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Netflix share price2/16/2024 ![]() After all, when most competing streaming services are raising prices, the alternatives aren't as appealing. Netflix's financials (which we'll discuss in the next section) have shown that subscribers have virtually shaken off any reaction to the recent price increases. The company is enjoying the benefits of price increases at a time when many competitors are raising prices.Here are a number of other core bullish drivers for Netflix: Thankfully, the strike ended before the lack of fresh content was able to do any meaningful harm to Netflix's business - the company was still able to release most of its flagship Netflix Originals this year, including new seasons of The Crown, Bridgerton, and The Witcher. The first and foremost, of course, is the end of the Hollywood strikes that have put writers and actors on the sidelines, delayed hundreds of highly anticipated projects, and sapped billions out of the Los Angeles economy. The leading streaming platform has seen its share price rise ~50% year to date, but in my view there's still plenty of wind left in Netflix's sails to keep rallying.ĭata by YCharts Netflix enjoys several catalysts to continue powering share price appreciationĪ confluence of positive drivers for Netflix makes now the opportune time to buy. Netflix ( NASDAQ: NFLX) is a top-notch example here. That doesn't mean, however, that these tech giants with fantastic fundamentals can't and won't make great investments in 2024, especially when there are a number of catalysts underneath their belts to drive growth. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies)Ĭalendars and Economy: 'Actual' numbers are added to the table after economic reports are released.With markets careening back to YTD highs driven by the promises of lower inflation and lower interest rates, large-cap tech stocks are very much back in fashion. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.Ĭryptocurrencies: Cryptocurrency quotes are updated in real-time. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. Data may be intentionally delayed pursuant to supplier requirements. ![]() FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Source: FactSetĭata are provided 'as is' for informational purposes only and are not intended for trading purposes. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Sources: FactSet, Tullett PrebonĬommodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. ![]() Sources: FactSet, Tullett PrebonĬurrencies: Currency quotes are updated in real-time. Sources: FactSet, Dow Jonesīonds: Bond quotes are updated in real-time. Sources: FactSet, Dow JonesĮTF Movers: Includes ETFs & ETNs with volume of at least 50,000. Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. ![]() Overview page represent trading in all U.S. Indexes: Index quotes may be real-time or delayed as per exchange requirements refer to time stamps for information on any delays. Copyright 2019© FactSet Research Systems Inc. Fundamental company data and analyst estimates provided by FactSet. International stock quotes are delayed as per exchange requirements. stock quotes reflect trades reported through Nasdaq only comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes.
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