Netflix (NFLX) PT Raised to $60 at Wedbush; FCF Burn Being Overlooked
- Wall St gains on bright earnings, megacaps' support
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil falls back after robust EU data as Mideast tensions linger
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Apple, PepsiCo, JetBlue fall premarket; Amazon, GM and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
Netflix (NFLX) PT Raised to $115 at SunTrust Robinson Humphrey
October 18, 2016 8:28 AM EDTSunTrust Robinson Humphrey analyst Robert Peck raised his price target on Netflix (NASDAQ: NFLX) to $115.00 (from $110.00) but maintained a Hold rating following better than expected Q3 and guidance.
Peck commented, "Netflix reported a better than feared 3Q, and guided to a... More
Netflix (NFLX): Price Target Goes Up But FCF Estimates Go Down - Evercore ISI
October 18, 2016 7:37 AM EDTEvercore ISI analyst, Ken Sena, reiterated his Sell rating on shares of Netflix (NASDAQ: NFLX) despite the company solidly beating estimates over FCF concerns.
Netflix reported a strong beat to estimates with the exception of FCF, where its $506mm quarterly... More
Netflix (NFLX) October volatility up into shares spiking 19% in premarket on better than expected Q3
October 18, 2016 7:33 AM EDTNetflix (NASDAQ: NFLX) is recently up $19.42 to $119.32 in the premarket on better than expected results. October option implied volatility is at137, November is at 54; compared to its 52-week range of 26 to 84 into the expected release of Q3 results today.
... MoreNetflix (NFLX) PT Raised to $130 at Nomura
October 18, 2016 7:14 AM EDTNomura Securities analyst Anthony DiClemente reiterated a Buy rating and raised his price target on Netflix (NASDAQ: NFLX) to $130.00 (from $110.00) following strong Q3 results and guidance.
DiClemente commented, "Netflix showed that the qualitative virtues often cited by bulls - secular growth of internet video,... More
Netflix (NFLX) PT Raised to $112 at Mizuho
October 18, 2016 7:10 AM EDTMizuho Securities analyst Neil Doshi raised his price target on Netflix (NASDAQ: NFLX) to $112.00 (from $90.00) but maintained a Neutral rating following better-than-expected Q3 results and guidance.
Doshi commented, "On the margin we are becoming more constructive given the solid performance... More
What Drove Netflix (NFLX) After Hours Rally - RBC
October 18, 2016 6:53 AM EDTRBC Capital analyst, Mark Mahaney, reiterated his Outperform rating on shares of Netflix (NASDAQ: NFLX) and raised the price target to $150 from $130 after posting very strong Q3 EPS results with particular strength in sub growth. Original Content appears to be bolstering the brand... More
Netflix (NFLX) PT Raised to $80 at Jefferies; Maintains 'Underperform'
October 18, 2016 6:51 AM EDTJefferies analyst John Janedis reiterated an Underperform rating on Netflix (NASDAQ: NFLX) following better-than-expected Q3 results and guidance while raising his price target to $80.00 (from $76.00).
commented, "Netflix reported better than expected subscriber growth (3.57M vs JEFe: 1.95M), with strength in both the US and... More
Netflix (NFLX) PT Raised to $115 at BMO Capital; Un-Grandfathering Concerns Prove Overdone
October 18, 2016 6:38 AM EDTBMO Capital analyst Daniel Salmon reiterated a Market Perform rating and bumped his price target on Netflix (NASDAQ: NFLX) to $115.00 (from $85.00) following strong Q3 and Q4 guidance, saying un-granfathering concerns proved overdone.
Salmon commented, "Netflix bounced back from last Q's disappointment as... More
Netflix (NFLX) Surges 19% on Strong Q3, Outlook
October 17, 2016 4:33 PM EDTNetflix (NASDAQ: NFLX) is surging 18.9% after-hours Monday following strong Q3 financial and subscriber results as well as solid Q4 guidance.
Netflix reported Q3 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $2.29 billion versus the consensus... More
Netflix (NFLX) Tops Q3 EPS by 6c, Subs Top Views
October 17, 2016 4:06 PM EDT(Updated - October 17, 2016 4:10 PM EDT)
Netflix (NASDAQ: NFLX) reported Q3 EPS of $0.12, $0.06 better than the analyst estimate of $0.06. Revenue for the quarter came in at $2.29 billion versus the consensus estimate of $2.28 billion.
Total Q3 net subscriber additions were 3.57 million.
Q3... More