Dernières nouvelles pour Netflix (NASDAQ:NFLX) Stock

Netflix

Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.

Netflix Inc

Leading cryptocurrency Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) didn't have as much interest in 2015 as it does today, as the price soars to new highs after the <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41778425/bitcoins-all-time-high-a-groundbreaking-milestone-and-strong-post-election-rally-coming-ex">2024 presidential election.</a>
While taking 50,000 Bitcoin for a real estate transaction in 2015 may have proved risky, the homeowner who turned down the deal is likely regretting their decision.
What Happened: Over the years an episode of "Million Dollar Listing New York" has gone viral thanks to the missed profits a person could have had if they had accepted Bitcoin for a real estate deal in 2015, six years after <a href="https://www.benzinga.com/markets/cryptocurrency/24/01/36471920/happy-birthday-bitcoin-15-fun-facts-about-leading-cryptocurrency">the cryptocurrency launched.</a>
The real estate show, which aired on Comcast Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>) unit Bravo for nine seasons, featured many real estate transactions over the years.
The one that draws attention from the cryptocurrency community today is the Season 4, Episode 10 airing that was shown on Bravo on June 17, 2015.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The year is 2015. Seller receives a $13million offer for their property &#8211; but paid in Bitcoin. 50,000 Bitcoin. He declines. Todays value? $3.18 billion. <a href="https://t.co/kmf8A4r15p">pic.twitter.com/kmf8A4r15p</a>
&mdash; Tyler (@TylerDurden) <a href="https://twitter.com/TylerDurden/status/1838483887837614091?ref_src=twsrc%5Etfw">September 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
In the <a href="https://www.instagram.com/howtobeentrepreneur/reel/DAEBptvNozn/">episode</a>, real estate agent Ryan Serhant is trying to sell a New York two-bed apartment for $13,950,000. The agent gets an offer from a buyer for 50,000 Bitcoin, which was around $13,041,000 at the time.
"You want to pay in Bitcoin?" Serhant asks the prospective buyer.
The episode shows Serhant on speaker with the client, the apartment owner.
"You sent us an offer in Bitcoin? I'll be totally honest with you Ryan, that's not even the biggest problem. This offer's a million dollars below ask!" the seller says.
While taking Bitcoin for real estate may have been more risky in 2015 given less use cases and ways to sell the cryptocurrency, the deal likely never materialized due to being below the listing price.
Fast forward to today and the seller and Serhant are likely having regrets and nightmares about what could have been.
Based on a price of $94,271.82 for Bitcoin at the time of writing, 50,000 Bitcoin is worth $4,713,591,000. This means the $13 million offer could have turned into more than $4.7 billion, which Serhant would have gotten a piece of as commission.
Read Also: <a href="https://www.benzinga.com/general/education/24/11/42125880/if-you-bought-1-worth-of-bitcoin-at-launch-heres-how-much-youd-have-today-2">If You Bought $1 Worth Of Bitcoin At Launch, Here&#8217;s How Much You&#8217;d Have Today</a>
Why It's Important: Obviously, the seller and Serhant didn't know how high the price of Bitcoin would go. The episode could serve as a learning lesson that sometimes investments that people don't know as much about can have future value.
Serhant has moved on and after nine seasons of "Million Dollar Listing New York," is also an author. The real estate agent recently starred in "Owning Manhattan," a new real estate show on Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
The series premiered in June 2024 and a second season has been announced. Here's hoping that some of the transactions on the new show involve cryptocurrency.
Serhant <a href="https://www.tiktok.com/@ryanserhant/video/6927028426297576710?lang=en">shared </a>a TikTok in February 2021 where it showed a clip from the famous Bitcoin episode. The TikTok titled "Missed Opportunities in the Crypto Market" featured an image of a calculator multiplying 50,000 (for the Bitcoin) by 37,644, which was the price of Bitcoin at the time. The calculator then shows a value of $1,882,200,000.
With an airdate of June 17, 2015, investors who saw the episode and went and did research on Bitcoin and decided to buy could have also profited nicely.
A $1,000 investment could have bought 3.8933 BTC based on a price of $256.85 at the time. The $1,000 investment would be worth $367,028.48 today.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41951961/bitcoin-to-100k-benzinga-readers-predict-if-btc-can-hit-new-milestone-before-end-of-2024">Bitcoin To $100K? Benzinga Readers Predict If BTC Can Hit New Milestone Before End Of 2024</a></li>
</ul>
Photo: MiniStocker via Shutterstock

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

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Entertainment

Media

Real Estate

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CMCSA

NFLX

Million Dollar Listing Seller Turned Down 50,000 Bitcoin For $14 Million New York Apartment In 2015, Missed Out On Billions

Investors with a lot of money to spend have taken a bearish stance on Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NFLX, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 28 uncommon options trades for Netflix.
This isn't normal.
The overall sentiment of these big-money traders is split between 28% bullish and 50%, bearish.
Out of all of the special options we uncovered, 9 are puts, for a total amount of $470,379, and 19 are calls, for a total amount of $1,069,300.
<h3>Projected Price Targets</h3>
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $250.0 and $950.0 for Netflix, spanning the last three months.
<h3>Analyzing Volume &amp; Open Interest</h3>
In terms of liquidity and interest, the mean open interest for Netflix options trades today is 445.74 with a total volume of 5,414.00.
In the following chart, we are able to follow the development of volume and open interest of call and put options for Netflix's big money trades within a strike price range of $250.0 to $950.0 over the last 30 days.
<h3>Netflix Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732722349_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/06/24</td>
<td>$3.4</td>
<td>$3.1</td>
<td>$3.1</td>
<td>$900.00</td>
<td>$235.6K</td>
<td>1.4K</td>
<td>1.6K</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$21.7</td>
<td>$20.0</td>
<td>$20.3</td>
<td>$840.00</td>
<td>$203.0K</td>
<td>476</td>
<td>100</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/06/24</td>
<td>$14.0</td>
<td>$10.3</td>
<td>$14.0</td>
<td>$872.50</td>
<td>$140.0K</td>
<td>68</td>
<td>100</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$2.75</td>
<td>$2.72</td>
<td>$2.75</td>
<td>$950.00</td>
<td>$77.2K</td>
<td>2.4K</td>
<td>484</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$629.75</td>
<td>$623.65</td>
<td>$626.0</td>
<td>$250.00</td>
<td>$62.6K</td>
<td>4</td>
<td>0</td>
</tr>
</tbody>
</table>

<h3>About Netflix</h3>
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
In light of the recent options history for Netflix, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Present Market Standing of Netflix</h3>
<ul>
<li>With a trading volume of 411,189, the price of NFLX is down by -0.7%, reaching $866.45.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 55 days from now.</li>
</ul>
<h3>Expert Opinions on Netflix</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $968.75.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Pivotal Research keeps a Buy rating on Netflix with a target price of $1100. 
&#x2A; Consistent in their evaluation, an analyst from B of A Securities keeps a Buy rating on Netflix with a target price of $1000. 
&#x2A; An analyst from Guggenheim has decided to maintain their Buy rating on Netflix, which currently sits at a price target of $825. 
&#x2A; Reflecting concerns, an analyst from Wedbush lowers its rating to Outperform with a new price target of $950.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Netflix options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.

Options

Markets

What the Options Market Tells Us About Netflix

A game show from popular YouTuber MrBeast has a first-look trailer and a premiere date that could put Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) in direct competition with Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) as two of the most anticipated shows will release a week apart on <a href="https://www.benzinga.com/topic/streaming">competing streaming platforms.</a>
What Happened: With 332 million subscribers on YouTube, MrBeast (aka Jimmy Donaldson) is the <a href="https://www.benzinga.com/general/entertainment/24/07/39720279/mrbeast-celebrates-youtube-record-with-new-video-featuring-50-content-creators-competing-fo">most followed person</a> on the Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>)(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) owned video platform.
Viewers frequently flock to the content creator's challenge videos, especially those comparing what $1 can buy versus large sums of money. A recent example, "$1 vs $50,000 Experiences," has garnered 111 million views in just three weeks.
Next month, fans of MrBeast will likely be tuning into his next venture, but they won't be using YouTube.
MrBeast has a <a href="https://www.benzinga.com/general/entertainment/24/03/37809533/mrbeast-confirms-beast-games-on-amazon-prime-video-with-1-000-contestants-5m-prize-its-gonn">new game show</a>, Beast Games, which will be available exclusively on Prime Video, Amazon&#8217;s streaming platform.
The new game show premieres on Dec. 19 and will have 10 episodes. In each episode, 1,000 players will compete in a winner-take-all competition across multiple challenges for a $5 million prize, as <a href="https://variety.com/2024/tv/news/mrbeast-beast-games-premiere-date-prime-video-trailer-1236222911/">reported </a>by Variety.
"I spent over a year creating this 10 episode competition series, breaking 40 world records, building the craziest sets in entertainment history," MrBeast <a href="https://x.com/MrBeast/status/1861121958122770860">tweeted</a>. "I poured everything I have into this show."
Amazon previously called "Beast Games" the "world's largest live gameshow" with the "biggest single prize in the history of television and streaming."
Read Also: <a href="https://www.benzinga.com/general/social-media/24/03/37836042/mrbeast-vs-elon-musk-youtuber-says-x-is-not-there-for-video-yet-they-need-a-year-or-two-to-b">MrBeast Vs. Elon Musk: YouTuber Says X Is &#8216;Not There&#8217; For Video Yet, &#8216;They Need A Year Or Two To Build It Out&#8217;</a>
Why It's Important: The Dec. 19 release date will see the first two episodes of "Beast Games" hit Prime Video, with the other episodes to follow on a weekly basis.
This means that "Beast Games" hits streaming platforms one week before Netflix releases the highly anticipated second season of the smash hit "Squid Game," which<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/10/41123711/netflix-stock-could-get-boost-from-nfl-games-squid-game-season-2-analyst-says-conte"> premieres on Dec. 26.</a>
While "Beast Games" is not a direct replica of "Squid Game," Variety noted some similarities to the games and outfits featured in the Netflix show. MrBeast is, of course, not new to paying tribute to "Squid Game" as he previously created "Squid Game in Real Life," a real-life recreation of the challenges from the game, minus the deaths, with the winner getting $456,000.
MrBeast <a href="https://www.benzinga.com/general/entertainment/24/01/36743469/mrbeast-could-be-bringing-reality-competitions-to-amazon-prime-video-why-this-is-a-miss-for">previously said</a> that other streaming platforms were in talks for the show, but ultimately he went with Amazon.
"Amazon will give us the most creative control. Other platforms didn't. There's a reason we went with Amazon."
While he wouldn't name other companies, Netflix may have been in the running. MrBeast has expressed some hostility towards Netflix for not being involved with the streaming company's reality show version of "Squid Game" called "Squid Game: The Challenge."
&#8220;I&#8217;m not involved. Kind of funny because I learned so much from my filming of this and I probably could have helped them immensely (and would have done it for free haha),&#8221; MrBeast previously said of Netflix&#8217;s reality show.
MrBeast said he watched episodes of <a href="https://www.benzinga.com/general/entertainment/23/11/35991961/squid-game-reality-show-dominates-week-heres-how-many-people-watched-how-it-helped-bring-or" target="_blank" rel="noreferrer noopener">Netflix&#8217;s reality competition</a> based on &#8220;Squid Game&#8221; but did not finish the series. The content creator said the reality competition did a good job building up characters, but also had moments when nothing progressed. Netflix's reality competition had a cash prize of $4.56 million, a record MrBeast is set to break.
The &#8220;Squid Game&#8221; video is currently MrBeast&#8217;s most-watched on YouTube, with 671 million views.
The new "Beast Games" show comes with pending lawsuits from contestants against MrBeast, his production company and Amazon. The lawsuit claims that medical care, food and sleep were not provided for the contestants or minimum wages. Alleged sexual harassment and dangerous conditions are also listed as part of the lawsuits.
MrBeast said the claims from the lawsuit have been "blown out of proportion" in a post on X. The content creator said there is behind the scenes footage that will show the conditions, but it can't be released before the show airs due to spoilers.
"Beast Games" is part of Amazon's increased focus on game shows, with "Are You Smarter Than A Celebrity?" featuring host Travis Kelce premiering in October and the upcoming "Pop Culture Jeopardy!" with host Colin Jost premiering on Dec. 4.
AMZN Price Action: Amazon stock is up 2.6% to $206.85 on Tuesday versus a 52-week trading range of $142.81 to $215.90. Amazon stock is up 37.6% year-to-date in 2024.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Beast Games - Teaser Trailer &#x7C; Prime Video" width="500" height="281" src="https://www.youtube.com/embed/2lyCZnx71ps?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/general/entertainment/24/05/38860861/amazon-betting-on-game-shows-for-streaming-growth-mrbeast-travis-kelce-pop-culture-jeopardy">Amazon Betting On Game Shows For Streaming Growth: MrBeast, Travis Kelce, Pop Culture Jeopardy And More</a></li>
</ul>
Image created using artificial intelligence via Dall-E.

AMZN

GOOG

GOOGL

Amazon Prime Vs. Netflix: MrBeast Game Show Arrives Dec. 19, 'Squid Game' Season 2 Drops 1 Week Later

President-elect Donald Trump has announced plans to impose a 25% tariff on all products from Mexico and Canada in response to the ongoing border crisis, stirring economic concerns.
What Happened: Trump took to Truth Social on Monday, to express his concern over the increasing number of people crossing the borders from Mexico and Canada into the United States. He described the situation as an &#8220;invasion&#8221; and blamed it for rising crime and drug levels.
Trump stated that he would sign an executive order on the first day of his administration to impose a 25% tariff on all products entering the U.S. from Mexico and Canada. He added that the tariff would remain in effect until the drug and illegal immigration issues are resolved. &#8220;Both Mexico and Canada have the absolute right and power to easily solve this long simmering problem. We hereby demand that they use this power, and until such time that they do, it is time for them to pay a very big price!&#8221; Trump criticized China for failing to curb the flow of fentanyl into the U.S. despite promises of harsh penalties for drug dealers. He claimed the drugs, largely entering through Mexico, are at unprecedented levels, announcing a 10% tariff hike on Chinese imports, above any additional tariffs, until the issue is addressed. &#8220;Thank you for your attention to this matter,&#8221; he said in a separate post.
See Also: <a href="https://www.benzinga.com/general/health-care/24/11/42077935/trump-picks-dr-oz-who-says-seniors-should-give-medical-marijuana-a-try-to-lead-centers-for-medicare-and-medicaid-services?itm_source=parsely-api" target="_blank" rel="noreferrer noopener">Trump Picks Dr. Oz, Who Says Seniors Should Give Medical Marijuana A Try, To Lead Centers For Medicare And Medicaid Services</a>
Why It Matters: Trump&#8217;s proposed tariffs have <a href="https://www.benzinga.com/government/regulations/24/11/42058282/trumps-tariffs-could-have-severe-consequences-for-us-defense-sector-beijing-adviser-warns">raised concerns</a> among economists and industry experts. Ding Yifan, a researcher at China&#8217;s State Council's Development Research Center, warned that such tariffs could significantly impact the U.S. economy, particularly the defense sector.
Moreover, a&nbsp;<a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42042411/inflation-could-surge-to-3-if-trump-applies-universal-tariffs-goldman-sachs">Goldman Sachs economist</a>&nbsp;predicted that a universal tariff could push inflation back to 3%, complicating the Federal Reserve&#8217;s efforts to keep inflation at 2%.
Renowned economist Mohamed El-Erian also <a href="https://www.benzinga.com/government/regulations/24/11/42058282/trumps-tariffs-could-have-severe-consequences-for-us-defense-sector-beijing-adviser-warns">cautioned against oversimplifying</a> Trump&#8217;s tariff strategies, emphasizing that the issue is complex and requires a nuanced analysis. While Trump&#8217;s tariff proposals are likely to hurt companies with international supply chains, others like those in the software or entertainment industry like Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) that don&#8217;t sell physical products are likely to <a href="https://www.benzinga.com/trading-ideas/24/11/42144357/5-stocks-to-buy-before-tariffs-kick-in">remain protected</a> from any negative impact. Companies that have reliable production units outside China are also likely to benefit, these include names like AutoZone Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>) and Hasbro Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>).
Did You Know?
<ul>
<li>Congress Is Making Huge Investments. <a href="https://www.benzinga.com/gov-trades">Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool</a></li>
</ul>
This story was generated using <a href="https://www.benzinga.com/author/benzinga-neuro">Benzinga Neuro</a> and edited by <a href="https://www.benzinga.com/author/shivdeep-dhaliwal" target="_blank" rel="noreferrer noopener">Shivdeep Dhaliwal</a>

News

Politics

Economics

General

Trump Says He Will Impose 25% Tariffs On Canada, Mexico On First Day Of Office And Extra Tariffs On China Until They 'Pay Attention'

Financial giants have made a conspicuous bearish move on Netflix. Our analysis of options history for Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) revealed 13 unusual trades.
Delving into the details, we found 15% of traders were bullish, while 76% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $109,130, and 10 were calls, valued at $473,290.
<h3>Expected Price Movements</h3>
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $760.0 to $1000.0 for Netflix during the past quarter. 
<h3>Analyzing Volume &amp; Open Interest</h3>
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Netflix's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Netflix's significant trades, within a strike price range of $760.0 to $1000.0, over the past month.
<h3>Netflix 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732545929_0.png" alt="Options Call Chart" />
<h3>Noteworthy Options Activity:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$163.15</td>
<td>$157.35</td>
<td>$158.87</td>
<td>$805.00</td>
<td>$158.8K</td>
<td>20</td>
<td align="right">10</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>03/21/25</td>
<td>$166.9</td>
<td>$165.0</td>
<td>$165.0</td>
<td>$760.00</td>
<td>$82.5K</td>
<td>306</td>
<td align="right">0</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/29/24</td>
<td>$13.85</td>
<td>$10.95</td>
<td>$13.0</td>
<td>$890.00</td>
<td>$41.3K</td>
<td>709</td>
<td align="right">419</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$39.25</td>
<td>$36.8</td>
<td>$39.25</td>
<td>$900.00</td>
<td>$39.2K</td>
<td>325</td>
<td align="right">10</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>11/29/24</td>
<td>$2.39</td>
<td>$2.33</td>
<td>$2.37</td>
<td>$915.00</td>
<td>$38.6K</td>
<td>1.5K</td>
<td align="right">632</td>
</tr>
</tbody>
</table>

<h3>About Netflix</h3>
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
Following our analysis of the options activities associated with Netflix, we pivot to a closer look at the company's own performance.
<h3>Where Is Netflix Standing Right Now?</h3>
<ul>
<li>With a volume of 71,159, the price of NFLX is up 0.27% at $900.2. </li>
<li>RSI indicators hint that the underlying stock may be overbought.</li>
<li>Next earnings are expected to be released in 57 days.</li>
</ul>
<h3>Expert Opinions on Netflix</h3>
4 market experts have recently issued ratings for this stock, with a consensus target price of $968.75.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Wedbush has revised its rating downward to Outperform, adjusting the price target to $950. 
&#x2A; An analyst from B of A Securities persists with their Buy rating on Netflix, maintaining a target price of $1000. 
&#x2A; Consistent in their evaluation, an analyst from Pivotal Research keeps a Buy rating on Netflix with a target price of $1100. 
&#x2A; An analyst from Guggenheim has decided to maintain their Buy rating on Netflix, which currently sits at a price target of $825. 
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Netflix with <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> for real-time alerts.

Market Whales and Their Recent Bets on NFLX Options

The Future Fund LLC Managing Partner Gary Black defended his firm&#8217;s Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) investment strategy amid criticism from Tesla bulls, emphasizing a disciplined approach to position management <a href="https://www.benzinga.com/24/11/42056286/tesla-is-back-in-gary-blacks-top-5-holdings">rather than short-term trading</a>.
What Happened: Black revealed that his fund&#8217;s average Tesla stock purchase price since early 2023 has been $162, while their average selling price reached $252. The disclosure came as The Future Fund recently trimmed its Tesla position at $351, following a 150% surge from April lows.
&#8220;That&#8217;s what professional investors do &#8211; buy low, sell high,&#8221; Black stated on X, addressing criticism from Tesla enthusiasts. &#8220;No one ever went broke by taking profits.&#8221;
The Future Fund began reducing its Tesla position in the fourth quarter of 2022 when it represented 12.2% of the portfolio, following Tesla&#8217;s 20% EV price cuts. 
The position now stands at 4.11% as of Nov 15, making Tesla <a href="https://www.benzinga.com/24/11/42056286/tesla-is-back-in-gary-blacks-top-5-holdings">the fifth-largest holding</a> in The Future Fund Active ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFND#NYSE">FFND</a>), behind NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), and Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> uberbulls give me grief for trimming <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> at $351 two weeks ago after TSLA had increased 150% since April. That's what professional investors do &#8211; buy low, sell high. Our avg sell price over the past two years is $252; our avg buy price has been $162. No one ever went… <a href="https://t.co/I93BRakb0L">pic.twitter.com/I93BRakb0L</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1860736331900424522?ref_src=twsrc%5Etfw">November 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/news/global/24/11/42156160/palantir-price-target-raised-to-75-by-dan-ives-amid-288-ytd-surge-analyst-calls-2025-a-primetime-year-for-ai">Palantir Price Target Raised To $75 By Dan Ives Amid 288% YTD Surge: Analyst Calls 2025 A &#8216;Primetime&#8217; Year For AI</a>
Why It Matters: Black pointed to Tesla&#8217;s earnings estimates being reduced by 59% since the price cuts, noting that competitors matched the reductions, resulting in minimal volume growth. Despite the recent rally, Tesla&#8217;s stock has underperformed the NASDAQ 100 index by 32 percentage points over the past three years.
The investment veteran expressed concern about <a href="https://www.benzinga.com/news/global/24/11/42028323/gary-black-defends-tesla-strategy-amid-clash-with-elon-musk-bulls-we-dont-trade-tesla-we-trim-when-the-price-goes-higher">growing polarization within the Tesla investor community</a>, noting that moderate voices face criticism for discussing potential risks. 
&#8220;In the X world, uberbulls bash fellow bulls personally for not being bullish enough. That does not happen in the real world. Portfolio discipline is rewarded, not criticized,&#8221; Black emphasized.
The debate comes amid increased attention on Tesla, with recent headlines highlighting the Cybertruck&#8217;s appearance in President-elect Donald Trump&#8216;s motorcade during a visit to SpaceX&#8217;s Starbase facility, potentially signaling new <a href="https://www.benzinga.com/news/24/11/42152721/tesla-cybertruck-part-of-donald-trumps-motorcade-will-vehicle-land-government-deals">opportunities in government and security sectors</a>.
Price Action: Tesla stock closed at $352.56 on Friday, up 3.80% for the day. After hours, the stock rose by 0.26%. Year-to-date, Tesla&#8217;s stock has surged by 41.92%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/24/11/42156013/bluesky-adds-millions-of-users-as-elon-musks-social-media-platform-faces-exodus-post-trump-win-here-are-a-few-starter-packs-to-help-you-get-going-on-latest-x-rival">Bluesky Adds Millions Of Users As Elon Musk&#8217;s X Faces Exodus Post Trump Victory: Here Are A Few Starter Packs To Help You Level Up On The Platform</a></li>
</ul>
Image Via Shutterstock 
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

FFND

NVDA

TSLA

Gary Black Defends Tesla Trim At $351: 'No One Ever Went Broke By Taking Profits' Amid Stock's 150% Surge Since April

Over the weekend, Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) co-founder Marc Randolph shared his thoughts on wealth, pointing out that true financial security goes beyond material luxuries.
What Happened: Sharing his perspective on X, formerly Twitter, he shared how, despite having the means to buy expensive items like luxury cars or wines, he values practicality over prestige.
He gave an example of Microsoft co-founder Bill Gates – who currently has a net worth of $162 billion – would fly economy, not because he couldn't afford first class, but because he didn't see it as good value.
"In the same vein, I could afford a really nice car at this point, but I've never been a car guy, and I don't need a Lamborghini or a Mazerati [Maserati] (which I can't even spell)," he stated.
See Also: <a href="https://www.benzinga.com/24/11/42137039/disney-takes-on-netflix-with-high-impact-originals-in-asia">Disney Takes on Netflix With High-Impact Originals in Asia</a>
Adding, "I don't need to drop $1000 on a bottle of wine at dinner either, since I know I'll get the same enjoyment from a $35 bottle."
He concluded by saying that once basic needs are met, the key to wealth lies in flexibility — the ability to choose how to spend your time and prioritize meaningful experiences.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">For many years, Bill Gates used to fly Economy, not because he couldn't afford First Class, but because he didn't consider it good value. It's five or six times more expensive, but only marginally better (and you all get to your destination at the same time). In the same vein, I… <a href="https://t.co/qaGf49y6Yr">pic.twitter.com/qaGf49y6Yr</a>
&mdash; Marc Randolph (@mbrandolph) <a href="https://twitter.com/mbrandolph/status/1860737388773024252?ref_src=twsrc%5Etfw">November 24, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Subscribe to the&nbsp;<a href="https://bztechtrends.beehiiv.com/subscribe" target="_blank" rel="noreferrer noopener">Benzinga Tech Trends newsletter</a>&nbsp;to get all the latest tech developments delivered to your inbox.
Why It Matters: As of Aug. 28, 2024, Randolph's net worth was at $100 million, <a href="https://www.celebritynetworth.com/richest-businessmen/ceos/marc-randolph-net-worth/">according</a> to Celebrity Net Worth.
He <a href="https://www.benzinga.com/markets/18/05/11764543/this-day-in-market-history-netflix-goes-public">co-founded Netflix</a> on Aug. 29, 1997, with Reed Hastings in Scotts Valley, California.&nbsp;
The inception of Netflix stemmed from Hastings&#8217; frustration with late <a href="https://www.benzinga.com/markets/company-news/10/08/445627/bye-bye-blockbuster-video-store-chain-to-file-bankruptcy-next-mont">fees incurred</a> at a Blockbuster store.
The Netflix website launched in April 1998, offering around 900 titles. By 1999, Netflix introduced a subscription model that allowed unlimited rentals for a monthly fee, eliminating late fees.
This approach set the foundation for the company&#8217;s evolution into a streaming giant, which began in 2007 when it transitioned to online streaming services.
In 2002, Netflix launched its <a href="https://www.benzinga.com/general/entertainment/24/04/38340753/if-you-invested-1-000-in-netflix-stock-at-its-ipo-heres-how-much-youd-have-today">initial public offering</a>, selling 5.5 million shares at $15 each. In the early years, the stock delivered impressive triple-digit returns to investors.
The streaming giant currently has a market capitalization of $383.76 billion, ranking at number 25 in the list world's most valuable companies.
Last month, Netflix reported $9.825 billion in <a href="https://www.benzinga.com/news/earnings/24/10/41391637/netflix-q3-earnings-revenue-beats-eps-tops-q4-guidance-projects-subscriber-boost-from-squid-game-nf">revenue for the third quarter</a>, marking a 15% increase compared to the previous year. This figure surpassed the Wall Street consensus estimate of $9.769 billion, according to data <a href="https://www.benzinga.com/pro/?utm_source=BZprocontent101724&amp;t=be2bearmibe3na1" target="_blank" rel="noreferrer noopener">from Benzinga Pro</a>.
Image: Wikimedia
Check out more of Benzinga's Consumer Tech coverage by&nbsp;<a href="https://www.benzinga.com/topic/consumer-tech" target="_blank" rel="noreferrer noopener">following this link</a>.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/sports/24/11/42094958/netflix-faces-class-action-lawsuit-over-streaming-crashes-during-jake-paul-mike-tyson-fight">Netflix Faces Class-Action Lawsuit Over Streaming Crashes During Jake Paul, Mike Tyson Fight</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of&nbsp;<a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a>&nbsp;and was reviewed and published by Benzinga editors.

Tech

Netflix Co-Founder Marc Randolph Reveals Why True Wealth Isn't About Lamborghinis Or $1,000 Wines But The Freedom To Live Meaningfully

Benzinga examined the prospects for<a href="http://www.benzinga.com/trading-ideas"> many investors&#8217; favorite stocks</a> over the last week — here&#8217;s a look at some of our top stories.
The Dow Jones Industrial Average gained around 2% this week, with the S&amp;P 500 and Nasdaq each rising approximately 1.7%. Despite NVIDIA Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) surpassing analysts&#8217; expectations for Q3 earnings and revenue, its stock traded flat, leaving the market&#8217;s rebound to unfold independently of its AI momentum. 
Meanwhile, Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) faced a steep decline after the DOJ pushed for Chrome&#8217;s divestiture, erasing over $120 billion in market cap on Thursday. 
On the economic side, November saw strong U.S. private sector growth, with S&amp;P Global&#8217;s PMI showing the services sector expanding at its fastest rate since March 2022, while inflation pressures eased, <a href="https://www.benzinga.com/news/global/24/11/42148498/wall-street-rebounds-without-its-ai-darlings-boost-king-dollar-maintains-dominance-while-bitcoin-defies-gravity-this-week-in-the-markets">aiding the Fed&#8217;s outlook.</a>
Benzinga provides daily reports on the stocks most popular with investors. Here are a few of this past week&#8217;s most bullish and bearish posts that are worth another look.
<h3 class="wp-block-heading">The Bulls</h3>
&#8220;<a href="https://www.benzinga.com/24/11/42072727/exclusive-bitcoin-advocate-anthony-pompliano-says-coinbase-is-similar-to-apple-has-something-that-cant-be-bought">EXCLUSIVE: Bitcoin Advocate Anthony Pompliano Says Coinbase Is Similar To Apple, &#8216;Has Something That Can&#8217;t Be Bought&#8217;</a>,&#8221; by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, features Anthony Pompliano comparing Coinbase Global, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) to Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), emphasizing its trust and brand power as a leading crypto platform attracting new investors during a pro-crypto administration.
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42097462/dogecoin-millionaire-shares-50-million-meme-coin-strategy-for-2025-pepe-brett-are-this-bull-runs-doge-shiba-inu">Dogecoin Millionaire Shares $50 Million Meme Coin Strategy For 2025: Pepe, Brett Are This Bull Run&#8217;s DOGE, Shiba Inu</a>,&#8221; by <a href="https://www.benzinga.com/author/khyathi-dalal">Khyathi Dalal</a>, details Glauber Contessoto&#8216;s diversified $50 million investment strategy for 2025. The strategy predicts that Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>) and Brett (CRYPTO: BRT) will dominate the next bull market, following the success patterns of Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) and Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>).
&#8220;<a href="https://www.benzinga.com/markets/cryptocurrency/24/11/42102652/michael-saylors-microstrategy-takes-wall-street-by-storm-becomes-second-most-traded-stock-after-nvidia">Michael Saylor&#8217;s MicroStrategy Takes Wall Street By Storm, Becomes Second-Most Traded Stock After Nvidia</a>,&#8221; by <a href="https://www.benzinga.com/author/aniket-verma">Aniket Verma</a>, highlights MicroStrategy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) surpassing trading volumes of Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Apple Inc., finishing second to NVIDIA Corp. after a surge in Bitcoin-related (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) market interest.
For additional bullish calls of the past week, check out the following:
<a href="https://www.benzinga.com/24/11/42082542/supermicro-computer-shares-soar-32-as-it-avoids-nasdaq-delisting-but-analysts-are-not-convinced-heres-whats-coming-next-for-smci">Super Micro Computer Shares Soar 32% As It Avoids Getting Booted Off Nasdaq, But Analysts Are Not Convinced: Here&#8217;s What&#8217;s Coming Next For SMCI</a>
<a href="https://www.benzinga.com/general/gaming/24/11/42047265/gamestop-adds-nat-turner-to-board-does-the-move-show-bigger-bet-on-trading-cards-grading">GameStop Adds Nat Turner To Board: Does The Move Show Bigger Bet On Trading Cards, Grading?</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42096407/microsoft-one-of-the-most-compelling-investment-opportunities-says-goldman-sachs">Microsoft &#8216;One Of The Most Compelling Investment Opportunities,&#8217; Says Goldman Sachs</a>
The Bears
&#8220;<a href="https://www.benzinga.com/news/large-cap/24/11/42094649/nvidia-stock-historically-drops-in-december-after-q3-earnings">Nvidia Stock Historically Drops In December After Q3 Earnings</a>,&#8221; by <a href="https://www.benzinga.com/author/piero-cingari">Piero Cingari</a>, highlights that NVIDIA Corp. has historically struggled in December, with an average 1.84% decline and only 40% of Decembers closing positive since 2014, despite strong Q3 earnings. 
&#8220;<a href="https://www.benzinga.com/general/sports/24/11/42094958/netflix-faces-class-action-lawsuit-over-streaming-crashes-during-jake-paul-mike-tyson-fight">Netflix Faces Class-Action Lawsuit Over Streaming Crashes During Jake Paul, Mike Tyson Fight</a>,&#8221; by <a href="https://www.benzinga.com/author/chris-katje">Chris Katje</a>, reports on Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) facing legal action for technical issues during the Jake Paul vs. Mike Tyson boxing match, which attracted over 108 million viewers, making it the most-streamed sporting event ever but resulting in service disruptions that sparked subscriber lawsuits.
&#8220;<a href="https://www.benzinga.com/24/11/42097477/muddy-waters-carson-block-is-betting-against-elf-beauty-short-seller-believes-company-is-overstating-revenue-earnings-major-red-flag">Muddy Waters&#8217; Carson Block Bets Against E.L.F. Beauty: Short Seller Says Retailer&#8217;s Financials Show &#8216;Major Red Flag&#8217;</a>,&#8221; by <a href="https://www.benzinga.com/author/adam-eckert">Adam Eckert</a>, details Carson Block&#8216;s short position against e.l.f. Beauty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>), alleging inflated revenues of $135-$190 million over three quarters, citing discrepancies between reported growth and U.S. Customs import data.
For more bearish takes, be sure to see these posts:
<a href="https://www.benzinga.com/24/11/42097545/feds-bowman-warns-on-inflation-risks-signals-neutral-rate-may-be-closer">Fed&#8217;s Bowman Warns On Inflation, Says Neutral Interest Rates May Be Closer &#8216;Than We Currently Think&#8217;</a>
<a href="https://www.benzinga.com/news/earnings/24/11/42085436/target-q3-earnings-supply-chain-chaos-hits-bottomline-slashes-annual-profit-outlook-stock-tanks">Target Q3 Earnings: Supply Chain Chaos Hits Bottomline, Slashes Annual Profit Outlook, Stock Tanks</a>
<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/42127938/bitcoin-analyst-warns-of-4-6-flash-crashes-before-year-end-as-it-inches-closer-to-100k-thats-the-moment-altcoins-shoot-off">Bitcoin Analyst Warns Of &#8216;4-6 Flash Crashes&#8217; Before Year-End As It Inches Closer To $100K: That&#8217;s The Moment Altcoins &#8216;Shoot Off&#8217;</a>
Keep up with all the latest breaking news and trading ideas by following<a href="https://twitter.com/Benzinga"> Benzinga</a><a href="http://twitter.com/Benzinga"> on Twitter</a>.

Long Ideas

Short Sellers

Short Ideas

Trading Ideas

$DOGE

$PEPE

$SHIB

AAPL

COIN

MSTR

Benzinga Bulls And Bears: Coinbase, MicroStrategy, Nvidia, e.l.f. Beauty - And Dogecoin Millionaire Predicts 2025 Meme Kings

Predicting the actions of an incoming administration is always tricky, and that's doubly true for someone with a penchant for saber rattling like Donald Trump. While Trump seems committed to another round of tariffs (especially aimed at Chinese imports), the actual size and scope of these moves remains to be seen.
Many business leaders and executives are preparing for new tariffs by readying consumers for increased costs, and the retail sector could be hit hard if the most protective policies come to fruition.
However, not every company stands to suffer from tariff expansion. Some industries, like domestic shippers and specialty retailers, saw a boost in the wake of the election results.
Here are five stocks that stand to benefit from American tariffs on foreign imports.
<h2 class="wp-block-heading">Methodology&nbsp;</h2>
To find stocks that will benefit from tariffs, we need to look for firms with reliable production alternatives outside China and the ability to pass on extra costs to consumers.
If a company&#8217;s main competitors have high import costs or lack that kind of pricing power, even better.
Let&#8217;s go through the list:
<h2 class="wp-block-heading">AutoZone Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZO#NYSE">AZO</a>)</h2>
DIY auto store stocks have soared in the post-pandemic era, and the two clear winners have been AutoZone and Oreilly Automotive Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>). Both companies have had little issue raising prices during previous tariff implementations, and investors have no reason to assume they won't do the same in the face of the next round.
AutoZone is uniquely positioned to benefit from a higher tariff environment. Even when the first round of tariffs was administered during Trump's initial term, AutoZone still managed to improve its profit margins despite higher costs. Additionally, DIY auto parts stores often hold significant pricing power over consumers since fixing a car is usually a non-negotiable part of life in America (especially in the suburbs). CEO Philip Daniele <a href="https://www.benzinga.com/startups/24/11/42027079/we-will-pass-those-tariff-costs-back-to-the-consumer-says-ceo-of-autozone-heres-a-look-at-other-companies-raising-prices">recently stated</a> that the company intends to pass any tariff increases back onto consumers, which could prompt a flurry of car repair activity before the calendar flips to 2025.
<figure class="wp-block-image size-full is-resized"><img loading="lazy" decoding="async" width="1365" height="536" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130112/AZO.png" alt="" class="wp-image-661491" style="width:917px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130112/AZO.png 1365w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130112/AZO-300x118.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130112/AZO-1024x402.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130112/AZO-768x302.png 768w" sizes="(max-width: 1365px) 100vw, 1365px" /></figure>
We selected AutoZone over O'Reilly Automotive due to a combination of valuation and analyst ratings. Some of the fundamental valuation factors compared include:
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Metric</td>
<td>AZO</td>
<td>ORLY</td>
</tr>
<tr>
<td>Price to Earnings (P/E)</td>
<td>21.18</td>
<td>30.11</td>
</tr>
<tr>
<td>Price to Sales (P/S)</td>
<td>2.99</td>
<td>4.32</td>
</tr>
<tr>
<td>PEG Ratio</td>
<td>1.67</td>
<td>1.89</td>
</tr>
</tbody>
</table>
</figure>
Based on most fundamental metrics, AutoZone is the cheaper stock to own, and analysts seem to agree. Based on reports from 25 different analysts, AZO shares are a consensus Buy, while ORLY is a consensus Hold. AZO&#8217;s three most recent price targets indicate more than 12% upside potential, while recent price targets on ORLY shares indicate only a 4% upside.
<a href="https://www.benzinga.com/premium/ideas/matt-options-inner-circle-checkout-black-friday/?utm_source=WebRD-1122">[OUR BLACK FRIDAY SALE: Copy Trades That Hit Big Gains &#8211; Save $1000]</a>
<h2 class="wp-block-heading">e.l.f. Beauty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>)</h2>
Another company that has previously had success managing trade war battles is e.l.f. Beauty, which sells cosmetic products such as lipstick, eyeliner, foundation, and other skin care products. The company has a solid domestic and international footprint and has products in stores ranging from high-end shops like Ulta Beauty Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NYSE">ULTA</a>) to drugstores like Rite-Aid.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="402" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130120/ELF-1024x402.png" alt="" class="wp-image-661492" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130120/ELF-1024x402.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130120/ELF-300x118.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130120/ELF-768x302.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130120/ELF.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
E.l.f. Beauty relies heavily on Chinese imports but remains on our list because CEO Tarang Amin is confident the company has both the pricing power and supply chain infrastructure to withstand any tariffs until 2026. The company informed customers back in August to expect prices to increase during a potential 2nd Trump term, which could increase sales in the short term as shoppers stock up on their favorite products before the administration can levy new tariffs.
<h2 class="wp-block-heading">J.B. Hunt Transport Services Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBHT#NASDAQ">JBHT</a>)</h2>
One industry that seems set to benefit from tariffs with minimal downside is domestic shipping and trucking companies. As more retail and consumer discretionary firms move production back to the United States (or at least closer to shore), railways, trucking firms, and other companies focusing on intermodal and last-mile transportation could benefit greatly. One shipping stock that saw a boost in the immediate aftermath of Trump's election was JBHT.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="402" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130124/JBHT-1024x402.png" alt="" class="wp-image-661493" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130124/JBHT-1024x402.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130124/JBHT-300x118.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130124/JBHT-768x302.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130124/JBHT.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
J.B. Hunt is one of the largest domestic transportation companies in the United States. One of its main businesses is loading and unloading shipping containers from railcars. If manufacturers re-shore or near-shore their operations closer to domestic shipping channels, stocks like JBHT could rapidly increase as revenue is boosted by expanding domestic rail usage.
<h2 class="wp-block-heading">Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)</h2>
If physical goods like electronics, cars, and clothes are going to get more expensive, an excellent place to invest will be services that trade in intellectual property. And after setting records for viewership and gate at the Jake Paul vs. Mike Tyson fight, Netflix is poised to steamroll into one of the few places it hasn't dared tread: live sports. On Christmas Day, Netflix will air two exclusive NFL games with significant playoff implications when the defending champion Kansas City Chiefs visit the Pittsburgh Steelers and the Baltimore Ravens take on the Houston Texans.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="402" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130130/NFLX-1024x402.png" alt="" class="wp-image-661494" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130130/NFLX-1024x402.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130130/NFLX-300x118.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130130/NFLX-768x302.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130130/NFLX.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
To borrow some terms from boxing, Netflix has knocked out its competition in the streaming wars. The company boasts more than 247 million subscribers in 2024, far outpacing Amazon's Prime Video's 200 million (and you don't get the benefits of Prime shipping with Netflix). Disney+ is growing rapidly but still sits nearly 100 million subs behind Netflix.
<h3 class="wp-block-heading">Hasbro Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>)</h3>
Toy maker Hasbro has been a trendsetter when it comes to moving production out of China. The company began moving its operations away from the communist regime in 2012, citing "enterprise risk," the transition has drastically limited the company's exposure to tariffs, showcasing strategic foresight and a proactive approach.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="402" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130134/HAS-1024x402.png" alt="" class="wp-image-661495" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130134/HAS-1024x402.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130134/HAS-300x118.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130134/HAS-768x302.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22130134/HAS.png 1365w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Hasbro makes popular toys, board games, and party favorites under brands like Parker Brothers, Milton Bradley, Kenner, and its own name. While most of its products had traditionally been made in China, the company began its exit in 2012 and reduced Chinese manufacturing to the United States to 50% as of 2020. While the company still depends significantly on Chinese imports, analysts believe the business is <a href="https://www.morningstar.com/news/marketwatch/20241021639/hasbro-and-mattel-are-relatively-insulated-from-china-tariffs-they-would-still-hurt">better insulated</a> from tariff costs than its peers like Mattel. Plus, many toys were granted a reprieve from the initial tariff blast in 2017, and it&#8217;s possible that carveouts could be on deck for companies like Hasbro that moved production out of China.
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Opinion

JBHT

ORLY

ULTA

5 Stocks to Buy Before Tariffs Kick In

Walt Disney Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) is ramping up its efforts to capture a larger share of the Asian streaming market by investing in original Japanese anime and expanding its Korean superhero franchise.
The company&#8217;s strategic pivot aims to focus on quality over quantity in key Asian markets, contrasts with Netflix Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) aggressive strategy of high-volume, locally tailored content.
<a target="_blank" href="https://www.benzinga.com/markets/asia/24/06/39393663/netflix-bets-big-on-smallest-southeast-asian-market-expands-local-content-production-to-replicate-sq" rel="noreferrer noopener">Prior reports indicated</a> Netflix ramping up original programming in Southeast Asia, focusing on Thailand, Indonesia, and the Philippines to tap into young demographics.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/24/11/42120700/comcasts-spin-off-to-boost-broadband-and-streaming-growth-goldman-sachs" rel="noreferrer noopener">Comcast&#8217;s Spin-Off to Boost Broadband and Streaming Growth: Goldman Sachs</a>
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="750" height="650" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22043345/newplot-11.png" alt="" class="wp-image-660559" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22043345/newplot-11.png 750w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/22043345/newplot-11-300x260.png 300w" sizes="(max-width: 750px) 100vw, 750px" /></figure>
Netflix Vice President Minyoung Kim highlighted plans to globalize local stories, aiming to expand beyond domestic audiences. The reports indicated Thailand&#8217;s plans to release ten original titles in 2024, while Indonesia noted increased budgets and productions, including its first zombie horror series.
Speaking at its APAC content showcase in Singapore in a Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2024-11-21/disney-bets-on-korean-and-japanese-originals-in-asia-growth-push?srnd=phx-technology&amp;sref=TBDibEcD" rel="noreferrer noopener">interview</a>, Luke Kang, president of Disney Asia-Pacific, emphasized a selective approach to content creation. &#8220;We&#8217;re not a volume player,&#8221; Kang said, highlighting the company&#8217;s goal of producing fewer high-impact projects.
According to Bloomberg, Disney+ renewed its hit Korean superhero drama Moving for a second season. Based on a webtoon by artist Kangfull, the series became a global sensation, earning over ten industry awards. Kangfull will also collaborate with Disney on the upcoming horror mystery series Light Shop.
Disney+ continues to bet on Japanese anime, with exclusive distribution rights to Kodansha titles, including the second season of Go! Go! Loser Ranger!, the report said.
Additionally, Disney is adapting its successful mobile game Twisted Wonderland into an animation series.
Walt Disney stock surged over 26% year-to-date. Disney&#8217;s <a target="_blank" href="https://www.benzinga.com/24/11/41971559/disneys-q4-boosted-by-streaming-gains-strong-box-office-and-solid-parks-performance" rel="noreferrer noopener">fiscal fourth-quarter 2024</a> revenue rose 6% to $22.57 billion, surpassing analysts&#8217; estimate of $22.35 billion.
The company closed the quarter with 174 million Disney+ Core and Hulu subscriptions, including over 120 million paid Disney+ Core users, a 4.4 million sequential increase.
Disney&#8217;s direct-to-consumer streaming segment boosted profitability, reporting $321 million in operating income on $6.3 billion in revenue, a 13% year-over-year rise.
Price Actions: DIS stock is down 0.30% at $114.38 premarket at&nbsp;the last check on Friday.
Also Read:
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Photo via Shutterstock

Disney Takes on Netflix With High-Impact Originals in Asia

ASST

Asset Entities Partners With Netflix Star Jas Leverette To Launch Subscription-Based Digital Dog Training Community On Discord, Featuring Training From Cali K9 Team

B of A Securities analyst Jessica Reif Ehrlich maintains Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) with a Buy and raises the price target from $800 to $1000.

