Oppenheimer Cuts Price Target on Netflix (NFLX) to $114; Reiterates Outperform

Canaccord Genuity Cuts Price Target on Netflix (NFLX) to $115 Following 2Q Report

Canaccord Genuity maintained a Buy rating on Netflix (NASDAQ: NFLX), and cut the price target to $115.00 (from $120.00), following the company's 2Q earnings report. Total domestic net adds came in at 160k, substantially below the 500k guidance. International net adds missed as well,... More

Needham & Company Reiterates Hold on Netflix (NFLX) Following Sub Miss

Needham & Company reiterated a Hold rating on Netflix (NASDAQ: NFLX) following the company's 2Q report. NFLX reported a Sub miss with 46.0mm paid streaming subscribers in the U.S, and 33.9mm international subs, below guidance of 46.4mm in the U.S. and 34.3mm abroad.... More

UBS Downgrades Netflix (NFLX) to Neutral

UBS downgraded Netflix (NASDAQ: NFLX) from Buy to Neutral.

For an analyst ratings summary and ratings history on Netflix click here. For more ratings news on Netflix click here.

Shares of Netflix closed at $98.81 yesterday.

Pre-Open Stock Movers 07/19: (HDSN) (CERU) (VMW) Higher; (SMCI) (NFLX) (GES) Lower (more...)

Today's Pre-Open Stock Movers

Hudson Technologies, Inc. (NASDAQ: HDSN) 36.9% HIGHER; announced that it has been awarded, as prime contractor, a five-year contract including a five-year renewal option, by the United States Defense Logistics Agency (DLA) with an estimated maximum value over the term of the agreement of $400 million in sales to the Department of Defense. The fixed price contract is for the management and supply of refrigerants, compressed gases, cylinders and related items to US Military Commands and Installations,... More

Netflix subscriber miss stirs doubts about growth plan

By Lisa Richwine

LOS ANGELES (Reuters) - Netflix Inc's (NASDAQ: NFLX) disappointing second-quarter subscriber growth and forecast raised questions about whether the streaming video pioneer can pick up the pace of its global expansion, Wall Street analysts said.

At least 20 brokerages cut their Netflix stock price targets by as much as $30 on Tuesday, a day after the company reported it failed to sign up as many new customers as it expected from April to June. Its shares were down 13.7 percent at $85.28 on Nasdaq.

The company, known for... More

Bob Peck of Suntrust Sees Olympic Challenges for Netflix (NFLX)

SunTrust Robinson Humphrey analyst, Robert Peck, maintained his Neutral rating on shares of Netflix (NASDAQ: NFLX) after sub adds (reported and guided, Intl and Domestic) were well below sell-side consensus and visibility is likely to remain challenged near term given ongoing... More

Netflix (NFLX) Estimates Cut at Credit Suisse Post Q2; PT to $122

Credit Suisse analyst S. Ju reiterated an Neutral rating but bumped its price target on Netflix (NASDAQ: NFLX) to $122.00 (from $119.00) following disappointing Q2 results.

Ju commented, "ting un-grandfathering in the US, as well as larger International markets, and the upcoming Olympics, Netflix provided... More

Why Michael Pachter From Wedbush is the Only Analyst Raising the PT on Netflix (NFLX) Today

Wedbush analyst, Michael Pachter, may be the only analyst raising his price target on Netflix today. The analyst has been critical of the company and as a result, after reiterating his Underperform rating on Netflix (NASDAQ: NFLX), he raised his price target to $50 from $45.
... More

Netflix (NFLX) PT Cut to $130 at RBC Capital Following 'Clearly Disappointing' Q2

RBC Capital analyst Mark Mahaney maintained an Outperform rating but lowered his price target on Netflix (NASDAQ: NFLX) to $130.00 (from $140.00) following "clearly disappointing" Q2 results. Subs missed across the board, with price-increase pushback a key factor, the analyst noted.

Mahaney commented, "Netflix is citing significant publicity around its... More

Netflix (NFLX) PT Lowered to $76 at Jefferies; Un-Grandfathering Boosts Churn

Jefferies analyst John Janedis reiterated an Underperform rating and cut his price target on Netflix (NASDAQ: NFLX) to $76.00 (from $80.00) as price increase drive churn.

