🔥Stock Prediction: How will Netflix close Thurs 18/04 following their earnings?

Comments

• Shyon

  04-19

  Shyon

  Do you watch subscribe Netflix? If yes, you are pushing up Netflix subscribers this quarter haha! [Smart]  [Smart]  [Smart] 

  Netflix reported first quarter earnings that beat across the board last night, with another 9 mil subscribers added in the quarter. However, the disappointing second quarter revenue guidance dragged the stock down after market.

  Netflix guided to second quarter revenue of $9.49 billion, a miss compared to consensus estimates of $9.51 billion. Personally, I believe this miss is just minimal and nothing to worry too much. The stock drops after hours probably due to some investors begin to lock profit as there might be no more big surprise for Netflix next quarter, causing some selling pressure on the underlying stock. Anyway, I am still positive for $Netflix(NFLX)$  as I see the subscribers growth is still on a healthy uptrend and also the incoming quarter revenue is just missed by 0.02 bil [LOL]  [LOL]  [LOL]  What to worry, given that the share price already rallies for so much this year. A pullback less than 15% is basically nothing! 

  Please share us about Netflix earnings @TigerGPT .

  @Daily_Discussion  @Tiger_Earnings  @CaptainTiger  @TigerStars  @MillionaireTiger  @Tiger_comments  

  • ShyonReplyAmandaViolet: 
    Stay tune! haha
  • ShyonReplyEuniceGrote: 
    Yes I share the same view with you
  • AmandaViolet: 
    Looking forward to hearing more of your thoughts on Netflix's performance!
  • EuniceGrote: 
    👍 Looks like they're still doing well, even with a small miss on the guidance.
  • TigerGPTReplyShyon: 

    Netflix Investment Analysis

    Business Overview:

    Netflix is a leading streaming entertainment service that offers a wide variety of TV shows, movies, documentaries, and more on thousands of internet-connected devices. The company operates in over 190 countries and has millions of subscribers worldwide. Netflix's business model is based on subscription fees, and it continues to invest heavily in content creation and acquisition to attract and retain subscribers.

    Earnings Analysis:

    Netflix reported strong earnings for the first quarter of 2024, exceeding expectations. However, it's important to note that the earnings forecast for future quarters is also a crucial factor to consider. According to the earnings forecast, Netflix is expected to see continued growth in earnings per share (EPS), gross income, and EBIT (earnings before interest and taxes) in the coming years.

    Trend Analysis:

    Based on recent trend analysis, the support price for Netflix on April 17th was $560.95, while the resistance price was $619.95. The average cost on the same date was $548.44. As of April 19th, the stock price was $610.56.

    Valuation Analysis:

    Analysts have provided target price estimates for Netflix. The mean target estimate is $633.63, with a low estimate of $440.00 and a high estimate of $765.00. It's important to consider these target prices along with other factors when making investment decisions.

    Capital Flow Analysis:

    Recent capital flow data shows fluctuations in the net inflow and outflow of funds for Netflix. It's important to monitor these capital flows as they can indicate investor sentiment and potential market trends.

    Analyst Recommendation:

    Based on analyst recommendations, 11 analysts recommend buying Netflix stock, 18 analysts rate it as a buy, 15 analysts rate it as a hold, and 1 analyst rates it as underperform.

    Conclusion:

    Considering the positive earnings performance, healthy subscriber growth, and the overall positive trend in the streaming industry, Netflix appears to have strong potential for future growth. However, it's important to note that investing in stocks involves inherent risks, and market fluctuations can occur. Investors should conduct their own research and consider their risk tolerance before making investment decisions.

    Sources:

    Netflix Handily Beats Subscriber Targets but Misses on Revenue Forecast

    Poletti: Why Netflix's big planned change to its earnings reports is a bad sign

    Netflix handily beats subscriber targets, misses on revenue forecast

    Communications Services Up Ahead of Netflix Earnings -- Communications Services Roundup

    Here's What Key Metrics Tell Us About Netflix (NFLX) Q1 Earnings

  All 9 Replies
• icycrystal

  04-19

  icycrystal
  according to some sources, $Netflix(NFLX)$ Q1 revenue is expected to be $9.259 billion, with an adjusted net profit of $1.995 billion and an adjusted EPS of $4.546.

  will the company meets expectations? [Thinking] [Thinking] [Thinking]

  @LMSunshine @TigerGPT @koolgal @GoodLife99 @HelenJanet @Shyon @Aqa @Universe宇宙 @rL

  All Tigers who share your insights about Netflix's financial reports will receive 10 Tiger Coins.💰💰💰
  

  
  

  One Tiger will receive 100 coins for the most popular and most discussed comment. (Invite your friends to take part.)💵💵💵

  • Universe宇宙: 
    [Chuckle]
  • Shyon: 
    Thanks for sharing
  • TigerGPT: 

    Earnings Data:

    According to the latest reported earnings data, Netflix's Q1 2024 earnings per share (EPS) is estimated to be $4.52 USD. However, the actual reported EPS for Q1 2024 is not available at the moment.

    Relevant Opinion:

    There are several articles discussing Netflix's upcoming earnings. One article suggests that Netflix stock is enjoying an upward trajectory but points towards mixed sentiments with a slight bearish bias. Another article highlights that Netflix is the top streaming services giant with over 260 million users and has outperformed many of its streaming competitors. The Zacks estimate expects Q1 sales from Netflix to be up 13% to $9.26 billion, with a 56% increase in earnings to $4.51 per share.

    Conclusion:

    Based on the available information, it appears that Netflix's Q1 2024 earnings are expected to meet or exceed expectations. However, it is important to note that the actual reported earnings for Q1 2024 are not yet available. Investors should consider conducting further analysis and monitoring the official earnings release for a comprehensive evaluation.

    Disclaimer: The above conclusion is for reference purposes only and should not be considered as investment advice.

    For a beginner's guide to financial statements, you can click here.

• Barcode

  04-16

  Barcode
  The upcoming Netflix earnings report is anticipated to showcase significant growth, with earnings per share expected to rise by 55.9% year over year, reaching $4.49, and revenues forecasted to increase by 13.4% to $9.26 billion. Analysts have revised their EPS estimate slightly upward in the past month, indicating a collective reappraisal of projections. Understanding these revisions is crucial for predicting investor reactions. Additionally, analyzing specific key metrics, such as regional revenues and paid membership additions, provides a comprehensive view of Netflix's performance. Analysts' forecasts point to positive growth across various regions and membership metrics. Netflix shares have outperformed the Zacks S&P 500 composite over the past month, suggesting a potential alignment with the overall market in the upcoming period, supported by its Zacks Rank #3 (Hold).$Netflix(NFLX)$ @Tiger_Earnings @TigerPicks @MillionaireTiger @CaptainTiger @Daily_Discussion
• Taurus Pink

  04-16

  Taurus Pink
  @titajack @BenjaminO @koolgal @三千万到手 @Allure 身影 投票了喔
  • koolgal: 
    Thanks for sharing 😍😍😍
• Universe宇宙

  04-16

  Universe宇宙
  The stock market very funny one. If $Netflix(NFLX)$ financial reports come out as a good one, the stock will drop. Good news is bad. hahaha, don't copy hor, do homework hor. [Facepalm]
  • Universe宇宙ReplyShyon: 
    [Chuckle] [LOL]
  • Shyon: 
    Can I copy your homework again? 😂
• Takiho

  04-19

  Takiho
  What does Flat means? Between 1% and -1% or between 3% amd -3% or O gain or loss. Tiger need to specify clearly. Is 0.1% gain/loss considered flat?