Netflix Inc NFLX made headlines over the weekend, both good and bad, thanks to its highly anticipated live boxing stream featuring Jake Paul and Mike Tyson. The younger Paul won via unanimous decision.The event could be a huge win for Netflix as it ramps up live events, but Friday's fight night showed that sometimes demand is too high and can cause problems even for streamers.What Happened: Friday’s fight card, postponed from an earlier 2024 date, featured the Paul vs. Tyson fight, which pitted one of the u ...

NFLX is brushing off glitches during its broadcast of the Jake Paul vs. Mike Tyson fight Netflix Inc (NASDAQ:NFLX) stock is up 0.3% at $825.41 at last glance, amid news that Beyoncé will perform the halftime show in the Baltimore Ravens-Houston Texans Christmas Day game that the company will exclusively stream. Shares are reversing premarket losses that followed several glitches during its broadcast of the Jake Paul vs. Mike Tyson fight on Saturday -- its biggest live sports event ever.The equity has taken ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...

Core Insights - Netflix shares are under scrutiny following technical glitches during a record 60 million households tuning into a live fight broadcast [2][3] - The relative strength index indicates a potential slowdown in bullish momentum, suggesting possible profit-taking [5] - A technical analysis predicts an upside target of approximately $870, about 6% above the recent closing price [7] Technical Analysis - Since the beginning of the year, Netflix shares have increased by around 69%, significantly outperforming competitors like Disney and Comcast [4] - The relative strength index (RSI) has turned downward, indicating a potential shift in price momentum [5] - A bars pattern analysis suggests a potential price target of $870 based on previous trends [7][8] Support Levels - Key support levels to monitor include $770, $725, and $690, which may attract buying interest during price retracements [9][10] - A close below $770 could lead to further declines towards $725, while a drop to $690 may present additional entry points for investors [9][10]

Can Netflix ace live sports coverage? Here's what you need to know about the lessons learned in last Friday's flawed attempt.Media-streaming pioneer Netflix (NFLX -1.59%) tried its hand at live sports coverage last Friday. The company learned some hard lessons from an event pitting boxing legend Mike Tyson against YouTuber and rising ring warrior Jake Paul. After a night plagued by video buffering and the occasional outage, this event raised questions about Netflix's upcoming live sports coverage. When Netf ...

IRVING, TEXAS - NOVEMBER 14: Jake Paul gets on scale during Weigh-In at the Toyota Music Factory in ... [+] Irving, Texas on November 14, 2024 ahead of his match with Mike Tyson for heavyweight world titles of the Premiere Boxing Championship which will be on November 15 Friday night at AT&T Stadium in Arlington, Texas, United States. (Photo by Tayfun Coskun/Anadolu via Getty Images)Anadolu via Getty ImagesNetflix stock has had a solid year, rising by almost 72% in year-to-date trading. The company successf ...

Investment Rating - Target price of $823.00, with a Hold rating [8][10] Core Viewpoints - Netflix's business model benefits from a two-sided network effect, creating a virtuous cycle between high-quality content and a large user base [1] - Despite competition from tech giants like Apple, Amazon, and Disney, Netflix maintains a leading position in terms of return on investment and profitability [1] - User engagement metrics remain strong, with an average daily usage time of 2 hours per paying user [1] - The ad-supported subscription plan is highly attractive, with ad revenue expected to become a more significant income source by 2026 [1] - Revenue CAGR is projected at 15% from 2023 to 2026, with EPS CAGR at 32% [1] Financial Performance Summary 2024Q3 Performance - Revenue increased by 15% YoY to $9.825 billion, exceeding the company's guidance of 14% [1] - Net subscriber additions reached 5.07 million, bringing the total global user base to 283 million, a 14% YoY increase [1] - Operating margin rose by 7.2 percentage points to 29.6%, surpassing the guidance of 28.1% [1] - Diluted EPS was $5.40, higher than the guidance of $5.10 [1] - The company repurchased 2.6 million shares for $1.7 billion, with $3.1 billion remaining in the current buyback program [1] - Ad-supported user base grew by 35% QoQ, with over 50% of new users in ad-supported regions [1] 2024Q4 Guidance - Revenue is expected to grow by 15% YoY to $10.128 billion, with user growth exceeding 5.07 million [1] - Operating margin is projected at 21.6%, with diluted EPS of $4.23 [1] 2024 and 2025 Guidance - 2024 revenue is expected to grow by 14-15%, with an operating margin of 27% [1] - Free cash flow is projected to be between $6.0-6.5 billion [1] - 2025 revenue is expected to grow by 11-13%, with an operating margin of 28% [1] Valuation and Financial Metrics - DCF valuation assumes a WACC of 9.0% and a long-term growth rate of 3.0%, resulting in a target price of $823.00 [8][10] - Current price implies P/E multiples of 41x, 34x, and 29x for 2024, 2025, and 2026, respectively [8] Regional Performance - North America: Revenue grew by 16% YoY, driven by a 10% increase in members and a 5% rise in ARPU [4] - EMEA: Revenue grew by 16% YoY, primarily driven by new user additions [4] - APAC: Revenue grew by 19% YoY [4] - LATAM: Revenue grew by 9% YoY, with negative net user additions in Q3 but recovery expected in Q4 [4] Ad-Supported Business - Ad-supported monthly active users reached 70 million globally [1] - Ad sales contracts grew by over 150% YoY [4] - Netflix's proprietary ad tech platform is set to launch in Canada in Q4 2024 [4]

Netflix is hitting new highs this week. The good times don't have to end.Netflix (NFLX 0.82%) hit another all-time high on Tuesday. Shares of the world's leading premium streaming service have soared 68% in 2024. The stock has nearly tripled since the start of last year.Investors aren't complaining, obviously. However, it's not as if Netflix's subscriber base or revenue has soared 178% since the start of 2023. The shares may seem to be outrunning the fundamentals, but let's reset the starting line. The stoc ...

For Immediate ReleasesChicago, IL – November 13, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including Netflix, Inc. (NFLX) , Salesforce, Inc. (CRM) and Cisco Systems, Inc. (CSCO) and BK Technologies Corp. (BKTI) . Here are highlights from Wednesday’s Analyst Blog:Top Stock Reports for Netflix, Salesforce and ...

For Immediate ReleasesChicago, IL – November 13, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including The Walt Disney Company (DIS) , Amazon (AMZN) , Netflix (NFLX) and Comcast (CMCSA) . Here are highlights from Wednesday’s Analyst Blog:To Buy Or Not To Buy: Disney Ahead of Q4 EarningsThe Walt Disney Company ...