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The Street Stays Bullish On Netflix Following Q4 Earnings
Friday, January 18, 2019 - 10:40am | 1042Streaming video giant Netflix, Inc. (NASDAQ: NFLX) reported its fourth-quarter results highlighted by an earnings beat and a slight revenue miss, while domestic and international subscriber additions came in better than expected. The company guided its first-quarter EPS and revenue to be 56 cents...
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The Street Reacts To Netflix's Q3
Wednesday, October 17, 2018 - 11:16am | 908Streaming video platform Netflix, Inc. (NASDAQ: NFLX) reported Tuesday with third-quarter results that initially sent shares soaring higher by more than 10 percent. Here's how some of the Street's top analysts reacted to the print. The Analysts Bank of America's Nat...
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KeyBanc Downgrades Netflix, Cites A Need For Stronger Revenue Growth
Wednesday, October 17, 2018 - 8:43am | 377Exiting Netflix, Inc. (NASDAQ: NFLX)'s third-quarter earnings report, KeyBanc's bullish stance on the stock has come to an end after being in place since October 2015. The Analyst KeyBanc Capital Markets' Andy Hargreaves downgraded Netflix from Overweight to Sector Weight. The firm...
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Netflix Q3 Earnings Preview: A Subscriber Numbers Story
Monday, October 15, 2018 - 11:16am | 567Netflix, Inc. (NASDAQ: NFLX) shares tumbled following its second-quarter earnings report in July, and with third-quarter results scheduled to be released Tuesday, investors are highly anticipating the print, according to Bloomberg Intelligence's Paul Sweeney. What Happened Netflix's...
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Piper Jaffray Lifts Netflix's Price Target To $420
Tuesday, June 19, 2018 - 11:53am | 358Piper Jaffray's deep-dive into search trends bodes well for Netflix, Inc. (NASDAQ: NFLX) ahead of the company's second-quarter earnings report in July. The Analyst Piper Jaffray's Michael Olson and Yung Kim maintain an Overweight rating on Netflix with a price target lifted...
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Some Things To Consider Ahead Of Netflix's Q4 Earnings
Wednesday, January 3, 2018 - 6:05pm | 349Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its fourth quarter earnings Jan. 22, which may convince some of Wall Street's neutral or bearish analysts into becoming positive. The Analyst Baird Equity Research's William Power maintains a Neutral rating on Netflix's stock with an...
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Here Are The Key Numbers People Want To See From Netflix This Quarter
Monday, October 16, 2017 - 8:24am | 388Shares of Netflix, Inc. (NASDAQ: NFLX) were trading at new all-time highs of $201.22 early Monday morning ahead of the company's third-quarter earnings report, which will be released after the market close. Wall Street analysts are modeling Netflix to report 4.50 million net subscriber additions...
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In The Case Of The Netflix Price Increases, There Are More Pros Than Cons
Thursday, October 12, 2017 - 8:29am | 388Since Netflix, Inc. (NASDAQ: NFLX) announced it will increase prices on its U.S. members for the first time since 2015, investors have legitimate reasons to be concerned that subscriber losses could outweigh any revenue benefit. But these concerns may be overblown, at least according to Bernstein...
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This Chart Shows Why Netflix Pricing Strategy Is Working
Tuesday, October 10, 2017 - 8:31am | 354Netflix, Inc. (NASDAQ: NFLX)'s stock continued Monday to hit new all-time highs after the company confirmed a price increase for its two highest membership tiers. The price increase does mark the third of its kind since the video streaming option was launched in 2011, Statista highlighted. Granted...
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Netflix's Higher Q2 Subscriber Outlook Offsets Small Q1 Sub Miss
Tuesday, April 18, 2017 - 10:11am | 300Alan Gould of Rosenblatt Securities maintained a Neutral rating on Netflix, Inc. (NASDAQ: NFLX) after the company's first-quarter earnings report in which the streaming video provider added fewer subscribers than expected. According to Gould, Netflix's Q1 subscriber additions were short of...
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RBC's Mark Mahaney: No Reason To Buy Netflix Right Now
Wednesday, January 18, 2017 - 3:25pm | 284Netflix, Inc. (NASDAQ: NFLX) is scheduled to report its fourth-quarter results after Wednesday's market close, but investors shouldn't be rushing in to buy the stock ahead of the print. RBC Capital Market's Mark Mahaney was a guest on CNBC's "Halftime Report" and argued that expectations are set...
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Are You Among The 500,000 Netflix Users About To Cancel Your Membership?
Monday, June 20, 2016 - 3:29pm | 258By the end of the year, 27 million people in the U.S. will be paying more for their Netflix, Inc. (NASDAQ: NFLX) membership than they have in the past. According to Variety, Netflix's planned price increase to $9.99 per month will result in approximately 480,000 customers saying goodbye to...
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Netflix Will Double Subscribers By 2020 (Or Come Close)
Tuesday, February 2, 2016 - 12:02pm | 359Netflix, Inc. (NASDAQ: NFLX) shares are trading flat in the $93 range early Tuesday morning, despite an upgrade from Piper Jaffray analyst Michael Olson. The firm cited valuation as the primary reason for its bullishness, adding that international growth is the key story regardless of what...
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This Analyst With A $40 Price Target Believes Investors Are Overlooking Netflix's Cash Burn, 'Modest' Net Income
Thursday, October 15, 2015 - 9:02am | 500Shares of Netflix, Inc. (NASDAQ: NFLX) were trading lower by more than 4 percent Thursday after traders and investors fully processed the company's third-quarter print. Michael Pachter of Wedbush maintained an Underperform rating and $40 price target on the stock. Pachter noted that...
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Why Netflix's Initial Selloff Was 'Correct'
Thursday, October 15, 2015 - 8:27am | 359Shares of Netflix, Inc. (NASDAQ: NFLX) initially fell more than 14 percent following its third quarter results. Investors and traders initially sold the stock following a top and bottom line miss and concerning subscriber growth figures. The Tech Stock Strategist's Sean Udall noted...