Netflix Inc. (NFLX)

[winston]

not vested

Is Netflix being run by the United States Congress?

by Simon Black

Shares of Netflix soared today on news the company lost a record $859 million in cash in the third quarter.

Why are investors applauding this egregious destruction of capital?

Well, it’s because investors only look at one number when Netflix reports earnings – subscriber growth.

And on that metric, the company outperformed, adding 6.96 million subscribers, bringing the global total to more than 137 million.

At 137 million subscribers, Netflix has about 2% of the global population as customers.

There are still around 90 million traditional TV accounts in the US (and about 36% of those also have a streaming account).

The company has burned $1.7 billion in cash this year through the third quarter.

The company has $8.3 billion in long-term debt, up from $6.5 billion at the end of 2017. And it’s paid $291 million in interest so far this year.

The company has also spent $6.9 billion on content this year (meaning it should surpass its estimates of $7-8 billion). And it’s on the hook to pay out another $18.6 billion for content in the future.

Source: Sovereign Man

https://www.sovereignman.com/trends/is- ... ess-24233/

[winston]

Warning: For Now, Investors Should Stay Far Away from Netflix (NFLX)

by Austin Root

As of this past September, the company had nearly 140 million subscribers – growing by almost 20 million in the first nine months of 2018.

The standard Netflix plan is just $11 per month.

For every dollar of revenue it generates this year, Netflix expects to lose around $0.25.

Source: DailyWealth.com

https://dailytradealert.com/2018/12/02/ ... flix-nflx/

[winston]

Netflix Plunges After Biggest Stumble Since DVD-by-Mail Era

by Lucas Shaw

The shares plunged as much as 13% to $314 in late trading after Netflix reported the loss of 130,000 customers in the U.S. -- the result of higher prices and a weak slate of TV shows.

It signed up 2.8 million subscribers internationally in the period, roughly half what the company predicted.

Netflix shelled out more than $3 billion on programming in the quarter and another $600 million to market its shows.

The company spent $594 million more than it took in and will need to raise money to fund programming.

The company has forecast it can reach as much as 90 million customers in the U.S., compared with 60.1 million currently.

Competition is coming. Walt Disney Co. and Apple Inc. plan to introduce streaming services this year, while offerings from Comcast Corp. and AT&T Inc. arrive in 2020.

Earnings for the second quarter fell to 60 cents a share, but beat analysts’ estimates of 56 cents.

Sales grew 26% to $4.92 billion, compared with projections of $4.93 billion.

Source: Bloomberg

https://finance.yahoo.com/news/netflix- ... 57175.html

[winston]

not vested

5 Reasons to Buy the Dip In Netflix Stock

by Luke Lango

1. The Global Streaming TV Narrative Remains Robust
2. This Was One Bad Quarter, During A Typically Weak Time Of Year
3. There’s Reason to Believe Next Quarter Will Be Much Better
4. Secular Advantages Will Keep Netflix Atop The Streaming TV Market
5. Netflix Stock Now Trades At An Attractive Discount

Source: Investor Place

https://finance.yahoo.com/news/5-reason ... 57000.html

[winston]

not vested

Netflix (NFLX)

% Off 52 Week High: 20%
% Below 200-Day Moving Average: 10%
14-Day Relative Strength Index: 23

Why It Dropped: Shares of global streaming giant Netflix (NASDAQ:NFLX) crashed in July because the company missed on the only number that mattered in its Q2 earnings report — global streaming adds.

And they didn’t just narrowly miss — they missed by the widest margin ever. Investors freaked out, thinking that the best of Netflix narrative is already over, and that forthcoming competition in 2020 will only further flatten out this company’s growth trajectory.

Why It Could Rebound: The world is still pivoting to streaming TV. Netflix is still the undisputed leader in streaming TV. Bad second-quarter numbers were just a hiccup in a still healthy secular growth narrative.

Next quarter’s numbers are expected to be “back to normal”. Given that management never misses on sub guidance in back-to-back quarters and that the summer content slate is very good for Netflix, next quarter’s robust sub guide seems very doable. When Netflix does report very good third-quarter numbers, NFLX stock will bounce back in a big way.

Source: Investor Place

[winston]

not vested

Netflix (NFLX)

With Streaming Dominance Ending, Things Look Bleak for Netflix Stock

Should you buy Netflix (NASDASQ:NFLX) right now? There is no escaping the fact that Netflix disappointed with its Q2 earning results. Shockingly weak Q2 subscriber additions numbers sent shares plunging 16%.

