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NASDAQ:NFLX
Netflix Inc. (NFLX)
Financials 
Technical Analysis 
The password crackdown is effective. A lot of the quant buying in recent weeks is going to breakouts like Tesla. Their fundamentals are also improving.
Joe Terranova
Shares are already up 37% YTD, though 40$ below all-time high. A clear-breakout and likes the momentum. The PE is lower than other streamers, like Disney. Password-crackdown is working. This could hit $500 with this momentum.
Joe TerranovaThe last quarter has seen a major improvement in revenue growth and shares now have price momentum
Joe Terranova
It is profitable and not losing billions on the streaming business like Disney, Paramount, etc. They know what they are doing and are ahead of the competition. It is guiding to $3 billion free cash flow this year and trading at a reasonable valuation. He sees earnings doubling over the next few years. Buy 27 Hold 23 Sell 4
(Analysts’ price target is $365.15)
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Premium contentOur PAST TOP PICK with NFLX has triggered its stop at $320. To remain disciplined, we recommend covering the position at this time. When combined with the previous recommendation to cover half, this will result in a net investment gain of 29%
Premium content
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A second driver of growth has been the new ad tier. After six months, this new tier has attracted nearly 5 millions subs worldwide and “more than doubled” since early this year. About one in four new sign-ups elected the cheaper ad version of Netflix. It’s still early days, but these figures are moving in the right direction. The street reacted last week with two upgrades, including one price target jumping to $535. That may be optimistic, but the consensus is that Netflix has more room to run. Read 3 Big Tech Stocks Making a Comeback for our full analysis.