La chaîne d'options affiche les données clés des options sur actions de Netflix à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour Netflix..

Netflix (NASDAQ:NFLX) Stock, Chaîne d'Options

NETFLIX INC

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 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, 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

When you use&nbsp;<a href="https://www.investopedia.com/ask/answers/difference-between-fundamental-and-technical-analysis/">fundamental analysis</a>&nbsp;to estimate the value of a stock, you have to make a lot of projections.
How quickly will the sales grow? Will profit margins expand or contract? What will the company's capital structure look like, and&nbsp;<a href="https://www.tker.co/i/84489088/a-bunch-of-ways-higher-interest-rates-are-bad">where will interest rates go</a>? Where will tax rates be in the future?
If the projections you put into your valuation model are off, then the value you calculate will be off. Analysts call this phenomenon "<a href="https://www.tker.co/p/price-sensitive-to-earnings-multiple-assumptions">garbage in, garbage out.</a>"
To demonstrate how difficult this exercise is, let's try projecting the sales for A1 Widgets Corporation, a hypothetical company that's the worldwide leader in selling indestructible widgets. Based on A1's order book, sales for widgets will grow for exactly five years. In the fifth year, everyone in the world who will ever need a widget will have one. From there, there will be no more demand for widgets, and the widget factories will close.
What will A1's sales look like after the fifth year?
If you said $0, then you'd be wrong.
Because A1's owners and management had the foresight to quietly gain a foothold in the emerging cloud infrastructure and AI technology businesses. As a result, the company will soon see more sales and growth than ever before. Earnings will eclipse what they made selling widgets. And the stock price will explode.
No, this was not a trick question.
There are countless examples of companies expanding into or outright pivoting to businesses that no one could've foreseen.
<h2 class="wp-block-heading">Buying a stock is about more than investing in a company's product &#x1f914;</h2>
Having a great product to sell isn't enough to have a business that'll generate a great return for shareholders for many years to come.
You also must have stellar management with a killer instinct for allocating capital.
Not only does management have to figure out how to sell the company's core product for growth and profitability, but they also have to be able to read the tea leaves and recognize when the tides of business are turning. Maybe the market for the product is saturated. Maybe the product is becoming obsolete. Maybe customer preferences are shifting with technological developments. Maybe there are other significant opportunities to pursue, and the company has both the finances and expertise to capitalize on them.
Most companies continually make subtle adjustments that often go largely unnoticed. Some completely overhaul their business.
Take Berkshire Hathaway, which was a textile company when Warren Buffett took over it in 1965. Not long after, Berkshire became an&nbsp;<a href="https://www.nationalindemnity.com/about-us/geico.html">insurance company</a>&nbsp;that also&nbsp;<a href="https://www.sees.com/about-us/corporate">sold candy</a>. Today, it's a diversified conglomerate selling everything from energy to airplane parts to underwear. And it has a&nbsp;<a href="https://www.tker.co/p/warren-buffett-on-picking-stocks">massive stock portfolio</a>&nbsp;generating market-beating returns. (I discussed Berkshire's culture of change in a&nbsp;<a href="https://www.tker.co/i/162841568/watch">recent appearance on Yahoo Finance</a>.)
Another famous example of a company that's undergone a total transformation is Netflix. The company defined change when it introduced DVD rentals by mail while many consumers were still walking the aisles of brick-and-mortar video stores. While it dominated the mail-based rental business, management quickly shifted its efforts and aggressively invested in streaming services and original content. In 2023, Netflix&nbsp;<a href="https://about.netflix.com/en/news/netflix-dvd-the-final-season">mailed its last DVD</a>. The&nbsp;<a href="https://finance.yahoo.com/quote/NFLX/">stock</a>&nbsp;currently trades at an all-time high, with the company valued at over $500 billion.
<figure class="wp-block-image"><a href="https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61ac324b-0687-4c1c-9e08-747a5e355d80_1892x820.png" target="_blank" rel="noreferrer noopener"><img decoding="async" src="https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F61ac324b-0687-4c1c-9e08-747a5e355d80_1892x820.png" alt="" /></a></figure>
Last week, I was on&nbsp;<a href="https://finance.yahoo.com/video/understanding-valuation-investors-often-miss-100002273.html">Yahoo Finance's "Stocks in Translation"</a>&nbsp;podcast with Jared Blikre and Sydnee Fried. (Catch it on&nbsp;<a href="https://finance.yahoo.com/video/understanding-valuation-investors-often-miss-100002273.html">Yahoo Finance</a>,&nbsp;<a href="https://podcasts.apple.com/ie/podcast/understanding-valuation-what-investors-often-miss/id1749117130?i=1000712248093">Apple Podcasts</a>,&nbsp;<a href="https://open.spotify.com/episode/1C8YlWo91KwlJA9A7PZf3k">Spotify</a>, or&nbsp;<a href="https://www.youtube.com/watch?v=BCr8bSl53lE">YouTube</a>!) Jared brought up Apple, which generated&nbsp;<a href="https://www.apple.com/newsroom/pdfs/fy2024-q4/FY24_Q4_Consolidated_Financial_Statements.pdf">$96 billion in sales</a>&nbsp;from services.
Here's what I said about Apple during our discussion:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">If we were having a conversation about valuations 25 years ago when Apple was only making desktop computers, [you would ask] how many computers can they sell before you hit a ceiling? And so if you&#8217;re only thinking about investing in a company that only makes computers, then yeah, it might not make sense to pay a premium on the stock that you&#8217;re buying. But if you can be a little bit more imaginative, and if you understand that this is a company that understands change and tweaks its business model as the world changes, and as it reaches a saturation point, then you can begin to imagine a path where a company can continue grow earnings like Apple has and turn into a multi-trillion dollar company.
</blockquote>
Apple's Mac computers account for less than a tenth of the company's sales. Meanwhile, phones, a category they didn't get into until 2007, account for about half of sales. Services account for about a quarter of sales.
<h2 class="wp-block-heading">It's even harder than you think &#x1fae0;</h2>
Acknowledging that your best product has matured and may be on a path to obsolescence is a tough pill to swallow. That said, once you've come to this realization, the hard part is likely just beginning.
Those leading the change will inevitably be met with resistance, not just outside the company, but also inside the company, where many employees won't be ready to let go of the old way of doing things.
Even assuming you have the full buy-in of the company, who knows if you're pivoting in the right direction? You very well could be trading one failing business for another that's doomed to go sideways.
Of course, even the most successful companies have made many bets that have gone bad. The difference between companies that can and can't move past these failures is great risk management and the confidence of shareholders.
But if you fail enough times, you'll eventually lose the faith of the shareholders.
No one ever said any of this was easy.
<h2 class="wp-block-heading">How investors can play this &#x1f4b8;</h2>
Every publicly traded company is doing everything it can to make sure earnings will grow, perhaps in a way that leads to market-beating returns in the company's stock price.
<a href="https://www.tker.co/p/best-performing-stocks-experience-large-max-drawdowns">But many disappoint</a>.
Unfortunately, there isn't a surefire way to identify winners&nbsp;<a href="https://www.tker.co/p/spiva-persistence-2024-past-performance-no-guarantee">consistently</a>&nbsp;enough that you can build a portfolio that&nbsp;<a href="https://www.tker.co/p/spiva-2024-active-managers-underperform-benchmark">outperforms the market</a>.
One of the reasons for this is that over time, it's a&nbsp;<a href="https://www.tker.co/p/warren-buffett-on-picking-stocks">minority of stocks with massive returns</a>&nbsp;driving the market's performance.
So, how can investors play this?
Historically, one of the best moves has been to buy broadly diversified index funds like those tracking the S&amp;P 500. While the diversification may limit your upside, it also makes it almost certain that you'll have exposure to the big winners, including the companies that successfully pivot their businesses in ways that create massive amounts of shareholder value.
<h2 class="wp-block-heading">A quick personal note…</h2>
The evolution of many companies isn't too dissimilar from the ups and downs many of us face in our lives.
As I recently shared with&nbsp;<a href="https://www.tker.co/p/sam-ro-on-joes-happy-hour-may-2025">Joe Fahmy on his podcast</a>, my entry to writing about markets was anything but planned and orderly. And over the span of my career, I experienced&nbsp;<a href="https://www.tker.co/p/backwards-financial-decisions">at least six major pay cuts</a>, including one big one that occurred after I got laid off.
Few of us are lucky enough to live a life where everything goes up and to the right in a smooth, straight line.
But most of us are on a non-linear path, whether by choice or because of forces outside our control.
The good news is that just because things don't go as planned doesn't mean we're doomed to spiral. Read enough biographies (and business case studies), and you'll eventually see that the most impressive people (and companies) were the ones who had to overcome many challenges by making big, unplanned changes.
Just a thought.
&#x2A;&#x2A;

