netflix stock

Earnings season is underway. This week we've already met revenues of Morgan Stanley, JP Morgan and other companies. On Thursday, it's over to Procter&Gamble and Netflix.

Netflix started to grow its subscriber base once again in the third quarter when it added 2.4 million users and it has said it expects this to accelerate to 4.5 million additions in the fourth, giving it the opportunity to show it is back on a steadier path of growth. The number of additions will prove highly influential on how markets react. An acceleration from the previous quarter would help install confidence that growth is reaccelerating while a slowdown would fuel fears that this is just a temporary rebound.

However, not everyone is convinced it can deliver this week, with some analysts predicting this could come in as low as 2.7 million subscribers.

It will be more difficult for investors to gauge which direction subscriber numbers are headed going forward. Netflix will no longer be providing guidance for

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Netflix Crashing!? Netflix Stock Price (NFLX) Falls More Than 35%? Subscribers Fled!

Rebecca Duthie Rebecca Duthie 20.04.2022 21:27
Since the market opened this morning Netflix stock price has fallen by more than 35%, the price fall came shortly after the company announced it had lost more than 200 000 subscribers in the first quarter of 2022 and are forecasting losing a further 2 000 000 subscribers in the coming quarter. The drop in value comes hand-in-hand with investor sentiment and the post-covid world. In addition, subscribers are seeming to be rethinking their subscription commitments to the streaming service. Related article: Japanese Yen (JPY) Weakens Against The Dollar, USD/CAD Stable And The Inevitable Strengthening Of The USD, IMF/World Bank Events The current market sentiment, Elon Musk and other factors causing Netflix stock price to dive. The price of Netflix’s stock has also been affected by more competitors entering the market, the loss of 700 000 Russian subscribers as a result of the Russia-Ukraine conflict, consumer budget tightening as a result of the current market conditions and Elon Musk’s opinion on Netflix’s shares being affected by the ‘woke mind virus’. Related article: Monetary Policy Drives EUR/USD, The Future of the EUR/GBP Awaits the Bank Of England's Speech - Good Morning Forex| FXMAG.COM Given the forecast for the next quarter, the stock price of streaming service is unlikely to see any large increases anytime soon. Netflix Price Chart Sources: Finance.yahoo.com, Theguardian.com, nypost.com
Netflix Stock Price May Tumble Tomorrow! What Can We Expect From NFLX Earnings?

Netflix Stock Price May Tumble Tomorrow! What Can We Expect From NFLX Earnings?

FXStreet News FXStreet News 17.10.2022 16:02
Follow us on Google News Netflix is due to launch its advertising tier shortly for $6.99 per month. Netflix reports earnings on Tuesday after the close. NFLX stock is down over 60% year to date. Everyone loves a bargain, and Netflix (NFLX) is certainly offering a discount to investors. A reduction to the tune of 60% would usually be snapped up by shoppers, but in the case of NFLX stock, the large discount is still failing to attract much buying interest. Will the imminent release of earnings and the launch of its advertising tier change the investment thesis in the minds of investors? With the market backdrop remaining challenging, that may prove difficult, but there may be a short-term bounce to end the year as we approach earnings season to be followed by midterm elections. Stocks tend to like midterms and historically perform well following them. Netflix stock news Netflix will report earnings on Thursday after the close. Consensus earnings per share (EPS) forecasts are at $2.17, while revenue is expected to reach $7.85 billion. Earnings releases have not been kind to NFLX stock of late. Last time out was good with the stock bouncing higher, but in April Netflix stock collapsed 35% following earnings. As long-time critics of just how optimistic Wall Street analysts are, we note a report from Seeking Alpha. Netflix has been downgraded 29 times for EPS and 36 times for revenue, but those optimistic analysts still have a buy rating on the stock. Investors will also look for more info on the new advertising tier during the earnings conference call. We now know that the tier will cost $6.99, and guidance for subscriber growth from this new tier will be key. Netflix is expected to show subscriber growth of 1 million for the period. The streaming giant has certainly rerated as investors are no longer willing to pay such a premium when the explosive growth phase is over. This stock has seen its P/E collapse in line with price this year. Netflix (NFLX) P/E ratio Netflix stock forecast Netflix has been trying to bottom and has traded in a sideways range since August, so earnings could provide the catalysts for a breakout. As mentioned I believe the risk-reward lies in an upside surprise. Netflix has suffered this year already, and a lot of bad news can be assumed to already be in the price. Technically, a break higher would target $333, the earnings gap from April. There is a natural volume gap as a result. Breaking $214 will lead Netflix toward $165.90 and likely see a move to make a fresh yearly low. Netflix daily chart
Markets under Pressure: Rising Yields, Strong Dollar, and Political Headwinds Weigh on Stocks"

