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Netflix NFLX recently announced that Brazilian actor Gabriel Leone would play the protagonist of three-time F1 champion Aryton Senna da Silva in its miniseries Senna. The series will be shot in English and Brazilian Portuguese and is expected to be available in 2024.The s

Sometimes I stumble across an old article of mine that seems more potent now than it did at the time. A little more than three years ago -- Jan. 8, 2013, to be exact -- I offered up an article on three disruptive growth stocks that I thought were worth buying at the time. It turn

In the latest trading session, Netflix (NFLX) closed at $305.79, marking a +0.22% move from the previous day. This move lagged the S&P 500's daily gain of 1.3%. Elsewhere, the Dow gained 0.98%, while the tech-heavy Nasdaq added 7.48%.

Netflix’s NFLX focus on expanding its mobile games portfolio is deepening with 40 new games slated to be released this year and 70 in the development pipeline. The streaming giant is also developing 16 games in its in-house game studios.The company also announced the avai

Netflix ( NASDAQ:NFLX ) stock suffered a massive beatdown recently as the appetite for streaming stocks took a turn lower. As the company enters its new era -- without top boss Reed Hastings in the co-CEO seat and in the midst of a rapidly-maturing streaming industry -- there are definite challenges that warrant Netflix stock's valuation reset. Still, the company has growth levers it can pull, not only to pull ahead of the pack but expand its circle of competence to encompass markets many of its FAANG rivals are pushing into. Therefore, I remain cautiously bullish on Netflix stock. Though I am confident in NFLX's longer-term growth prospects, I don't view the firm as timely. It could take years for the company to regain the hearts of growth investors. Even if Netflix succeeds in new markets (think video gaming), the drag of high interest rates could weigh on the stock's multiple for longer. As such, I believe that only patient long-term investors will benefit from growth in Netflix's new era. It'll be a less-rewarding era, but one that could still help power impressive gains. Netflix Stock Draws Another Line in the Sand Since bottoming out last summer, Netflix stock has been on an impressive run. From the May 2022 bottom to the January 2023 peak, the stock surged more than 121%. More recently, the stock took a dive alongside most other tech stocks in February. At writing, Netflix shares are down about 20% from their 2023 peak. As the stock attempts to draw a new line in the sand in the low-30-times-trailing-earnings range, I do think it's quickly becoming worth another look. Sure, 30.5 times trailing price-to-earnings (P/E) is still a hefty multiple to pay for a growth stock. However, Netflix is an entertainment staple for many people, which can help the stock support a higher multiple. For now, NFLX's growth has seemingly evaporated, thanks in part to macro headwinds that have weighed heavily for a few quarters now. In any case, I think it's hard to dismiss Netflix and its ability to continue to release high-quality content that engages viewers. Even with the growing numbers of competing streamers, it's still tough to cancel a Netflix subscription! There's always something interesting that seems to keep many consumers coming back. For that reason, Netflix appears to be more deserving of its now palatable 30-35 times P/E range. Netflix's Resilience in a Recession Could Impress Netflix has already felt headwinds for quite some time. However, I do think last year's sell-off has lowered expectations to the floor. A recession may not be as horrific as many expect for Netflix. As consumer budgets get pinched, the ad-supported version of the streaming platform must be considered. The lower-cost, ad-supported tier could help Netflix sail smoothly through a recession. Even with the price increases and upsetting "freeloader crackdown," it's clear that Netflix provides a whole lot of value for the price paid. On a price-per-hour basis, it's easy to argue that Netflix offers one of the better value propositions out there. As the streaming pioneer continues conducting business as usual, I don't think it's far-fetched to view Netflix at the bottom of the list of streaming services to cut when times get tough. While only time will tell how Netflix fares once the recession finally moves through the economy, I don't think things will be nearly as bad as they seem. However you categorize Netflix -- consumer staple, discretionary, or fallen growth play -- it has staying power, and there's still plenty of profit to be had in its lower-growth, less-exciting era. Is NFLX Stock a Buy, According to Analysts? Turning to Wall Street, NFLX stock comes in as a Moderate Buy. Out of 35 analyst ratings, there are 17 Buys, 16 Holds, and two Sells. The  average Netflix stock price target is $356.20, implying upside potential of 17.2%. Analyst price targets range from a low of $230.00 per share to a high of $440.00 per share. The Bottom Line on Netflix Stock Streaming isn't exciting anymore, and the biggest growth days are likely over, even as Netflix moves into new industries. Regardless, I view Netflix as more of a higher-growth consumer staple stock rather than a fallen tech titan. If you get in at a good price and are patient, impressive gains are still possible, even without Hastings at the helm. Doubt the streaming pioneer, if you will, but I still think it's a wonderful company for the value crowd, and the Street-high price target of $440 implies around 45% upside potential from here. Disclosure

