Latest news with #Carry-On
Yahoo
3 days ago
- Business
- Yahoo
Why the Netflix Stock (NFLX) Rally Isn't Done Yet
Netflix (NFLX) has soared almost 80% over the past year, recently topping $1,200 per share, prompting concerns that the stock may be overextended. Critics point to its sharp rally, driven by strong subscriber growth and bold strategic pivots, as a sign of potential overvaluation. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter But this momentum may be more than just a temporary surge. With growing strength in AI, live content, and multiple revenue streams, Netflix appears well-positioned for sustained growth. While a near-term pullback is possible given its valuation, a drop below $1,000 is unlikely. I'm strongly bullish on the cord-cutting stock that consistently disproves the naysayers. One of Netflix's most significant successes lately is the progress made in AI-powered recommendations. You're firing up Netflix and are likely to land on a show that feels like it was made for you, a great stride given that this was one aspect the company was struggling with in the past. That's the magic of Netflix's AI-driven recommendation engine, which drove 80% of content consumption last year, with subscribers averaging two hours of watch time daily. AI refines these Netflix algorithms, analyzing viewing patterns to serve up hits like Squid Game Season 2, which smashed records with 68 million views in its first week. This is great for customer satisfaction and should translate to higher retention. This is evident in churn rates holding steady despite price hikes. By personalizing content at scale, Netflix ensures subscribers stay, while, along with new cohorts coming in by the quarter, its membership and ad revenues both increase. AI is also playing a key role in driving investor enthusiasm for Netflix, as it's already transforming how content is developed and produced. From analyzing scripts for audience appeal to optimizing shooting schedules and streamlining post-production, AI allows Netflix to cut costs without compromising quality. A recent example is Carry-On, the holiday thriller that garnered 42 million views in its first week—AI helped refine its pacing to maximize viewer engagement. At the MoffettNathanson Media Conference, Netflix management emphasized how these efficiencies enable the company to deliver a wide-ranging content slate—from Guillermo del Toro's Frankenstein to Happy Gilmore 2—without inflating budgets. As Netflix plans to invest $18 billion in content in 2025, its ability to stretch production dollars through AI gives it a competitive edge. While other streamers continue to grapple with platform scalability, Netflix's proven ability to deliver high-quality originals efficiently reinforces its position as a leader in the space. Then you have Netflix's ad-supported tier, launched in 2022, which has been a runaway success, reaching 94 million monthly active users by early 2025, up from 40 million the year prior. AI is the secret sauce here, crafting ads that feel less like interruptions and more like part of the experience. You're pausing Stranger Things and seeing an advertisement for a retro diner that matches the show's vibe. AI's targeting makes that happen. We could also see Netflix rolling out AI-generated ads by next year, hyper-targeting viewers with cinematic precision. Management projects this tier could double ad revenue this year. With 45% of new sign-ups in ad-tier markets opting for this plan, Netflix is tapping a goldmine that rivals can't match. The risk here is overloading viewers with ads, which could spark backlash. However, I trust management's execution skills in this regard. Despite the excitement around Netflix's AI-driven efficiencies, the stock now trades at over 47x this year's consensus EPS estimate—an elevated valuation, even for a category leader with double-digit growth. Bears argue that a correction is overdue, and there's merit to that view. I agree that Netflix could experience a healthy pullback. However, investors waiting for a significant drop—particularly below $1,000 per share—may be waiting in vain. With consistent top-line growth and AI poised to drive long-term margin expansion, Netflix is well-positioned to sustain 20%+ annual EPS growth for the foreseeable future. Coupled with its consumer-staple-like attributes—namely, highly predictable cash flows—the company is likely to continue commanding a premium valuation. For long-term investors, Netflix remains a high-quality name that the market will be willing to