Nasdaq NFLX NetFlix

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Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

Verizon is planning to offer the ad-supported versions of Netflix and Warner Bros Discovery's Max streaming services for about $10 a month combined instead of about $17, according to a source familiar with the matter.

Movie studios must obtain permission from actors to use their images in material generated by artificial intelligence (AI), and pay performers whenever their digital doubles appear on screen, under the labor agreement that ended a 118-day strike.

Verizon is planning to offer the ad-supported versions of Netflix and Warner Bros Discovery's Max streaming services for about $10 a month combined instead of about $17, the Wall Street Journal reported on Thursday.

Investors in Netflix Inc (Symbol: NFLX) saw new options become available today, for the December 29th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NFLX options chain for the new December 29th contracts and identified one put and one

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

Investors in Hollywood studios on Thursday cheered a tentative deal with actors that could help restart production of movies and shows halted by a series of strikes since spring.

The SAG-AFTRA actors' union reached a tentative agreement with Hollywood studios to resolve the second of two strikes that rocked the entertainment industry as workers demanded higher pay in the streaming TV era, the union said on Wednesday.

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The Egyptian Theatre, a historic movie house that hosted Hollywood's first film premiere a century ago, will re-open to the public this week after a multi-million-dollar restoration by Netflix.

InvestorPlace - Stock Market News, Stock Advice & Trading Tips

Adyen on Wednesday cut its medium-term sales target, earning praise from analysts who said the new forecast was more realistic at a time when the digital payments sector is struggling.

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum

Netflix stock ( NASDAQ:NFLX ) has rallied strongly following its Q3 results, with the company's growth reaccelerating. Impressively, Netflix posted the best quarterly subscriber additions in years while also revealing optimistic Q4 guidance. Clearly, Netflix appears to be emerging as a winner in the highly saturated streaming video-on-demand (SVOD) industry. However, the stock's recent rally appears to have pushed its valuation to hefty levels. Accordingly, I am neutral on the stock. Revenue Growth, Subscriber Adds Reaccelerating The highlight of Netflix's Q3 report was the fact that the company's revenue growth and subscriber additions showed a reacceleration. Revenues for the quarter landed at $8.54 billion, implying a year-over-year increase of 7.8%. For context, Netflix's revenue growth in the previous four quarters, Q2 2023, Q1 2023, Q4 2022, and Q3 2022, was 2.7%, 3.7%, 1.9%, and 5.9%, respectively. The striking contrast between Q3 2023 and Q2 2023, in particular, left a highly positive impression on the market. Netflix's robust revenue growth stems from an impressive 9% year-over-year increase in average paid memberships, marking the addition of 8.76 million paid subscriptions, a significant rise from the 2.41 million secured in Q3 2022. This surge is largely due to the effective rollout of paid sharing, Netflix's robust and consistent content library, and the continuous global expansion of the streaming platform. While the average revenue per member (ARM) experienced a slight 1% year-over-year decrease, there is no cause for alarm. This decline can be attributed to non-critical factors. These include a higher proportion of membership growth stemming from countries with lower ARM, a deliberate strategy of limited price increases over the past 18 months, and some adjustments in the mix of subscription plans. I would like to emphasize that the addition of 8.76 million paid subscribers represents the company's most impressive performance in years. The last time the company topped this result was back in Q2 2020, when it gained 10.09 million subscribers. This significant resurgence, especially when compared to the mere 2.41 million additions from the previous year, underscores the company's dominance in the highly-competitive SVOD market. To provide some context, Disney's ( NYSE:DIS ) Disney+ has experienced a decline in memberships for three consecutive quarters. In the meantime, Netflix not only continues to attract new subscribers but is doing so at an accelerating pace. In my view, this speaks volumes about the platform's enduring strength and appeal against growing competition. Netflix's Q4 Guidance is Even More Optimistic Another aspect of Netflix's most recent quarterly report that enthused investors was its Q4 guidance, which appears to be even more optimistic. For Q4, management forecasts revenues of $8.7 billion, a year-over-year increase of about 11% or 12% on a foreign-exchange neutral basis. In other words, revenue growth is set to accelerate even further from the already impressive Q3 figure of about 8%. The company anticipates that the forthcoming net additions will mirror those of Q3. Again, this is a remarkable achievement, particularly in light of the considerable challenges facing the SVOD industry, such as intensifying competition, pricing wars, and the distracting allure of social media apps. It's also worth noting that the Q4 guidance incorporates a $200 million decline in revenues due to the recent strengthening of the U.S. dollar. This factor accounts for the elevated FX-neutral forecast of 12%. The Valuation is Still Hefty Netflix's reacceleration in revenues and subscriber additions is certainly impressive. However, I believe that the stock's valuation remains hefty, endangering investors' total return prospects, moving forward. On the one hand, Netflix's operating margin landed at 22.4% in Q3, up from last year's 19.3%. Further, free cash flow in Q3 came in at $1.89 billion, up from last year's $557 million and the best result in the company's history. On the other hand, following the stock's post-earnings rally, even these numbers fail to justify the stock's valuation. Netflix is expected to post EPS of about $12.19 this year, suggesting a 22.5% increase year-over-year. No doubt, this is a very impressive growth figure in the current market landscape, especially within the SVOD industry. However, it also implies a forward P/E ratio of 35.7, which is quite rich, in my view. While it illustrates the market's expectations for further rapid EPS growth, it leaves little to no room for error. For context, the S&P 500 Index's ( SPX ) forward P/E (for 2023) sits at around 21. Is NFLX Stock a Buy, According to Analysts? Looking at Wall Street's view on Netflix, the stock has drawn a Moderate Buy consensus rating based on 23 Buys, 10 Holds, and one Sell assigned in the past three months. At $464.97, the  average Netflix stock price target implies 7% upside potential. If you’re wondering which analyst you should follow if you want to buy and sell NFLX stock, the most profitable analyst covering the stock (on a one-year timeframe) is  Benjamin Swinburne from Morgan Stanley, with an average return of 36.19% per rating and a 75% success rate. Click on the image below to learn more. The Takeaway In conclusion, Netflix's Q3 results and Q4 guidance undeniably reflect the company's resurgence in a competitive SVOD market. The substantial growth in revenue and subscriber additions showcases Netflix's enduring appeal. However, the stock's valuation has surged to hefty levels, raising concerns about its sustainability. Despite strong operating margins and free cash flow, the elevated P/E ratio affords Netflix little margin for error. While Netflix's recent performance is commendable, caution should be exercised by investors as they navigate the path ahead. Disclosure

Investors interested in Broadcast Radio and Television stocks are likely familiar with Fox (FOXA) and Netflix (NFLX). But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find ou

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 $825.7 million dollar inflow -- that's a 1.2% increase week over

The Walt Disney Company’s DIS fourth-quarter fiscal 2023 results, set to be reported on Nov 8, are expected to reflect a declining Disney+ subscriber base amid intensifying competition.Per a recent JustWatch report, Disney+ had a

Netflix (NFLX) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum