Nasdaq NFLX NetFlix

In this episode of Rule Breaker Investing: Pet Peeves, Vol. 5, Motley Fool co-founder David Gardner is joined by Motley Fool analyst Karl Thiel to review 5 Stocks Celebrating The 2018 World Cup. Discover how these stocks have performed since they were recommended two years ago.

The coronavirus is here to stay. Well, hopefully not indefinitely, but for longer than anyone was expecting when it first began making headlines at the turn of the year. The recent surge in cases just as the economy was reopening means an additional stay-at-home period might be in the cards. In such a situation, what are we to do? Watch Netflix (NFLX).

That is the basis for the Netflix bull case from Monness analyst Brian White, who said, “Given the expansion of this COVID-19 crisis across a larger swath of the U.S., disrupting more states and further exasperating fears of a second-wave potentially returning to the hardest hit geographies later this year, there is a view developing that this pandemic will be with us longer than many first expected and we believe people will continue to tune into Netflix as a core source of entertainment.”

The 5-star analyst expects another strong showing, when Netflix posts 2Q20 earnings this Thursday (July 16). Although White doesn’t think Netflix will report the same record-breaking number of new subscribers as it did in Q1 – recall, Netflix added 15.8 million global accounts in the first quarter – he still predicts 7.5 million new additions, amounting to a year-over-year increase of 26%. Overall, White’s estimates are in line with the rest of the Street, expecting revenue to increase by 23% year-over-year to $6.05 billion (consensus calls for $6.08 billion) and EPS to come in at $1.81 – identical to the consensus estimate.

The downside is that White expects lower June quarter sales than usual. He forecasts a gain of 5% quarter-over-quarter, which is below the four-year average of 7% quarter-over-quarter growth.

Despite his expectation of lower sales, White reiterated a Buy rating along with a $500 price target. In line with recent trends, that price target is one Netflix has already surpassed on its way to a new high of $548.73. Therefore, the target indicates downside potential of 5%. (To watch White’s track record, click here)

Sentiment is similar across the Street. Based on 22 Buys, 9 Holds and 4 Sells, the analyst consensus rates Netflix a Moderate Buy. However, there’s downside potential of 12%, should the $480.55 average price target be met over the next 12 months. (See Netflix stock analysis 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.

Investors in Netflix Inc (Symbol: NFLX) saw new options begin trading today, for the September 2021 expiration. One of the key data points that goes into the price an option buyer is willing to pay, is the time value, so with 431 days until expiration the newly trading contra

A compilation of the most active stocks on U.S. exchanges. For faster updates on individual market-movers, Eikon users please use search string "STXBZ US" and Thomson One users please search "RT/STXBZ US".

The stakes are high for Netflix (NASDAQ: NFLX) this week. The undisputed champ of premium streaming video reports quarterly results shortly after Thursday's market close. With Netflix stock entering this week hitting another all-time high on Friday afternoon -- surging 26% sinc

Investor enthusiasm could hardly be higher heading into the second-quarter earnings report from Netflix (NASDAQ: NFLX). CEO Reed Hastings and his team tried to temper expectations following their first-quarter blowout, yet shares have still raced ahead to more than $500 in the w

At a conference in 2015, Netflix (NASDAQ: NFLX) CEO Reed Hastings famously predicted, "We will come to see that linear TV declines every year for the next 20 years and that internet TV rises every year for the next 20 years." 

This week, Netflix (NASDAQ: NFLX) will help kick off earnings season. The streaming media company is slated to report its second-quarter results on Thursday, making it one of the first megacap stocks to report earnings for the second calendar quarter of 2020.

Stocks rose last week, as both the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) edged closer to positive territory for the year. Just a few days into the second half of 2020, the Dow is lower by 9% while the S&P is only down about 2%.

The second quarter earnings season of 2020 is finally here. One way or another, the list of concerns the market has had regarding the devastation the coronavirus pandemic had on corporate profits will be realized.

Though many COVID-19 drug and vaccine trials are under way today, there's no guarantee that they will be successful in the next year (or longer). Meanwhile, the long pandemic could also have huge, lasting effects, harming many industries, while also boosting the stocks of certai

With so many people staying home during the COVID-19 pandemic and needing to entertain themselves, Netflix (NASDAQ: NFLX) has emerged as an inadvertent beneficiary of the public health crisis. The video-streaming leader posted a massive (if unsurprising) spike in subscriber addi

With so many people staying home during the COVID-19 pandemic and needing to entertain themselves, Netflix (NASDAQ: NFLX) has emerged as an inadvertent beneficiary of the public health crisis. The video-streaming leader posted a massive (if unsurprising) spike in subscriber addi

The entertainment sector has been complicated in 2020. Some stocks crashed due to the COVID-19 pandemic, others surged because the same health crisis actually helped them, and many are stuck in between those extremes.

The entertainment sector has been complicated in 2020. Some stocks crashed due to the COVID-19 pandemic, others surged because the same health crisis actually helped them, and many are stuck in between those extremes.

Despite the brutal economic conditions that still have much of the economy on the sidelines, and the resurgence of COVID-19 cases in recent weeks, some of the most beaten-down stocks are leading today's charge higher for the S&P 500 (SNPINDEX: ^GSPC). The index ended the w

Despite the brutal economic conditions that still have much of the economy on the sidelines, and the resurgence of COVID-19 cases in recent weeks, some of the most beaten-down stocks are leading today's charge higher for the S&P 500 (SNPINDEX: ^GSPC). The index ended the w

U.S. stocks rose on Friday as a positive analysis on Gilead Sciences Inc's antiviral drug to treat COVID-19 helped to soothe investor worries over a record rise in coronavirus cases in the United States, and as financial shares surged.

U.S. stocks rose on Friday as a positive analysis on Gilead Sciences Inc's antiviral drug to treat COVID-19 helped to soothe investor worries over a record rise in coronavirus cases in the United States, and as financial shares surged.

U.S. stocks rose on Friday as a positive analysis on Gilead Sciences Inc's antiviral drug to treat COVID-19 helped to soothe investor worries over a record rise in coronavirus cases in the United States, and as financial shares surged.