Janedis commented, "Management highlighted that the onset of the 'un-grandfathering' process in April contributed to lighter-than-expected... More

Piper Jaffray Maintains Bullish View on Netflix (NFLX) Despite U.S. & Intl Subs Miss

Piper Jaffray analyst Michael Olson reiterated an Overweight rating and $122 price target on Netflix (NASDAQ: NFLX) following Q2 results which included a miss on U.S. and Intl subs.

Olson commented, "Netflix reported 1.7M Q2 sub adds, with both domestic and international... More

Netflix (NFLX): Price Sensitivity is Causing the Churn, Cutting PT - Mizuho

Mizuho Securities analyst, Neil Doshi, maintained his Neutral rating on shares of Netflix (NASDAQ: NFLX) after a "Miss & Lower" quarter. Netflix reported and guided to lower than expected subscriber net adds in both its domestic and international markets. The company appears... More

Netflix (NFLX) PT Cut to $110 at Nomura

Nomura Securities analyst Anthony DiClemente cut his price target on Netflix (NASDAQ: NFLX) to $110.00 (from $115.00) following results but maintained a Buy rating following disappointing results.

DiClemente commented, "Most Netflix investors pay a premium multiple for its outsized growth. While most tech... More

Cowen Trims PT on Netflix (NFLX) to $110 Following Q2 Results, Outlook; Affirms at 'Outperform'

Cowen and Company trims its price target on Outperform-rated Netflix (NASDAQ: NFLX) from $130 down to $110 following Q2 results on Monday night.

Analyst John Blackledge commented today, NFLX's 2Q16 US and Int'l sub adds were below guide and our/consensus estimates due to higher churn from pricing increases, while gross sub add growth was in line with mgmt.... More

Netflix (NFLX): One Step Netflix Could Take to Reaccelerate Growth - BMO

BMO Capital Markets analyst, Daniel Salmon, remains cautious as subscribers come in light and reiterates his Perform rating on shares of Netflix (NASDAQ: NFLX).

Both 2Q actual and 3Q subscriber guidance missed in both the domestic and international streaming segments. 2Q domestic streaming total net adds were 0.162mm, below guidance of 0.5mm, our estimate of 0.494mm, and consensus of 0.532mm.... More

Option volume flows

Stocks and options expected to be active: NFLX IBM YHOO NVS VMW JNJ

Notable call activity cited July 18; HIG PBI TSEM HAS MAC NE PGNX GME GFI CYH TWX CORN IMMR CI

Notable put activity cited July 18; TUR STJ PBI MT HAS K GPC CI LPX XON GWW FCAU TUP MAT CY

After-Hours Stock Movers 07/18: (HDSN) (VMW) (EMC) Higher; (SMCI) (NFLX) (SAVE) Lower (more...)

Today's After-Hours Movers

Hudson Technologies, Inc. (NASDAQ: HDSN) 36.9% HIGHER; announced that it has been awarded, as prime contractor, a five-year contract including a five-year renewal option, by the United States Defense Logistics Agency (DLA) with an estimated maximum value over the term of the agreement of $400 million in sales to the Department of Defense. The fixed price contract is for the management and supply of refrigerants, compressed gases, cylinders... More

Netflix customer growth slows amid price hike, shares plunge

By Rishika Sadam and Lisa Richwine

(Reuters) - Netflix Inc (NASDAQ: NFLX) said it added fewer video streaming subscribers than expected from April through June as some customers canceled the service ahead of a price increase, and the company's shares fell 16 percent.

The dominant subscription video service on Monday also forecast slower-than-expected growth in U.S. and international markets in the current quarter.

"We are growing, but not as fast as we would like or have been," the company said in its quarterly letter to shareholders.

Netflix, which... More

Options Update; July 18, 2016

CBOE Volatility Index (VIX) down 20c to 13

iPath S&P 500 VIX Short-Term Futures (VXX) down 20c to 11.48

Option volume leaders: BAC AAPL NFLX FB IBM MSFT VRX TWTR F YHOO WFC BABA QCOM INTC GE FCX

Netflix (NFLX) Tops Q2 EPS by 7c; Int'l Streaming Adds Miss

Netflix (NASDAQ: NFLX) reported Q2 EPS of $0.09, $0.07 better than the analyst estimate of $0.02. Revenue was $2.11 billion, versus consensus expectations of $2.11 billion.