US tech stocks losses are huge - Netflix and Facebook are more than 70% down from Autumn peaks

Ipek Ozkardeskaya Ipek Ozkardeskaya 30.12.2022 10:18
US indices rallied yesterday, in an effort to recover a part of the past few session losses, rather than a fresh move, on fresh news, as there was no fresh news yesterday.   But yesterday's jump in US indices was relatively strong, perhaps due to thin trading volumes that make look the year-end moves impressive, while they are not.   Anyway, the S&P500 gained 1.75% yesterday, and could maybe finish the year with less than a 20% loss, while Nasdaq jumped more than 2.50%, but will still end the year with more than a 30% drawdown.   Things have changed so much in one year!  The Pivot  Remember, last year at this time, we were about to see Apple become the world's first $3 trillion company. The S&P500 and Nasdaq were running from record to record, and no one imagined how bad the hangover would be.   We didn't know it at that time but the 2022 bear market officially kicked off just a couple of days after the year started, when the first FOMC minutes release of the year showed that the Federal Reserve (Fed) was no kidding about the rate hikes, and that the financial conditions would get real tighter over the year.   And man, they got tighter... way tighter than we expected a year ago, with the Fed raising its interest rates 425bp starting from March.   As a result, Apple lost a third of its value, Amazon lost half of its valuation since the beginning of the year and, this month, became the first US big cap to lose more than $1 trillion in valuation. Netflix lost up to 75% of its value compared to November 2021 peak, and Facebook scraped 77% of its value since September 2021 peak.  Read next: 2023 predictions: All in all I forecast the S&P to fall 5% on the year but the Nasdaq will fall 10% says Ivan Brian, Chief Equity Analyst at FXStreet | FXMAG.COM It has been a terrible year for chipmakers as well. Nvidia, one of the most promising and hyped chipmakers in the US has also lost half of its valuation as, on top of slowing post-pandemic demand, the US blocked exports to the fructuous Chinese market.  And last but not least, Tesla contributed greatly to the fall of the S&P500, losing almost half of its valuation only since the start of the year. And the share price is down by more than 70% since its November 2021 peak, as Elon Musk made the headlines again this year, but not for good reasons. Twitter has in fact taken a huge toll on man's reputation. 2022 hasn't been his year.   A bad year...  In reality, 2022 hasn't been the year of no one, I guess. A was started in Ukraine as soon as end February and wreaked havoc in the markets. The Western nations imposed sanctions on Russia in March. Ruble lost half of its value against the dollar at the wake of its first attack in Ukraine, but only to close the year flat, and even slightly stronger against the dollar compared to before the war, as the skyrocketing oil prices filled the country's coffers.   Oil on the other hand soared to $130pb at the wake of Russia's first attacks on Ukraine. We had all kind of speculation that it would rally to the $180-200pb area. But Thank God that didn't happen. We are preparing to end the year below $80pb instead, as the recession fears took a toll on bullish bets.   But energy stocks had a great year. Exxon Mobil, Chevron, BP, Shell did so great that the desperate Western governments watching inflation cause a huge cost of living crisis decided to impose windfall taxes on these companies who announced jaw dropping earnings throughout the year and Exxon ended up suing the EU for this decision just a couple of days ago.  While all this was happening, the US' national debt went above the $30 trillion mark.   But the US dollar gained, as the Fed raised rates. Others raised rates as well, but the dollar kept rising.   Cryptocurrencies saw massive outflows, and the outflows revealed the cracks in the system, causing the collapse of the major institutions like Terra Luna, and FTX lately.   And gold hasn't been great in tempering inflation, but at the end of the year, and despite the soaring yields, the yellow metal managed to recover yearly losses, and is even preparing to end the year around 1% higher than where it started in US dollar terms.   So voilà. Everything looked ugly this year, except for energy and the US dollar.   The major take of 2022  The most important take of the year is: the era of easy money ended, and ended for good. It means that the financial markets won't look like anything we knew since the subprime crisis.   This is the beginning of a new era, when central banks will be playing a more subdued role in the markets, with less liquidity available to fix problems – a more than necessary move that came perhaps too late, and too painfully.   And given that there is still plenty of cheap central bank liquidity waiting to be pulled back, the situation may not get better before it gets worse in the first quarters of next year. Recession, inflation, stagflation will likely dominate headlines next year.   Happy New Year!
Markets under Pressure: Rising Yields, Strong Dollar, and Political Headwinds Weigh on Stocks"