Equities

Long Ideas

Broad U.S. Equity ETFs

Opinion

Markets

AAPL

NFLX

Sometimes, The Best Business Decision Is To Change Businesses

Moments Lab, a Paris-based AI startup focused on revolutionizing video production,<a href="https://www.momentslab.com/blog/moments-lab-raises-24-million-in-fresh-funding"> announced</a> on June 3 that it raised $24 million in Series B funding to expand its technology that automates <a href="https://www.benzinga.com/personal-finance/25/05/45335277/trump-calls-hollywoods-decline-a-national-security-threat-orders-a-100-tariff-on-foreign-films">Hollywood</a> editing workflows for companies like Amazon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Hearst, and Warner Bros. Discovery (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>).
The fresh capital injection brings the company's total funding to $37.4 million,<a href="https://www.businessinsider.com/pitch-deck-ai-startup-moments-lab-raised-millions-media-video-2025-6"> Business Insider</a> reports. According to Moments Lab, the round was led by Oxx, with additional support from Orange Ventures, Kadmos, Supernova Invest, and Elaia Partners. Founded in 2016 by twin brothers Philippe and Fred Petitpont, Moments Lab helps entertainment companies accelerate video production using its patented AI technologies.
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<li>Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — <a href="https://www.benzinga.com/money/boxabl-scaling-fast-from-spacex-orders-to-600-homes-built-this-60k-foldable-home-may-be-the-future-of-housing">this is your last chance to become an investor for $0.80 per share.</a></li>
<li>Deloitte's fastest-growing software company partners with Amazon, Walmart &amp; Target – Many are rushing to <a href="https://www.benzinga.com/money/mode-mobile-2">grab 4,000 of its pre-IPO shares for just $0.30/share!</a></li>
</ul>
<h2 class="wp-block-heading">Agentic AI Tools Redefine How Hollywood Edits Video</h2>
Moments Lab's flagship product, MXT-2, uses multimodal AI to instantly break videos into meaningful scenes by identifying who appears, what is happening, and where it's taking place. The company says it also extracts the most relevant soundbites from interviews, speeches, and press conferences with greater efficiency and precision than human editors.
Its latest development, an <a href="https://www.benzinga.com/markets/tech/25/06/45783322/amazon-launches-new-agentic-ai-group-to-boost-robotics-enhance-user-interactions">agentic AI</a> tool, turns raw video footage into rough cuts using simple prompts, dramatically cutting down manual editing time. According to Business Insider, this new tool is currently being tested by Hearst, and executives say its most promising application is in the fast-paced world of reality TV.
Philippe Petitpont told Business Insider that media companies are under pressure to meet content demands from streamers like Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Amazon Prime Video, and Peacock, while reducing production costs at the same time. Moments Lab's solution helps them meet those demands without compromising output.
Trending: Invest where it hurts — and help millions heal:<a href="https://www.benzinga.com/money/a-cure-for-osteoarthritis-powered-by-everyday-investors-cytonics-is-looking-to-beat-big-pharma-and-disrupt-a-390-billion-market"> Invest in Cytonics and help disrupt a $390B Big Pharma stronghold</a>.
&#8220;The demand from Netflix, Amazon&#8217;s Prime Video, Peacock, is so strong that production companies need to produce more content than ever before, and they don&#8217;t have more money to produce a show,&#8221; Petitpont told Business Insider. &#8220;Being able to produce at lower cost is more important than ever. That&#8217;s where they&#8217;re interested in using new approaches.&#8221;
<h2 class="wp-block-heading">Moments Lab is Monetizing Unused Footage</h2>
The company's AI model has been trained on 1.5 billion assets, including open-source data and content from participating partners in its research consortium, Business Insider says. According to Petitpont, clients have doubled their social media revenue by using the platform to repurpose archival footage.
Moments Lab aims to empower brands to extract more value from their content libraries through AI-generated trailers, highlight reels, and even full-length documentaries. According to Business Insider, one financial media client reportedly plans to reduce the number of human editors as a result of the automation capabilities provided by the platform.
See Also: Maximize saving for your retirement and cut down on taxes: <a href="https://www.benzinga.com/money/wideradvisor-retirement-planning">Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation</a>
<h2 class="wp-block-heading">Scaling with Compliance in a Rights-Protected Industry</h2>
The company operates in a sector that remains cautious about copyright and labor rights. One of the biggest challenges in client onboarding, Petitpont told Business Insider, is convincing legal teams that their intellectual property will not be used to train the AI model. Moments Lab ensures all training data comes from legally cleared sources, including media companies involved in its research partnership program.
Moments Lab says that it plans to invest the fresh capital into expanding its U.S. operations and further developing its agentic AI suite. While the company has not made predictions about industry-wide trends, it says that its tools address the rising demand for efficiency across video production workflows.
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</ul>
Image: Shutterstock

News

AMZN

Moments Lab Secures $24M To Transform Hollywood Video Production With Agentic AI For Amazon Ads, Hearst And Warner Bros. Discovery

June 13, 2025 records indicate that Representative Jonathan Jackson filed a sale of Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>), valued between $65,002 and $150,000. According to the June filing, the transaction occurred on May 7, 2025.
Currently, Linde shares are trading up 0.61% at $468.8.
<h3>What Representative Has Been Trading Recently</h3>
Over the previous three years, Jonathan Jackson conducted 98 trades, totaling more than $1.66 million. The largest of these were in Honeywell Intl and Applied Mat stock. Some of the most notable transactions the Rep. has executed recently include: 
<ul>
<li>IBM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>): $50,001 - $100,000 Purchase</li>
<li>Linde (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIN#NASDAQ">LIN</a>): $50,001 - $100,000 Sale</li>
<li>Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>): $50,001 - $100,000 Purchase</li>
</ul>
Here's a summary of Jonathan Jackson's most recent trades:
<table>
<thead>
<tr>
<th>Company</th>
<th>Ticker</th>
<th>Stock Type</th>
<th>Amount</th>
<th>Transaction Type</th>
<th>Transaction Date</th>
</tr>
</thead>
<tbody>
<tr>
<td>Church &amp; Dwight Co</td>
<td>CHD</td>
<td>STOCK</td>
<td>$15,001 - $50,000</td>
<td>S</td>
<td>2025-05-14</td>
</tr>
<tr>
<td>IBM</td>
<td>IBM</td>
<td>STOCK</td>
<td>$50,001 - $100,000</td>
<td>P</td>
<td>2025-05-14</td>
</tr>
<tr>
<td>Linde</td>
<td>LIN</td>
<td>STOCK</td>
<td>$50,001 - $100,000</td>
<td>S</td>
<td>2025-05-07</td>
</tr>
<tr>
<td>Alphabet</td>
<td>GOOGL</td>
<td>STOCK</td>
<td>$15,001 - $50,000</td>
<td>S</td>
<td>2025-04-21</td>
</tr>
<tr>
<td>Eli Lilly</td>
<td>LLY</td>
<td>STOCK</td>
<td>$15,001 - $50,000</td>
<td>P</td>
<td>2025-04-21</td>
</tr>
</tbody>
</table>
If you want to stay updated on Jonathan Jackson's trades and other congressional members, check out our <a href="https://www.benzinga.com/gov-trades/members/jonathan-jackson">government trades tool</a> to track their activity in real time!
<h3>Why Congressional Transactions Matter</h3>
A congressional transaction is when any representative or senator either buys or sells an individual stock.
Anyone working in Congress must file a Periodic Transaction Report to inform the public of their recent transaction within 30 days of being notified of the transaction and within 45 days of the transaction date.
In April 2012, Former President Barack Obama signed the STOCK Act into law. The act prohibits members of Congress from using private information given to them by their position for personal gain such as buying or selling a stock. The act also expanded disclosure requirements for members of Congress by requiring them to file a monthly disclosure.
<h3>Why Congressional Transactions Matter</h3>
Congressional transactions shouldn't be the primary reason for an investing decision, but they can be an important factor for an investor to consider.
When a senator or representative makes a new purchase, it could be an indication they expect the stock to rise.
A sale, on the other hand, can be made for a variety of reasons, and may not necessarily mean the seller thinks the stock will go down.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Government

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Illinois Rep. Jonathan Jackson Sold Up to $150K Worth of Linde Stock

<a href="https://about.netflix.com/en/news/netflix-expands-programmatic-availability-with-yahoo-dsp" title="https://about.netflix.com/en/news/netflix-expands-programmatic-availability-with-yahoo-dsp">https://about.netflix.com/en/news/netflix-expands-programmatic-availability-with-yahoo-dsp</a>

Reported Earlier: 'Netflix Expands Programmatic Availability With Yahoo DSP'

