Is Netflix Stock a Buy Post Q3 Earnings Beat and Raised Guidance?

Netflix's raised guidance, fueled by live sports events, diverse content and booming ad revenue growth, makes the stock worth a buy. ... Is Netflix Stock a Buy Post Q3 Earnings Beat and Raised ...


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Netflix's Third-Quarter Results Exceeded Expectations. But Is The …

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Oct 21, 2024  · Because Netflix beat Wall Street's estimates for both revenue and earnings per share. Analysts expected $9.77 billion in revenue and earnings per share (EPS) of $5.13.

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Buy Netflix Ahead Of A Possible Q3 Earnings Beat This Week

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The stock price of Netflix has soared 54.3% year to date, surpassing the S&P 500’s rally of 22.6%. Netflix has an Earnings ESP of +1.37% and carries a Zacks Rank #2 (Buy).

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Netflix 'Should Continue To Outperform': 6 Analysts On Streaming …

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Oct 18, 2024  · NFLX Price Action: Netflix stock is up 10% to $758.43 on Friday versus a 52-week trading range of $392.26 to $761.87. Netflix stock is up 62% year-to-date in 2024. Netflix stock …

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Netflix Blasts Off After Big Beat-And-Raise Earnings Report

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Oct 18, 2024  · On the stock market today, Netflix stock jumped 11.1% to close at 763.89. Earlier in the session, it notched an all-time high of 766.28. Earlier in the session, it notched an all …

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Is Netflix A Buy Ahead Of Its Q3 Earnings? | Markets Insider

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Oct 9, 2024  · For Q3, my Buy stance on Netflix remains strong, as the company is forecasting a revenue growth rate of 14% and an operating profit margin of 28.1%. This would mark a …

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Bearish Analyst Regrets Not Upgrading Netflix To Buy In 2023

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18 hours ago  · These include Netflix reaching 490 million members in 2033 with a ~37% operating profit margin and an eight-year discounted cash flow approach that assumes a normalized 37 …

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Analysts Mostly Positive On Netflix Stock Before Q3 Report

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Oct 8, 2024  · On the stock market today, Netflix stock rose 2.8% to close at 721.76. Netflix stock has been trading in a tight range since it broke out of a cup base at a buy point of 697.49 on …

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Monday.com Stock May Rise As CRM Drives 25,000 New Accounts …

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5 days ago  · Monday.com beat third quarter expectations on the top and bottom lines and raised guidance. Since then, the company's stock has fallen 28%. Wall Street sees 39% upside.

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FAQs about Is Netflix Stock a Buy Post Q3 Earnings Beat and Raised Guidance? Coupon?

Is Netflix a good stock to buy?

Because Netflix beat Wall Street's estimates for both revenue and earnings per share. Analysts expected $9.77 billion in revenue and earnings per share (EPS) of $5.13. Netflix exceeded both of these estimates and also raised full-year guidance, a tried and true recipe for a stock pop. Netflix has been prioritizing growth that is also profitable. ...

Is Netflix a good stock to buy in Q3?

One of the key contributors to volatility in Q3 could be valuation. Currently, Netflix trades at a forward price-to-earnings (P/E) ratio of 37.7x, the highest it has been since 2022. Although this indicates an increasing valuation, I still believe it remains relatively inexpensive compared to the stock’s five-year average P/E of 46.8x. ...

Will Netflix's Q3 earnings affect Wall Street's consensus?

Streaming giant Netflix (NFLX) is set to report its Q3 earnings on October 17th. While concerns about subscriber growth may be affecting Wall Street’s consensus on Netflix shares this quarter, the company is projecting double-digit revenue growth and an increase in margins as it moves toward advertising for monetization. ...

Is Netflix's stock overvalued?

We expect the rates of sales growth and margin expansion to continue moderating, making the stock’s valuation look stretched. With its 2-star rating, we believe Netflix’s stock is overvalued compared with our long-term fair value estimate of $550, which implies a multiple of 23 times our 2025 earnings per share forecast. ...

What do Netflix's Q3 results mean for the future?

Let's dig into the quarter's results and, more importantly, what they mean for the future. When Netflix set its Q3 2024 outlook in July, the company guided for year-over-year revenue growth of 14% and for paid net additions to be lower than in Q3 2023. ...

How did consumer subscription stocks perform in Q3?

The 8 consumer subscription stocks we track reported a mixed Q3. As a group, revenues beat analysts’ consensus estimates by 1.4% while next quarter’s revenue guidance was 2.2% below. In light of this news, share prices of the companies have held steady as they are up 3.5% on average since the latest earnings results. Netflix (NASDAQ:NFLX) ...

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