Netflix Reports Better-than-Expected Q3 2023 Earnings, NFLX Shares Jump Over 12%
In Q3 2023, Netflix finalized a share buyback of about $2.5 billion and increased its repurchase authorization by $10 billion.
Netflix Shares Drop 8% after Reporting Mixed Q2 2023 Earnings
Netflix announced that it anticipates yearly free cash flow of about $5 billion as its subscription increased by 8 percent during the second quarter.
Netflix Posts Subscribers’ Growth and Impressive Financials, Analysts Raise NFLX Price Target
While Netflix currently boasts remarkable financials, the company’s stock could pull back, which would be a buying window for many.
Netflix Stock Jumps 9% on Ad-Tier Growth, Currently Trading at $371
By
Tolu Ajiboye
Streaming giant Netflix experienced a rise in stock value Thursday after pitching advertisers at its first Upfronts session.
Netflix Overthrows Expectation on Subscribers in Q4, CEO Steps Down
Co-founder Reed Hastings is stepping down as the CEO.
Netflix Squashes Expectations in Fiscal Q3 2022, NFLX Stock Jumps 14%
Netflix wrote in its fiscal Q3 earnings announcement that it is “optimistic” about its new advertising business.
Netflix Introduces ‘Basic with Ads’ Plan at $6.99 per Month
Netflix is rolling out the Basic with Ads plan after recording a reduction in subscribers for the first time in over a decade.
Netflix to Build Its Own Game Studio in Finland
By
Tolu Ajiboye
Streaming giant Netflix recently announced plans to establish its first-of-its-kind game studio to boost audience numbers.
Netflix Posts Q2 2022 Earnings Report, Reveals 8.6% YoY Revenue Increase but 970K Loss in Subscribers
By
Tolu Ajiboye
Released Q2 Netflix results show that the company lost fewer subscribers than estimated amid plans to launch a cheaper ad-supported tier.
NFLX Shares Slumps 35% as Netflix Loses Subscribers for First Time in Decade
Netflix is classified among the most prestigious of stocks called FAANG, and while it still remains an elite asset, a number of financial advisors are downgrading their rating on the shares at the moment.
NFLX Stock Down 27%, Netflix Announces Loss of 200K Paid Subscribers in Q1 2022
Following a 35% fall after reports on the subscribers’ loss, Netflix is now down 27.15% in the pre-market trading.
Pershing Square Capital Becomes Top 20 Holder of Netflix, NFLX Stock Up 4%
Bill Ackman’s Pershing Square Capital acquires 3.1 million shares of Netflix despite the stock losing more than 40% valuations in a month’s time.
NFLX Stock Tanks Following Jefferies Downgrade as Netflix Shifts Focus to Video Games
By
Darya Rudz
According to Jefferies, Netflix stock is now rating as hold, not buy. Besides, the company set a new price target for $415.00 expecting Netflix shares to rise by up to 7.19% within the next 12 months.
NFLX Stock Down 20% as Netflix Reports Q4 2021 Earnings, Stating Slowing Subscriber Growth
Netflix blamed increased competition from other streaming companies for the slowdown.
NFLX Stock Down 0.26% as Netflix Launches Its Games on iPhone and iPad
Netflix comes off as one of the few game launchers that have found a soft landing with Apple as the company has a very strict emphasis on privacy.