NASDAQ does not use this value to determine compliance with the listing requirements. "Market Cap" is derived from the last sale price for the displayed class of listed securities and the total number of shares outstanding for both listed and unlisted securities (as applicable). 15 analysts offering 12-month price targets in the last 3 months for Netflix evaluate the company at an average price target of 595.73 with a high of 720.00 and a low of 342.00. It does not include securities convertible into the common equity securities. Market Cap (Capitalization) is a measure of the estimated value of the common equity securities of the company or their equivalent.
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The acronym also includes Facebook, Amazon, Apple and Google.Īmazon and Netflix investors have shrugged off concerns about the effect of the pandemic on Netflix’s scripted TV and film production in the US, which have been paused. In 2010, one year prior to the precipitous decline in Netflix's stock price, Reid Hastings was named the Top Businessperson of the Year by Fortune magazine.
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Netflix is among Wall Street’s so-called Faang stocks, the most popular and best-performing US technology companies. Such has been the demand for streaming services that Netflix, Amazon Prime, YouTube and the BBC’s iPlayer agreed at the start of the lockdown to reduce the speed of their streams across Europe to ensure broadband networks could cope with significantly higher usage. Disney+ only launched in the UK and other western European markets in February, and has already doubled its global subscriber base to 50 million. The service’s rivals, such as Amazon’s Prime Video, with an estimated 118 million users, and Disney’s new streaming service, also benefited from new users. Jose Najarro takes a look at Netflix Stock Earnings and shares 4 things to watch about NFLX stoc.
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Netflix, which has more than 160 million subscribers globally, was boosted by the success of original content released after lockdown measures were imposed around the world, such as the seven-part documentary series Tiger King, which tells the story of Joe Exotic, an eccentric breeder of big cats. Netflix Stock Earnings 4 Things To Watch NFLX Stock Price. As recently as 2013 the company was the most valuable in the world, but is now worth about 13% as much as tech titans Apple and Microsoft. Stay up to date on the latest stock price, chart, news, analysis, fundamentals, trading and investment tools. At the same time ExxonMobil’s share price fell 3% to $39.30, giving it a market capitalisation of $166bn as the price of oil slumped.
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