Share your opinion and gain insight from other stock traders and investors. Its revenue grew by around $7 billion - a 24% increase compared to Q1’20 - while earnings-per-share exceeded analyst estimates by nearly double figures. (NFLX) stock discussion in Yahoo Finances forum. The company still dominates the streaming service space with over 200 million subscribers worldwide and continues to produce successful shows like “Stranger Things,” “The Crown,” “Ozark” etc.įurthermore, recent results show that Netflix had an impressive performance during Q1 2023. Nonetheless, many analysts remain positive about Netflix's long-term prospects despite some bumps along the way. ![]() Additionally, there is always some uncertainty associated with the future growth prospects of any entertainment firm due to rapidly changing consumer preferences. The firm spends huge amounts on producing original content and expanding into new markets – which can result in thin margins at times. For instance, in late 2018-early 2023, following the company's announcement of increased competition from new streaming services by Disney and others – its stock plunged by almost 40%.Īnother factor contributing to Netflix’s volatility is its financials. However, since then, there have been periods where Netflix's shares have experienced steep declines as well. This was due to the company's strong subscriber growth and international expansion. For example, in 2015-2016, its shares rose from around $100 to over $400 per share. Over the past decade, its stock price has experienced significant swings both upwards and downwards. ![]() ![]() When it comes to stock prediction, Netflix has a mixed track record. Its stock ticker is "NFLX" and it has been a darling of investors for many years. One company that stands out within this sector is Netflix. It includes different types of companies like media conglomerates, movie studios, music publishers and streaming services. You will not be disappointed TSLA SPY AMC NFLX AAPL ILAG NUDA DAC GME BA. Entertainment is one of the most vibrant sectors in the stock market. 0037 About Feed Fundamentals News StockTwits Symbol Rooms Rankings.
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