MKM Partners Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

Oppenheimer Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

October 15, 2015 10:15 AM EDT

Oppenheimer reiterated an Outperform rating on Netflix (NASDAQ: NFLX), and raised the price target to $130.00 (from $125.00), following the company's 3Q15 earnings results.

Analyst Jason Helfstein commented, "While 3Q results were mixed, we are increasing our price target to $130 from $125 following 4Q US/Int'l... More

Netflix' (NFLX) Price Target Trimmed at FBN Securities

October 15, 2015 9:47 AM EDT

FBN Securities maintained an Outperform rating on Netflix (NASDAQ: NFLX) but lowered its price target to $125.00 (from $130.00). Analyst Shebly Seyrafi noted one problem with its Q3 results was an inability to collect due transition to chip-based credit and debit cards.

Seyrafi explained, "The key problem here was the involuntary churn (inability to collect) driven in part by the ongoing transition to chip-based credit and... More

Wedbush Remains Bearish on Netflix (NFLX) Following 3Q Earnings Results

October 15, 2015 9:42 AM EDT

Wedbush maintained an Underperform rating and $40.00 price target on Netflix (NASDAQ: NFLX) following the company's 3Q15 earnings results. Revenue was $1,738 million vs. consensus of $1,751 million.

Analyst Michael Pachter commented, "The chip-card excuse may be sincere, but we think pricing is to blame. Revenue was... More

Pre-Open Stock Movers 10/15: (FPRX) (BOFI) (DXCM) Higher; (IMPR) (MTW) (VRX) (STX) (GRMN) (HCA) (NFLX) Lower (more...)

October 15, 2015 9:31 AM EDT

Five Prime Therapeutics, Inc.(Nasdaq: FPRX) 70% HIGHER; Bristol-Myers Squibb Company (NYSE:... More

Netflix (NFLX) The Dog Ate My Credit Card, Analyst Summary

October 15, 2015 9:06 AM EDT

Netflix's (NASDAQ: NFLX) earnings interview caused quite a bit of volatility as analysts digest the meaning of weaker than expected domestic sub adds, stronger than expected international sub adds and implications of a price increase. Below are some key facts from the call and a summary of the analyst calls.

Key facts from the notes:

Domestic sub growth of 888,000 to 43.181 million was below guidance. International sub adds of 2.736 million to 25.987 million were 325,000 above.

3Q15 Total paid sub adds reached 3.6mm, which pushed the stock down until... More

Canaccord Genuity Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

October 15, 2015 8:44 AM EDT

Canaccord Genuity reiterated a Buy rating on Netflix (NASDAQ: NFLX), and raised the price target to $125.00 (from $120.00), following the company's 3Q15 earnings results. For the first time since the 3Q14 report, Netflix reported weaker-than-expected results versus guidance and consensus expectations. Canaccord does not believe that the results weaken their long-term thesis, and is prepared for continued volatility... More

Evercore ISI Mantains Sell on Netflix (NFLX) Following 3Q15 Earnings Results

October 15, 2015 8:39 AM EDT

Evercore ISI maintained a Sell rating and $69.00 price target on Netflix (NASDAQ: NFLX) following the company's 3Q15 earnings results. Netflix reported a weaker domestic net addition quarter of 0.88m, well below guidance/consensus of 1.2m. Management cited higher involuntary churn stemming from the industry switch... More

BMO Capital Reiterates Market Perform on Netflix (NFLX) Following 3Q15 Earnings results

October 15, 2015 8:30 AM EDT

BMO Capital reiterated a Market Perform rating and $115.00 price target on Netflix (NASDAQ: NFLX), following the company's 3Q15 earnings results. EPS of $0.07 was slightly below consensus of $0.08.

Analyst Daniel Salmon commented, "EPS of $0.07 was in line with our estimate for 3Q15 and slightly below... More

RBC Capital Remains Bullish on Netflix (NFLX) Following 3Q Results

October 15, 2015 8:18 AM EDT

RBC Capital reiterated an Outperform rating and $140.00 price target on Netflix (NASDAQ: NFLX), following the company's 3Q earnings results. NFLX reported $1.74B in Revenue, and was just below the Street at $1.75B, while GAAP EPS of $0.07 matched the Street at $0.07.

