Tag: NFLX

  • This is Why Netflix Exploded in After Hours

    This is Why Netflix Exploded in After Hours

    Netflix (NFLX) just exploded higher. After falling from about $460 to $346.19, the stock is heading higher in after hours.  All thanks to strong earnings, and price hikes. In its third quarter, the company posted EPS of $3.73, which beat estimates for $3.49. Revenue met expectations at $8.54 billion. Better, paid subscriptions were up to…

  • Netflix Just Scored Another Upgrade

    Netflix Just Scored Another Upgrade

    On Aug. 24, we noted, “Keep an eye on Netflix (NFLX). After finding double-bottom support at $400, the NFLX stock popped to $427.55.  Now, if it can break above resistance at $440, it could potentially test $480 again. All thanks to its potential revenue surge from password crackdowns.” At the time, Oppenheimer analysts had an…

  • This is Why Netflix Could Rally to $500 this Year

    This is Why Netflix Could Rally to $500 this Year

    Keep an eye on Netflix (NFLX). After finding double-bottom support at $400, the NFLX stock popped to $427.55.  Now, if it can break above resistance at $440, it could potentially test $480 again. All thanks to its potential revenue surge from password crackdowns. “Our estimates imply Netflix directly recaptures 46% of the total estimated 100…

  • What Just Happened to Netflix?

    What Just Happened to Netflix?

    If you’re thinking of buying Netflix (NFLX), don’t. Unfortunately for NFLX, the pain may last awhile. Not only did the company just report its first subscriber loss in about 10 years, analysts are out with reduced price targets. Wedbush just lowered its price target from $342 to $280.  Evercore ISI just lowered its from $525…

  • This is Why Netflix Just Popped in After Hours

    This is Why Netflix Just Popped in After Hours

    Netflix (NFLX) may a strong opportunity. After gapping from $525 to about $350 on earnings, the stock has become incredibly oversold on RSI, MACD, and on Williams’ %R.  With patience, we’d like to see a gap refill. Helping, Bill Ackman’s Pershing Square just bought over 3.1 million shares of the stock. “We recently purchased more…

  • Here’s Why Netflix Plummeted More than $100 After-Hours

    Here’s Why Netflix Plummeted More than $100 After-Hours

    Investors may want to avoid Netflix (NFLX) for a while. The stock just fell more than 20%, or $102.75 in after-hours trading. All after an earnings and guidance mess that had investors running for the exits. While the company added 8.28 million net new subscribers in Q4, which was just under expectations for 8.5 million,…

  • Here’s Why Netflix Wants to Expand into Video Games

    Here’s Why Netflix Wants to Expand into Video Games

    There’s still a good deal of momentum with gaming stocks. As we noted on May 21, “Use any weakness in video game stocks as an opportunity.  Activision Blizzard (ATVI), Take-Two (TTWO), and Electronic Arts (EA), Roblox (RBLX) just to name a few.  All with video games showing no signs of cooling.” Helping, the world of…