Nasdaq NFLX NetFlix

Following rumors that surfaced in May, Netflix (NASDAQ: NFLX) confirmed last week that it is jumping into video games. When the video-streaming leader reported second-quarter results, it outlined its plans to expand into games, starting with titles optimized for mobile devices. N

A lot of investors focus their attention on large- and mega-cap stocks like Amazon and Netflix. However, some of the best future opportunities can be found in smaller companies with market caps under $25 billion, and sometimes much smaller. One under-the-radar footwear company wi

The stock market keeps pushing upward, as evidenced by the fresh all-time highs that the S&P 500 benchmark reached last week. Even so, many high-quality stocks are trading lower these days as market makers continue to shy away from the high fliers of the coronavirus lockdown

It's official. Investors and analysts widely expected tepid subscriber growth numbers from Netflix (NASDAQ: NFLX) during its recently ended second quarter, and they got exactly that. While the company technically topped its own guidance of 1.0 million, the actual net addition of

Investing is the best way to quickly grow your wealth, so why don't more people do it? I imagine one reason is that many of them have some misconceptions about what investing entails.

Roku (NASDAQ: ROKU) has been a phenomenal growth stock since its IPO in Sept. 2017. The streaming device company went public at $14 per share, started trading at $15.78, and is now worth about $420 per share. Let's look back at how Roku grew from a start-up into a $55 billion com

The U.S. Fed meets on Tuesday and Wednesday and looks set to debate when and how to kick off a bond taper, even as a surging Delta variant caseload revives economic risks from a pandemic many policymakers had hoped was drawing to a close.

Alphabet's (NASDAQ: GOOGL)(NASDAQ: GOOG) Google is sued over its app store. Wells Fargo (NYSE: WFC) cuts its personal lines of credit. The Chinese government slows down ride-hailing app Didi (NYSE: DIDI). Stamps.com (NASDAQ: STMP) is being taken private. Levi Strauss (NYSE: LEVI)

Hemisphere Media Group Inc, a U.S. streaming and broadcasting company focused on attracting Hispanic viewers, is exploring options that include a potential sale, according to people familiar with the matter.

Investors in Netflix Inc (Symbol: NFLX) saw new options begin trading today, for the September 3rd expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NFLX options chain for the new September 3rd contracts and identified one put and one cal

Hemisphere Media Group Inc, a U.S. streaming and broadcasting company focused on attracting Hispanic viewers, is exploring options that include a potential sale, according to people familiar with the matter.

For years, Netflix (NASDAQ: NFLX) was one of the most reliable growth stocks on the market. The video streamer would regularly deliver brisk subscriber and revenue growth every quarter as it disrupted the massive video entertainment industry.

It’s earnings season, and the clear winners of the COVID-19 pandemic are finding it difficult to beat their previous sky-high numbers.

One of which, Netflix, Inc. (NFLX), recently posted mixed Q2 results this Tuesday. However, this does not mean its outlook is gloomy. The video streaming mega-cap is expected to grow subscriber numbers and increase user engagement on rising popularity.

Providing his long-term bullish thesis on the stock, Mark Mahaney of Evercore ISI wrote that Netflix’s “fundamental metrics continue to strengthen,” with its revenues inching past Wall Street expectations.

Mahaney reiterated a Buy rating on the stock, and declared a price target of $635. This target reflects a possible 12-month upside of 23.6%. It was reduced from the previous price target of $655.  

The five-star analyst detailed that per subscriber engagement was up 17% year-over-year, and the company has initiated the buyback of shares. Thus far, it has repurchased 1 million shares at an average price of $500, and has a remaining authorization of $4.5 billion. (See Netflix stock chart on TipRanks) 

The share price has been moving sideways since the beginning of 2021, a sign that the COVID-19 boon has been waning. That being said, Mahaney believes the second half of 2021 will provide an attractive entry point. He even added it to the list of his top 3 mega-caps to go long on, along with the likes of Amazon (AMZN) and Uber (UBER).  

As Netflix moves past its reliance on COVID-19-related subscriber additions, Mahaney wrote that its management expects the company to finish the year with a more “normalized growth trajectory.”  

On TipRanks, NFLX has an analyst rating consensus of Moderate Buy, based on 19 Buy, 7 Hold, and 3 Sell ratings. The average Netflix price target is $604.50, suggesting a possible 12-month upside of 17.7%. Netflix closed trading on Wednesday at a price of $513.63 per share.  

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. 

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NENT, the Swedish company challenging streaming giants such as Netflix in the Nordics, reported a rise in subscribers and quarterly operating income as it expands beyond Scandinavia.

AT&T Inc said on Wednesday it would sell Vrio Corp, its DirecTV business unit in Latin America, to Argentina-based investment group Grupo Werthein after taking a $4.6 billion impairment charge.

Wall Street stocks posted their second straight daily gain on Wednesday, with robust corporate earnings and renewed optimism about the U.S. economic recovery fueling a risk-on rally.

Wall Street clinched its second straight advance on Wednesday, as robust corporate earnings and renewed optimism about the U.S. economic recovery fueled investor risk appetite.

Wall Street advanced on Wednesday for the second straight day, as strong corporate earnings and renewed optimism about the U.S. economic recovery stoked investor risk appetite.