And you're actually going golfing this weekend, but that's a whole other topic. I don't know if- There's no surprise that you are a sucker for that, and that you would tune in. The average target predicts a decrease of -12.66 from the current stock price of 636.18. SEANA SMITH: I don't know if you're exactly- Yeah. Stock Price Forecast The 31 analysts with 12-month price forecasts for Netflix stock have an average target of 555.65, with a low estimate of 333 and a high estimate of 725. So that live sports element that Netflix has really been trying to bring on, I don't know if the golf programming has been working the same that they expected. So that being one thing, and they had to make sure that they also included that within the risks.īut also, the other spending element here, the investment in live sports, that could drive down long-term margin outlooks, offset partially by higher forecasted subscribers, likely significantly expanded advertising opportunity as well. Netflix has a huge content obligation, about $22 billion worth of commitments there. And there are risks that the company, Pivotal has noted. And you compare that to some of the mixed reporting, or mixed performance, I should say, from some of the peers on the Street since the start of the year.īRAD SMITH: Just two contingencies I want to point out that they actually mentioned are part of this valuation as well. Even just year to date, gains looking just around 27%. (NFLX) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. We certainly have been up about 77% over the last year. We've had this steady climb to the upside ever since really the end of October, beginning of November here. ![]() That free cash-flow generation being the driving factors of what they think is going to continue Netflix's momentum here to the upside. That strong ARPU number that you were just talking about. ![]() They're expecting strong subscriber growth. So ultimately, Netflix not only creating perhaps a de facto standard, but also trying to make sure that it's meeting the expectations of Pivotal who is looking for some big forecasts here on ARPU, that Average Revenue Per User, primary driver of that $65 price-target increase that we saw. I mean, they certainly have set the bar for even activist campaigns, and say, hey, why aren't you doing what Netflix is doing in providing us some of those fat margins. And the analysts behind the call said Netflix has won the streaming war- strong words there- and will outperform estimates for subscriber growth. Pivotal Research Group raising its price target on the stock to $765 from $700. It ended the quarter with 247mn subscribers, up 11 per cent from a year earlier. ![]() Editor's note: This article was written by Nicholas Jacobino Video TranscriptīRAD SMITH: A new Wall Street high for Netflix. Netflix’s earnings of 3.75 a share in the third quarter were above Wall Street forecasts for 3.52.
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