While Nvidia Corp's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) Jensen Huang has been somewhat of a controversial figure in the quantum computing space, his comments earlier this week sparked enthusiasm for the sector. One of the top beneficiaries was Quantum Computing Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>), which specializes in the development of integrated photonic quantum machines. Still, with QUBT stock enjoying a tremendous run, technical and statistical concerns exist regarding sustainability.
On Wednesday, Huang remarked that quantum computers are on the cusp of being able to solve complex, real-world problems that classical computers cannot address. In particular, the Nvidia CEO highlighted how <a href="https://www.benzinga.com/markets/tech/25/06/45885805/nvidias-jensen-huang-sparks-quantum-stock-frenzy">quantum computers process information in fundamentally new ways</a> relative to traditional computers, paving the way for their road to practical applications.
It's a <a href="https://www.benzinga.com/25/03/44433571/jensen-huang-admits-mistake-says-i-was-wrong-about-quantum-computing-at-gtc-apology-fails-to-lift-rigetti-ionq-d-wave-qubt">sharp pivot</a> from Huang's comments about the innovation in January this year, when he suggested that quantum computers' practical utility was about 15 to 30 years away. At the time, the commentary <a href="https://www.benzinga.com/markets/equities/25/01/42867168/nvidias-jensen-huang-said-something-that-has-all-quantum-computing-stocks-tumbling-qubt-and-rgti-down-13-ionq-down-11">sank securities in the ecosystem</a>, with QUBT stock among the worst-hit names. In fairness, Huang in March stated that he was wrong to jump the gun on the rather pessimistic take on the sector.
Nevertheless, the head executive's original cautiousness may have a point. Although quantum computers are undoubtedly innovative and revolutionary, their ultimate utility is limited to specific <a href="https://introtoquantum.org/essentials/myths/">applications</a>. Essentially, classical computers speak in a binary code but quantum computers speak in probabilities, utilizing complex rules and dynamics from quantum physics.
As such, they're groundbreaking for solving problems that are probabilistic or quantum in nature. However, the issue is that quantum bits (qubits) that undergird the machines are highly sensitive, requiring <a href="https://news.mit.edu/2023/new-way-quantum-computing-systems-keep-their-cool-0221">extreme</a> conditions — such as near absolute zero temperatures — to operate.
In other words, there's a lot of justified optimism baked into QUBT stock — along with potentially a lot of hype.
<h2 class="wp-block-heading">The Winning Streak For QUBT Stock May Be A Bit Too Hot</h2>
Part of the problem regarding buying QUBT stock based on Huang's continued about-face on the underlying sector is that, by the time retail investors are reading the comments, the optimism has already been priced in. Unless there is another positive catalyst around the corner, bidding up QUBT — which is historically volatile — presents risks.
<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1002" height="600" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151636/QUBT-stock-double-top.jpg" alt="" class="wp-image-949653" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151636/QUBT-stock-double-top.jpg 1002w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151636/QUBT-stock-double-top-300x180.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151636/QUBT-stock-double-top-768x460.jpg 768w" sizes="(max-width: 1002px) 100vw, 1002px" /><figcaption class="wp-element-caption">Image by TradingView</figcaption></figure>
From the perspective of technical analysis, the security appears to be forming a double-top formation. In late December through early January, the bulls attempted to fuel the remarkable rally that transpired several weeks prior. Unfortunately for them, the market corrected severely, with Huang's initial skepticism not helping matters. QUBT stock is back again at those levels but it's not clear where the next catalyst is. Subsequently, traders may be tempted to back out.
It must be said that technical analysis is a <a href="https://www.benzinga.com/money/what-you-need-to-know-about-technical-analysis">visual representation of market behavior</a>. As such, the interpretive value is largely heuristic. But from an empirical standpoint, QUBT stock also appears to be on shaky ground.
Assuming that the security closes around the $16.50 level today, QUBT will have printed eight non-consecutive up weeks over the last 10 weeks. Since Quantum Computing's debut as a namesake industry participant — the <a href="https://www.globenewswire.com/news-release/2018/7/11/1535931/0/en/Innovative-Beverage-Group-Holdings-Inc-Announces-Corporate-Name-Change-to-Quantum-Computing-Inc-to-Reflect-Shift-in-Business-Focus-Symbol-Change-to-QUBT-and-200-1-Reverse-Stock-Spl.html">company</a> was formerly known as Innovative Beverage Group Holdings, Inc. —&nbsp; this remarkable pattern has only materialized four times. In all but one case, the following week's price action resulted in downside, with a median loss of 7.53%.
That's not the scary part. No, the real horror begins in the second week. Should the bears maintain control, the median loss at that point would be 21.85%.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151333/QUBT-stock-10wk-forecast-1024x576.jpg" alt="" class="wp-image-949651" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151333/QUBT-stock-10wk-forecast-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151333/QUBT-stock-10wk-forecast-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151333/QUBT-stock-10wk-forecast-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/13151333/QUBT-stock-10wk-forecast.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image by author</figcaption></figure>
Granted, the above data stems from probabilities and projections based on past data — data which is admittedly from a super-small sample size. However, there is a danger in assuming that the balance of bullishness can be pushed to the extreme without consequence.
Case in point is Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>). As great as the company is, NFLX was on a <a href="https://www.benzinga.com/markets/options/25/06/45803568/nflx-stock-correction-risk-following-statistically-rare-rally">statistically rare nine-week consecutive win streak</a>. The streaming giant's dominance was enough for its equity to defy gravity and it fell, almost exactly as predicted.
<h2 class="wp-block-heading">An Aggressive Bear Put Spread For The Data-Driven Trader</h2>
Based strictly on the numbers, it's likely — though to be clear, not guaranteed — that the near-term bearish approach may find success. For those who want to take a shot, the 15/14 bear put spread expiring July 3 may be enticing.
The above transaction involves buying the $15 put and simultaneously selling the $14 put, for a net debit paid of $45. Should QUBT stock fall through the short strike price ($14) at expiration, the maximum reward is $55, a payout of over 122%.
Primarily, what makes this trade attractive is the statistical response to eight up weeks within a 10-week period. More often than not, irrespective of the company's fundamentals, traders have a history of bailing out. This bear spread allows the contrarian statistician to potentially extract profits from the downdraft.
Also, the aforementioned pattern reflects a shift in magnitude in terms of sentiment regime. As a baseline, the chance that a long position in QUBT stock will be profitable over any given week is only 39.83%. With the previously mentioned sequence, the long-side odds are only 25%.
Without casting any aspersions on Quantum Computing as a business, the numbers simply don't favor bullishness in the near term. It's nothing personal…it's just statistics.
The opinions and views expressed in this content are those of the individual author and do not necessarily reflect the views of Benzinga. Benzinga is not responsible for the accuracy or reliability of any information provided herein. This content is for informational purposes only and should not be misconstrued as investment advice or a recommendation to buy or sell any security. Readers are asked not to rely on the opinions or information herein, and encouraged to do their own due diligence before making investing decisions.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/options/25/06/45916087/amat-stock-diplomatic-progress-clears-path-bull-call-spread">Options Corner: Diplomatic Progress Clears The Path For This Call Spread On Applied Materials</a></li>
</ul>
Photo: Shutterstock

