NFLX
Netflix (NASDAQ: NFLX) declined sharply in after-hours trading despite reporting better-than-expected...
Article Summary
HOLD- Netflix (NASDAQ: NFLX) declined sharply in after-hours trading despite reporting better-than-expected first-quarter results, with shares down more than 9% as investors focused on weaker than expected second-quarter earnings expectations.
- Netflix reported lower revenue growth and lowered guidance for the second quarter, and shares dropped more than 10% after the results, reflecting investor concerns about the outlook.
- Despite the company's earnings beat, the stock dropped sharply after the report due to concerns about guidance and guidance revisions, and the stock fell further after news emerged that Israel and Lebanon agreed to a 10-day ceasefire, raising hopes for a permanent peace deal with Iran.
- The news boosted U.S. stock futures, with S&P 500, Nasdaq, and Dow futures all rising as markets recovered from recent volatility tied to the Iran conflict.
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Growth Stock Scoring Breakdown
| METRIC | VALUE | WEIGHT | ANALYSIS |
|---|---|---|---|
| Sales Growth TTM ? | 16.5% | 25% | 60.0 ptsModerate (16.5%) - Decent growth |
| EPS Growth Next 5Y ? | 21.9% | 25% | 70.0 ptsGood (21.9%) - Solid outlook |
| Target Price Upside ? | 6.2% | 20% | 35.0 ptsBelow Screener (6.2%) - Target: $114.48 vs Current: $107.79 |
| Gross Margin % ? | 48.6% | 15% | 60.0 ptsSolid (48.6%) - Decent margins |
| Drawdown from 52-Wk High ? | -19.6% | 15% | 40.0 ptsMild Pullback (-19.6%) - Light entry opportunity |
Disclaimer: This rating is for informational purposes only and is not financial advice.
All data sourced from Finviz.
Always conduct your own research and consult with a financial advisor before making investment decisions.
Past performance does not guarantee future results.
About NFLX
- Netflix, Inc. provides entertainment services worldwide.
- The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages.
- It also provides members the ability to receive streaming content through a host of internet-connected devices, including TVs, digital video players, TV set-top boxes, and mobile devices.
- Netflix, Inc. was incorporated in 1997 and is headquartered in Los Gatos, California.