Netflix today
As of 04:00 pm
- 52 weeks
- 622.99 dollars
▼
1,341.15 dollars
- P/E ratio.
- 51.63
- The target price
- 1,297.66 dollars
Streaming Giant shares Netflix Inc Nasdak: NFLX On Wednesday, a little less than the brand of $ 1,180, leaving the stock about 15 % of early July. This stumbling block contrasts with the S&P 500 gains of approximately 3 % on the same extension. The difference is remarkable, confusing, and may worry – all at the same time. The bitter birth control pills will also be for investors who enjoy one of the cleaners of multiple years between large technology names.
However, there are reasons for the belief that we are looking at the opportunity to enter a golden. Let’s take a look at two of the most important reasons to be brave and one says he is still cautious.
Reason No. 1 to be brave: the basic strength
Starting with the basics, last month’s report broke the expectations. Revenue increased about 16 % annually, and The arrow’s profits exceeded consensus.
After moving forward, the Netflix Administration shared new revenues and EPS directions that also came in a hot – a step that Wall Street usually loves.
Behind these main rhythms were two prominent drivers.
For example, the emerging ads sector of Netflix is compatible faster than expected, and it already appears strong even if it is still small in the great plan for things.
The growth of the company across the areas was somewhat wide, and its flow in the live broadcast appears to be truly fruits. All this helped send the company’s operating margin to a standard standard of 34 %, and helped them on the side leverage side in the cost of the content.
It is still one of the most famous brands in the world, and it has proven that it is able to innovate and the axis successfully, and it adds subscribers in a large clip. For investors who were watching the stock rally for a while and were very careful to chase the input, this 15 % haircut can be the perfect entry point.
Reason No. 2 to be brave: a landslide support
Netflix stock expectations today
1,297.66 dollars
7.10 % upModerate purchase
Based on 36 analyst classification
| The current price | 1,211.64 dollars |
|---|---|
| High expectations | $ 1,600.00 |
| Average expectations | 1,297.66 dollars |
| Low expectations | $ 680.00 |
Netflix shares details details
The backup of the theory that we can look at a golden opportunity is the fact that The feelings of analysts are still optimistic about an overwhelming majority. “Netflix is still among the best companies in the media and entertainment with sustainable growth drivers who must prove that it can be predicted and defensive among a wide range of macroeconomic scenarios,” said Bank of America after the report.
They are not the only ones. Many analysts have repeated positive views after printing, as many amazing goals are turning to reflect the strongest optimism and belief in the potential of Netflix.
Robert Bird, for example, repeated it It surpasses a classification While raising its target price to 1500 dollars, the update match from Nidham and Jeffrez. Meanwhile, the team in Wales Vargo transferred its target price on Netflix up to $ 1560 –Near a high street.
From the place where the stock was closed on Wednesday, this not only indicates a targeted bullish trend of more than 30 %, but indicates that Netflix shares may return to the highest levels very soon.
1 Reason for caution: evaluation fears
However, it should be noted that not everyone is convinced that this is irrational. In the midst of the support analyst after the report last month, there was at least one team that raised a large and bright red mark.
Philip Securities It reduced its classification for a strong saleOn the pretext that the report was not good enough to justify the assembly, and that the evaluation has become a real concern. With the pre -profit price ratio (P/E) approximately 60, compared to forty it was about 12 months, it is difficult to argue with them.
Phillip Securities Helena Wang analysts for the company’s long -term growth potential, but he feels that there is a much larger correction to restore shares to a healthy level through which to build again. Its goal of $ 950 is a testimony to this, which, even with a 15 % decrease over the past few weeks, indicates that Netflix can decrease easily by 20 % or so.
Wednesday 2.7 % in stock shows that there is still a strong demand, as buyers already enter. It appears that early rejection of the bears try to push the shares without the lowest level on Tuesday. If Netflix managed to stick to a level of $ 1,150 during the weekend, expect the declining momentum to fade.
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