When I last wrote about the streaming services giant. Netflix, Inc. (NASDAQ: NFLX ), it was already clear that there was an upside to the stock after it rose by 46% in 2023. This played out. Year-to-date, the stock is already up byManika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Gr ...

Benchmark analyst Matthew Harrigan reiterated Netflix Inc NFLX with a Sell and a $545 price target.The analyst has Netflix achieving ~431 million global members in 2033 with a 35%+ operating margin.  Harrigan noted that in the intermediate term, although likely not near-term, member growth risks versus his forecast may gear to the downside with sensitivities to ten-year member installed base and operating margin.Also Read: Netflix Analyst Predicts Q3 Beat But Challenging 2025, Flags This As The Biggest Conc ...

Netflix (NFLX) is set to release third-quarter 2024 results on Oct. 17 after market close. It is worth taking a look at the fundamentals of the world’s largest video-streaming company ahead of its results.Netflix shares have risen 8.6% in the past three months, slightly outperforming the broader industry’s rise of 7% in the same time frame. The strong trend will likely continue, given that Netflix is expected to beat this earnings season. Image Source: Zacks Investment ResearchAs a result, ETFs with the lar ...

S&P 500 companies’ profit is set to grow for a fifth straight quarter, with the consensus modeling earnings growth of 4.1% for the third quarter. Netflix, Inc.NFLX is the first high-profile communication services company to report this earnings season, with its earnings scheduled to drop after the market close on Thursday.Deepwater Asset Management’s Gene Munster shared his expectations from the report in a post on X on Monday.Netflix Stock Rally: Munster in a post said that Netflix shares have gained 142% ...

Netflix (NASDAQ: NFLX ) is scheduled to report earnings on October 17th after the market closes, and I project a probability that shares may drop sharply on the announcement. While I see little risk to Q3 reporting estimates, with revenue and operating income expectedExperience as an investment analyst for a major BB-Bank, as well as private equity consultant for MBB. Currently working towards the CFA charter, having completed I&II. Passion for risk-assets (Growth, Contrarian, Emerging Market) ex-colleague ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Netflix (NFLX) . This company, which is in the Zacks Broadcast Radio and Television industry, shows potential for another earnings beat.This internet video service has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 10.45% ...

Netflix (NFLX) is set to report third-quarter 2024 results on Oct. 17. For the third quarter of 2024, Netflix forecasts revenues to increase 14%, which equates to 19% growth on an F/X neutral basis, due to price changes in Argentina and the devaluation of the local currency relative to the U.S. dollar.The company anticipates total revenues to be $9.77 billion, suggesting growth of 13.9% year over year. The Zacks Consensus Estimate for revenues is pegged at $9.77 billion, in line with the company’s expectati ...

Today is a bank holiday: either Columbus Day (depending how Italian-American your community) or Indigenous Peoples’ Day (depending how “woke”). In any case, the stock market is open for business, but there are no major economic reports due out until tomorrow. Currently, pre-market futures are mixed, with the Dow -80 points but the S&P 500 +9, the Nasdaq +63 and the small-cap Russell 2000 up slightly.Looking Ahead to Economic ReportsDespite today’s day off from econ metrics, we see a pretty busy week ahead. ...

Monday, October 14th, 2024Today is a bank holiday: either Columbus Day (depending how Italian-American your community) or Indigenous Peoples’ Day (depending how “woke”). In any case, the stock market is open for business, but there are no major economic reports due out until tomorrow. Currently, pre-market futures are mixed, with the Dow -80 points but the S&P 500 +9, the Nasdaq +63 and the small-cap Russell 2000 up slightly. Looking Ahead to Economic ReportsDespite today’s day off from econ metrics, we see ...

In its upcoming report, Netflix (NFLX) is predicted by Wall Street analysts to post quarterly earnings of $5.07 per share, reflecting an increase of 35.9% compared to the same period last year. Revenues are forecasted to be $9.77 billion, representing a year-over-year increase of 14.3%.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this ...