Published: Tue, April 17, 2018
Markets | By Noel Gibbs

Netflix, Inc. (NASDAQ:NFLX)

Netflix, Inc. (NASDAQ:NFLX)

(NFLX) have caught the attention of the Wall Street community. It's nearly enough to make Netflix doubters like me throw in the towel.

"As we head into the rest of 2018 we believe Netflix has a number of growth levers which should fuel the company's next phase of strategic penetration among both U.S. and especially global consumers and this quarter reiterated this message "loud and clear" as the king of content continues to streamroll ahead".

In the upcoming quarter, management is expecting similarly impressive figures as well as a near 40% revenue increase.

As DiClemente wrote, "after a blowout fourth quarter which saw Netflix easily surpass subscriber growth guidance and consensus expectations both domestically and internationally, shares have continued higher on the theme of a massive worldwide addressable market and underappreciated United States pricing power". The average cost of a Netflix membership rose 14 per cent during that time, and customer ranks swelled to 125 million. Disney is sure to appeal to a wide range of people with it's massive library of popular franchises, but there's enough room for more than one great streaming service.

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That remains to be seen, but one thing's for sure: Netflix truly is now the epitome of a modern media giant.

Options traders have priced in an 8.8% stock move in either direction around the upcoming earnings release, according to the Market Maker Move indicator on thinkorswim® platform.

Annual earnings per share (EPS) growth noted at 102.40% in past 5 Years and Long-term annual earnings per share (EPS) growth is expected to reach 70.75% in coming 5 years.

But Netflix CEO Reed Hastings thinks his company will be unaffected by a regulatory crackdown.

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But it has to continue to invest in original content because it is a way to attract new subscribers, and also because it's content that it can more easily distribute across different geographies and itself has control of the rights and what happens to it.

Or at least the subscriber growth figures are proof that those splurges are paying off at the moment. Currently, the stock has a 1 Year Price Target of $286.62.

In an earnings call, Netflix chief content officer Ted Sarandos said the company is not going to change its stance about giving some of its movies limited theatrical runs.

J.P. Morgan pointed out that Netflix is "more insulated" from regulatory and data-privacy concerns than other large-cap technology stocks like Facebook.

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There's another metric that is more forward looking, and that is the cash Netflix spends for its programming. Barclays assumed coverage on shares of Netflix in a research note on Thursday, January 11th. (NASDAQ:NFLX)'s stock has been 59.86% and 116.68% for the last 12 months. During the same period in the prior year, the business posted $0.15 earnings per share. equities research analysts anticipate that Netflix will post 2.73 EPS for the current year. Those contracts with Shonda Rhimes and other Hollywood heavy hitters are signed in ink. This may also include tracking analyst opinions and following what the big money institutions are buying or selling.

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