Check Out What Whales Are Doing With NFLX
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Netflix (NASDAQ:NFLX) by a large investor, as indicated by a large position in the company's publicly available options history. Benzinga's options scanner spotted 15 options trades for Netflix, with sentiment split between 46% bullish and 53% bearish. Whales have been targeting a price range from $375.0 to $425.0 for Netflix over the last 3 months. Several experts have given their ratings on Netflix, with price targets ranging from $404 to $525.
October 24, 2023 | 2:01 pm
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A large investor has taken a bearish stance on Netflix, with sentiment among big-money traders split between bullish and bearish. Price targets for the company range from $404 to $525.
The bearish stance taken by a large investor, as well as the split sentiment among big-money traders, could potentially lead to a decrease in Netflix's stock price in the short term. Additionally, the range of price targets given by experts indicates uncertainty about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100