Why Netflix Shares Are Falling Netflix Inc (NASDAQ
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Why Netflix is a risky stock?
Apr 20, 2022 · Shares of Netflix ( NFLX -3.90%) were going down in flames on Wednesday, plunging by as much as 39% in morning trading. As of …
Why Netflix stock is so volatile?
Apr 25, 2022 · Shares of Netflix ( NFLX -6.36%) continued to drop this morning as the leading streamer is still feeling the consequences of a disastrous earnings report last week. The first-quarter update ...
Why you should buy Netflix stock?
Apr 22, 2022 · Aside from the impact of removing Russian subscribers, Netflix says that there's too much account sharing on its platform, which is cutting into subscriber growth.
Should you buy Netflix stock right now?
Apr 18, 2022 · Netflix is losing market share and growing at less than half the rate of the industry. It needs a new strategy and it's current leadership seems out of gas.
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Apr 22, 2022 · New Delhi: In just two sessions, Netflix stock lost about 40 per cent of its market value following a dip in its subscriber base. After a massive 35 per cent fall on Wednesday, shares of Netflix dropped another 4 per cent on Thursday amid grim business outlook. The streaming giant has lost about two-third of its value in 2022 so far.
Is Netflix a good stock to buy now?
Why is Netflix stock dropping?
Are Netflix losing money?
How much money does Netflix make?
Key Points
Investors are reacting to the stock being downgraded and receiving a lower price target.
NASDAQ: NFLX
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What happened
Shares of Netflix ( NFLX 0.20% ) were sliding today after a Jefferies analyst downgraded the company's stock from a buy rating to hold and cut his price target from $737 down to $415.
So what
Jefferies analyst Andrew Uerkwitz downgraded Netflix's stock and cut its price target, saying that "the best content slate we've seen is doing little" to drive subscriber growth.
Now what
While Netflix investors are right to be disappointed with the company's recent results, dumping the stock right now might not be the best long-term move.
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What happened
Shares of Netflix ( NFLX -0.28% ) plummeted 25% out of the gate Friday morning after its fourth-quarter earnings report revealed slower-than-expected subscriber growth and forecast future subscriber additions that seem to be falling off the table edge. As of 10:52 a.m. ET today, its shares are down 24.06%.
So what
Netflix reported it added 8.3 million new subscribers to its rolls in the fourth quarter, below management's own guidance of 8.5 million. What likely hurt even more, though, was the streaming stock announcing it expected it would add only 2.5 million new subscribers in the first quarter, or fewer than half of what Wall Street was expecting.
Now what
Certainly a slowdown was hinted at when Disney posted its third-quarter results back in November, adding just 2.1 million subscribers to Disney+, while other lockdown darlings like Peloton Interactive were hit from people choosing to enjoy the great outdoors instead of working out in the home.