-
Netflix Investors Hit The Buy Button After Q3 Earnings, But Analysts Are Cautious On Ad-Supported Plan: Here's Why
Wednesday, October 19, 2022 - 4:55pm | 888Shares of Netflix Inc (NASDAQ: NFLX) rose sharply Tuesday after the market close after the streaming giant reported third-quarter financials that beat analysts’ expectations. The Street is sharing updated thoughts on what’s ahead for Netflix as it works to return to growth and...
-
6 Spotify Analysts Break Down Q4 Results As Stock Plunges: Are There Any Catalysts Ahead?
Thursday, February 3, 2022 - 5:05pm | 842Spotify Technology SA (NYSE: SPOT) shares are plunging after the music streaming service issued lackluster user growth guidance. The Spotify Analysts: BofA Securities analyst Jessica Reif Ehrlich maintained a Buy rating and a $352 price target on Spotify shares. Morgan Stanley analyst...
-
4 Clear Dynamics For Netflix Shares Going Into Q4 Earnings
Monday, January 17, 2022 - 8:56am | 362Streaming giant Netflix Inc (NASDAQ: NFLX) is scheduled to report its fourth-quarter financial results thiss week, and here's what an analyst at Credit Suisse expects from the company. The Netflix Analyst: Douglas Mitchelson has an Outperform rating and a $740 price target on Netflix shares....
-
Netflix Stock Trades Down After Q2 Results: Cramer Reacts
Wednesday, July 21, 2021 - 10:41am | 359Netflix Inc (NASDAQ: NFLX) is trading lower Wednesday after the company announced worse-than-expected second-quarter financial results. What Happened: Netflix reported quarterly earnings of $2.97 per share, which came in below the estimate of $3.15 per share. The company reported...
-
Pro Traders Break Down Netflix, Disney Streaming War
Friday, June 25, 2021 - 3:21pm | 471ACNBC panel discussed the streaming war between Netflix Inc (NASDAQ: NFLX) and The Walt Disney Co (NYSE: DIS) Friday on CNBC's "Fast Money Halftime Report." Credit Suisse analyst Douglas Mitchelson upgraded Netflix Friday from Neutral to Outperform and announced a...
-
Why Netflix Is Still The Content King
Friday, June 25, 2021 - 12:59pm | 365After a weaker content slate than normal for Netflix Inc (NASDAQ: NFLX), the streaming giant has an impressive lineup of original content coming in the second half of 2021 and highly anticipated show returns in 2022. The Netflix Analyst: Credit Suisse analyst Douglas Mitchelson upgrades shares of...
-
'Still A Beat And Raise Story': Wall Street Cheers T-Mobile Following Earnings Beat
Wednesday, May 5, 2021 - 1:15pm | 595T-Mobile US Inc (NASDAQ: TMUS) traded higher by 3.9% on Wednesday after the company reported a first-quarter earnings beat and impressive subscriber growth numbers. For the first quarter, T-Mobile reported adjusted EPS of 74 cents on revenue of $19.8 billion. Both numbers beat consensus analyst...
-
Credit Suisse Downgrades ViacomCBS After Stock Rally
Thursday, January 28, 2021 - 4:56pm | 240ViacomCBS Inc’s (NASDAQ: VIAC) stock has climbed 91% over the last three months versus a 12% gain for the S&P 500 index, and it now reflects more than the company’s upside potential, according to Credit Suisse. The ViacomCBS Analyst: Douglas Mitchelson downgraded ViacomCBS to...
-
Wall Street Weighs In On Disney's Impressive Streaming Subscriber Growth
Wednesday, August 5, 2020 - 10:50am | 599Walt Disney Co (NYSE: DIS) shares gained 6.2% on Wednesday morning after the company reported more than 100 million streaming subscribers on Tuesday and said it plans to launch an additional streaming service. Disney reported fiscal third-quarter adjusted EPS of 8 cents, well ahead of consensus...
-
Netflix Lacks Lack Near-Term Catalysts, Credit Suisse Says After Q2 Report
Friday, July 17, 2020 - 12:37pm | 337Following Netflix Inc’s (NASDAQ: NFLX) second-quarter results and guidance, Credit Suisse lowered its estimates for 2020 and 2021 and said there seems to be a lack of near-term catalysts. The Netflix Analyst: Douglas Mitchelson downgraded Netflix from Outperform to Neutral and...
-
Netflix Analyst Raises Estimates Ahead Of Q2 Subscriber Report, Sees 'Content Advantage' Over HBO Max, Disney+
Tuesday, July 7, 2020 - 4:49pm | 490Netflix Inc (NASDAQ: NFLX), which added a record net 15.77 million paid subscribers in the first quarter, is poised to comfortably beat its guidance when it reports second-quarter results July 16, according to a Credit Suisse analyst. The Netflix Analyst: Douglas Mitchelson maintained an...
-
'Imminent Dilemma'? Netflix's Strong Q1 Net Adds Leave Some On Wall Street Worried
Wednesday, April 22, 2020 - 1:42pm | 1003Netflix Inc (NASDAQ: NFLX) reported strong quarterly results Tuesday, with global net subscriber additions well ahead of the consensus estimate. The Netflix Analysts Nomura Instinet analyst Mark Kelley maintained a Neutral rating on Netflix and lifted the price target from $330 to $390....
-
Why This Netflix Analyst Says Streaming Platform Will Beat Q1 Net Subscriber Guidance
Wednesday, March 25, 2020 - 10:12am | 560Netflix Inc (NASDAQ: NFLX) is one of the key beneficiaries of social distancing and stay-at-home orders necessitated by the coronavirus pandemic, according to Credit Suisse. The Netflix Analyst Douglas Mitchelson maintained an Outperform rating on Netflix with a $440 price...
-
Sell-Side Raises Expectations On AT&T After Earnings Beat, Guidance
Tuesday, October 29, 2019 - 3:30pm | 583AT&T Inc. (NYSE: T) shares were settling on Tuesday after surging a day earlier on a third-quarter earnings beat and news of a capital allocation plan that looks to address some concerns of an activist investor, but sell-side analysts projected still higher price ceilings for the stock. AT&...
-
International Subscriber Growth Keeps Analysts Mostly Still Tuned In To Netflix
Thursday, October 17, 2019 - 3:39pm | 782Will Netflix Inc. (NASDAQ: NFLX) be able to fend off new competition and continue to grow subscribers? It wasn't looking so good a few months ago, but after a rebound in subscriber growth in the third quarter led by overseas customers some analysts are thinking: Stranger Things have happened....