Price Target

Analyst Ratings

B of A Securities Maintains Buy on Netflix, Raises Price Target to $1000

As President-elect Donald Trump prepares to return to the White House, renowned economist Mohamed El-Erian is cautioning against media oversimplification of the incoming administration&#8217;s proposed tariff strategies.
What Happened: In a recent statement on X, El-Erian highlighted the intricate nature of Trump&#8217;s tariff discussions, noting that the proposed economic policies encompass at least three complex economic stages influenced by multiple factors, including trade flows, corporate pricing strategies, and geopolitical considerations.
El-Erian&#8217;s core message remains clear: Trump&#8217;s tariff debate requires sophisticated, nuanced analysis that transcends simplistic narratives. &#8220;The issue is quite complex,&#8221; he emphasized, underscoring the need for comprehensive economic understanding beyond headline rhetoric.
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">It should come as no surprise that the media tends to oversimplify the U.S. tariff debate, with both sides of the argument contributing to this. The issue is quite complex, involving at least three economic stages, each with various possibilities given the influences in play. The…
&mdash; Mohamed A. El-Erian (@elerianm) <a href="https://twitter.com/elerianm/status/1859287383075848351?ref_src=twsrc%5Etfw">November 20, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
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Trump&#8217;s proposed economic blueprint, which includes a universal tariff of up to 20% on imports and potentially up to 60% on Chinese goods, has sparked intense economic debate. Tech investor Peter Thiel suggests these tariffs could significantly impact Chinese companies while causing minimal <a href="https://www.benzinga.com/markets/24/11/42028954/peter-thiel-says-trumps-60-china-tariff-would-be-very-very-bad-for-beijing-heres-whats-at-stake">disruption to U.S. consumers</a>.
See Also: <a href="https://www.benzinga.com/24/11/42102366/bitcoin-taps-95k-ethereum-dogecoin-flat-as-trumps-crypto-policy-takes-shape-top-analyst-describes-btcs-path-to-135k">Bitcoin Hits $95K For The First Time Ever, Ethereum, Dogecoin Flat As Trump&#8217;s Crypto Policy Takes Shape: Top Analyst Describes BTC&#8217;s Path To $135K</a>
Why It Matters: Goldman Sachs economist David Mericle warns that Trump&#8217;s proposed universal tariff could push <a href="https://www.benzinga.com/economics/macro-economic-events/24/11/42042411/inflation-could-surge-to-3-if-trump-applies-universal-tariffs-goldman-sachs">inflation back to 3%</a>, potentially complicating Federal Reserve monetary strategies. 
The National Retail Federation estimates Trump&#8217;s tariff proposals could reduce annual consumer <a href="https://www.benzinga.com/news/24/11/41737933/trump-tariff-proposed-may-cost-americans-78b-in-spending-study">spending by $78 billion</a>.
Prominent business leaders have voiced concerns. Citadel LLC CEO Ken Griffin described Trump&#8217;s proposed tariffs as a &#8220;long, slippery slope&#8221; that <a href="https://www.benzinga.com/news/global/24/11/42056528/gop-megadonor-ken-griffin-warns-of-slippery-slope-in-trumps-tariff-policies-sees-us-returning-to-the-business-of-business">could hamper U.S. global competitiveness</a>. 
Retailers like AutoZone and Columbia Sportswear have signaled potential price increases that would be <a href="https://www.benzinga.com/news/24/11/41871407/trumps-tariffs-deportations-and-tax-cuts-may-push-prices-higher-experts-say-its-pretty-clear?utm_campaign=partner_feed&amp;utm_source=yahooFinance&amp;utm_medium=partner_feed&amp;utm_content=site&amp;nid=42027079">passed directly to consumers</a>.
"Tariffs would create a headwind to the performance of stocks with high international revenue exposure due to the risk of retaliatory tariffs and heightened geopolitical tensions," Goldman Sachs analyst David Kostin stated.
Goldman Sachs noted that <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/06/39467825/us-election-and-tariff-prospects-set-to-threaten-internationally-exposed-stocks-gol">U.S. stocks with domestic sales focus outperformed</a> those with international exposure by 1 percentage point the day after Trump's election and by 4 pp in the following month but underperformed by 9 pp in the next 12 months.
Key stocks in its Domestic Sales Basket include CVS Health Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVS#NYSE">CVS</a>), Wells Fargo &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), T-Mobile US Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>), Lowe's Cos. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LOW#NYSE">LOW</a>), Intuit Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTU#NASDAQ">INTU</a>), and Union Pacific Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>).
The International Sales Basket includes Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), Broadcom Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>), Visa Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), Mastercard Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MA#NYSE">MA</a>), QUALCOMM Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), McDonald's Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MCD#NYSE">MCD</a>), Philip Morris Intl (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>), Applied Materials Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>), and Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Read Next: 
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<li><a href="https://www.benzinga.com/24/11/42103600/us-dollar-may-test-10860-level-as-geopolitical-tensions-cautious-fed-rhetoric-and-solid-us-economic-data-may-push-the-greenback-higher-says-expert">Dollar Upside On The Cards Amid Geopolitical Tensions, Cautious Fed And Solid US Economic Data, Says Expert</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.<a href="https://www.benzinga.com/apis?utm_source=benzinga.com&amp;utm_campaign=article-bottom" target="_blank" rel="noreferrer noopener"></a>

Global

AMAT

AVGO

INTC

INTU

QCOM

TMUS

Mohamed El-Erian Warns Against Simplistic Narratives As Trump Plans Aggressive Tariff Strategy: 'The Issue Is Quite Complex'

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) could be facing several lawsuits after shattering records from its highly anticipated boxing match between Jake Paul and Mike Tyson, which saw Paul named the victor <a href="https://www.benzinga.com/general/sports/24/11/41985523/paul-vs-tyson-boxing-match-how-to-watch-betting-odds-what-the-stats-say-and-more">via unanimous decision.</a>
What Happened: Netflix had a problem that most streamers would love to have on Friday. The company had so many people trying to watch its live boxing event that the <a href="https://www.benzinga.com/general/sports/24/11/42042640/netflix-crash-hits-jake-paul-mike-tyson-fight-can-streaming-platform-handle-christmas-day-nfl-action">site was crashing</a> for viewers around the world.
While the good problem to have could mean a boost in subscribers for the current fourth quarter and a boost to advertising revenue from its ad-supported customers, Netflix is facing at least one lawsuit over tech hiccups.
A lawsuit has been filed in Florida by Netflix customer Ronald "Blue" Denton, as <a href="https://www.foxnews.com/sports/netflix-subscribers-sue-company-breach-contract-over-poor-quality-mike-tyson-jake-paul-fight">reported </a>by Fox News. The lawsuit alleges "breach of contract" by Netflix and was first reported by <a href="https://www.tmz.com/2024/11/19/netflix-sued-tyson-paul-stream-issues/">TMZ</a>.
Netflix said the fight was watched by more than 108 million viewers globally to become the "most-streamed sporting event ever," while also acknowledging the tech difficulties that some customers had. The event peaked at 65 million concurrent households in the U.S. watching with an estimated 56% of all U.S. TV traffic from 12 a.m. ET to 1 a.m. ET watching the Netflix fight.
"This unprecedented scale created many technical challenges, which the launch team tackled brilliantly by prioritizing stability of the stream for the majority of viewers," Netflix executive Elizabeth Stone said.
Stone said the event was "a huge success," while acknowledging there was room for improvement.
The hashtag #NetflixCrash trended on social media platform X Friday and more than one million people around the world, from 50 countries, reported issues with their stream according to DownDetector. 
TechCrunch&nbsp;<a href="https://techcrunch.com/2024/11/16/jake-paul-vs-mike-tyson-fight-shows-netflix-still-struggles-with-live-events/" target="_blank" rel="noreferrer noopener">said&nbsp;</a>11 p.m. ET was the peak time for issues, and around 530,000 U.S. customers reported issues with their stream.
The class action lawsuit asks for unspecified damages. It will be interesting to see if other subscribers join the fight against Netflix.
Benzinga reached out to Netflix for comment and will update the story accordingly.
Read Also: <a href="https://www.benzinga.com/news/earnings/24/10/41391637/netflix-q3-earnings-revenue-beats-eps-tops-q4-guidance-projects-subscriber-boost-from-squid-game-nf">Netflix Q3 Earnings: Revenue Beats, EPS Tops, Q4 Guidance Projects Subscriber Boost From &#8216;Squid Game,&#8217; NFL, And Boxing</a>
Why It's Important: While Netflix faces at least one lawsuit over the live boxing event, the company and others could be on the hook for more depending on any lawyers or subscribers who want to take on larger corporations.
Unlike the last fight Tyson took part in, which was an exhibition, his fight with Paul was sanctioned and sportsbooks took bets on the match.
With huge amounts wagered on the fight and the match ending in a draw that looked at times like Paul wasn't going 100%, there could be potential lawsuits against the Texas Department of Licensing and Regulation (TDLR), Netflix, and other parties.
"It wouldn't shock me one bit to see a lawsuit filed on this fight," Sports attorney Dan Lust of Moritt Hock &amp; Hamroff <a href="https://nypost.com/2024/11/19/sports/jake-pauls-curious-comments-after-beating-mike-tyson-create-lawsuit-possibilities-sports-lawyer-reveals-why/">told </a>the New York Post.
Paul's comments after the fight could even make a lawsuit more of a reality with the younger boxer and winner of the match saying he "didn't want to hurt someone that didn't need to be hurt."
Paul admitted to taking his foot off the pedal saying that he "wanted to give the fans a show."
"I could just tell that his age was showing a little bit and I just have so much respect for him and that violence, war thing between us … kind of went away as the rounds went on," Paul added.
Lust, who is also a Law Professor at new York Law School, said the betting lines saw more action on a knockout to be the fight outcome than other outcomes like the ultimate winning bet of a decision.
"Paul taking bows and not fighting to the last minute, the optics are just odd," Lust added.
Lust said he would not be shocked if there was a class action lawsuit concerning the outcome of the fight and Paul not going 100%.
"It's not on me to form one, but I wouldn't be surprised to see one."
Lust said that while lawsuits against sportsbooks don't typically win, the fact that Paul and Tyson wouldn't get paid unless they fought, despite Tyson's later disclosed injuries from earlier in the year, could add to a more likely favorable outcome for bettors suing.
The current class action lawsuit and potential for more suits comes as Netflix has a quick turnaround to make sure its tech can handle huge viewership for live events again next month.
Netflix is set to stream two NFL games on Christmas Day with matchups between the Kansas City Chiefs and Pittsburgh Steelers and between the Baltimore Ravens and Houston Texans. The streaming company recently announced that Beyoncé will perform during halftime of the Ravens and Texans game.
The Chiefs have dominated television ratings for NFL games this season, being <a href="https://x.com/NFLMedia/status/1859250489222676973">involved</a> in four of the five most-watched 2024 games. The combination of the Chiefs playing in the first game and a halftime show from Beyoncé could see strong viewership for Netflix live events in the future.
NFLX Price Action: Netflix stock is up 1.05% to $880.46 on Wednesday versus a 52-week trading range of $445.73 to $890.60. Netflix stock is up 87% year-to-date in 2024.
Read Next: 
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<li><a href="https://www.benzinga.com/general/sports/24/11/42027257/mike-tyson-discloses-near-death-experience-before-jake-paul-fight">Mike Tyson Discloses Near-Death Experience Before Jake Paul Fight</a></li>
</ul>
Photos: Unsplash; Courtesy of Netflix

Sports Betting

Legal

Sports

Netflix Faces Class-Action Lawsuit Over Streaming Crashes During Jake Paul, Mike Tyson Fight