Short Ideas

Options

NVDA

QUBT

Options Corner: Quantum Computing Runs On Hype But The Data Flashes Caution

During the last three months, 28 analysts shared their evaluations of Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), revealing diverse outlooks from bullish to bearish.
The following table provides a quick overview of their recent ratings, highlighting the changing sentiments over the past 30 days and comparing them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">10</td>
<td align="right">15</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">2</td>
<td align="right">1</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">6</td>
<td align="right">10</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">2</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
Insights from analysts' 12-month price targets are revealed, presenting an average target of $1199.93, a high estimate of $1514.00, and a low estimate of $1000.00. Observing a 6.07% increase, the current average has risen from the previous average price target of $1131.29. 
<img src="https://www.benzinga.com/files/images/story/2025/1749754842_0.png" alt="price target chart" />
<h2>Investigating Analyst Ratings: An Elaborate Study</h2>
An in-depth analysis of recent analyst actions unveils how financial experts perceive Netflix. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Jason Helfstein</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1425.00</td>
<td>$1200.00</td>
</tr>
<tr>
<td>John Hodulik</td>
<td>UBS</td>
<td>Raises</td>
<td>Buy</td>
<td>$1450.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Jason Bazinet</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$1250.00</td>
<td>$1020.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Neutral</td>
<td>$1220.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Vikram Kesavabhotla</td>
<td>Baird</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1300.00</td>
<td>$1200.00</td>
</tr>
<tr>
<td>Maria Ripps</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$1380.00</td>
<td>$1200.00</td>
</tr>
<tr>
<td>Kannan Venkateshwar</td>
<td>Barclays</td>
<td>Raises</td>
<td>Equal-Weight</td>
<td>$1000.00</td>
<td>$900.00</td>
</tr>
<tr>
<td>Jeffrey Wlodarczak</td>
<td>Pivotal Research</td>
<td>Raises</td>
<td>Buy</td>
<td>$1350.00</td>
<td>$1250.00</td>
</tr>
<tr>
<td>Mark Mahaney</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1150.00</td>
<td>$1100.00</td>
</tr>
<tr>
<td>Tim Nollen</td>
<td>Macquarie</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1200.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Alicia Reese</td>
<td>Wedbush</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1200.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Brian Pitz</td>
<td>BMO Capital</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1200.00</td>
<td>$1175.00</td>
</tr>
<tr>
<td>Tim Rezvan</td>
<td>Keybanc</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1070.00</td>
<td>$1000.00</td>
</tr>
<tr>
<td>Steven Cahall</td>
<td>Wells Fargo</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1222.00</td>
<td>$1210.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1150.00</td>
<td>$1025.00</td>
</tr>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$1126.00</td>
<td>$1126.00</td>
</tr>
<tr>
<td>Barton Crockett</td>
<td>Rosenblatt</td>
<td>Raises</td>
<td>Buy</td>
<td>$1514.00</td>
<td>$1494.00</td>
</tr>
<tr>
<td>Matt Farrell</td>
<td>Piper Sandler</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1150.00</td>
<td>$1100.00</td>
</tr>
<tr>
<td>Maria Ripps</td>
<td>Canaccord Genuity</td>
<td>Raises</td>
<td>Buy</td>
<td>$1200.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Benjamin Swinburne</td>
<td>Morgan Stanley</td>
<td>Raises</td>
<td>Overweight</td>
<td>$1200.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Jason Helfstein</td>
<td>Oppenheimer</td>
<td>Raises</td>
<td>Outperform</td>
<td>$1200.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Laura Martin</td>
<td>Needham</td>
<td>Maintains</td>
<td>Buy</td>
<td>$1126.00</td>
<td>$1126.00</td>
</tr>
<tr>
<td>John Hodulik</td>
<td>UBS</td>
<td>Lowers</td>
<td>Buy</td>
<td>$1140.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Alicia Reese</td>
<td>Wedbush</td>
<td>Maintains</td>
<td>Outperform</td>
<td>$1150.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Justin Patterson</td>
<td>Keybanc</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$1000.00</td>
<td>$1100.00</td>
</tr>
<tr>
<td>Doug Anmuth</td>
<td>JP Morgan</td>
<td>Lowers</td>
<td>Overweight</td>
<td>$1025.00</td>
<td>$1150.00</td>
</tr>
<tr>
<td>Michael Morris</td>
<td>Guggenheim</td>
<td>Maintains</td>
<td>Buy</td>
<td>$1100.00</td>
<td>$1100.00</td>
</tr>
<tr>
<td>Michael Nathanson</td>
<td>MoffettNathanson</td>
<td>Raises</td>
<td>Buy</td>
<td>$1100.00</td>
<td>$850.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to Netflix. This offers insight into analysts' perspectives on the current state of the company.</li>
<li>Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Netflix compared to the broader market.</li>
<li>Price Targets: Delving into movements, analysts provide estimates for the future value of Netflix's stock. This analysis reveals shifts in analysts' expectations over time.</li>
</ul>
For valuable insights into Netflix's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
<a href="https://www.benzinga.com/quote/NFLX/analyst-ratings?adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Stay up to date on Netflix analyst ratings.</a>
<h2>Discovering Netflix: A Closer Look</h2>
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 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
<h3>Netflix: Financial Performance Dissected</h3>
Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.
Revenue Growth: Netflix's remarkable performance in 3M is evident. As of 31 March, 2025, the company achieved an impressive revenue growth rate of 12.51%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company stands out with a growth rate higher than the average among peers in the Communication Services sector.
Net Margin: Netflix's net margin is impressive, surpassing industry averages. With a net margin of 27.42%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Netflix's ROE excels beyond industry benchmarks, reaching 11.85%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Netflix's financial strength is reflected in its exceptional ROA, which exceeds industry averages. With a remarkable ROA of 5.47%, the company showcases efficient use of assets and strong financial health.
Debt Management: Netflix's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 0.62.
<h2>What Are Analyst Ratings?</h2>
Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter. 
Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;adType=benzinga-insights&amp;ad=analyst-ratings&amp;campaign=wallstreetadvantage">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Analyst Ratings

28 Analysts Have This To Say About Netflix

Oppenheimer analyst Jason Helfstein maintains Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) with a Outperform and raises the price target from $1200 to $1425.

Price Target

Oppenheimer Maintains Outperform on Netflix, Raises Price Target to $1425

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Below are some instances of options activity happening in the Communication Services sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>GOOGL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/13/25</td>
<td>$177.50</td>
<td>$69.9K</td>
<td>2.1K</td>
<td>13.1K</td>
</tr>
<tr>
<td>ASTS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/18/25</td>
<td>$50.00</td>
<td>$97.0K</td>
<td>76</td>
<td>2.2K</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>06/13/25</td>
<td>$1225.00</td>
<td>$40.0K</td>
<td>904</td>
<td>2.1K</td>
</tr>
<tr>
<td>NMAX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/11/25</td>
<td>$19.00</td>
<td>$27.5K</td>
<td>193</td>
<td>112</td>
</tr>
<tr>
<td>RDDT</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$140.00</td>
<td>$35.6K</td>
<td>178</td>
<td>16</td>
</tr>
<tr>
<td>DIS</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$140.00</td>
<td>$32.1K</td>
<td>54</td>
<td>15</td>
</tr>
<tr>
<td>META</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/17/27</td>
<td>$750.00</td>
<td>$33.8K</td>
<td>225</td>
<td>3</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These bullet-by-bullet explanations have been constructed using the accompanying table. 
• Regarding GOOGL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), we observe a put option sweep with bearish sentiment. It expires in 2 day(s) on June 13, 2025. Parties traded 551 contract(s) at a $177.50 strike. This particular put needed to be split into 20 different trades to become filled. The total cost received by the writing party (or parties) was $69.9K, with a price of $127.0 per contract. There were 2141 open contracts at this strike prior to today, and today 13154 contract(s) were bought and sold. 
• Regarding ASTS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTS#NASDAQ">ASTS</a>), we observe a call option trade with bullish sentiment. It expires in 37 day(s) on July 18, 2025. Parties traded 1115 contract(s) at a $50.00 strike. The total cost received by the writing party (or parties) was $97.0K, with a price of $87.0 per contract. There were 76 open contracts at this strike prior to today, and today 2220 contract(s) were bought and sold. 
• Regarding NFLX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), we observe a call option sweep with bearish sentiment. It expires in 2 day(s) on June 13, 2025. Parties traded 35 contract(s) at a $1225.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $40.0K, with a price of $1145.0 per contract. There were 904 open contracts at this strike prior to today, and today 2100 contract(s) were bought and sold. 
• For NMAX (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NMAX#NYSE">NMAX</a>), we notice a put option trade that happens to be bearish, expiring in 30 day(s) on July 11, 2025. This event was a transfer of 50 contract(s) at a $19.00 strike. The total cost received by the writing party (or parties) was $27.5K, with a price of $550.0 per contract. There were 193 open contracts at this strike prior to today, and today 112 contract(s) were bought and sold. 
• For RDDT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RDDT#NYSE">RDDT</a>), we notice a put option trade that happens to be bullish, expiring in 9 day(s) on June 20, 2025. This event was a transfer of 16 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $35.6K, with a price of $2230.0 per contract. There were 178 open contracts at this strike prior to today, and today 16 contract(s) were bought and sold. 
• For DIS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), we notice a put option trade that happens to be bullish, expiring in 65 day(s) on August 15, 2025. This event was a transfer of 15 contract(s) at a $140.00 strike. The total cost received by the writing party (or parties) was $32.1K, with a price of $2140.0 per contract. There were 54 open contracts at this strike prior to today, and today 15 contract(s) were bought and sold. 
• For META (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>), we notice a call option trade that happens to be neutral, expiring in 919 day(s) on December 17, 2027. This event was a transfer of 2 contract(s) at a $750.00 strike. The total cost received by the writing party (or parties) was $33.8K, with a price of $16900.0 per contract. There were 225 open contracts at this strike prior to today, and today 3 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ASTS

GOOGL

NMAX

RDDT

7 Communication Services Stocks Whale Activity In Today's Session

<a href="https://about.netflix.com/en/news/netflix-will-invest-more-than-eur1-billion-in-spain-between-2025-and-2028" title="https://about.netflix.com/en/news/netflix-will-invest-more-than-eur1-billion-in-spain-between-2025-and-2028">https://about.netflix.com/en/news/netflix-will-invest-more-than-eur1-billion-in-spain-between-2025-and-2028</a>

Global

Reported Earlier: 'Netflix Will Invest More Than €1 Billion In Spain Between 2025 And 2028'