Analyst Mark Mahaney... More

Wall Street jumps to eight-week high on financials, healthcare

October 15, 2015 7:17 AM EDT

By Caroline Valetkevitch

(Reuters) - A tame inflation reading and strong earnings from Citigroup led investors to pile back into stocks on Thursday, pushing Wall Street to its best level in eight weeks.

Equities added to gains late in the session, and eight of the S&P 500 sectors registered increases of more than 1 percent. More than four stocks rose for every one that fell on both the New York Stock Exchange and the Nasdaq.

The S&P 500 health care index jumped 2.2 percent despite a disappointing forecast from HCA Holdings (NYSE: HCA),... More

Netflix (NFLX) PT Bumped to $109 at Piper Jaffray

October 15, 2015 6:52 AM EDT

Piper Jaffray analyst Michael Olson reiterated a Neutral rating on Netflix (NASDAQ: NFLX) but bumped his price target to $109.00 (from $96.00) following results after the close.

Olson commented, "Netflix reported mixed Q3 sub adds, with domestic below and international subs above consensus. The company... More

Netflix (NFLX) PT Trimmed to $124 at Credit Suisse Following Results

October 15, 2015 6:33 AM EDT

Credit Suisse analyst S. Ju reiterated a Neutral rating and lowered its price target on Netflix (NASDAQ: NFLX) to $124.00 (from $130.00) following third quarter earnings after the close.

Ju commented, "Netflix reported 3Q15 earnings results with revenue and EPS at $1.738b/$0.07 short of CS and... More

Cowen Tweaks Ests on Netflix (NFLX) Following Q3 Results; Maintains at 'Outperform'

October 15, 2015 6:19 AM EDT

Cowen and Company affirms Netflix (Nasdaq: NFLX) with an Outperform rating and $154 price target following Q3 results issued Wednesday night.

Analyst John Blackledge noted that Netflix allueded to new chip-based credit cards as a key reason for U.S. subscriber growth miss... More

Netflix (NFLX) Neutral Rating Reiterated at Mizuho Securities Following Q3 Results

October 15, 2015 6:18 AM EDT

Mizuho Securities analyst Neil Doshi reiterated a Neutral rating and $115 price target on Netflix (NASDAQ: NFLX) following earnings after the close.

Doshi commented, "We reiterate our Neutral rating and $115 PT on NFLX. Shares traded down in AH (-3%) with the modest... More

Netflix (NFLX) PT Lifted to $125 at Needham & Company Post Q3

October 15, 2015 6:11 AM EDT

Needham & Company analyst Laura Martin reiterated a Buy rating and raised her price target on Netflix (NASDAQ: NFLX) to $125.00 (from $111.00) following third quarter results after the close.

Martin commented, "NFLX reported 3Q15 results yesterday, with revenue of $1.7B, a zero variance from... More

After-Hours Movers 10/14: (DXCM) (MBI) (XNLX) Higher; (IMPR) (HCA) (NFLX) Lower (more...)

October 14, 2015 6:14 PM EDT

Imprivata (NYSE: IMPR) 25.6% LOWER; announced preliminary results for three months ended September 30, 2015. Sees revenues $28.9m-$29.2m and Non-GAAP Loss Per Share $(.23)-$(.22). (Street sees Q3 loss per share of 20 cents on revenue of $31.4 million)

DexCom, Inc. (Nasdaq: DXCM) 14% HIGHER; Reported preliminary unaudited revenues of approximately $105 million for the quarter ended September 30, 2015, an increase of $36 million, or 52%, year over year. Dexcoms third quarter 2015 revenues are preliminary and subject to adjustment as the Company evaluates the... More

Market Wrap: Wal-mart Outlook Pressures Stocks; Square Files for IPO; Netflix Slumps on Light Sub Additions

October 14, 2015 5:28 PM EDT

Market wrap for October 14th

End of the Day: S&P 500 down 9.5 to 1,994.24; Dow Jones down 157.1 to 16,924.75; Nasdaq down 13.8 to 4,782.85

Market Brief: Wal-mart dragged stocks down following its gloomy outlook issued for FY17. The company had the largest one-day percentage loss since early 1988.

