Netflix (NFLX) International Growth the 'Big' Story for the Quarter, RBC Capital Says

Wall Street Sings Netflix (NFLX) Praises Following Strong Fourth-Quarter Earnings

January 21, 2015 11:54 AM EST

Shares of Netflix (NASDAQ: NFLX) are soaring higher Wednesday following better than expected fourth quarter earnings results after the close which showed strong international subscriber growth.

The online video steaming leader reported earnings per share of $0.72, or $0.27 better than the consensus of $0.45. Revenue of $1.48 billion for the quarter was in-line with expectations. The company ended the quarter with 39.11 total U.S. streaming members and 18.28 million total International streaming members, up from 37.22 million and 15.84 million, respectively at the end of the third quarter. It was the strongest... More

BofA/Merrill Lynch Sticks With Lowest Rating on Netflix (NFLX) Post Q4; PT Lifted to $300

January 21, 2015 8:10 AM EST

BofA/Merrill Lynch analyst Nat Schindler raised his price target on Netflix (NASDAQ: NFLX) to $300.00 (from $294.00) following Q4 results but maintained an Underperform rating.

The analyst called the quarter "mixed" with weak U.S. subscriber guidance but strong International. The firm... More

Nomura Securities Upgrades Netflix (NFLX) to Buy Post Q4; 5 Reasons Cited

January 21, 2015 6:50 AM EST

Nomura Securities upgraded Netflix (NASDAQ: NFLX) from Neutral to Buy with a price target of $500.00 (from $390.00) following fourth quarter results, calling them an inflection point in subscriber trends is likely to drive follow-through for shares in 2015

Analyst Anthony DiClemente cited 5 reasons for the upgrade:

Subscriber expectations slightly more reasonable for US, Intl accelerating: While we previously held reservations about 1Q domestic subscriber guidance, NFLX now restruck 1Q US subscriber expectations modestly lower, this while reporting material upside to 4Q/1Q international subscribers. As... More

Cowen Boosts PT on Netflix (NFLX) to $465; Net Sub Adds Outpace, L-T Guidance Firm

January 21, 2015 6:45 AM EST

Cowen and Company boosts its price target on Netflix (Nasdaq: NFLX) from $382 up to $465 following Q4 results and outlook issued Tuesday night. The firm maintains an Outperform rating on Netflix.

Analyst John Blackledge noted that Netflix topped estimates on both domestic and international net subscriber additions, while also issuing strong Q1 guidance when it comes to international subscriber growth.

On Q1 guidance, Blackledge commented, NFLX 1Q15 US sub guide was a bit lighter than expected, offset... More

Netflix (NFLX) PT Raised to $450 at Evercore ISI on Strong Q4

January 21, 2015 6:27 AM EST

Evercore ISI analyst Ken Sena raised his price target on Netflix (NASDAQ: NFLX) to $450.00 (from $430.00) following strong forth quarter numbers after the close with brightened international prospects. However, the firm stopped short of upgrading the stock and maintained a Hold rating.

Sena commented,... More

Netflix (NFLX) Tops Q4 EPS Views; Issues Light Q1 EPS Outlook

January 20, 2015 4:03 PM EST

(Updated - January 20, 2015 4:04 PM EST)

Netflix (NASDAQ: NFLX) reported Q4 EPS of $0.72, $0.27 better than the analyst estimate of $0.45. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.48 billion.

Domestic steaming subscribers rose 1.9 million, while international streaming added 2.43 million.

Netflix commented:

"Our US forecast for Q4 members proved very accurate (39.11A versus 39.07F). Internationally, our forecast was low, and actuals came in slightly ahead (18.28A versus 17.99F). To remind everyone, the quarterly forecast we provide is our actual internal forecast at the time we... More