Netflix Releases First-Quarter 2016 Financial Results

Nomura Securities Cuts Price Target on Netflix (NFLX) as 2Q Faces Difficult YoY Comparison

Nomura Securities maintained a Buy rating on Netflix (NASDAQ: NFLX), and cut the price target to $125.00 (from $130.00), following the company's 1Q earnings report. Netflixs 2Q15 launch in Australia-New Zealand (ANZ) was a significant driver of that quarters outsized international subscriber growth; as a result,... More

Pivotal Research Trims Price Target on Netflix (NFLX) to $145

Pivotal Research maintained a Buy rating on Netflix (NASDAQ: NFLX) but reduced its price target to $145.00 (from $155.00). The change follows Q1 results and weak 2Q international subscriber guidance.

Analyst Jeffrey Wlodarczak said, "The bottom line is that while 1Q subscribers were better than... More

Oppenheimer Cuts Price Target on Netflix (NFLX) to $123 Following 1Q and 2Q Guidance

Oppenheimer maintained an Outperform rating on Netflix (NASDAQ: NFLX), and cut the price target to $123.00 (from $140.00), folowing the company's 1Q earnings report. Management's 2Q guidance suggests potential for slower than expected international sub growth. Also, churn risk from US price hike has been shifted to... More

Piper Jaffray Remains Bullish on Netflix (NFLX) Following Solid 1Q

Piper Jaffray maintained an Overweight rating and $122.00 price target on Netflix (NASDAQ: NFLX) following the company's 1Q earnings report. NFLIX reported EPS and revenue of $0.06 on $1.96B vs. consensus at $0.04 on $1.97B. The company guided for Q2'16 domestic streaming sub adds of 500k (Street at 586K) and Q2 2016... More

3 Key Concerns From Netflix (NFLX) Quarter; PT Cut to $115 - Needham & Company

Needham & Company analyst, Laura Martin, kept her Buy rating on shares of Netflix (NASDAQ: NFLX) but cut her target price as US subscriber growth failed to impress. The subscriber slowdown highlights other issues such as negative cash flow and falling contribution margins at the streaming business.

NFLX reported generally positive 1Q16 results with revenue of... More

Netflix (NFLX) PT Cut to $109 at Mizuho Amid 'Beat and Lower' Qtr

Mizuho Securities analyst Neil Doshi reiterated a Neutral rating and lowered his price target on Netflix (NASDAQ: NFLX) to $109.00 (from $120.00) following a 'beat and lower' quarter.

Doshi commented, "While the company posted solid Domestic and International subscriber growth, and EPS of $0.06 vs.... More

Cowen Trims PT on Netflix (NFLX) to $135; Q1 Results Solid, But Int'l Guide Light

Cowen and Company affirms Netflix (Nasdaq: NFLX) at Outperform, but trims its price target from $155 down to $135 following Q1 results reported Monday night.

Analyst John Blackledge commented, Netflix reported solid 1Q16 results, as US subs beat handily, while Int'l was... More