Investors with a lot of money to spend have taken a bearish stance on Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with NFLX, it often means somebody knows something is about to happen.
So how do we know what these investors just did? 
Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 18 uncommon options trades for Netflix.
This isn't normal.
The overall sentiment of these big-money traders is split between 27% bullish and 33%, bearish.
Out of all of the special options we uncovered, 3 are puts, for a total amount of $118,947, and 15 are calls, for a total amount of $951,899.
<h3>Predicted Price Range</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $800.0 to $900.0 for Netflix over the last 3 months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Netflix stands at 1014.38, with a total volume reaching 9,647.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Netflix, situated within the strike price corridor from $800.0 to $900.0, throughout the last 30 days.
<h3>Netflix 30-Day Option Volume &amp; Interest Snapshot</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1732113967_0.png" alt="Options Call Chart" />
<h3>Significant Options Trades Detected:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/29/24</td>
<td>$11.7</td>
<td>$9.3</td>
<td>$11.7</td>
<td>$890.00</td>
<td>$122.1K</td>
<td>899</td>
<td>113</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/22/24</td>
<td>$10.3</td>
<td>$9.6</td>
<td>$9.6</td>
<td>$890.00</td>
<td>$119.0K</td>
<td>1.3K</td>
<td>1.2K</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$128.65</td>
<td>$128.3</td>
<td>$128.3</td>
<td>$840.00</td>
<td>$115.4K</td>
<td>490</td>
<td>139</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/22/24</td>
<td>$28.6</td>
<td>$23.3</td>
<td>$26.97</td>
<td>$855.00</td>
<td>$80.9K</td>
<td>1.4K</td>
<td>33</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/22/24</td>
<td>$9.5</td>
<td>$9.15</td>
<td>$9.15</td>
<td>$890.00</td>
<td>$72.2K</td>
<td>1.3K</td>
<td>2.3K</td>
</tr>
</tbody>
</table>

<h3>About Netflix</h3>
Netflix's relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 280 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm recently began introducing ad-supported subscription plans, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
In light of the recent options history for Netflix, it's now appropriate to focus on the company itself. We aim to explore its current performance.
<h3>Netflix's Current Market Status</h3>
<ul>
<li>With a trading volume of 153,058, the price of NFLX is up by 0.88%, reaching $878.95.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 62 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Netflix</h3>
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $958.3333333333334.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;utm_source=benzinga-insights">Click here for access</a>. 
&#x2A; An analyst from Pivotal Research has decided to maintain their Buy rating on Netflix, which currently sits at a price target of $1100. 
&#x2A; An analyst from Guggenheim has decided to maintain their Buy rating on Netflix, which currently sits at a price target of $825. 
&#x2A; In a cautious move, an analyst from Wedbush downgraded its rating to Outperform, setting a price target of $950. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Netflix, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.

Unpacking the Latest Options Trading Trends in Netflix

Pivotal Research analyst Jeffrey Wlodarczak maintains Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) with a Buy and raises the price target from $925 to $1100.

Pivotal Research Maintains Buy on Netflix, Raises Price Target to $1100

Hollywood has witnessed seismic shifts in its business model, from the era of DVD dominance to the advent of streaming giants like Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>). Now, <a href="https://www.benzinga.com/topic/artificial-intelligence">artificial intelligence</a> is poised to usher in yet another wave of disruption.
What Happened: Last week, speaking at CNBC's Delivering Alpha Summit, Ben Affleck downplayed fears of AI replacing human creativity. He spoke about how the technology is more likely to reshape the costlier, less creative aspects of filmmaking.
AI &#8220;will lower the barrier to entry and allow more voices to be heard,&#8221; Affleck said, envisioning a future where the technology democratizes the industry.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Finally a grounded take on AI &amp; filmmaking from a Hollywood A-lister. I agree with everything Ben Affleck said: 1. Yes, AI will shatter barriers to entry. Budgets will drop, the number of movies will rise, and more voices will have access to filmmaking. Paradoxically, this&#39;ll… <a href="https://t.co/mPJr4A5ne9">pic.twitter.com/mPJr4A5ne9</a>
&mdash; Bilawal Sidhu (@bilawalsidhu) <a href="https://twitter.com/bilawalsidhu/status/1857816146688217099?ref_src=twsrc%5Etfw">November 16, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/entertainment/24/11/42068719/amc-nears-death-cross-as-debt-takes-center-stage">AMC Nears Death Cross As Debt Takes Center Stage</a>
Following his remarks, Workweek's Trung Phan shared a clip of Affleck&#8217;s co-star from &#8220;Good Will Hunting,&#8221; Matt Damon, where the actor can be seen discussing how streaming replaced DVD economics.
Damon was discussing the topic while appearing on &#8220;Hot Ones&#8221; in 2021. At the time, he noted how the decline of DVDs, once a major revenue source for studios, changed the types of movies that could be made.
&#8220;The DVD was a huge part of our business, of our revenue stream, and technology has just made that obsolete,&#8221; Damon can be heard saying.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Listening to Ben Affleck on how AI will change filmmaking economics, reminds me of Matt Damon talking about how streaming changed DVD economics. The "Good Will Hunting" guys can cook on business of film: <a href="https://t.co/cRzZHFQvyH">https://t.co/cRzZHFQvyH</a> <a href="https://t.co/32n0jhyDqq">pic.twitter.com/32n0jhyDqq</a>
&mdash; Trung Phan (@TrungTPhan) <a href="https://twitter.com/TrungTPhan/status/1858362867927630107?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: AI's potential applications in Hollywood extend far beyond scriptwriting and editing.
From predictive analytics for box office success to digital casting and de-aging actors, AI promises to reshape every stage of filmmaking.
Companies like Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) and Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) have already begun integrating AI into their operations, using tools to predict audience preferences and optimize marketing campaigns.
Last year, reports emerged that the artificial intelligence company Metaphysic was assisting Tom Hanks and Robin Wright, the iconic stars of the 1994 classic &#8220;Forrest Gump,&#8221; in being <a href="https://www.benzinga.com/general/entertainment/23/01/30654828/the-rise-of-artificial-intelligence-in-movies-how-the-tom-cruise-deepfake-company-is-helpin">digitally de-aged for a film</a>.
It was also reported that Disney plans to use its Industrial Light and Magic division to digitally de-age Harrison Ford in &#8220;Indiana Jones and the Dial of Destiny,&#8221; for a scene in which he battles Nazis.
For investors, AI presents opportunities reminiscent of the <a href="https://www.benzinga.com/general/entertainment/23/04/31801202/when-netflix-founders-tried-selling-the-company-to-amazon-blockbuster-they-laughed-us-out-o">early days of streaming</a> when Netflix disrupted Blockbuster — the&nbsp;<a href="https://www.benzinga.com/general/education/20/10/17960503/heres-how-much-investing-1-000-in-netflix-when-blockbuster-went-bankrupt-would-be-worth-today" target="_blank" rel="noreferrer noopener">movie rental chain that went bankrupt in 2010</a>. 
The entertainment industry is no stranger to disruptive shifts, and AI could redefine how content is created, marketed, and consumed. Studios investing in AI-based platforms, such as Cinelytic or ScriptBook, are leading this transformation.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/sports/24/11/42042640/netflix-crash-hits-jake-paul-mike-tyson-fight-can-streaming-platform-handle-christmas-day-nfl-action">Netflix Crash Hits Jake Paul-Mike Tyson Fight: Can Streaming Platform Handle Christmas Day NFL Action?</a></li>
</ul>
Disclaimer: This content was partially produced with the help of <a href="https://www.benzinga.com/author/benzinga-neuro" target="_blank" rel="noreferrer noopener">Benzinga Neuro</a> and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Netflix Made DVDs Obsolete By Popularizing Streaming. Ben Affleck Thinks AI Will Change The Face Of Hollywood Next

<a href="https://about.netflix.com/en/news/netflixs-squid-game-unleashed-arrives-dec-17" title="https://about.netflix.com/en/news/netflixs-squid-game-unleashed-arrives-dec-17">https://about.netflix.com/en/news/netflixs-squid-game-unleashed-arrives-dec-17</a>

"Squid Game: Unleashed" Party Royale Game Launches December 17 Ahead Of Season 2's Netflix Return On December 26; Pre-Register Available Now

Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) is back in the top five holdings of The Future Fund Active ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FFND#NYSE">FFND</a>) as of Nov. 15, fund manager Gary Black said on Monday.
What Happened: Tesla is now the fifth top holding in the ETF after Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>), and Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>).
The Future Fund has maintained Tesla as a significant holding since its 2021 launch, though the position has been adjusted from <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/11/41870590/tesla-remains-core-for-gary-black-despite-price-cuts-earnings-drop-nvidia-google-eli-lilly-among-top-performers-in-tech-bulls-portfolio">12.2% in October 2022</a> to 4.11% as of Nov. 15.
Nvidia tops the charts, accounting for 9.29% of The Future Fund Active ETF&#8217;s net assets. Alphabet&#8217;s Class A stock stands at 7.81%, Salesforce at 4.85%, and Netflix at 4.56%.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Future Fund holdings as of 11/15/2024 &#8211; <a href="https://twitter.com/search?q=%24NVDA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NVDA</a> #1, <a href="https://twitter.com/search?q=%24NFLX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$NFLX</a> #4, <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> #5. <a href="https://t.co/J4QcMffS65">pic.twitter.com/J4QcMffS65</a>
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1858660971566202999?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
&#8220;It's called sell discipline, and in the institutional world it's critical to getting assets. No institution will hire you as a manager if you like a stock at any price,&#8221; Black said.
&#8220;Second, when $TSLA pursues a pricing strategy that causes earnings to fall by 50% and TSLA stock to fall by 70% as happened in 2022-2023, wouldn't it be better to sell high and then buy back in after the drawdown?&#8221;
Why It Matters: Tesla resorted to price cuts in late 2022 to up their sales amid an EV demand slowdown and rising competition. The price cuts weighed heavily upon Tesla&#8217;s margins and Black started <a href="https://www.benzinga.com/24/04/38349246/should-have-sold-our-entire-tsla-position-says-fund-manager-following-ev-giants-coordinated-global-p">trimming his position.</a> The Tesla investor community subsequently alleged that he is <a href="https://www.benzinga.com/news/global/24/11/42028323/gary-black-defends-tesla-strategy-amid-clash-with-elon-musk-bulls-we-dont-trade-tesla-we-trim-when-the-price-goes-higher">engaging in short-term trading. </a>
&#8220;Those of us who are long time TSLA bulls, who know instinctively when the stock is oversold and conversely when sentiment is too exuberant, get run out of town quickly for voicing concerns — even when those concerns turn out later to be accurate (e.g. price cuts).&#8221;
In my world, it's ok to take profits when a stock is up 150% in 8 months,&#8221; Black explained in another post on X on Monday.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The problem with the <a href="https://twitter.com/search?q=%24TSLA&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TSLA</a> community is the toxicity directed at anyone who is not bullish enough. Those of us who are long time TSLA bulls, who know instinctively when the stock is oversold and conversely when sentiment is too exuberant, get run out of town quickly for voicing…
&mdash; Gary Black (@garyblack00) <a href="https://twitter.com/garyblack00/status/1858590128068821031?ref_src=twsrc%5Etfw">November 18, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Price Action: Tesla stock gained 5.6% on Monday to close at $338.74, but declined 1.35% in premarket trading on Tuesday. Year-to-date, the Tesla stock is up 36.4%, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Check out more of Benzinga&#8217;s Future Of Mobility coverage by <a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
Read Next:
<ul>
<li><a href="https://www.benzinga.com/general/space/24/11/42025066/elon-musks-spacex-delays-starship-test-flight-next-attempt-now-set-for-tuesday" target="_blank" rel="noreferrer noopener">Elon Musk's SpaceX Delays Starship Test Flight, Next Attempt Now Set For Tuesday</a></li>
</ul>
Photo courtesy: Shutterstock

