Netflix yahoo finance10/29/2023 Alexandra is a Senior Entertainment and Media Reporter at Yahoo Finance. As of Thursday, that investment would be worth about $293,000, which is a pretty good return. Netflix freeloaders, beware The company is ramping up its password sharing crackdown. Yahoo Finance’s Seana Smith and Dave Briggs sit down with Mahaney to discuss his bull case for Netflix. Netflix (NFLX) is considering raising the price of its ad-free plan after the. These results would represent year-over-year changes of -8.27 and +6.39. Netflix reported an unexpected decline in first-quarter net subscribers as the company navigated an exit from Russia and an increasingly saturated North American market.Shares slumped by more than. Subscribe to Yahoo Finance Plus to view Fair Value for NFLX.MI. The chart below shows the value of a $1,000 investment in Netflix stock made at the first day's split-adjusted closing price of $1.20 per share over the following 16 years. NFLX's full-year Zacks Consensus Estimates are calling for earnings of 10.31 per share and revenue of 31.6 billion. Get the annual and quarterly balance sheet of Netflix, Inc. Third Bridge analyst Jamie Lumley told Yahoo Finance all of the major streamers had been weighing password crackdowns for well over a year but wanted to wait and see what Netflix would do first. Yahoo Finance Plus Essential access required. ET on Thursday, Netflix was trading at an all-time high of $350.41 per share, with a market capitalization surpassing that of the entertainment mega-giant Disney. Get access to 40+ years of historical data with Yahoo Finance Plus Essential. Wednesday was the 16th anniversary of Netflix's initial public offering, and an investor buying in then would have made a very impressive return over the years.Īfter initially offering its stock at $15 per share on May 23, 2002, Netflix closed its first day of trading at $16.75, or $1.20 per present-day share after adjusting for stock splits, according to data from Yahoo Finance.Īs of 12:25 p.m. Wednesday was the 16th anniversary of Netflix's initial public offering.Ī $1,000 investment made at the stock's first-day closing price would be worth nearly $300,000 today.
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