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 135 unusual trades.
Delving into the details, we found 33% of traders were bullish, while 35% showed bearish tendencies. Out of all the trades we spotted, 78 were puts, with a value of $7,772,671, and 57 were calls, valued at $2,763,149.
<h3>What's The Price Target?</h3>
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $450.0 to $2480.0 for Netflix over the last 3 months. 
<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 $450.0 to $2480.0, over the past month.
<h3>Netflix Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749492033_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 align="right">Open Interest</th>
<th align="right">Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$136.25</td>
<td>$135.7</td>
<td>$135.7</td>
<td>$1180.00</td>
<td>$284.9K</td>
<td align="right">108</td>
<td align="right">0</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$250.15</td>
<td>$248.4</td>
<td>$250.15</td>
<td>$1480.00</td>
<td>$150.0K</td>
<td align="right">57</td>
<td align="right">6</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/19/25</td>
<td>$28.55</td>
<td>$28.0</td>
<td>$28.55</td>
<td>$950.00</td>
<td>$142.7K</td>
<td align="right">224</td>
<td align="right">50</td>
</tr>
<tr>
<td>NFLX</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$71.4</td>
<td>$71.35</td>
<td>$71.35</td>
<td>$1200.00</td>
<td>$135.6K</td>
<td align="right">185</td>
<td align="right">41</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$67.65</td>
<td>$67.6</td>
<td>$67.65</td>
<td>$1300.00</td>
<td>$121.7K</td>
<td align="right">571</td>
<td align="right">38</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 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, 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 1,316,288, the price of NFLX is down by -0.94%, reaching $1229.79.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 38 days from now.</li>
</ul>
<h3>What Analysts Are Saying About Netflix</h3>
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $1320.0.
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&#x2A; An analyst from Citigroup has decided to maintain their Neutral rating on Netflix, which currently sits at a price target of $1250. 
&#x2A; An analyst from Canaccord Genuity persists with their Buy rating on Netflix, maintaining a target price of $1380. 
&#x2A; An analyst from UBS has decided to maintain their Buy rating on Netflix, which currently sits at a price target of $1450. 
&#x2A; An analyst from Baird has decided to maintain their Outperform rating on Netflix, which currently sits at a price target of $1300. 
&#x2A; Reflecting concerns, an analyst from JP Morgan lowers its rating to Neutral with a new price target of $1220.
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A Closer Look at Netflix's Options Market Dynamics

Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) has outperformed the market over the past 20 years by 27.98% on an annualized basis producing an average annual return of 36.29%. Currently, Netflix has a market capitalization of $528.92 billion. 
Buying $1000 In NFLX: If an investor had bought $1000 of NFLX stock 20 years ago, it would be worth $502,526.53 today based on a price of $1242.84 for NFLX at the time of writing.
<h3>Netflix's Performance Over Last 20 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749483913_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$1000 Invested In This Stock 20 Years Ago Would Be Worth This Much Today

Even though Kanye West and Kim Kardashian's relationship is a thing of the past, West&#8217;s investments in stocks for his ex-wife continue to thrive, significantly boosting her financial portfolio.
What Happened: Despite their high-profile divorce, West&#8217;s financial decisions continue to influence Kardashian&#8217;s wealth. According <a href="https://www.forbes.com/profile/kim-kardashian/">to</a> Forbes, her net worth currently stands at $1.7 billion.
Kanye made strategic stock investments on Kardashian's behalf before their separation, many of which have seen impressive returns.&nbsp;
In 2017, Kardashian revealed that her husband, West, gave her an extraordinary Christmas gift: stock worth hundreds of thousands of dollars in major companies like Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>), Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) and Adidas (OTC:<a class="ticker" href="https://www.benzinga.com/stock/ADDYY#OTC">ADDYY</a>).
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43879013/after-im-a-nazi-rant-on-x-kanye-west-is-reportedly-considering-a-token-after-all">After &#8216;I&#8217;m A Nazi&#8217; Rant On X, Kanye West Is Reportedly Considering A Token After All</a>
If an investor had mirrored West's gift to Kardashian by investing $1,000 in each of these companies, here's how that portfolio would have performed:
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<thead>
<tr>
<th>Company</th>
<th class="has-text-align-center" data-align="center">Stock Price (Christmas 2017)</th>
<th class="has-text-align-center" data-align="center">Stock Price (Now)</th>
<th class="has-text-align-center" data-align="center">$1,000 Investment Value Today</th>
<th class="has-text-align-center" data-align="center">Percentage Gain</th>
</tr>
</thead>
<tbody>
<tr>
<td>Disney (DIS)</td>
<td class="has-text-align-center" data-align="center">$104.39</td>
<td class="has-text-align-center" data-align="center">$112.53</td>
<td class="has-text-align-center" data-align="center">$1,077.97</td>
<td class="has-text-align-center" data-align="center">+7.80%</td>
</tr>
<tr>
<td>Netflix (NFLX)</td>
<td class="has-text-align-center" data-align="center">$189.94</td>
<td class="has-text-align-center" data-align="center">$1,250.52</td>
<td class="has-text-align-center" data-align="center">$6,583.76</td>
<td class="has-text-align-center" data-align="center">+558.38%</td>
</tr>
<tr>
<td>Apple (AAPL)</td>
<td class="has-text-align-center" data-align="center">$41.07</td>
<td class="has-text-align-center" data-align="center">$200.63</td>
<td class="has-text-align-center" data-align="center">$4,885.07</td>
<td class="has-text-align-center" data-align="center">+388.51%</td>
</tr>
<tr>
<td>Amazon (AMZN)</td>
<td class="has-text-align-center" data-align="center">$58.42</td>
<td class="has-text-align-center" data-align="center">$207.91</td>
<td class="has-text-align-center" data-align="center">$3,558.88</td>
<td class="has-text-align-center" data-align="center">+255.89%</td>
</tr>
<tr>
<td>Adidas (ADDYY)</td>
<td class="has-text-align-center" data-align="center">$94.26</td>
<td class="has-text-align-center" data-align="center">$120.46</td>
<td class="has-text-align-center" data-align="center">$1,277.95</td>
<td class="has-text-align-center" data-align="center">+27.80%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Note: Stock prices from 2017 are adjusted to reflect splits and dividends.</figcaption></figure>
Over the past five years, Disney shares have declined by 9.85%, while Netflix has surged 198.03%. Apple shares have risen 142.07%, Amazon is up 67.47% and Adidas has fallen by 19.25%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Why It's Important: Kardashian is a television personality, entrepreneur and social media icon who first gained widespread recognition in 2007 through the E! reality series "Keeping Up with the Kardashians," which chronicled the lives of the Kardashian-Jenner family.
Beyond television, she has built a successful business empire with ventures like KKW Beauty, KKW Fragrance and <a href="https://www.benzinga.com/25/02/43789704/kim-kardashians-skims-joins-forces-with-nike-to-redefine-fitness-fashion-stock-gains">the shapewear brand</a> SKIMS.
West, on the other hand, is an American rapper, producer, entrepreneur and fashion designer. In October 2021, he legally changed his name to Ye, citing its spiritual significance.
Widely regarded as one of the most influential musicians of his generation, Ye has sold over 135 million records globally, <a href="https://people.com/tag/kanye-west/">according</a> to People.
Ye is known for his bold public statements and widely publicized personal life. In the fashion world, he founded the Yeezy brand.
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Photo Courtesy: Tinseltown on Shutterstock.com
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Tech

ADDYY

Kanye West Once Gifted Kim Kardashian Stocks In Apple, Netflix, Amazon And Disney — And His Financial Foresight Continues To Benefit Her Wealth