Analyst Color

Tesla Is Back In The Future Fund Active ETF's Top 5 Holdings

WIIM

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As Millennials and Gen Z continue to redefine consumer behavior, brands that align with their values of sustainability, value, and reputation are seeing strong growth. Thus, investor could invest in fundamentally sound consumer stocks Netflix (NFLX), PepsiCo (PEP), and Macy's (M), which are successfully tapping into this shift. Keep reading... Millennials and Gen Z are emerging as the dominant consumer groups in the dynamic economy, and their purchasing behaviors are dramatically shaping the market.  As these generations demand brands that align with their values, quality stocks like Netflix, Inc. (<a href="https://stocknews.com/stock/NFLX/">NFLX</a>), PepsiCo, Inc. (<a href="https://stocknews.com/stock/PEP/">PEP</a>), and Macy's, Inc. (<a href="https://stocknews.com/stock/M/">M</a>) are successfully capturing their attention through targeted offerings and messaging.
The evolving trends highlight the importance of engaging with these younger consumers through digital platforms and aligning brand values with their expectations. With a focus on value, reputation, and sustainability, these companies are poised to thrive in an increasingly competitive marketplace.
A survey conducted in 2023 revealed that <a href="https://www.statista.com/statistics/1464748/driving-factors-behind-gen-z-purchasing-decisions-us/">77%</a> of Gen Z consumers in the U.S. consider the value of products and services as a key factor in their purchasing decisions, with 73% also prioritizing brand reputation. Sustainability practices are another major concern, with 66% of respondents factoring this into their choices.
Considering these conducive trends, let's examine the stocks in detail.
Netflix, Inc. (<a href="https://stocknews.com/stock/NFLX/">NFLX</a>)
NFLX delivers a diverse range of entertainment products, including TV series, documentaries, feature films, and games, catering to audiences across various genres and languages.
During the fiscal third quarter that ended September 30, 2024, NFLX's revenue increased 15% year-over-year to $9.83 million. Its <a href="https://www.investopedia.com/terms/o/operatingincome.asp">operating income</a> grew 51.8% from the year-ago value to $2.91 million. In addition, the company's net income and EPS came in at $2.36 million and $5.40, up 41% and 44.8% over the prior-year quarter, respectively.
Analysts expect NFLX's EPS and revenue for the fourth quarter ended December 31, 2024, to increase 100.8% and 14.8% year-over-year to $4.22 and $10.14 billion, respectively. It surpassed the Street EPS estimates in each of the trailing four quarters.
Over the past year, the stock has gained 80.6% to close the last trading session at $865.59. It soared 77.8% year-to-date.
NFLX's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect its robust outlook. The stock has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 distinct factors, with each factor weighted to an optimal degree.
NFLX has a B grade in Sentiment and Quality. It is ranked #20 out of 52 stocks in the A-rated <a href="https://stocknews.com/category/internet/">Internet</a> industry.
Beyond what we have stated above, we also have given NFLX grades for Growth, Value, Momentum, and Stability. Get all the NFLX's ratings <a href="https://stocknews.com/stock/NFLX/">here</a>.
PepsiCo, Inc. (<a href="https://stocknews.com/stock/PEP/">PEP</a>)
PEP is a global leader in the production, marketing, and distribution of beverages and convenient foods. With renowned brands like Lay's, Pepsi, Gatorade, and Quaker, it caters to a broad consumer base through grocery stores, e-commerce platforms, and food service channels across diverse regions worldwide.
On November 19, 2024, PEP's BOD declared a quarterly dividend of $1.355 per share, a 7% increase compared to the prior year. This aligns with its annualized dividend increase to $5.42 per share, which translates to a dividend yield of 3.35% at the prevailing price levels. PEP has consistently increased its dividend payments for the past 51 years.
On October 1, 2024, PEP announced a definitive agreement to acquire Garza Food Ventures LLC, known as Siete Foods, for $1.20 billion. This strategic move aims to expand the PEP portfolio in the health-focused food segment.
In the fiscal third quarter ended September 7, 2024, PEP's net revenues were $23.32 billion. Its core, non-GAAP operating profit was $4.18 billion, up 3.6% from the year-ago value. Moreover non-GAAP net income attributable to PepsiCo stood at $3.19 billion and $2.31 per share, respectively, representing increases of 2.6% and 2.7% over the prior-year quarter.
Street expects PEP's revenue and EPS for the quarter ending December 31, 2024, to increase marginally and 9.4% year-over-year to $27.98 billion and $1.95, respectively.
Over the past year, the stock has declined 3.1%, to close the last trading session at $163.05.
PEP's POWR Ratings reflect strong prospects. The stock has an overall rating of B, translating to a Buy in our proprietary rating system.
It has an A grade for Quality and a B for Growth. It is ranked #9 out of 32 stocks in the B-rated <a href="https://stocknews.com/category/beverages/">Beverages</a> industry.
To access PEP's Value, Momentum, Stability, and Sentiment ratings, click <a href="https://stocknews.com/stock/PEP/">here</a>.
Macy's, Inc. (<a href="https://stocknews.com/stock/M/">M</a>)
M is a leading omni-channel retailer in the United States, offering apparel, accessories, cosmetics, and home furnishings through its stores, websites, and mobile apps. Operating under the M's, Bloomingdale's, and bluemercury brands, it also extends its presence to Dubai and Kuwait through licensing agreements.
On September 18, 2024, M announced early tender results for its subsidiary Macy's Retail Holdings, LLC's cash tender offer for certain notes. The offer, capped at a combined purchase price of $220 million, prioritizes the listed series of notes and excludes accrued interest, fees, and expenses.
It pays an annual dividend of $0.69, which translates to a dividend yield of 4.26% at the prevailing price levels.
M posted total revenue of $5.10 billion for the second quarter that ended on August 3, 2024. Its operating income came in at $222 million, up 79% year-over-year. Its net income adjusted to exclude certain items came in at $149 million, up 109.9% year-over-year, while its adjusted earnings per share grew 103.8% from the year-ago value to $0.53.
Street expects M's revenue for the fiscal year (ending January 2025) to be $22.08 billion. Its EPS for the same period is expected to be $2.71.
Shares of M have gained 7% over the past year and 3.6% over the past month to close the last trading session at $15.94.
M's bright prospects are apparent in its POWR Ratings.
It has an A grade for Value and a B for Momentum and Quality. Within the B-rated <a href="https://stocknews.com/category/fashion-luxury/">Fashion &amp; Luxury</a> industry, it is ranked #34 out of 60 stocks.
Click <a href="https://stocknews.com/stock/M/">here</a> to see M's ratings for Growth, Stability, and Sentiment.
What To Do Next?
Get your hands on this special report with 3 low priced companies with tremendous upside potential even in today's volatile markets:
<a href="https://report.stocknews.com/free-report/3stocks/?formplacement=artbotad_3s">3 Stocks to DOUBLE This Year &gt;</a>

<hr />
NFLX shares rose $1.41 (+0.16%) in premarket trading Tuesday. Year-to-date, NFLX has gained 78.11%, versus a 27.15% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Kritika Sarmah</h2> <img src='https:/wp-content/uploads/2022/08/Kritika-Sarmah_Image-3.jpg' style="float:left; padding:5px;width:125px;">Her interest in risky instruments and passion for writing made Kritika an analyst and financial journalist. She earned her bachelor's degree in commerce and is currently pursuing the CFA program. With her fundamental approach, she aims to help investors identify untapped investment opportunities.<a href="https://stocknews.com/authors/?author=kritika-sarmah">More...</a>The post <a href=https://stocknews.com/news/nflx-pep-m-3-consumer-brands-winning-over-millennials-and-gen-z/>3 Consumer Brands Winning Over Millennials and Gen Z</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Consumer Brands Winning Over Millennials and Gen Z

A look at the 30 best-performing stocks in the S&P 1500 on a total return basis over the last twenty years.

Thankful Investors - Last 20 Years

U.S. District Judge Jon Tigar in San Francisco dismissed a shareholder lawsuit accusing Netflix (NFLX) of downplaying the impact of subscriber grow...

Netflix prevails against shareholder suit over growth forecasts, Reuters says

Netflix ($NFLX) won a shareholder lawsuit that alleged the streaming giant had misled investors about growth forecasts. U.S. District Judge Jon Tig...

Netflix Wins Shareholder Lawsuit Alleging Misleading Growth Forecasts

The S&P 500 is falling on Wednesday as tech stocks slide lower alongside the latest inflation data and interest rate cut concerns.

S&P 500 Slides Lower After October's Inflation Data

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Meet Atlas Obscura, The Travel Platform That Combines The Wonder Of Ripley&#39;s Believe It Or Not With The Breadth Of National Geographic&#39;s Content

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