pay up for. Wall Street remains highly bullish on Netflix, with a Strong Buy consensus based on 29 Buy and nine Hold ratings over the past three months, and notably, no Sell ratings. However, the average 12-month price target of $1,239.76 suggests a modest 2.2% upside from current levels. In my view, this reflects a continued underappreciation of Netflix's earnings growth potential, particularly as AI-driven efficiencies and strong content performance support long-term margin expansion. In April, Netflix reported earnings per share of $6.61, highlighting the company's current business strength with over $40 billion in revenue, more than 300 million paid households, and an audience of over 700 million individuals. Looking ahead, analysts expect NFLX to report EPS of $7.03 at its next meeting on July 17. Netflix's impressive share price rally reflects growing investor confidence in its ability to harness AI to boost revenue and reduce costs. From AI-enhanced user engagement and efficient content production to the rapid growth of its ad-supported tier, Netflix is increasingly viewed as the undisputed leader in the streaming space, with the potential for even greater dominance ahead. While the stock's valuation is undeniably elevated, the company's strong earnings trajectory suggests that a significant pullback is unlikely in the near term. Disclaimer & DisclosureReport an Issue Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
5 days ago
- Entertainment
- Time of India
Theo Rossi, Billy Campbell boards feature thriller 'A Better Place'
Actors Theo Rossi , Billy Campbell and Rosaline Elbay have joined the feature thriller 'A Better Place' from Virgo Films, reported Deadline. According to the media outlet, the movie is written and directed by Anton Sigurdsson. The film follows a disgraced deputy, his anxious partner, and a sharp-tongued female prisoner who cover up a hit-and-run, only to spiral into paranoia, greed and buried secrets that tear them apart, reported Deadline. It is produced by Wes Hull, Jason Armstrong, Diana Hull, Erlingur Jack Gudmundsson, Rossi and Sigurdsson. Wes Hull created a hype for the movie by saying that, "This is Theo Rossi, Billy Campbell, and Rosaline Elbay as you've never seen them before, each delivering what we believe is the best work of their careers. The movie's a wild ride, part odyssey, part rollercoaster. One minute you're holding your breath, the next you're laughing out loud. We're incredibly proud of what we've made and we can't wait to share it with audiences," said Hull. According to Deadline, Rossi recently starred in DC and HBO Max's 'The Penguin' as Dr. Julian Rush, the therapist who is an accessory to crime with Cristin Milioti's Sofia Falcone. He also starred in the Netflix movie Carry-On alongside Taron Egerton and Jason Bateman. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like One of the Most Successful Investors of All Time, Warren Buffett, Recommends: 5 Books for Turning... Blinkist: Warren Buffett's Reading List Click Here Undo Campbell broke out in the 1990s in Disney's 'Rocketeer' and went on to star in Jennifer Lopez's 'Enough' and Francis Ford Coppola's 'Dracula'. He starred as Darren Richmond on AMC's 'The Killing'. Elbay starred on Hulu's 'Ramy' and Netflix's T'he Diplomat', reported Deadline. (ANI)
Business Insider
5 days ago
- Business
- Business Insider
Why the Netflix Stock (NFLX) Rally Isn't Done Yet
Netflix (NFLX) has soared almost 80% over the past year, recently topping $1,200 per share, prompting concerns that the stock may be overextended. Critics point to its sharp rally, driven by strong subscriber growth and bold strategic pivots, as a sign of potential overvaluation. Confident Investing Starts Here: But this momentum may be more than just a temporary surge. With growing strength in AI, live content, and multiple revenue streams, Netflix appears well-positioned for sustained growth. While a near-term pullback is possible given its valuation, a drop below $1,000 is unlikely. I'm strongly bullish on the cord-cutting stock that consistently disproves the naysayers. AI-Powered Recommendations: Keeping You Hooked Longer One of Netflix's most significant successes lately is the progress made in AI-powered recommendations. You're firing up Netflix and are likely to land on a show that feels like it was made for you, a great stride given that this was one aspect the company was struggling with in the past. That's the magic of Netflix's AI-driven recommendation engine, which drove 80% of content consumption last