NFLX) stock

2022 - 10 - 18

Netflix adds more than 2.4 million subscribers, reveals details about ... (CNBC)

Netflix adds more than 2.4 million subscribers, reveals details about password-sharing crackdown · Netflix beat third-quarter expectations on the top and bottom ...

While it doesn't expect the new tier will add a material contribution to its fourth-quarter results, it foresees membership growing gradually over time. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago. The streamer said it was "very optimistic" about its new advertising business. "We're still not growing as fast as we'd like," Spencer Neumann, Netflix's chief financial officer, said during the company's earnings call. The U.S.-Canada region had the smallest growth of Netflix's regions, contributing just 100,000 net subscribers. Additionally, Netflix will begin to crack down on password sharing next year, opting to allow people who have been borrowing accounts to create their own.

Netflix (NFLX Stock) share price surges as subscriber growth ... (FXStreet)

After two successive quarters of negative subscriber growth, paid memberships rebounded in Q3 by 2.41m subscribers, well above expectations of just ov.

EUR/USD remains on the back foot amid cautious optimism and the resurgent US dollar. Gold comes under some renewed selling pressure on Wednesday and drops to a three-week low during the early European session. From the tone of the shareholder letter, it’s clear that Netflix doesn’t expect a material contribution from the new ad tier in Q4. USD/JPY is extending its strong bullish run to the highest level since August 1990 near 149.50. Five out of eight major currencies face inflation reports this week. The UK CPI data puts the BOE in a tough spot following the government's fiscal and political fiasco. Speculations persist that Japanese authorities will intervene again, as the pair closes in on the 150.00 trigger point. Here is the state of inflation and currencies in a busy week. This means that despite an expectation of an increase in the subscriber base of 4.5m, Netflix expects to see lower revenues? You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Total subscribers are now at a new record high of 223.09m with Netflix saying that they expect this to rise 4.5m to 227.59m in Q4. A mixed market mood and the US dollar rebound are weighing on the pair.

Netflix Stock Gets 2 Upgrades. Wall Street Says It's Time to Buy. (Barron's)

Netflix's third-quarter earnings send the stock soaring. Two analysts on Wall Street upgraded their ratings on the stock, while others issued price target ...

That was well received by investors, as the stock was 13% up at $272.19 in premarket trading. have sent the shares soaring and left Wall Street re-evaluating the streaming giant. ](https://www.barrons.com/market-data/stocks/nflx)

Why Netflix Stock Rocketed Higher Wednesday Morning (Motley Fool)

Shares of Netflix (NFLX 15.28%) charged sharply higher on Wednesday, surging as much as 15.9%. As of 10:37 a.m. ET, the stock was still up 15.5%.

Co-CEO Ted Sarandos said, "Our basic with ads tier is going to help us open up Netflix to a whole new audience of folks who are attracted to all that great content at an even lower price point." The "basic with ads" tier will launch in 12 countries and is set debut on Nov. That's why the stock is a buy. The service will include four to five minutes of commercials per hour, with ads of 15 to 30 seconds in length. Perhaps as importantly, it did so in grand fashion, with 2.4 million net additions, far exceeding its own guidance -- and Wall Street's expectations -- of 1 million new subscribers. [streaming pioneer](https://www.fool.com/investing/stock-market/market-sectors/communication/media-stocks/streaming-service-stocks/) higher was the company's financial results, which held good news on multiple fronts.

Netflix stock rockets toward best day in 21 months as company ... (MarketWatch)

Two analysts upgrade Netflix shares following latest earnings report, while others express more caution. Viewers hoping to watch “Stranger Things” and other ...

He also wonders how quickly the ad business will be able to offset the revenue impact of existing subscribers opting to pay less for the ad-supported tier. With the ad tier upcoming, Netflix plans to stop offering subscriber guidance while it instead focuses on giving revenue projections. KeyBanc Capital Markets analysts led by Justin Patterson cautioned that the investment risk in Netflix could include “mis-execution” around its monetization measures. From the tone of the shareholder letter, it’s clear that Netflix doesn’t expect a material contribution from the new ad tier in Q4,” he said in a note. “The 100M ‘account borrowers’ Netflix has counted represent a clear and present growth opportunity that Netflix will soon be in a position to exploit,” they wrote. dollar for the headwinds with respect to its Q4 numbers. The Deutsche Bank team raised their price target on the stock to $350 from $270. The Evercore ISI team, led by Mark Mahaney, seemed to buy into that long-term vision. Analysts at JPMorgan also struck an upbeat tone as Netflix readies for the new monetization initiatives. Under the plan, the company will allow those who are currently using someone else’s password to migrate to their own accounts and will also let account holders pay extra to create subaccounts for family members or friends. [NFLX, +12.72%](/investing/stock/NFLX?mod=MW_story_quote)shares were up more than 15% in morning action action and were on pace to log their largest single-day percentage gain since Jan. The latest rally comes the morning after executives told investors that the company ended the third quarter with an additional 2.4 million members, bringing its total subscriber count up to 223 million.

Netflix (NFLX) Stock Surges 12% on Q3 Earnings Beat (Investorplace.com)

Netflix (NFLX) stock is on the rise Wednesday after the video streaming service reported earnings results for the third quarter of 2022.

On the date of publication, William White did not hold (either directly or indirectly) any positions in the securities mentioned in this article. You can find all of that at the following links! That would miss Wall Street’s estimates of $1.12 per share on revenue of $7.98 billion for the period. That’s quickly approaching the daily average trading volume of 10.9 million shares. This has been a concern of NFLX stock investors after the company reported subscriber losses in the first two quarters of 2022. The company expects EPS of 36 cents alongside revenue of $7.78 billion for Q4.