|Bid||563.51 x 900|
|Ask||564.00 x 1000|
|Day's range||564.35 - 583.99|
|52-week range||290.25 - 593.29|
|Beta (5Y monthly)||0.92|
|PE ratio (TTM)||92.96|
|Earnings date||19 Apr 2021 - 23 Apr 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||612.31|
Netflix shares touched an all-time high on Wednesday after the company delivered another impressive earnings report. Despite record subscriber growth in 2020, which was aided by the coronavirus pandemic, Netflix bears continue to roar about the onslaught of competition the streamer is facing. Streaming clearly reached a tipping point last year and the coronavirus pandemic has only accelerated the transition from linear TV to streaming TV that co-CEO Reed Hastings predicted several years ago.
Walt Disney (NYSE: DIS) came out of the gate strong with The Mandalorian leading its slate of Disney+ originals when it launched in late 2019. The series based in the Star Wars universe helped propel the streaming service to tens of millions of global subscribers. While subscription growth remained strong through 2020 as Disney+ expanded globally, some investors may hold concerns about Disney's ability to grow its library of original titles for the platform.
Season 2 of Netflix’s “Bridgerton” has been officially renewed for season 2 — and it couldn’t come at a more perfect time for the streaming giant.