Netflix (NFLX) shares fell Friday, cementing their biggest weekly decline since April 4. The stock dropped nearly 5% over the 5-day trading period ending Friday as Tesla (TSLA) CEO Elon Musk continued to urge consumers to boycott the streaming giant. The stock has lagged the broader market, which has climbed about 2% to new record highs over the past week, and has also trailed Big Tech peers like Amazon (AMZN) and Meta (META). The drop comes as Musk amps up calls for a boycott, urging his 227 million fo ...

Group 1 - Netflix, Inc. has been upgraded to a Buy rating by Loop Capital analyst Alan Gould, with a new price target of $1,350 per share, up from $1,150, indicating an 11% upside potential [1][2] - The stock has gained 37% year-to-date as of September 23, reflecting strong market performance [2] - Gould acknowledged his previous downgrade of Netflix as a mistake, citing strong engagement in Q3 and a robust content slate for Q4 as key factors for the upgrade [2][3] Group 2 - The analyst raised third-quarter estimates for Netflix, highlighting its dominant position in the entertainment industry despite competition [3] - Long-term margin assumptions have increased, with each dollar of content generating more revenue, leading to higher earnings and free cash flow [2]

Gould called the company's third-quarter subscriber engagement "exceptional" with such popular content as "Squid Game," "Wednesday" and "KPop Demon Hunters." Further, Netflix has a "strong Q4 content slate" on tap, he said. Key fourth-quarter releases include the final season of "Stranger Things," "The Diplomat" season three, a Christmas NFL doubleheader, Guillermo del Toro's "Frankenstein," "Troll 2" and the next "Knives Out" mystery film. Netflix Stock Is In Flat Base Netflix "has won the streaming wars, ...

Core Insights - Netflix has updated its "Moments" feature, allowing users to select start and end points for clips to save and share, enhancing user engagement with content [1] - The update aligns with the release of the second part of season 2 of the popular series "Wednesday," which has become a significant driver of viewership for Netflix [1][2] - "Wednesday" has achieved over 252 million views, making it the most popular show on Netflix to date [2] Feature Update - The "Moments" feature was initially launched last year and is now exclusively available on mobile devices [1] - The new "clip" option enables users to adjust the length of segments, which can then be saved in the "My Netflix" tab for easy access and sharing [1] Strategic Initiatives - The update is part of Netflix's broader strategy to revamp its brand, including a redesigned homepage and a vertical video feed similar to TikTok [3] - Netflix has been implementing various strategic moves since a period of stagnation in 2022, including a cheaper ad-supported subscription plan and measures against password sharing [3] Membership Data - Although Netflix no longer releases subscription data, it reported having over 300 million paid memberships as of January [4]

This weekend’s recommendations include sequels and reboots that are worth your time, from “King of the Hill” to “Wednesday” https://t.co/0kAu2PRKHJ ...

Netflix Series - "Wednesday" Season 2 will have a split schedule [1] Creators' Explanation - Creators explain the split schedule of the Netflix hit "Wednesday" Season 2 [1]

Cultural Impact - The Addams family members have been mainstays of Halloween costumes for decades [1] - The characters' enduring popularity across generations is not due to them being wicked or weird [1]

Part of the appeal of “Wednesday” is its mix of the ordinary and the eerie. The spookily popular series—about the eldest child of the Addams family—returns on August 6th https://t.co/AqK59MRfZ4 ...

Content Overview - The document discusses the potential renewal of the Netflix series "Wednesday" for a third season [1] Industry Focus - The entertainment industry is interested in the renewal status of popular shows like "Wednesday" due to its impact on subscriber retention and acquisition for streaming platforms [1]

Will Netflix renew "Wednesday" for a season 3? https://t.co/Rr47KQBQKR https://t.co/a7ENp0sWWz ...