Trading in Netflix, Inc. NFLX is quiet Wednesday as the stock continues to consolidate. But there is a chance the recent uptrend may be about to resume.The price action in the stock may be creating a classic ‘Flag Pattern'. It has bullish implications and suggests that the shares may move higher. This is why it is our Stock of the Day.Technical analysts look for patterns on charts. These patterns form as a result of the price action of a stock.For example, if the leadership of a market changes from bears to ...

Here's our initial take on Netflix's (NFLX 0.22%) fourth-quarter financial report.Key MetricsMetricQ4 2023Q4 2024Changevs. ExpectationsRevenue$8.83 billion$10.25 billion16%BeatEarnings per share$2.11$4.27102%BeatPaid members260.3 million301.6 million16%BeatOperating margin16.9%22.2%5.3 ppn/aNetflix Adds Nearly 19 Million Paid SubscribersFourth quarter results from the streaming giant look strong all around. The company handily beat expectations on both the top and bottom lines, and the company's operating m ...

Netflix Inc (NFLX) amazed Wall Street with exceptional performance, reporting stellar subscriber numbers that sent its stock soaring 12.3% since its earnings announcement on Jan. 21. Notably, this is not just a win for Netflix, it’s also a golden moment for iconic chipmaker NVIDIA (NVDA) .Netflix’s Big Win Shows Streaming is Here to StayNetflix had an amazing fourth-quarter of 2024, having gained 19 million new subscribers — the most ever added in a single quarter. This brought its total 2024 net additions ...

Netflix (NFLX 0.36%) has shown investors once again who's on top of the streaming industry. On Jan. 21, the company reported its Q4 2024 earnings, and they were a doozy. Revenue growth accelerated, profit margins climbed higher, and total streaming membership surpassed 300 million.Unsurprisingly, Netflix stock soared in the days following this announcement. It currently sits at a price just below $1,000 per share, a point where companies often start thinking about a stock split. Netflix has already split it ...

Netflix (NFLX 0.36%) continues to be a winning bet for investors. Shares are up 70% just in the past 12 months. And they have soared 1,420% in the past decade, crushing the performance of the S&P 500.Warren Buffett, the legendary investor who is the longtime CEO of Berkshire Hathaway, is familiar with the media landscape, as some of his company's current positions demonstrate. However, he missed the boat on Netflix, which would have been a positive contributor to the conglomerate's financial success.Buffett ...

Some investors and analysts were writing Netflix's (NFLX 0.36%) eulogy not too long ago. Though it delivered life-changing results from the early 2010s through the early pandemic years, the streaming specialist started encountering issues, including slow revenue and subscriber growth, and mounting competition.However, Netflix has successfully dealt with these challenges and has delivered excellent financial results in the past few years. Could Netflix keep up this momentum? My view is that the streaming lea ...

Strong streaming engagement is great for the industry, and Roku is on top.Netflix (NFLX 0.36%) wowed the markets last week with a blowout quarter, and its stock jumped higher on the news. And savvy investors might see this as a win not only for Netflix, but also for streaming giant Roku (ROKU -2.96%). Let's go through the story and see why you might want to buy Roku stock right now.Netflix's excellent resultsNetflix reported spectacular fourth-quarter results last week, with its highest-ever quarterly add-o ...

The streaming superstar just reported a blowout quarter.Netflix (NFLX 0.36%) has revived itself after facing an onslaught of competition and an eroding lead in streaming. It just delivered fantastic news for investors, and its stock is up 70% over the past year. But can it keep raising the bar? Let's see if there's any room left to gain in 2025.A smashing quarterThe highlight of Netflix's fourth-quarter report was an 18.9 million add-on in subscribers -- its highest-ever quarterly add-on. That's pretty asto ...

Netflix (NFLX -0.50%) has been without a doubt one of the best-performing stocks this century. If you were lucky enough or foresightful enough to invest $1,000 in this streaming stock in late January 2005 and hold on, your position would be worth a whopping $617,000 as of Jan. 27. This almost 62,000% gain is well ahead of the total return of the S&P 500. A similar investment in the index would have grown into just shy of $7,600 over those 20 years. Let's take a closer look at Netflix's rise to become the st ...

Momentum Investing Overview - Momentum investing focuses on following a stock's recent trend, aiming to buy high and sell even higher by capitalizing on established price trends [1] - The Zacks Momentum Style Score helps identify momentum stocks by evaluating key metrics like price change and earnings estimate revisions [2][3] Netflix (NFLX) Momentum Analysis - Netflix currently has a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating strong potential for market outperformance [3][4] - NFLX shares have risen 13.92% over the past week, significantly outperforming the Zacks Broadcast Radio and Television industry's 2.09% gain [6] - Over the past quarter, NFLX shares have increased 25.37%, and over the past year, they have gained 73.4%, far exceeding the S&P 500's 3.85% and 24.08% gains, respectively [7] - NFLX's 20-day average trading volume is 4,143,005 shares, with rising stock prices and above-average volume signaling bullish momentum [8] Earnings Estimate Revisions - Over the past two months, 12 earnings estimates for NFLX have been revised higher for the full year, with no downward revisions, boosting the consensus estimate from $23.64 to $24.58 [10] - For the next fiscal year, 9 estimates have been revised upwards, with no downward revisions, further supporting NFLX's positive momentum [10] Conclusion - Netflix's strong momentum, supported by price performance, trading volume, and upward earnings estimate revisions, makes it a promising momentum pick [11][12]