However I would argue that now is the time to buy rather than sell. And this is a message backed by the Street, which has a “strong buy” NFLX stock consensus.

One analyst sticking by his bullish call is Monness’ Brian White. Out of over 5,000 tracked analysts, White is ranked No. 9 for his strong stock picking skills.

Plus his NFLX price target is even higher than average at $440 (43% upside potential). The $412 average analyst price target indicates 24% upside potential.

“We expect this noise will prove to be a fleeting issue and reiterate our BUY rating” cheered White. “Netflix reported a big 2Q:19 paid streaming net additions miss but served up a healthy 3Q:19 outlook.”

SunTrust Robinson analyst Matthew Thornton calls the 3Q content slate “easily the most robust to date.” Notably “Stranger Things” Season 3 had a whopping 40.7 million accounts watching in the first four days, According to a Tweet from Netflix. That’s “more than any other film or series in its first four days.”

Thornton also cites hits like La Casa de Papel (No. 1 Spanish language show), Sacred Games (No. 1 Indian show) and new content from Ryan Murphy and the Obamas.

Source: Investor Place

[winston]

not vested

THIS HOMEBOUND-ENTERTAINMENT PROVIDER IS WINNING BIG

Today's chart shows a company that keeps us entertained from the safety of our homes...

The coronavirus outbreak has forced much of the world into "social distancing" seclusion. We can't go out with friends... We can't go to the movies... More and more, we can't go out for anything at all except groceries and medicine. With recreational options limited, plenty of folks have turned to this company to pass the time...

Netflix (NFLX) is the world's largest movie-streaming service. U.S. subscribers can access its library of nearly 4,000 films and TV shows (the number varies by country).

NFLX faced headwinds in recent months as more competitors piled into the streaming scene, but people who are stuck at home have plenty of time for multiple services.

In fact, Netflix had to slightly reduce its video quality because it was overloading the Internet networks in some hard-hit areas.

NFLX shares bottomed in September 2019 on slowing growth for the company, but they've since recovered to new 52-week highs. As stay-at-home orders continue, so should demand for Netflix...

Source: Daily Wealth

[behappyalways]

Netflix shares fall after earnings miss, weak subscriber guidance for third quarter
https://www.cnbc.com/2020/07/16/netflix ... nings.html

[winston]

not vested

Netflix

This Wall Street darling and FANG constituent still offers a reasonable entry point.

Netflix Inc. (NASDAQ: NFLX) is the world’s leading internet television network, with more than 120 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films.

Members can watch as much as they want, anytime, anywhere, on nearly any internet-connected screen.

Members can play, pause and resume watching, all without commercials or commitments.

Netflix is available on virtually any device with an internet connection, including personal computers, tablets, smartphones, smart TVs and game consoles, and it automatically provides the best possible streaming quality based on the available bandwidth.

Many of its titles, including Netflix original series and films, are available in high-definition with Dolby Digital Plus 5.1 surround sound and some in Ultra HD 4K.

Advanced recommendation technologies with up to five user profiles help members discover entertainment they will love.

With varying stay-at-home edicts in place around the nation, it is obvious the company is positioned well, despite the so-so earnings and outlook the company released last week. Jefferies analysts noted this:

Netflix reported second quarter results that roughly met expectations. However, shares were off after a softer than expected third quarter net add outlook.

While we now expect paid net adds to be down year-over-year in the second half of 2020 given the pull forward of demand resulting from the pandemic, we highlighted that cash in the door now is better than 3 months from now.

We continue to see an addressable market that will expand to >850 million over time, allowing the company to grow subscribers at a consistent double-digit cadence through 2023.

We took our third quarter revenue and net add estimates lower, but would use persistent weakness as a buying opportunity.

The Jefferies price target is $550. The consensus target is $503.10, and Netflix stock closed at $490.10.

Source: Daily Trade Alert

[behappyalways]

Netflix shares fall 20% on slowing subscriber growth

The company said for the first quarter of 2022, it expects to add 2.5 million subscribers, compared to the 3.98 million it added in Q1 2021.

https://www.cnbc.com/2022/01/20/netflix ... -2021.html


Netflix Craters On Subscribers Miss, Catastrophic Guidance
https://www.zerohedge.com/markets/netfl ... c-guidance