|Bid||576.67 x 900|
|Ask||577.61 x 1300|
|Day's range||556.86 - 581.02|
|52-week range||290.25 - 581.02|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||95.54|
|Earnings date||19 Apr 2021 - 23 Apr 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||554.02|
This is why Netflix shares are really going bonkers after the company's latest earnings report.
Netflix capped off a year of impressive streaming growth by adding 8.5 million net new paying subscribers during the fourth quarter. In response to the earnings report, Netflix shares were up 12.4% in after-hours trading (as of 4:43 p.m. Eastern). Looking ahead, Netflix projected that it will add 6.0 million new subscribers in the first quarter of 2021 — the same as its old forecast for Q4, and less than half the 15.8 million subscribers that Netflix added in Q1 2020 (right as lockdowns were beginning in the United States).
For the full year, Netflix added 36.6 million streaming customers - its highest annual gain - beating its previous record of 28.6 million in 2018.