year, with subscribers averaging two hours of watch time daily. AI refines these Netflix algorithms, analyzing viewing patterns to serve up hits like Squid Game Season 2, which smashed records with 68 million views in its first week. This is great for customer satisfaction and should translate to higher retention. This is evident in churn rates holding steady despite price hikes. By personalizing content at scale, Netflix ensures subscribers stay, while, along with new cohorts coming in by the quarter, its membership and ad revenues both increase. AI Empowerment Begins to Deliver AI is also playing a key role in driving investor enthusiasm for Netflix, as it's already transforming how content is developed and produced. From analyzing scripts for audience appeal to optimizing shooting schedules and streamlining post-production, AI allows Netflix to cut costs without compromising quality. A recent example is Carry-On, the holiday thriller that garnered 42 million views in its first week—AI helped refine its pacing to maximize viewer engagement. At the MoffettNathanson Media Conference, Netflix management emphasized how these efficiencies enable the company to deliver a wide-ranging content slate—from Guillermo del Toro's Frankenstein to Happy Gilmore 2 —without inflating budgets. As Netflix plans to invest $18 billion in content in 2025, its ability to stretch production dollars through AI gives it a competitive edge. While other streamers continue to grapple with platform scalability, Netflix's proven ability to deliver high-quality originals efficiently reinforces its position as a leader in the space. AI-Driven Ads Haul in Big Bucks Then you have Netflix's ad-supported tier, launched in 2022, which has been a runaway success, reaching 94 million monthly active users by early 2025, up from 40 million the year prior. AI is the secret sauce here, crafting ads that feel less like interruptions and more like part of the experience. You're pausing Stranger Things and seeing an advertisement for a retro diner that matches the show's vibe. AI's targeting makes that happen. We could also see Netflix rolling out AI-generated ads by next year, hyper-targeting viewers with cinematic precision. Management projects this tier could double ad revenue this year. With 45% of new sign-ups in ad-tier markets opting for this plan, Netflix is tapping a goldmine that rivals can't match. The risk here is overloading viewers with ads, which could spark backlash. However, I trust management's execution skills in this regard. Stretched Valuation Justified by Stability Despite the excitement around Netflix's AI-driven efficiencies, the stock now trades at over 47x this year's consensus EPS estimate—an elevated valuation, even for a category leader with double-digit growth. Bears argue that a correction is overdue, and there's merit to that view. I agree that Netflix could experience a healthy pullback. However, investors waiting for a significant drop—particularly below $1,000 per share—may be waiting in vain. With consistent top-line growth and AI poised to drive long-term margin expansion, Netflix is well-positioned to sustain 20%+ annual EPS growth for the foreseeable future. Coupled with its consumer-staple-like attributes—namely, highly predictable cash flows—the company is likely to continue commanding a premium valuation. For long-term investors, Netflix remains a high-quality name that the market will be willing to pay up for. Is NFLX Stock Expected to Rise? Wall Street remains highly bullish on Netflix, with a Strong Buy consensus based on 29 Buy and nine Hold ratings over the past three months, and notably, no Sell ratings. However, the average 12-month price target of $1,239.76 suggests a modest 2.2% upside from current levels. In my view, this reflects a continued underappreciation of Netflix's earnings growth potential, particularly as AI-driven efficiencies and strong content performance support long-term margin expansion. Netflix's Hopes Aren't Fading Anytime Soon Netflix's impressive share price rally reflects growing investor confidence in its ability to harness AI to boost revenue and reduce costs. From AI-enhanced user engagement and efficient content production to the rapid growth of its ad-supported tier, Netflix is increasingly viewed as the undisputed leader in the streaming space, with the potential for even greater dominance ahead. While the stock's valuation is undeniably elevated, the company's strong earnings trajectory suggests that a significant pullback is unlikely in the near term.
