Tag: Netflix fiscal earnings

Investors have shifted their focus to the likes of Netflix, Tesla, Goldman Sachs, and Bank of America as a busy week of quarterly earnings reports is expected to get underway. These earnings results are expected to provide some guidance on the direction of the U.S....

Netflix co-CEO and co-founder Reed Hastings announced on Thursday his decision to step down from his role in the company. As a result, COO Greg Peters will step into Hastings' role, where he will work together with co-CEO Ted Sarandos. Hastings will now serve...

Investors are anticipating news of Netflix's subscriber numbers and the performance of its recently debuted ad-supported tier when the streaming giant releases its fourth quarter financial results once trading commences on Thursday. While subscriber numbers declined during the first three quarters of 2022, investors expect...

Wall Street analysts have expressed confidence in Netflix's ability to recover from its stock market slump thanks to the streaming service's upcoming ad-supported tier. Citigroup bank raised its price target for Netflix shares from $275 to $305 with Citigroup analyst Jason Bazinet estimating a...

Netflix had few good days on the stock market in recent months, but it looks like things have started to trend in the positive direction for the shares of the streaming service giant. Netflix stock (NFLX) surged 8% in extended trading on Tuesday after...