While heavyweights like Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>), and Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) have compounded investor wealth over the years, this particular beverage company has outperformed all of the others over the last 30 years.
What Happened: No, it&#8217;s not Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) or PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>), but it is Monster Beverage Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MNST#NASDAQ">MNST</a>), which has advanced 444,867% since 1995, outperforming all the other S&amp;P 500 stocks over the last 30 years.
According to data highlighted by Charlie Bilello, the chief marketing strategist at Creative Planning, Monster Beverage has provided a 32.6% annualized return over the last 30 years since Aug. 18, 1995.
The data shows that if an investor had bought positions worth $10,000 in the beverage company, they would have a total of $44,496,814 today.
The exchange-traded fund tracking the S&amp;P 500 index, SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), rose 1,868% in the same period, providing a 10.4% annualized return. Thus growing a $10,000 investment into $196,840 over the 30 years.
The top five S&amp;P 500 performers apart from MNST, according to Bilello&#8217;s list, include Nvidia, Amazon, Axon Enterprises Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AXON#NASDAQ">AXON</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">Here are the top 30 stocks in the S&amp;P 500 over the past 30 years. You&#39;ll never guess #1&#8230; <a href="https://t.co/T6FjclGgaH">pic.twitter.com/T6FjclGgaH</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1929175008544268709?ref_src=twsrc%5Etfw">June 1, 2025</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/etfs/sector-etfs/25/06/45716143/trump-administration-set-to-ease-big-bank-rules-in-major-rollback-since-2008-crisis-here-are-the">Trump Administration Set To Ease Big Bank Rules In Major Rollback Since 2008 Crisis: Here Are The Stocks And ETFs Investors Could Consider</a>
Why It Matters: Shares of Monster Beverage have risen by 22.25% on a year-to-date basis, whereas it has gained 23.24% over the last year.
The technical indicators painted a strong picture for the stock. It closed at $63.95 apiece on Friday, which was above its short and long-term simple daily moving averages.
The relative strength index of 67.46 was closer to the overbought conditions but still in the neutral zone. A positive MACD line of 1.33 suggested that its 12-day exponential moving average was above its 26-day EMA, indicating a bullish momentum.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02064010/monster-tech-chart-1024x576.png" alt="" class="wp-image-934938" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02064010/monster-tech-chart-1024x576.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02064010/monster-tech-chart-300x169.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02064010/monster-tech-chart-768x432.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02064010/monster-tech-chart-1536x864.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02064010/monster-tech-chart.png 1920w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Benzinga Edge Stock Rankings shows that Monster had a stronger price trend over the short, medium, and long term. Its momentum ranking was solid, however, its value ranking was poor at the 17.56th percentile. The details of other metrics are<a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"> available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="148" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063916/monster-edge-1024x148.png" alt="" class="wp-image-934935" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063916/monster-edge-1024x148.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063916/monster-edge-300x43.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063916/monster-edge-768x111.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063916/monster-edge.png 1212w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
<a href="https://www.benzinga.com/quote/MNST/analyst-ratings">Benzinga tracks 26 analysts</a> with an average price target of $64.24 for the stock, reflecting a "hold" rating. Estimates range widely from $48 to $120. Recent ratings from Roth MKM, CICC, and UBS average at $61.33, suggesting a potential 3.99% downside.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/quote/MNST/analyst-ratings"><img loading="lazy" decoding="async" width="1024" height="399" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063942/monster-ANR-1024x399.png" alt="" class="wp-image-934936" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063942/monster-ANR-1024x399.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063942/monster-ANR-300x117.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063942/monster-ANR-768x299.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/02063942/monster-ANR.png 1408w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, fell in premarket on Monday. The SPY was down 0.50% at $586.45, while the QQQ declined 0.63% to $586.45, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
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Photo courtesy: kiraziku2u / Shutterstock.com

AXON

COST

MNST

You'd Be A Millionaire If You Invested $10,000 In This Stock In 1995: Here Is S&P 500's Top Performing Stock Over The Last 30 Years

No one is disputing the utter dominance of content streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>). Since the beginning of this year, NFLX stock has gained about 40%, absolutely clowning the Nasdaq Composite index, which is up less than 1% during the same period. Over the past 52 weeks, the security has nearly doubled in value, again putting on a clinic. Still, bullishness is linear — until it's not.
To be crystal clear, Netflix represents a fundamentally stout enterprise. In April, the company reported <a href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44898402/investors-are-buying-netflix-stock-following-q1-earnings-whats-going-on">first-quarter earnings</a> and it was more of the same — in the best possible sense of the phrase. On the top line, the company generated revenue of $10.54 billion, beating the consensus target of $10.52 billion. Further, it posted adjusted earnings per share of $6.61, exceeding analysts' view of $5.74.
Following the earnings disclosure, several Wall Street experts reiterated their bullish ratings, with most raising their 12-month price targets. In a show of force, NFLX stock has now exceeded these upgraded expectations.
At the same time, it's possible to have too much of a good thing. What investors should be aware of is that currently, NFLX stock is on course to print nine consecutive up weeks. An up week is defined as Friday's closing price being higher than Monday's opening price.
Going back to January 2015, there has only been a single time when NFLX stock has printed nine consecutive up weeks. That lone incident resulted in a reversal, with a one-week loss of 2.64%. Granted, this is a sample size of one so investors shouldn't overreact to the data.
Nevertheless, it's also important to consider the underlying psychology. Netflix doesn't pay a dividend, which makes NFLX stock more susceptible to early investors locking in profits. While very few are adamantly bearish on NFLX, the reality is that 10-year Treasuries <a href="https://www.benzinga.com/markets/bonds/25/05/45604132/10-year-yield-tops-455-despite-trumps-eu-tariff-delay-as-bond-market-signals-fiscal-concerns">offer a risk-free yield of 4.55%</a>. There's no reason for investors to ride out volatility with this kind of alternative safe haven.
<h2 class="wp-block-heading">Elevated Correction Probabilities Pose Challenges For NFLX Stock</h2>
Sample sizes are crucial in statistics, meaning that the above sample size of one requires a huge grain of salt. Still, the practice of streak analysis carries a distinct advantage over traditional methodologies of fundamental and technical analysis: stationarity.
At it core, streaks represent discrete, binary events — investors are looking for streaks of accumulation or distribution, up weeks or down weeks. As a result, streak analysis can be conducted across time because the metric of comparison is static. In colloquial terms, the analysis is speaking the same language.
On the flipside, it's practically impossible to conduct a similar assessment using continuous scalar signals such as stock prices or earnings. These metrics often change dramatically over time and can also shift due to regime changes. As well, administrative factors such as share dilution or buybacks can easily distort the signals, making statistical analysis either overly complex or nonsensical.
Adding to the remarkable win-streak argument for NFLX stock, it should be noted that in the past decade, the security has only witnessed nine occasions where it posted nine up weeks (in any order) across a 10-week period. From a market breadth perspective, NFLX is currently on track to print a "9-1" sequence.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="576" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150616/NFLX-stock-10wk-forecast-1024x576.jpg" alt="" class="wp-image-940257" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150616/NFLX-stock-10wk-forecast-1024x576.jpg 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150616/NFLX-stock-10wk-forecast-300x169.jpg 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150616/NFLX-stock-10wk-forecast-768x432.jpg 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/05150616/NFLX-stock-10wk-forecast.jpg 1280w" sizes="(max-width: 1024px) 100vw, 1024px" /><figcaption class="wp-element-caption">Image by author</figcaption></figure>
On six occasions (66.67%), the following week's price action results in downside, with a median loss of 2.73%. Assuming that NFLX stock closes at $1,250, the implication is that it's possible the security could temporarily correct to around $1,216.
Interestingly, last week, NFLX stock printed an 8-2-U sequence. Historically, this pattern carries a following week downside risk of 53.57%. Obviously, the implications of this sequence aren't panning out as expected. Nevertheless, as NFLX stacks more accumulative sessions without correction, the statistical risk of temporary downside rises considerably.
<h2 class="wp-block-heading">A Bold Move For The Agnostic Trader</h2>
As a strong and much-loved company, Netflix doesn't have many doubters. However, all healthy rallies eventually encounter a breather. Emotionally agnostic traders that want to attempt to take advantage of this possibility may consider the 1225/1220 bear put spread expiring June 20.
At time of writing, this transaction involves buying the $1,225 put and simultaneously selling the $1,220 put, for a net debit paid of $250. Should NFLX stock fall through the short strike price at expiration, the maximum reward is also $250, a payout of 100%.
Primarily, this trade is tempting because of the statistical argument laid out above. Whether looking at the landscape from a nine-week consecutive win streak or as a 9-1 sequence, the historically observed performance risk sits at a loss between 2.64% and 2.73%. If NFLX stock closes this week at $1,250, the implication is that the security may land somewhere around $1,216 to $1,217. In either case, that's more than enough to trigger the $1,220 short strike price.
As a final cautionary note, Netflix is a fundamentally robust business and any downside will likely be ephemeral. If a substantive correction materializes prior to expiration, traders should consider exiting the spread early. While this would leave time on the clock (and thus a penalty against the payout), NFLX could easily bounce back in a hurry.
In other words, this trade is about skimming profits from the ebb and flow of a high-powered growth stock; it is not about expressing long-term skepticism of an obviously standout performer.
The opinions and views expressed in this content are those of the individual author and do not necessarily reflect the views of Benzinga. Benzinga is not responsible for the accuracy or reliability of any information provided herein. This content is for informational purposes only and should not be misconstrued as investment advice or a recommendation to buy or sell any security. Readers are asked not to rely on the opinions or information herein, and encouraged to do their own due diligence before making investing decisions.
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</ul>
Photo: Shutterstock