Warner Bros. Discovery WBD recently announced its partnership with Comscore and VideoAmp. The companies will enable alternate currencies for advertisers across the nation on transactions in its linear inventory and advanced marketing solutions for 2023-2024 upfront.This p

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to

More than a year has passed since the Nasdaq Composite slipped into bear market territory, and the tech-heavy index is still 28% off its high. But smart investors know that drawdowns are a great time to buy stocks. Warren Buffett said as much in 2018, telling CNBC, "The best chan

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Chipotle Mexican Grill Inc (Symbol: CMG), where a total of 3,545 contracts have traded so far, representing approximately 354,500 underlying shares. That amounts to abou

Going by the recent performance of Netflix ( NFLX) stock – the shares have fallen by ~17% since the late-January’s highs – investors appear to be not too keen on the Paid Sharing launches across several international markets (Canada, New Zealand, Spain, Portugal). J.P. Morgan analyst Doug Anmuth believes the downbeat performance is due to “considerable early pushback” around the initiative, with “elevated news headlines, Twitter activity, & customer support engagement” all resulting in worries around "near-term churn.” “Apptopia Downloads (DLs) data suggests increased volatility across all four Paid Sharing markets since the rollout,” the 5-star analyst went on to note, “but we believe headlines may also be impacting other markets where Paid Sharing has not yet been rolled out, including the US.” Back in January, the streaming giant said it anticipates a wider rollout of Paid Sharing later in the quarter. With Q1’s end in sight, Anmuth believes that may yet happen over the next few days, but he also believes that given the “early friction,” investors are increasingly concerned the rollout might be delayed further into 2Q and beyond. “That could put NFLX’s projection for more net adds in 2Q than 1Q at risk,” says the analyst. That also raises the prospect of a wider Paid Sharing rollout in what is usuallya “seasonally weak” quarter (Q2), which also does not seem to have much in the way of “hit content.” On the other hand, a slower rollout of the initiative could lead to better-than-expected Q1 net adds. Timing considerations aside, Anmuth anticipates NFLX to “continue down the path of transitioning users away from widespread account sharing,” and making various tweaks along the way. And that, in the long run, is no bad thing. “Ultimately we expect NFLX to generate more revenue through the combination of Extra Members and new standalone accounts, especially as Paid Sharing is paired with the low-priced Basic With Ads tier (BWA),” the 5-star analyst summed up. All in all, Anmuth keeps a bullish stance by reiterating an Overweight (i.e., Buy) rating, backed with a $390 price target. The implication for investors? Upside of 27% from current levels. (To watch Anmuth’s track record, click here ) Turning now to the rest of the Street, where NFLX’s Moderate Buy consensus rating is based on 17 Buys, 16 Holds and 2 Sells. The analysts see shares rising by 17% over the coming months, considering the average target currently stands at $356.2. ( See Netflix stock forecast on TipRanks) To find good ideas for stocks trading at attractive valuations, visit TipRanks’  Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. Disclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P 500 Value ETF (Symbol: IVE) where we have detected an approximate $261.6 million dollar outflow -- that's a 1.1% decrease week over

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to

AT&T (NYSE: T) and Apple (NASDAQ: AAPL) are both considered stable blue-chip tech stocks to hold during economic downturns. AT&T, which abandoned its media ambitions by spinning off DirecTV and WarnerMedia over the past two and a half years, is now a stable and streamline

It's time to get streaming, baby! I'm not talking about binge-watching your favorite shows on a lazy Sunday afternoon (although that's always a good time). I'm talking about investing in the streaming media stocks that are on fire sale right now.Roku (NASDAQ: ROKU), Walt Disney (

Netflix (NASDAQ: NFLX) surprised many with its most recent quarterly report by adding 7.7 million subscribers -- far more than the 4.6 million analysts had broadly expected.

Meta Platforms (NASDAQ: META), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Netflix (NASDAQ: NFLX), and Alphabet (NASDAQ: GOOG) (NASDAQ: GOGL) have all done an excellent job growing their businesses and boosting profits. This video will compare the FAANG stocks across several fin

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Warner Bros. Discovery’s WBD HBO Max original series The Penguin has signed Theo Rossi for a key role. Theo Rossi will have an important and recurring role opposite Colin Farrell and Cristin Milioti.The Penguin will be an eight-episode drama, a continuation of the Warner

The entertainment industry is a diverse and rapidly-evolving sector. It encompasses several businesses such as film, television, music, sports, gaming, and live events. The industry has witnessed significant growth in recent years, thanks to technological advancements and the inc

Below is Validea's guru fundamental report for NETFLIX INC (NFLX). Of the 22 guru strategies we follow, NFLX rates highest using our P/E/Growth Investor model based on the published strategy of Peter Lynch. This strategy looks for stocks trading at a reasonable price relative to