![]() The stock is up more than 100% throughout the last year. The stock shot higher by more than 10% at one point Thursday morning, up to $375.47 a share, according to data from Benzinga Pro. Price Action: Netflix’s stock has been on an incredible run throughout the past few months. See Also: Why Palantir Stock Looks Set To Extend Gains Today Netflix with ads cost only $6.99 a month, which is about $3 cheaper than its most basic ad-free subscription. Netflix’s new tier also opens the door at a cheaper price point for users that may have been priced out in the past. The company also reported a 33.5 increase in operating income, which climbed to 1. Its stock (NFLX) was up around 13 in early trading. Stock Analysis Analyst Forecasts Chart Competitors Earnings Financials Headlines Insider Trades Options Chain Ownership SEC Filings Short Interest Social Media Sustainability. The popular media-streaming platform posted revenue of 7.5 billion in the third quarter of 2021, registering a jump of 16 on a year-on-year basis. Netflix shares rallied in premarket trading after the streaming giant said it continued to add new customers at a rapid clip last quarter. Netflix (NFLX) Stock Chart & Stock Price History. The number of monthly active users for the ad-tier is crucial as it could determine the price that Netflix is able to charge for ads on its service. has its shares listed in the US on the NASDAQ under the ticker name NFLX. Īccording to a report from the Verge, the company disclosed the ad-tier subscription metrics during its 2023 Upfront Presentation. Executives from Netflix called the early signals “promising” and said engagement on the ad-based tier mirrored engagement on Netflix’s traditional streaming platform. No cash balance or cash flow is included in the calculation.Netflix Inc’s NFLX stock shot higher Thursday on reports indicating the company's ad-supported subscription tier has nearly 5 million global monthly active users. Please note all regulatory considerations regarding the presentation of fees must be taken into account. Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Actual performance may differ significantly from backtested performance. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Since trades have not actually been executed, results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity, and may not reflect the impact that certain economic or market factors may have had on the decision-making process. Specifically, backtested results do not reflect actual trading or the effect of material economic and market factors on the decision-making process. Backtested performance is developed with the benefit of hindsight and has inherent limitations. This information is provided for illustrative purposes only. No representations and warranties are made as to the reasonableness of the assumptions. Certain assumptions have been made for modeling purposes and are unlikely to be realized. The forecasts range from a low of 333.00 to a high of 700.00. Changes in these assumptions may have a material impact on the backtested returns presented. Based on short-term price targets offered by 34 analysts, the average price target for Netflix comes to 532.18. The average twelve-month price prediction for Netflix is 553.33 with a high price target of 700.00 and a low price target of 333.00. General assumptions include: XYZ firm would have been able to purchase the securities recommended by the model and the markets were sufficiently liquid to permit all trading. According to the issued ratings of 35 analysts in the last year, the consensus rating for Netflix stock is Moderate Buy based on the current 1 sell rating, 12 hold ratings and 22 buy ratings for NFLX. ![]() Backtested results are calculated by the retroactive application of a model constructed on the basis of historical data and based on assumptions integral to the model which may or may not be testable and are subject to losses. The results reflect performance of a strategy not historically offered to investors and does not represent returns that any investor actually attained. The company is lowering subscription prices in more than 30 smaller markets. ![]() Backtested performance is not an indicator of future actual results. ![]() Disclaimer: The TipRanks Smart Score performance is based on backtested results. (NFLX) Stock Price, Quote & News - Stock Analysis 562.85 -12.94 (-2.25) At close: Jan 30, 2024, 4:00 PM 562.70 -0.15 (-0. ![]()
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