Options Corner: Netflix Faces Temporary Breather After Statistically Rare Rally

Wall Street&#8217;s recent rally slowed on Wednesday as investors reevaluated the economic outlook in light of weak job data and an unexpected contraction in the U.S. services sector. The major indexes showed mixed performance: the Dow Jones Industrial Average slipped 0.2% to 42,427.74, the S&amp;P 500 inched up 0.01% to 5,970.81, and the Nasdaq gained 0.3% to close at 19,460.49. These are the top stocks that gained the attention of retail traders and investors throughout the day:
Mullen Automotive Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MULN#NASDAQ">MULN</a>)
Mullen Automotive&#8217;s stock skyrocketed by 198.70%, closing at $16.10. The stock reached an intraday high of $26.55 and a low of $5.10. In the after-hours trading the shares fell 18.01% to $13.20. The company announced <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45780600/mullen-stock-is-soaring-higher-wednesday-whats-going-on">new securities purchase agreements</a> following a 1-for-100 reverse stock split, which significantly boosted its stock price. 
Applied Digital Corp&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>)
Applied Digital&#8217;s stock surged by 29.27%, closing at $13.25. The stock reached an intraday high of $13.47 and a low of $10.46, with a 52-week high of $13.47 and a low of $3.01. In the after-hours trading, the stock rose 9.4% to $14.50. Applied Digital and CoreWeave have been in the spotlight <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45774434/coreweave-applied-digital-shares-are-trending-wednesday-whats-going-on">due to their recent data center deal</a>, which has driven investor interest and pushed the stock to new highs.
MongoDB Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>)
MongoDB saw a 3.09% increase, closing at $199.73. The stock hit an intraday high of $201.79 and a low of $193.87, with a 52-week range of $370 to $140.94. The shares rose 14.6% to $228.89 in the after-hours trading. The company reported <a href="https://www.benzinga.com/markets/earnings/25/06/45781429/mongodb-q1-earnings-revenue-eps-beat-expectations-company-raises-fy26-guidance-adds-800-million-to-its-buyback">better-than-expected first-quarter earnings</a>, with revenue of $549.01 million and adjusted earnings of $1 per share. MongoDB also raised its fiscal 2026 guidance and announced an $800 million buyback, boosting investor confidence. 
Netflix Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>)
Netflix&#8217;s stock rose by 1.78%, closing at $1,239.66. The stock&#8217;s intraday high was $1,242.56, with a low of $1,219.88, and a 52-week range of $1,242.56 to $588.43. Recent data highlighted Netflix as a <a href="https://www.benzinga.com/news/entertainment/25/05/45705091/netflix-paramount-dominate-new-top-series-viewers-how-streaming-connection-with-different-age-demographics-helps">leader in streaming viewership</a>, alongside Paramount in broadcast television, which has contributed to its stock&#8217;s positive performance.
Tesla Inc&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>)
Tesla&#8217;s stock dropped by 3.55%, closing at $332.05. The stock&#8217;s intraday high was $345.60, with a low of $327.33, and a 52-week range of $488.54 to $167.42. Reports indicated a <a href="https://www.benzinga.com/trading-ideas/movers/25/06/45777555/tesla-stock-is-sliding-wednesday-heres-why">decline in sales</a> for Tesla&#8217;s China-made vehicles, with May deliveries for the Model 3 and Model Y down 15% year-over-year. This continued trend of declining sales has impacted the stock of the Elon Musk-led company negatively. 
<figure class="wp-block-image size-full"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="761" height="102" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/04221409/Screenshot-2025-06-05-at-11.13.43.png" alt="" class="wp-image-939046" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/04221409/Screenshot-2025-06-05-at-11.13.43.png 761w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/04221409/Screenshot-2025-06-05-at-11.13.43-300x40.png 300w" sizes="(max-width: 761px) 100vw, 761px" /></a></figure>
Benzinga Edge Stock Rankings indicate Netflix has good Short, Medium and Long term Price Trends. Find out <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">how it scores</a> on other metrics.
Prepare for the day&#8217;s trading&nbsp;<a href="https://editorial.benzinga.com/wp-admin/Premarket%20Movers%20&amp;%20News">with top premarket movers and news</a>&nbsp;by Benzinga.
Photo Courtesy: Billion Photos on Shutterstock.com
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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>

APLD

MULN

TSLA

Mullen Automotive, Applied Digital, MongoDB, Netflix, Tesla: Why These 5 Stocks Are On Investors' Radars Today

UBS analyst John Hodulik 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 $1150 to $1450.

UBS Maintains Buy on Netflix, Raises Price Target to $1450

Whales with a lot of money to spend have taken a noticeably bearish stance on Netflix.
Looking at options history for Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) we detected 22 trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 54% with bearish.
From the overall spotted trades, 2 are puts, for a total amount of $53,599 and 20, calls, for a total amount of $2,677,761.
<h3>What's The Price Target?</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $10.0 to $1225.0 for Netflix over the recent three months. 
<h3>Volume &amp; Open Interest Trends</h3>
In today's trading context, the average open interest for options of Netflix stands at 480.65, with a total volume reaching 291.00. 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 $10.0 to $1225.0, throughout the last 30 days.
<h3>Netflix Option Activity Analysis: Last 30 Days</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749045728_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</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>01/16/26</td>
<td>$1219.0</td>
<td>$1212.35</td>
<td>$1214.86</td>
<td>$10.00</td>
<td>$1.0M</td>
<td>2.3K</td>
<td align="right">10</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/19/25</td>
<td>$240.8</td>
<td>$238.05</td>
<td>$240.8</td>
<td>$1020.00</td>
<td>$264.8K</td>
<td>581</td>
<td align="right">13</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>07/03/25</td>
<td>$38.7</td>
<td>$36.8</td>
<td>$37.99</td>
<td>$1225.00</td>
<td>$189.9K</td>
<td>19</td>
<td align="right">54</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>07/18/25</td>
<td>$533.0</td>
<td>$525.25</td>
<td>$528.37</td>
<td>$700.00</td>
<td>$158.5K</td>
<td>18</td>
<td align="right">3</td>
</tr>
<tr>
<td>NFLX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/18/26</td>
<td>$250.75</td>
<td>$246.1</td>
<td>$246.1</td>
<td>$1200.00</td>
<td>$123.0K</td>
<td>7</td>
<td align="right">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 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
<h3>Present Market Standing of Netflix</h3>
<ul>
<li>With a trading volume of 196,174, the price of NFLX is up by 0.75%, reaching $1227.07.</li>
<li>Current RSI values indicate that the stock is may be approaching overbought.</li>
<li>Next earnings report is scheduled for 43 days from now.</li>
</ul>
<h3>What The Experts Say On Netflix</h3>
Over the past month, 4 industry analysts have shared their insights on this stock, proposing an average target price of $1287.5.
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;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Canaccord Genuity keeps a Buy rating on Netflix with a target price of $1380. 
&#x2A; An analyst from JP Morgan has revised its rating downward to Neutral, adjusting the price target to $1220. 
&#x2A; Maintaining their stance, an analyst from Baird continues to hold a Outperform rating for Netflix, targeting a price of $1300. 
&#x2A; An analyst from Citigroup persists with their Neutral rating on Netflix, maintaining a target price of $1250. 
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://www.benzinga.com/pro/">Benzinga Pro</a>.

Netflix Options Trading: A Deep Dive into Market Sentiment

Warner Bros. Discovery Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WBD#NASDAQ">WBD</a>) shareholders delivered a rebuke to CEO David Zaslav&#8216;s leadership on Tuesday, with over 59% voting against his $51.9 million compensation package for 2024 in the company&#8217;s annual &#8220;say-on-pay&#8221; ballot.
What Happened: The symbolic vote represents growing shareholder frustration with executive compensation at the media conglomerate, which has seen its stock plummet 59% since the April 2022 merger of AT&amp;T&#8217;s WarnerMedia and Discovery Communications created the company, The Wall Street Journal <a href="https://www.wsj.com/business/media/warner-discovery-shareholders-vote-against-ceo-david-zaslavs-pay-db679d1e?mod=hp_lead_pos6">reported</a>. More than 80% of shareholders participated in the non-binding vote.
Zaslav&#8217;s pay package rejection marks a significant deterioration from last year, when 50.8% of shareholders approved executive compensation. Corporate governance firm ISS considers anything below 70% approval as &#8220;low support.&#8221;
The compensation controversy comes as Warner Bros. Discovery faces mounting financial pressures. S&amp;P Global Ratings downgraded the company&#8217;s debt to junk status in May, <a href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/06/45731052/warner-bros-debt-downgrade-is-an-ironically-positive-event-analyst">citing challenges in its cable-network business</a> as consumers abandon traditional television for streaming services.
See Also: <a href="https://www.benzinga.com/markets/equities/25/06/45763260/jim-cramer-says-trump-is-distorting-pretty-much-everything-and-thats-making-it-difficult-to-value-stocks-people-would-just-rather-be-short">Jim Cramer Says Trump Is &#8216;Distorting Pretty Much Everything&#8217; And That&#8217;s Making It Difficult To Value Stocks: &#8216;People Would Just Rather Be Short&#8217;</a>
Why It Matters: Warner&#8217;s cable networks, including CNN, Food Network, and Discovery Channel, continue experiencing rating and revenue declines. The company&#8217;s HBO Max streaming service, while profitable and adding subscribers, lags significantly behind industry leaders Netflix Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) and Walt Disney Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>), the report noted.
Bank of America Securities analyst Jessica Reif Ehrlich <a href="https://www.benzinga.com/analyst-stock-ratings/reiteration/25/06/45731052/warner-bros-debt-downgrade-is-an-ironically-positive-event-analyst">maintains a Buy rating on Warner Bros. Discovery</a> with a $14 price target, calling the debt downgrade &#8220;ironically positive&#8221; for equity holders. Ehrlich argues the downgrade increases strategic flexibility by removing a &#8220;double-trigger&#8221; change of control covenant that previously limited strategic options.
Entertainment industry CEO compensation typically exceeds other sectors, according to the report. Netflix co-CEOs Ted Sarandos and Greg Peters each received over $60 million in 2024, while Disney&#8217;s Bob Iger earned $41.1 million. However, shareholders at both companies have previously rejected executive pay packages in similar non-binding votes.
WBD stock is showing positive momentum with an upward short- to long-term price trend, according to Benzinga Edge Stock Rankings. However, it faces challenges in growth and valuation. See <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">the full stock breakdown here</a>.
<figure class="wp-block-image aligncenter size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-2#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="880" height="638" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/04021648/image-40.png" alt="" class="wp-image-937646" style="width:486px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/04021648/image-40.png 880w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/04021648/image-40-300x218.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/06/04021648/image-40-768x557.png 768w" sizes="(max-width: 880px) 100vw, 880px" /></a></figure>
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Warner Bros Discovery Shareholders Reject CEO David Zaslav's $51.9 Million Pay Package Amid Stock Slump, Debt Downgrade

