Nasdaq NFLX NetFlix

Netflix (NASDAQ: NFLX) represents the "N" in the FAANG cohort of top tech companies, which also include Facebook, Amazon, Apple, and Google's parent company Alphabet.

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Chipotle Mexican Grill Inc (Symbol: CMG), where a total of 26,139 contracts have traded so far, representing approximately 2.6 million underlying shares. That amounts t

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Investors in Netflix Inc (Symbol: NFLX) saw new options become available today, for the November 19th expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 119 days until expiration the newly available con

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Growth ETF (Symbol: IWF) where we have detected an approximate $364.3 million dollar inflow -- that's a 0.5% increase week over

For more than 20 years, Netflix (NASDAQ: NFLX) has provided its customers with access to television shows and movies, first on DVDs and now through streaming.

Following rumors that surfaced in May, Netflix (NASDAQ: NFLX) confirmed last week that it is jumping into video games. When the video-streaming leader reported second-quarter results, it outlined its plans to expand into games, starting with titles optimized for mobile devices. N

A lot of investors focus their attention on large- and mega-cap stocks like Amazon and Netflix. However, some of the best future opportunities can be found in smaller companies with market caps under $25 billion, and sometimes much smaller. One under-the-radar footwear company wi

The stock market keeps pushing upward, as evidenced by the fresh all-time highs that the S&P 500 benchmark reached last week. Even so, many high-quality stocks are trading lower these days as market makers continue to shy away from the high fliers of the coronavirus lockdown

It's official. Investors and analysts widely expected tepid subscriber growth numbers from Netflix (NASDAQ: NFLX) during its recently ended second quarter, and they got exactly that. While the company technically topped its own guidance of 1.0 million, the actual net addition of

Investing is the best way to quickly grow your wealth, so why don't more people do it? I imagine one reason is that many of them have some misconceptions about what investing entails.

Roku (NASDAQ: ROKU) has been a phenomenal growth stock since its IPO in Sept. 2017. The streaming device company went public at $14 per share, started trading at $15.78, and is now worth about $420 per share. Let's look back at how Roku grew from a start-up into a $55 billion com

The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close.

Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) Google is sued over its app store. Wells Fargo (NYSE: WFC) cuts its personal lines of credit. The Chinese government slows down ride-hailing app Didi (NYSE: DIDI). Stamps.com (NASDAQ: STMP) is being taken private. Levi Strauss (NYSE: LEVI)

Hemisphere Media Group Inc, a U.S. streaming and broadcasting company focused on attracting Hispanic viewers, is exploring options that include a potential sale, according to people familiar with the matter.

Investors in Netflix Inc (Symbol: NFLX) saw new options begin trading today, for the September 3rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NFLX options chain for the new September 3rd contracts and identified one put and one cal

Hemisphere Media Group Inc, a U.S. streaming and broadcasting company focused on attracting Hispanic viewers, is exploring options that include a potential sale, according to people familiar with the matter.

For years, Netflix (NASDAQ: NFLX) was one of the most reliable growth stocks on the market. The video streamer would regularly deliver brisk subscriber and revenue growth every quarter as it disrupted the massive video entertainment industry.

It’s earnings season, and the clear winners of the COVID-19 pandemic are finding it difficult to beat their previous sky-high numbers.

One of which, Netflix, Inc. (NFLX), recently posted mixed Q2 results this Tuesday. However, this does not mean its outlook is gloomy. The video streaming mega-cap is expected to grow subscriber numbers and increase user engagement on rising popularity.

Providing his long-term bullish thesis on the stock, Mark Mahaney of Evercore ISI wrote that Netflix’s “fundamental metrics continue to strengthen,” with its revenues inching past Wall Street expectations.

Mahaney reiterated a Buy rating on the stock, and declared a price target of $635. This target reflects a possible 12-month upside of 23.6%. It was reduced from the previous price target of $655.  

The five-star analyst detailed that per subscriber engagement was up 17% year-over-year, and the company has initiated the buyback of shares. Thus far, it has repurchased 1 million shares at an average price of $500, and has a remaining authorization of $4.5 billion. (See Netflix stock chart on TipRanks) 

The share price has been moving sideways since the beginning of 2021, a sign that the COVID-19 boon has been waning. That being said, Mahaney believes the second half of 2021 will provide an attractive entry point. He even added it to the list of his top 3 mega-caps to go long on, along with the likes of Amazon (AMZN) and Uber (UBER).  

As Netflix moves past its reliance on COVID-19-related subscriber additions, Mahaney wrote that its management expects the company to finish the year with a more “normalized growth trajectory.”  

On TipRanks, NFLX has an analyst rating consensus of Moderate Buy, based on 19 Buy, 7 Hold, and 3 Sell ratings. The average Netflix price target is $604.50, suggesting a possible 12-month upside of 17.7%. Netflix closed trading on Wednesday at a price of $513.63 per share.  

Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.