Netflix stock reaches all-time high

Status
Not open for further replies.
R

RBH

Member
Netflix's stock has surpassed $306 a share, representing an all-time high for the streaming service.

In early trading, the stock is up more than 4 percent, or $12 per share, as investors seem happy about the company's announcement of a deal with U.K. cable giant Virgin Media. That deal will incorporate Netflix's VOD service into a pay TV offering in an industry first. Analysts believe it could be the sign of more deals and further growth ahead.

Crossing the $300-a-share mark is an achievement for the company, run by chief executive Reed Hastings. The last time Netflix sniffed $300 was in July 2011, when it made its then-controversial decision to split its DVD rental and online streaming businesses. Since then, with the exception of its ill-fated Quixster experiment, the company has been on a roll with some 30 million subscribers and more than a billion dollars in quarterly revenue being reported. This year alone, Netflix's stock is up more than 219 percent.

Netflix has also done well in its investments in original programming, including House of Cards, the return of Arrested Development and its latest success in Orange Is the New Black. These series have earned the company 14 Emmy nominations, including nine alone for House of Cards. Its newest original, Derek, starring Ricky Gervais, is set to be released later this week.

Parties are planned to celebrate the success. Last night, the company announced that it would host an Emmy party, going up against HBO's directly after the show on Sunday, Sept. 22.
Click to expand...
http://www.hollywoodreporter.com/news/netflix-stock-hits-all-time-625374
 
I remember a lot of people saying they were done after the price increase and the Qwikster fiasco. :lol
 
Very well deserved. Watched Orange this week and loved it, I hope they churn out some more original stuff.
 
enzo_gt said:
Damn that 2 Chainz sextape did well huh
Click to expand...
2aaa61aac9f76cfdf5bcdb3ccf3a7238.jpg
 
I bought it a few years back and bailed around $80 with profit. Good on them though, I've always been a fan of the company.

It's easy to say I wish I still had the shares now but I know I would've been losing my shit when it collapsed in 2011.
 
Their original programming is (generally) coming along great. Can't wait for them to do a big Sci-fi series! Space Opera!/faints

And crazy that they were able to recover from that whole Quikster debacle.
 
funkystudent said:
Remember when Netflix was doomed?
Click to expand...

Which is silly because nobody else is doing what they're doing. There's still massive growth potential. The stock is 17 Billion market cap. They could add 4x the original programming and gradually increase the price to something like $24.99. Get the best TV 2-3 years ago ad free plus HBO quality original series and a bunch of kid stuff would still be an insane value.

Some people cry doom because they get Netflix and think that:
A. It's a movie streaming website first most.
B. It should have all of the latest TV shows, ad free, for $8/month.
 
Fuuu...Whoever bought when it first showed up on the 360, sold when it went Qwikster + rate hike, and then bought again when it dropped all the way down into like the 50s, must be swimming around in gold like scrooge mc duck

Always been a fan of the service but too risk adverse to play the stock market. I can barely gamble away a few hundred dollars in Vegas without being depressed on the way home. lol

Oh and what happened to dat Netflix killer Redbox streaming? ;)
 
Keep in mind stock price is per share, and that's arbitrary. The P/E is massive because they have very low margins. That's because they're reinvesting in growth and they have really low subscription costs. Grow their userbase and increase margins, they'll be a $100 billion dollar company by 2025 if nobody steps up and seriously competes with them.
 
teh_pwn said:
Keep in mind stock price is per share, and that's arbitrary. The P/E is massive because they have very low margins. That's because they're reinvesting in growth and they have really low subscription costs. Grow their userbase and increase margins, they'll be a $100 billion dollar company by 2025 if nobody steps up and seriously competes with them.
Click to expand...

Increasing margins is easier said than done for a business like Netflix that relies on content deals with dozens of other companies. The more revenue their business brings in, the more reluctant content owners are and the more expensive said content becomes.

The companies that actually make movies and TV shows will never let Netflix increase its margins significantly and in a permanent fashion, regardless of whether it has 30 million or 300 million subscribers.

That's why they've started making their own content, but it will be a long ass time before that's enough to decrease their reliance on content deals, if that ever happens.
 
I registered two months ago. Only found one movie I wanted to watch. Didn't watch it, unsubscribed. What a shit selection.
 
Nice. I got in at $20 years ago and held on even through the bad times. I got a little antsy when they were considering the Qwikster spinoff, but since then it seems like they've been handling things well.
 
RevoDS said:
Increasing margins is easier said than done for a business like Netflix that relies on content deals with dozens of other companies. The more revenue their business brings in, the more reluctant content owners are and the more expensive said content becomes.

The companies that actually make movies and TV shows will never let Netflix increase its margins significantly and in a permanent fashion, regardless of whether it has 30 million or 300 million subscribers.

That's why they've started making their own content, but it will be a long ass time before that's enough to decrease their reliance on content deals, if that ever happens.
Click to expand...

Not really, I for my believe that shows like breaking Bad would not be as popular as it is now without Netflix, and content providers realize that. There was even an article here earlier about AMC saying the same thing
 
Bought at like $250 a year or so ago before it dropped, then I was pissed it dropped so low, but I kept it and once it reached the point where I bought it, I sold it and now it went up to $300. So basically, if you want to win the stock market, call me and do the exact opposite that I say.
 
DiddyBop said:
Not really, I for my believe that shows like breaking Bad would not be as popular as it is now without Netflix, and content providers realize that. There was even an article here earlier about AMC saying the same thing
Click to expand...

Pretty sure BB alone can probably account for like 30-40% of the gains it's made in the last month and a half, especially in the UK wherein it is the sole proprietor of the new episodes the day after they air here in the US.

teh_pwn said:
They could add 4x the original programming and gradually increase the price to something like $24.99.
Click to expand...

Ew, no, one of the reasons Netflix is as attractive as it is is that it's leaps and bounds cheaper than cable. Maybe $15 absolute max, but if it went above that anytime within the next decade I'd jump ship
 
zephervack said:
Netflix + Unblock Us, gotta love it, my girlfriend is now hooked on Mexican Soap operas.
Click to expand...
high 5.

it just launched here in NL as well, which is nice, but I prefer paying american dollars and unlocking the full selection for all territories (dutch has some good local stuff, but I can switch if I want).
 
Status
Not open for further replies.

Similar threads

Most aesthetically pleasing computer of all time?
Opinion  2
84
3K
The Lunch Legend replied
Nvidia Stock Recovering!!
33
1K
Kamina replied
Once Upon a Time in Hollywood 2 in the works at Netflix -- written by Quentin Tarantino, directed by David Fincher
2
58
2K
DKehoe replied
Alexander Ovechkin Breaks Wayne Gretzky's All-Time Record For Most Goals In NHL History
25
769
StreetsofBeige replied
Counterstrike (New Netflix Movie)
8
1K
mitch1971 replied
Top Bottom