Netflix missed Q3 EPS expectations and reported sluggish U.S. subscriber growth.

Twitter tapped a former Google executive as its Executive Chairman.

Payments processor Square disclosed plans to go public.

Crude oil fell 0.8 percent to $46.29 per barrel... More

Netflix (NFLX) Under Pressure as Domestic Numbers Miss But International Beats

October 14, 2015 4:21 PM EDT

Shares of Netflix (NASDAQ: NFLX) are seeing wild action after-hours Wednesday after posting third quarter results which missed Street estimates on the top and bottom-line. Notably, domestic subs missed the company's own guidance and Wall Street consensus but international beat on both. After... More

Netflix (NFLX) Posts Q3 EPS of 0.07; Net Streaming Subs Rose 3.62M

October 14, 2015 4:04 PM EDT

(Updated - October 14, 2015 4:07 PM EDT)

Netflix (NASDAQ: NFLX) reported Q3 EPS of $0.07, versus the analyst estimate of $0.08. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.75 billion.

Streaming subs rose 3.62 million, with paid memberships at 66.02 million.

Domestic subs rose 0.88 million and international rose 2.74 million.

Net streamig sub additions were 3.62 million.

Q3 Results and Q4 Forecast

*** Netflix sees Q4 EPS of $0.02, with the consensus at $0.04.

Global membership grew 3.62 million to 69.17 million members compared to prior year growth of 3.02 million, and a... More

Wall St. falls after Wal-Mart's weak forecast; Netflix down after the bell

October 14, 2015 7:13 AM EDT

By Caroline Valetkevitch

(Reuters) - U.S. stocks fell on Wednesday as Wal-Mart Stores Inc (NYSE: WMT) skidded after issuing a weak profit forecast and as JPMorgan Chase & Co (NYSE: JPM) slipped on disappointing results.

The news added to worries about the outlook for U.S. earnings, with Standard & Poor's 500 profits forecast to have dropped more than 4 percent in the third quarter from a year ago, according to Thomson Reuters data.

After the market close, shares of Netflix (NASDAQ:... More

Trading Radar for 10/14: BofA (BAC), Netflix (NFLX), Delta (DAL), Wells Fargo (WFC), BlackRock (BLK) Report

October 13, 2015 2:54 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

PPI - Street sees (0.3%)Core PPI - Street sees 0.1%Retail Sales - Street sees 0.2%

Earnings:

Bank... More

MKM Partners Reiterates Buy on Netflix (NFLX) Ahead of 3Q Results

October 13, 2015 1:15 PM EDT

MKM Partners reiterated a Buy rating and $130.00 price target on Netflix (NASDAQ: NFLX) ahead of the company's 3Q15 earnings report. Analyst Rob Sanderson expects U.S. paid subscriber additions in the 1.2k to 1.3k range, below 1.4k consensus. NFLX will institute a $1/mo price increase again this year, grandfathering... More

Nomura Securities Raises Price Target on Netflix (NFLX) Ahead of 3Q15 Earnings

October 13, 2015 9:26 AM EDT

Nomura Securities reiterated a Buy rating on Netflix (NASDAQ: NFLX), and raised the price target to $125.00 (from $120.00), ahead of the company's 3Q15 earnings results. Nomura is forecasting 1.17mn net domestic additions in the quarter, and believes 3Q15 benefited from the popularity of... More

Canaccord Genuity Reiterates Buy on Netflix (NFLX) Ahead of 3Q15 Results

October 13, 2015 8:47 AM EDT

Canaccord Genuity reiterated a Buy rating and $120.00 price target on Netflix (NASDAQ: NFLX) ahead of the company's 3Q15 earnings results. Netflix will report 3Q15 results after the market closes this Wednesday, October 14. Despite Netflixs recent history of mostly outperforming quarterly expectations, and subsequent positive stock price reactions, Canaccord's 3Q15 forecasts are only in line with... More