Netflix (NFLX) PT Raised to $115 at SunTrust Robinson Humphrey
- 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
Needham & Company Reiterates Hold on Netflix (NFLX) Following 3Q
October 18, 2016 7:48 AM EDTNeedham & Company maintained a Hold rating on Netflix (NASDAQ: NFLX) following the company's 3Q earnings report. NFLX is ramping up its owned content, both Series and Unscripted. In January of 2013, Ted Sarandos stated that: "The goal is to become HBO faster than HBO can become... More
Netflix (NFLX) PT Raised to $60 at Wedbush; FCF Burn Being Overlooked
October 18, 2016 7:47 AM EDTWedbush analyst Michael Pachter raised his price target on Underperform-rated Netflix (NASDAQ: NFLX) to $60.00 (from $50.00) following Q3 results. Pachter said FCF burn is being overlooked as investors focus on sub growth.
Pachter commented, "We continue to believe that Netflix is overvalued. Netflix continues... 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