Disney+ subscriber base and revival in its Parks, Experiences and Products businesses.Disney+ has emerged as a key growth driver for Di

The Walt Disney Company’s DIS fourth-quarter fiscal 2022 results, set to be reported on Nov 8, are expected to benefit from an expanding Disney+ subscriber base and revival in its Parks, Experiences and Products businesses.Disney+ has emerged as a key growth driver for Di

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Communication Services Select Sector SPDR Fund (Symbol: XLC) where we have detected an approximate $150.9 million dollar inflow -- that's a 2.0%

Media-streaming technology expert Roku (NASDAQ: ROKU) is pulling out all the stops for its latest nugget of original content. The company is promoting the living daylight out of Weird: The Al Yankovic Story, and then using the movie itself to spread the word about Roku's own stre

On Oct. 27, e-commerce and cloud computing titan Amazon (NASDAQ: AMZN) reported financial results for the third quarter of 2022. The stock plummeted as a result. Studious investors undoubtedly read the official press release and noted slowing revenue growth, a steep decrease in o

On Oct. 27, e-commerce and cloud computing titan Amazon (NASDAQ: AMZN) reported financial results for the third quarter of 2022. The stock plummeted as a result. Studious investors undoubtedly read the official press release and noted slowing revenue growth, a steep decrease in o

Industrial companies don't have the sexiest stocks, but they can offer investors strong moats. Nick Santhanam is the CEO of the Fernweh Group and a co-author of the new book The Titanium Economy: How Industrial Technology Can Create a Better, Faster, Stronger America.

Telecom operators are pushing the European Union to implement new laws that would make Big Tech pay for network costs, following Australia's example, according to four sources close to the matter.

Telecom operators are pushing the European Union to implement new laws that would make Big Tech pay for network costs, following Australia's example, according to four sources close to the matter.

While the business of streaming content has been around for quite some time, it's no secret the COVID-19 pandemic contributed to the accelerated adoption of such services. While people sat at home and binged on video content, listened to audiobooks, or relaxed to music, streaming

Disney DIS will highlight next week’s earnings reports with the company’s fiscal Q4 release on Tuesday, November 8. Trading 44% from its highs, investors are hoping Disney’s report can give DIS stock a much-needed boost.

Verizon (NYSE: VZ) stock is trading as if the company is in a structural decline, but there may be some reason for optimism. Broadband is growing and bundles are becoming more compelling. Travis Hoium covers why he thinks this stock is too good to pass up in the video below.

NEW YORK (Reuters Breakingviews) - David Zaslav is finding that big may not be big enough. The Warner Bros Discovery boss has encountered a series of problems since his splashy merger in April. Another deal with a similarly undersized peer might

NEW YORK (Reuters Breakingviews) - David Zaslav is finding that big may not be big enough. The Warner Bros Discovery boss has encountered a series of problems since his splashy merger in April. Another deal with a similarly undersized peer might

It's been a cruel summer and flimsy fall for theater chains. AMC Entertainment Holdings (NYSE: AMC) and its smaller rivals have been experiencing weak ticket sales since mid-July, and it's throwing the industry's recovery into question. Domestic box office receipts are 34% lower

Currently, of a group of 37 Wall Street analysts who follow CrowdStrike Holdings (NASDAQ: CRWD) the lowest price target among them is $193 per share, which implies 25% upside from the current price. Similarly, within in a group of 42 Wall Street analysts who follow Microsoft (NAS

Netflix (NASDAQ:NFLX) is launching its low-priced, basic ad-supported subscription plan in 12 countries, including the U.S., on November 3. While the low-priced plan is expected to drive its subscription base, it will not have any material contribution to its financials in Q4. On the contrary, Rosenblatt Securities analyst Barton Crockett, who recommends a Hold on NFLX stock, sees Disney+, owned by Walt Disney (NYSE:DIS), as a better ad play. 

Investors should note that unit economics-wise, NFLX's subscription price and anticipated monetization will have a neutral to a positive impact on Netflix's revenues in the initial phase. However, Netflix's management is confident that the low-priced plan will bring more members to its platform, and in the long term, it will generate incremental revenue and profit. 

Crockett said, "The pricing of the ad plan is geared to make it a wash to slightly better for Netflix than a 1-for-1 swap with the ad-free Basic plan. So the main lift is boosting sub-growth." 

Further, Crockett sees Disney+, not NFLX, as a bigger ad play in 2023. He added that though NFLX could offer a wide range of ad-supported plans, Disney+ is a bigger ad play in 2023. He sees Disney+ as better-placed to grab "more eyeballs in streaming ad plans than Netflix."

Bottom Line: Is Netflix a Buy or Hold?

It remains a wait-and-watch story as to how the low-priced, ad-supported plan will drive NFLX's financials and stock price. Further, with increased competition, saturation in developed markets like the U.S., and economic weakness, streaming service providers could struggle to drive profitable growth.

Further, higher content and marketing costs and adverse currency movements pose challenges and could weigh on the margins of streaming service providers like NFLX. 

On TipRanks, Netflix stock has a Moderate Buy consensus rating based on 13 buy, 14 Hold, and four sell recommendations. Further, analysts' average price target of $284.20 implies 4.1% upside potential.

TipRanks' data shows that hedge funds sold 42K NFLX stock last quarter. Moreover, NFLX stock has a Smart Score of seven on 10, implying a Neutral outlook.

Disclosure