|Bid||0.00 x 1200|
|Ask||0.00 x 2200|
|Day's range||490.83 - 504.82|
|52-week range||252.28 - 504.82|
|Beta (5Y monthly)||0.96|
|PE ratio (TTM)||99.81|
|Earnings date||16 Jul 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||460.21|
The top streaming platform impressed investors with its subscriber totals last quarter, and expects to keep audiences engaged with more content releases in the near term.
With the stock market continuing its rebound from lows during the coronavirus market crash earlier this year, some companies' stocks have done more than recover -- they've soared to new all-time highs. Two notable businesses that have seen their shares skyrocket to record levels recently are Netflix (NASDAQ: AAPL) and Apple (NASDAQ: AAPL). Shares of Apple hit $375.77 at one point on Monday, marking a new all-time high for the stock.
Uncertainty and panic related to the coronavirus disease 2019 (COVID-19) pandemic completely pulled the rug out from beneath the stock market and ultimately sent the benchmark S&P 500 lower by 34% in a mere 33 days. The recently ended quarter featured the best returns for the broad-market indexes since 1998, with the technology-focused Nasdaq Composite galloping to new all-time highs. Right now, there are five exceptionally popular stocks that investors can't seem to get enough of lately that, frankly, I wouldn't buy with free money.
After Netflix (NASDAQ: NFLX) raised prices in early 2019, it was clear it was done raising prices for awhile. The influx of competition this year made it even more unlikely Netflix would ask subscribers for more money every month. Bernstein analyst Todd Juenger notes, "The increased engagement and appreciation for Netflix that a growing number of consumers are experiencing in 2020 could make it that much easier for Netflix to successfully pass through pricing increases in 2021-22."
The new Netflix comedy "Eurovision Song Contest: The Story of Fire Saga" should win over anyone, even if you're not a huge Will Ferrell fan and have no idea what Eurovision is. The film stars Ferrell and Rachel McAdams as the titular Icelandic musical duo, who are pursuing a lifelong dream of winning at the enormous international musical competition. The film features cameo appearances from past Eurovision performers, and it feels less like a parody and more like a celebration — albeit one that fully embraces the insane costumes and over-the-top production numbers.
With the company's shares up about 50% this year, investors will be watching the streaming-TV company's earnings report closely.
Shares of the children's entertainment company rose in anticipation of a surprise announcement Monday.
Top Research Reports for Netflix, Exxon Mobil & Amgen
Behind every monster stock is almost always a company driving tremendous change to an industry. Experienced investors can remember how Amazon transformed both retail -- and later -- the information technology industry. Buying Amazon or Netflix could still keep one rich.
Comcast (CMCSA) owned NBCUniversal signs licensing deal with ViacomCBS to add select Paramount movies and Showtime content on Peacock streaming platform after its launch on Jul 15.
The Zacks Analyst Blog Highlights: Amazon.com, Snap, Netflix, PayPal and Match Group
When Netflix (NASDAQ: NFLX) first pivoted to streaming content from mailed DVDs, it was a relatively small company. It faced potential competition from major players like Disney (NYSE: DIS), Comcast, HBO (which was then owned by Time Warner, but is now owned by AT&T (NYSE: T)), and even Blockbuster. All of those companies could have squashed Netflix by competing with the current streaming leader's moves in 2007.
Wall Street on Wednesday looked to extend a monster Q2 rally, and set the tone for a new month and quarter.
The first half of 2020 was turbulent, but it was generally good to the Nasdaq stock market, and that momentum continued on the first day of July. The Nasdaq Composite (NASDAQINDEX: ^IXIC) and the Nasdaq 100 climbed around 1%, outpacing much of the rest of the market. Amgen (NASDAQ: AMGN) celebrated a valuable legal win, while Netflix (NASDAQ: NFLX) made a strategic hire and got praise from stock analysts.
Uncle Sam best come through with more stimulus checks, or else investors could be battered.
What happened Shares of Netflix (NASDAQ: NFLX) rose as much as 5.4% on Wednesday, setting new all-time highs in the process. The video-streaming veteran's stock price was boosted by bullish actions from two analyst firms.
Millennials have helped in boosting the adoption and use of technology during the pandemic.