International streaming adds at 1.52 million, with estimates at 2.15 million. Domestic net adds were 0.16 million.

Sees Q3 international streaming adds at 2 million with estimates at 2.54 million.

Sees Q3 domestic... More

Netflix (NFLX) July weekly 99 straddle priced for 9.7% movement into Q2 and outlook

... More

Streetinsider.com's Hot Lunchtime Reads 7/18: (FCAU) (OMEX) (NVDA) (NFLX)

The following is a list of notable articles to help get you through the lunch hour:Fiat Chrysler (FCAU) Said to Face U.S. Justice Department Inquiry Over Fraud Allegations ->... More

Netflix (NFLX) July weekly volatility increases into Q2 and outlook

Netflix (NASDAQ: NFLX) July weekly call option implied volatility is at 115, August is at 49; compared to its 52-week range of 31 to 89 into the expected release of Q2 results today after the market close.

Stocks with call strike movement; SLV NFLX

Ishares Silver Trust (NYSE: SLV) October 22.50 call option implied volatility decreased 1% to 33, Netflix (NASDAQ: NFLX) December 20 call option implied volatility increased 1.2% to 40 according to IVolatility.

Netflix (NFLX) to Broadcast New 'Star Trek' TV Series in 188 Countries; Excludes U.S., Canada

Netflix and CBS Studios International announced a landmark international licensing agreement for the new "Star Trek" television series. Netflix will be the exclusive premiere home of "Star Trek" in 188 countries (excluding the US and Canada). Each episode of the new series will be available globally within 24 hours of its U.S. premiere.

Additionally, all 727 existing episodes of the iconic "Star Trek" television library including "Star Trek: The Original Series," "Star Trek: The Next Generation," "Star Trek: Deep Space Nine," "Star Trek: Voyager" and "Star Trek: Enterprise" will be available on Netflix around the world by the end of... More

Wall St. sets records again, led by tech, bank stocks

By Lewis Krauskopf and Rodrigo Campos

(Reuters) - Wall Street closed slightly higher on Monday to mint new record highs for the S&P 500 and the Dow industrials, fueled by Bank of America's better-than-expected profit and a major tech sector acquisition.

SoftBank's $32-billion deal to buy British chip designer ARM Holdings (NASDAQ: ARMH) lifted U.S. chip stocks, and the technology sector led the way higher on the S&P 500. The tech-heavy Nasdaq rose more than the S&P and the Dow.

Bank of America's (NYSE:... More

Netflix (NFLX) July weekly volatility elevated at 98 into Q2 and outlook

Netflix (NASDAQ: NFLX) July weekly call option implied volatility is at 98, August is at 47; compared to its 52-week range of 31 to 89 into the expected release of Q2 on July 18.

Trading Radar for 7/18: BofA (BAC), Netflix (NFLX), Rambus (RMBS), EMC Corp. (EMC), Hasbro (HAS) Report

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

Before Markets Open:
Earnings:

Art's Way Manufacturing (Nasdaq: ARTW) - no Street consensus
Bank of America (NYSE: BAC) - consensus EPS... More

Rovi Corp. (ROVI) Could Be Approaching an Inflection Point for Multiples - B. Riley

B. Riley analyst, Eric Wold, thinks this could be a pivotal quarter for Rovi Corp. (NASDAQ: ROVI) as the recent Verizon (VZ; N/R) license renewal not only de-risked 2016 guidance, but also provided a bias for upside to Q2 results vs. consensus. More... More

FBR & Co. Boosts Post-Q2 Ests on Netflix (NFLX) into Report; Remains Cautious on Search Volumes

FBR & Co. affirms Netflix at Market Perform with a price target of $104, offering commentary on the streaming-video behemoth ahead of its Q2 report on July 18th.

Analyst Barton Crockett commented, Ahead of Netflix's 2Q16 earnings report, post-close Monday, July 18, we update our post-2Q16 estimates to assume Netflix can perform in line with the... More