$Netflix(NFLX)$ The market is

$Netflix(NFLX)$ The market is expecting Netflix's growth rate to be stronger than its peers in the streaming sector, and if Netflix reports a strong quarter of results, it could solidify its position as the top global streaming service and pulling further away from the likes of $Walt Disney(DIS)$ and $Paramount Global(PARA)$ .

Netflix Beats Again! Still Good Chance to Add at $700?

Netflix released a strong third-quarter earnings report, with revenue and profits exceeding expectations, and a significant increase in operating profit margin. However, user growth in the U.S. and Canadian markets was below expectations. The stock surged 6% in after-hours trading. It hits an all-time-high of $736 last Friday. ------------ Can Netflix break the resistance level? The next price target is $750 or $800?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":360978440851576,"tweetId":"360978440851576","gmtCreate":1729165081453,"gmtModify":1729165087144,"author":{"id":4090153192826740,"idStr":"4090153192826740","authorId":4090153192826740,"authorIdStr":"4090153192826740","name":"jayc","avatar":"https://static.tigerbbs.com/19c91ee324a75aab3e761bbbe23dc892","vip":2,"userType":2,"introduction":"Think long-term even if you have very little to invest.","boolIsFan":false,"boolIsHead":false,"crmLevel":5,"crmLevelSwitch":0,"currentWearingBadge":{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 days","bigImgUrl":"https://community-static.tradeup.com/news/1866dcf97a73be1c330f85862546aedc","smallImgUrl":"https://community-static.tradeup.com/news/4f5c5fa8e2c7683bb5a7fce8753ee456","redirectLinkEnabled":1,"redirectLink":"https://ttm.financial/activity/market/2023/star-contributors/","hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.10.31","individualDisplayEnabled":0},"individualDisplayBadges":[],"fanSize":5186,"starInvestorFlag":false},"themes":[{"themeId":"476eb77c2829429dadc2cf388673da6c","categoryId":"7a15628ce2174325bddc6229505e0d70","name":"Netflix Beats Again! Still Good Chance to Add at $700?","type":0,"rnLink":"https://laohu8.com/RN?name=RNTheme&page=/theme/detail&rndata={\"themeId\":476eb77c2829429dadc2cf388673da6c}&rnconfig={\"headerBarHidden\": true}","description":"Netflix released a strong third-quarter earnings report, with revenue and profits exceeding expectations, and a significant increase in operating profit margin. However, user growth in the U.S. and Canadian markets was below expectations. The stock surged 6% in after-hours trading.\nIt hits an all-time-high of $736 last Friday.\n------------\nCan Netflix break the resistance level?\nThe next price target is $750 or $800?","image":"https://community-static.tradeup.com/news/31fd679505ec1253a35aca0d488b35a6"}],"images":[],"coverImages":[],"html":"<html><head></head><body><p><a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$&nbsp;</a> The market is expecting Netflix's growth rate to be stronger than its peers in the streaming sector, and if Netflix reports a strong quarter of results, it could solidify its position as the top global streaming service and pulling further away from the likes of <a href=\"https://ttm.financial/S/DIS\">$Walt Disney(DIS)$&nbsp;</a>&nbsp;and <a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a>.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/NFLX\">$Netflix(NFLX)$&nbsp;</a> The market is expecting Netflix's growth rate to be stronger than its peers in the streaming sector, and if Netflix reports a strong quarter of results, it could solidify its position as the top global streaming service and pulling further away from the likes of <a href=\"https://ttm.financial/S/DIS\">$Walt Disney(DIS)$&nbsp;</a>&nbsp;and <a href=\"https://ttm.financial/S/PARA\">$Paramount Global(PARA)$&nbsp;</a>.</p></body></html>","text":"$Netflix(NFLX)$ The market is expecting Netflix's growth rate to be stronger than its peers in the streaming sector, and if Netflix reports a strong quarter of results, it could solidify its position as the top global streaming service and pulling further away from the likes of $Walt Disney(DIS)$ and $Paramount Global(PARA)$ .","highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/360978440851576","repostId":0,"isVote":1,"tweetType":1,"viewCount":832,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["DIS","PARA","NFLX"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":277,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/360978440851576"}