Yahoo
05-06-2025
- Entertainment
- Yahoo
Jennifer Lopez Is a Silver Screen Diva in Kiss of the Spider Woman Teaser Trailer
Roadside Attractions and Lionsgate have released the first official teaser trailer, highlighting the upcoming Jennifer Lopez musical. The new trailer highlights the upcoming movie, based on the stage musical of the same name by Terrence McNally, John Kander, and Fred Ebb. The story follows a pair of men in a prison, with one recounting his favorite musical to the other. The musical itself is an adaptation of a 1976 novel by Manuel Puig, which was previously turned into a 1985 Brazilian movie starring William Hurt. Kiss of the Spider Woman is set to release in theaters on October 10, 2025. Check out the trailer below (watch other trailers): The film stars Jennifer Lopez, Diego Luna, and Carry-On's Tonatiuh. Lopez and Luna also serve as executive producers on the project. The movie is written and directed by Bill Condon, who previously wrote the screenplay for 2002's Chicago before he went on to helm projects such as 2006's Dreamgirls, both of the Breaking Dawn Twilight Saga movies, 2017's Beauty and the Beast, and more. 'Valentín (Diego Luna), a political prisoner, shares a cell with Molina (Tonatiuh), a window dresser convicted of public indecency,' reads the film's official synopsis. 'The two form an unlikely bond as Molina recounts the plot of a Hollywood musical starring his favorite silver screen diva, Ingrid Luna (Jennifer Lopez).' The post Jennifer Lopez Is a Silver Screen Diva in Kiss of the Spider Woman Teaser Trailer appeared first on - Movie Trailers, TV & Streaming News, and More.
Daily Mirror
31-05-2025
- Entertainment
- Daily Mirror
Netflix's epic TUDUM event – what we can expect about its favourite shows
Netflix's TUDUM event is set to take the world by storm as it promises to provide sneak previews and performances by a host of high profile names including Lady Gaga The hugely anticipated Netflix TUDUM live event is finally here. The live streaming event will take place at the Kia Forum in Los Angeles and will be hosted by fan favourite Sofia Carson, best known for her roles in The Life List and Carry-On. TUDUM is set to feature a host of the streaming platform's biggest names, out-of-this -world performances, and not forgetting huge reveals. Stars including Lady Gaga, HumanKind, Matt Damon, Millie Bobby Brown and Joanna Lumley have joined the elite line-up and will perform live for all to see. Other special guests include Lily Collins, Ben Affleck and Dallas Cowboys Cheerleaders. TUDUM is a global event for Netflix and was named after the distinctive sound that prefaces the start of every Netflix production, be it a film or TV series. According to the streaming platform's website: "It is Netflix's biggest celebration of fandom and culture-defining storytelling — spotlighting movies, shows, stars and creators that fans around the world love." The first TUDUM event took place in January 2020 in Brazil as a "multi-title festival that celebrated Netflix's young adult content, drawing more than 50,000 fans over four days. " Since it's launch five years ago it attracted millions of views, especially in 2023 where 78 million people viewed the live event. Taking to YouTube, Lady Gaga teased fans with her attendance. Dressed in a black lace outfit, teamed with elbow-length black gloves, she shared with viewers: "Hi little monsters. I just wrapped Copacabana. I'm headed to Singapore and then I'll see you at..." Lady Gaga then simply flashed the name of the event as she smiled to the camera. Speaking to HOLA! ahead of the event, Sofia told the publication: "It's been a really exciting process and a really collaborative one with Netflix, which is always how it goes with them." She added, "I was invited to host about a month and a half ago and immediately got on creative calls with ideas that I wanted to bring to life with them." She continued: "As a performer, I've been so lucky to perform on some of the biggest stages in the world… but every time I get to do something that's a little bit different than what I'm used to, it's always a little nerve-wracking.' Sofia explains she was immediately involved in rehearsals and script writing once she agreed to take part in the global event. Now, with just a few hours until the hotly anticipated live show, Sofia will be finalising her jaw-dropping outfits.
