Netflix shares continue to fall: uncertainty in the market is growing!

Netflix shares continue to fall: uncertainty in the market is growing!

On December 26, 2024, Netflix shares fell 1.0 percent in NASDAQ trading and were trading at $922.50 (as of 4:28 a.m.). This makes the share one of the losers in the NASDAQ Composite Index, which is currently at 19,991 points. The high of Netflix shares fell to $921.80, while the opening price was $927.50. To date, 136,097 Netflix shares have been traded.

The 52-week high was reached on December 12, 2024 at $941.61, which is 2.07 percent above the current price. In contrast, the 52-week low of $461.89, set on January 3, 2024, shows a discount of 49.93 percent from the current price. The experts expect a dividend distribution of $0.000 for 2024, which corresponds to the distribution in 2023.

Financial data and expectations

The financial results for the third quarter of 2024 were published at the financial conference on October 17, 2024. Earnings per share (EPS) were $5.52, compared to $3.80 a year ago. Revenue for the third quarter of 2024 was $9.78 billion, up from $8.54 billion a year ago. The next financial results for the fourth quarter of 2024 are expected on January 21, 2025. The fourth quarter 2025 financial results estimate is scheduled for January 15, 2026. Experts estimate earnings for 2024 at $19.80 per share.

Additionally, Nasdaq does not record real-time price data for Netflix stock. The indices are lagged at least a minute, and the bid-ask spread indicates the liquidity of the stock. A small spread indicates higher liquidity, while a larger spread signals lower liquidity. Bid and ask information is also provided by Nasdaq Basic, and you can register for a free Nasdaq Data Link account to gain access to additional data and analysis.