The outlook for P&G could improve even if this week's results, when it is expected to report its first year-on-year drop in sales since 2017 and the second consecutive quarter of lower earnings, could be rough

Josh Warner Josh Warner 18.01.2023 11:27
Earnings season is underway. This week we've already met revenues of Morgan Stanley, JP Morgan and other companies. On Thursday, it's over to Procter&Gamble and Netflix. Netflix started to grow its subscriber base once again in the third quarter when it added 2.4 million users and it has said it expects this to accelerate to 4.5 million additions in the fourth, giving it the opportunity to show it is back on a steadier path of growth. The number of additions will prove highly influential on how markets react. An acceleration from the previous quarter would help install confidence that growth is reaccelerating while a slowdown would fuel fears that this is just a temporary rebound. However, not everyone is convinced it can deliver this week, with some analysts predicting this could come in as low as 2.7 million subscribers. It will be more difficult for investors to gauge which direction subscriber numbers are headed going forward. Netflix will no longer be providing guidance for paid net additions as it focuses on its financials and introduces new pricing tiers. Read next: Matt Weller (City Index): Even if inflation continues to moderate, Madame Lagarde and company are likely to opt for at least one 50bps rate hike to start the year| FXMAG.COM Netflix shares have popped over 90% since hitting five-year lows last year, but it will need to impress this week if it wants to keep up the momentum. The rally in recent months has been underpinned by high expectations for its advertising business and the crackdown on the 100 million households thought to be watching Netflix for free by using other people's passwords. Both are seen as critical catalysts for Netflix to reinvigorate growth in 2023 but it could be a slow and steady build, which may leave investors disappointed in the meantime if subscriber growth falls below expectations. Earnings are set to decline in 2022 for the first time in seven years but they are forecast to return to growth in 2023, when Wall Street believes Netflix will add 14 million paid subscribers. Analysts forecast P&G will report a 1.2% drop in revenue to $20.7 billion in the second quarter of its financial year and a 4.1% fall in EPS to $1.59 The outlook for P&G could improve even if this week's results, when it is expected to report its first year-on-year drop in sales since 2017 and the second consecutive quarter of lower earnings, could be rough. Analysts forecast P&G will report a 1.2% drop in revenue to $20.7 billion in the second quarter of its financial year and a 4.1% fall in EPS to $1.59. While beauty is expected to remain strong with a further acceleration in organic growth to 5%, demand for grooming, healthcare, homecare and its array of other products is slowing down. Lower volumes are being countered by rising prices. China's emergence from Covid-19 provides an opportunity for its prospects to improve and earnings are forecast to return to growth over the coming quarters. P&G is currently anticipating a 1% to 3% fall in annual revenue (with organic growth of 3% to 5%) and a 4% increase in EPS.

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