Goldman Sachs analyst Heath Terry raised the price target on Netflix (NASDAQ: NFLX) to $460.00 (from $450.00) while maintaining a Buy rating following the company's 1Q earnings report. Results exceeded FactSet consensus expectations, as ongoing content investments, payoff from free-trials at the end of 4Q, and marketing spend drove 9.60mn paid net adds globally vs. 8.84mn in 4Q18.

Netflix reported 1Q revenue of $4.52bn vs. FactSet consensus of $4.50bn. Total paid net adds reached 9.60mn, ahead of consensus of 8.9mn. Guidance for 2Q paid net adds of 5.00mn was just below consensus of 5.45mn.

Analyst Comments Analyst EPS Change Analyst PT Change

Netflix (NFLX) Set to Open Green After Results and Choppy Overnight Action, Up 1%April 17, 2019 7:35 AM Barclays Reiterates Overweight Rating on Netflix (NFLX)April 17, 2019 7:19 AM RBC Capital Reiterates Outperform Rating on Netflix (NFLX)April 17, 2019 7:07 AM Netflix (NFLX) PT Raised to $183 at WedbushApril 17, 2019 6:31 AM Pivotal Research Reiterates Buy Rating on Netflix (NFLX)April 17, 2019 6:23 AM Deutsche Bank Upgrades Netflix (NFLX) to Buy; 2019-2020 Sub Guidance ConservativeApril 17, 2019 6:19 AM Options expected to have increasing volume: NFLX MS LVS PEP TXTApril 17, 2019 4:40 AM Netflix (NFLX) said European growth is acceleratingApril 16, 2019 6:05 PM After-Hours Movers 04/16: (SQBG) (SFS) (JMIA) Higher; (S) (NTRA) (TMUS) (more...)April 16, 2019 6:01 PM Netflix (NFLX) Tops Q1 EPS by 19c; Subs Beat; Q2 Subs Miss ViewsApril 16, 2019 4:02 PM Active options: BAC NFLX QCOM COTY TSLA PG FB April 16, 2019 4:01 PM Netflix Releases First-Quarter 2019 Financial ResultsApril 16, 2019 4:00 PM Netflix (NFLX) April 350 straddle priced for move of 7.5% into EPS April 16, 2019 2:57 PM Netflix (NFLX) IV bid up into EPS and international growth guidanceApril 16, 2019 2:54 PM Netflix surges ahead of quarterly results report; Disney in focusApril 16, 2019 12:45 PM Netflix (NFLX) option implied volatility increases into EPS and outlookApril 16, 2019 10:23 AM Netflix (NFLX) call put ratio 1.4 calls to 1 put into EPSApril 16, 2019 10:06 AM Active options: NFLX AAPL ROKU AMD BABA FB JNJ DIS UNH April 16, 2019 9:44 AM Netflix (NFLX) PT Raised to $470 at BMO Capital Ahead of Q1 ResultsApril 16, 2019 7:21 AM Deutsche Bank Upgrades Netflix (NFLX) to BuyApril 16, 2019 6:53 AM Netflix (NFLX) option implied volatility increases to 104 into EPSApril 16, 2019 5:17 AM Options expected to have increasing volume: NFLX MS LVS PEP TXTApril 16, 2019 4:39 AM Active options: NFLX FB NVDA AMZN PBR LYFT JD WFC MU CZR GS CApril 15, 2019 3:11 PM Netflix (NFLX) 30 days IV call 45.5 +1.1%, puts 45.1 +0.7%, +10 strikes +500 contracts into EPSApril 15, 2019 12:32 PM Netflix (NFLX) Falls to Low, Down 2.4%April 15, 2019 10:39 AM Netflix (NFLX) call put ratio 1.2 calls to 1 put into EPS and outlookApril 15, 2019 10:19 AM Netflix (NFLX) option implied volatility above 100 into EPS and outlookApril 15, 2019 10:10 AM Netflix (NFLX) option implied volatility at upper end of range into EPS and outlookApril 15, 2019 4:47 AM Options expected to have increasing volume: NFLX NKE UNH DISApril 15, 2019 4:23 AM