Scott Galloway, the <a href="https://www.benzinga.com/personal-finance/financial-advisors/25/05/45337334/scott-galloway-wants-to-cut-checks-for-rich-retirees-but-critics-say-his-fix-could-break-social-security">outspoken professor</a> and entrepreneur, says he gets it wrong all the time—and he doesn't try to hide it. &#8220;I bought Netflix at $12 and sold it at $10. Now it's at $1,100,&#8221; he said on a recent episode of the &#8220;<a href="https://www.youtube.com/watch?v=XwdaYTvncwk">My First Million</a>&#8221; podcast. &#8220;I can&#8217;t stand people who are constantly taking pictures of all their wins and posting them on social.&#8221;
<h2 class="wp-block-heading">Distressed Investing Over Hype Stocks</h2>
Despite that Netflix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) miss, Galloway has racked up some big wins, mostly by betting on unpopular, overlooked assets. He says the best returns don't come from trendy stocks, but from distressed situations that smell, as he put it, &#8220;like urine.&#8221;
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One of his best trades? Buying $10 million in <a href="https://www.benzinga.com/top-stories/25/05/45448569/ftx-to-distribute-over-5b-to-creditors-in-second-round-of-payouts-on-may-30">FTX bankruptcy claims</a> for $2.2 million after digging through the exchange&#8217;s filings. He figured their investment in <a href="https://www.benzinga.com/25/01/43127416/anthropic-gains-big-with-google-backing-aiming-for-60-billion-valuation-and-surging-ai-revenue">AI company Anthropic</a> was worth much more than creditors realized. "Crypto took off, everything they had invested in went crazy," he said. &#8220;Looks like we&#8217;re going to get 160 cents on the dollar.&#8221;
He admits there was risk, but also effort. &#8220;I&#8217;m that guy who reads bankruptcy filings,&#8221; he said.
<h2 class="wp-block-heading">From Vape Startups To Yellow Pages</h2>
Galloway&#8217;s biggest return came from helping bring vape company NJOY out of bankruptcy. He initially put in $2.5 million. After the company received the U.S. Food and Drug Administration approval and was bought by Altria (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>), his stake turned into $75 million.
&#8220;We almost went to zero two or three times,&#8221; he said. &#8220;But that was hands down my best investment.&#8221;
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Another win came from dying yellow pages company Dex Media. He got in for about $4 million and sold after the business successfully pivoted into software. "What is less sexy than Yellow Pages?" he said.
Still, he doesn't shy away from his losses. He once invested $5 million in a healthcare texting company that went to zero in just 18 months. And he left $2 million on the table after selling covered calls on a stock that jumped right after earnings.
<h2 class="wp-block-heading">Shift Away From U.S. Stocks</h2>
Galloway is now moving away from U.S. equities, citing sky-high valuations and political instability. "[If] you think you're diversified because you're in an <a href="https://www.benzinga.com/money/what-is-an-index-fund">index fund</a>, you're not, because I believe the U.S. is going to go flat in the next decade," he said. &#8220;I&#8217;m going to be almost entirely out of the U.S. market within three or four months.&#8221;
He&#8217;s especially bullish on Europe, clarifying how everyone thinks Europe is overregulated and boring, but that&#8217;s exactly when you invest. &#8220;When something&#8217;s been left for dead,&#8221; he said.
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'I Bought Netflix At $12 And Sold At $10. Now It's At $1,100, Says Scott Galloway, Hates When People Only Post Their Wins Online

Streaming giant Netflix Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NFLX#NASDAQ">NFLX</a>) may have complicated holiday plans for many people in the United States with new "Stranger Things" episodes and <a href="https://www.benzinga.com/general/sports/25/04/44615929/nfl-gets-3-christmas-day-games-in-2025-how-netflix-amazon-will-both-benefit">two NFL games</a> premiering on the platform on Christmas Day.
What Happened: Netflix hosted its Tudum global fan event over the weekend, and many new trailers, release dates and details were shared with fans, including the release dates for the <a href="https://www.benzinga.com/general/entertainment/24/11/41821069/netflix-stock-hits-all-time-highs-company-confirms-stranger-things-season-5-for-2025" target="_blank" rel="noopener">highly anticipated fifth </a>and final season of Stranger Things.
"Stranger Things" will be <a href="https://www.netflix.com/tudum/features/stranger-things-season-5-release-date">released </a>in three parts on the following dates:
<ul class="wp-block-list">
<li>Part 1: four episodes, Nov. 26 (the day before Thanksgiving)</li>
<li>Part 2: three episodes, Dec. 25 (Christmas Day)</li>
<li>Part 3: final episode, Dec. 31</li>
</ul>
All of the episodes will premiere at 5 p.m. PST on the respective dates.
While many people may have their Christmas plans wrapped up on Dec. 25 by the time the new episodes are released, others may look to have parties and celebrations earlier than normal during the day.
Also, keep in mind that Netflix has two Christmas Day NFL games: the Dallas Cowboys vs. the Washington Commanders at 1 p.m. ET and the Detroit Lions vs. the Minnesota Vikings at 4:30 p.m. ET.
This means that Netflix will have premium content for subscribers from 1 p.m. until potentially midnight, depending on the length of the three "Stranger Things" episodes that are released.
The other parts of "Stranger Things" also find release dates around holidays that could complicate family get-togethers and plans.
For comparison, "Stranger Things" season four was released as nine episodes, seven of which were released on May 27 and two on July 1, 2022.
Along with family members upset they might not see as many of their loved ones who want to watch NFL games and "Stranger Things," streaming rival Prime Video might be upset by Netflix's release dates.
The streaming platform, owned by Amazon.com Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>), has a third NFL game on Christmas. The Denver Broncos and Kansas City Chiefs will play at 8:15 p.m. ET, right when the new "Stranger Things" episodes will be released.
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Why It's Important: "Stranger Things" is one of the most-watched series in Netflix history and the final season is among the most anticipated releases on the streaming platforms ever.
Releasing episodes of the hit show around holidays will likely pay off for Netflix in the viewership charts, as people often have time off of work and could binge-watch or catch up on old episodes.
For Netflix, the decision to have two Christmas Day NFL games and "Stranger Things" episodes could be the streamer's decision to plant their flag on the holiday and be the go-to place for homes around the country during the day and at night.
Netflix averaged 24 million viewers for its two Christmas Day 2024 NFL games with 65 million Americans watching at least a portion of one of its two games during the day. The streamer cut into the usual dominance of NBA games that traditionally air on Christmas Day.
"Stranger Things" was not the only highlight from Tudum and also not the only key 2025 release from the streaming giant.
Netflix also <a href="https://www.netflix.com/tudum/features/tudum-2025-the-live-event">highlighted </a>other hits like "Wednesday" season 2 and "Squid Game" season 3, which will be released on Aug. 6 and June 27 respectively. The fan event included a performance by Lady Gaga, who will be featured in the second season of "Wednesday."
The streamer also highlighted upcoming releases like "Frankenstein," "Happy Gilmore 2," "Wake Up Dead Man: A Knives Out Mystery" and season two of "One Piece."
Netflix has new seasons of "Squid Game," "Stranger Things," and "Wednesday" in 2025, giving fans new content for three of its most popular series of all time. Add in NFL games, WWE live matches, and more, and Netflix's 2025 lineup continues to look like one of the best among streamers.
NFLX Price Action: Netflix stock was up 1% to $1,218.98 on Monday, hitting a new 52-week high of $1,219.40 during the trading session. Netflix stock is up 37.5% year-to-date in 2025 and over 90% in the last year.
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