Netflix (NFLX) PT Raised to $350 at Monness, Crespi, Hardt

Go back to Netflix (NFLX) PT Raised to $350 at Monness, Crespi, Hardt

Netflix (NFLX) PT Lowered to $415 at Cowen

October 17, 2019 8:06 AM EDT

Cowen analyst John Blackledge lowered the price target on Netflix (NASDAQ: NFLX) to $415.00 (from $435.00) while maintaining a Outperform rating.... More

U.S. stocks gain on upbeat earnings, geopolitical news

October 17, 2019 7:59 AM EDT

By Stephen Culp

NEW YORK (Reuters) - Wall Street advanced on Thursday as investor sentiment was buoyed by a string of corporate earnings beats and encouraging geopolitical developments.

A broad-based rally led all three major U.S. stock averages to moderate gains.

Britain and the European Union agreed to a severance deal, moving closer toward wrapping up three years of uncertainties after Britons voted to leave the bloc.

Upbeat statements from Beijing and Washington fueled hopes that a phased agreement could ease the long-running U.S.-China trade war that has rattled markets for months.

... More

Netflix (NFLX) PT Lowered to $400 at Guggenheim on Higher Competition Driven Expenses

October 17, 2019 7:51 AM EDT

Guggenheim analyst Michael Morris cut the price target on Netflix (NASDAQ: NFLX) to $400.00 (from $420.00) after price hikes and international traction drove Netflix financial results in 3Q while 4Q subscriber growth guidance lagged.

The analyst stated "As the company continues to ramp internationally, we... More

Netflix (NFLX) PT Lowered to $426 at BofA/Merrill Lynch

October 17, 2019 7:29 AM EDT

BofA/Merrill Lynch analyst Nat Schindler lowered the price target on Netflix (NASDAQ: NFLX) to $426.00 (from $450.00) while maintaining a Buy rating.

... More

Morgan Stanley Remains Positive on Netflix (NFLX), PT $400

October 17, 2019 7:04 AM EDT

Morgan Stanley analyst Benjamin Swinburne reiterated an Overweight rating and $400.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "Against a wall of worry, results were better than feared and broadly in-line. Highlights were modestly higher int'l paid net adds in 3Q, reiteration... More

Netflix (NFLX) PT Lowered to $415 at Loop Capital

October 17, 2019 6:44 AM EDT

Loop Capital analyst Alan Gould lowered the price target on Netflix (NASDAQ: NFLX) to $415.00 (from $425.00) while maintaining a Buy rating.

... More

Netflix (NFLX) 4Q Guidance Creates Upside Risk - Stifel

October 17, 2019 6:41 AM EDT

Stifel analyst, Scott Devitt, reiterated a Buy rating and $400.00 price target on Netflix (NASDAQ: NFLX) after results were better than feared with paid net sub adds ahead for international by ~1% in 3Q, with the U.S. light by ~300k.

The analyst stated... More

Netflix (NFLX) PT Lowered to $420 at RBC Capital

October 17, 2019 6:41 AM EDT

RBC Capital analyst Mark Mahaney lowered the price target on Netflix (NASDAQ: NFLX) to $420.00 (from $450.00) while maintaining an Outperform rating following results.

The analyst commented, "Q3 Global Subs came in a tad light, due to weakness in U.S. Sub... More

Netflix (NFLX) 3Q19 Looks Encouraging, Credit Suisse Reiterates Outperform

October 17, 2019 6:37 AM EDT

Credit Suisse analyst Doug Mitchelson reiterated an Outperform rating and $440.00 price target on Netflix (NASDAQ: NFLX) after global net adds of 6.8m were in line with guidance after an abysmal 2Q19 report where net adds dropped -50% Y/Y.

The analyst believes 4Q... More

Netflix (NFLX) PT Raised to $330 at Nomura as Weaker Guidance Derisks the Shares

October 17, 2019 6:28 AM EDT

Nomura/Instinet analyst Mark Kelley raised the price target on Netflix (NASDAQ: NFLX) to $330.00 (from $310.00) while maintaining a Neutral rating. Paid net adds in 3Q were mixed, with domestic slightly below consensus and international above.

The analyst stated "The beat... More

UPDATE: Netflix (NFLX) PT Lowered to $422 at Bernstein

October 17, 2019 6:27 AM EDT

(Updated - October 17, 2019 7:03 AM EDT)

(updated to add comment)

Bernstein analyst Todd Juenger lowered the price target on Netflix (NASDAQ: NFLX) to $422.00 (from $450.00) while maintaining a Outperform rating.

The analyst comments "In the US, we don't believe 500k adds... More

Netflix (NFLX) Revenue Growth Expands Goldman Reiterates $400 PT

October 17, 2019 6:23 AM EDT

Goldman Sachs analyst Heath Terry reiterated a Buy rating and $400.00 price target on Netflix (NASDAQ: NFLX) on accelerating revenue growth and expanding margins despite offering 4Q net adds guidance that was below consensus and churn in the US business more than offset strength in... More

Netflix (NFLX) Subscriber Growth Feels Worse Despite Positive Stock Reaction - Rosenblatt

October 17, 2019 6:17 AM EDT

Rosenblatt analyst Mark Zgutowicz reiterated a Neutral rating and $265.00 price target on Netflix (NASDAQ: NFLX) after shares traded up 10% after hours in a positive reaction that appears inconsistent with the fundamentals reported and guidance.

The analyst stated "Coming out of the quarter... More

Netflix (NFLX) PT Raised to $308 at Wells Fargo

October 17, 2019 6:17 AM EDT

Wells Fargo raised its price target on Netflix (NASDAQ: NFLX) to $308.00 (from $288.00) while maintaining a Market Perform rating.... More

Macquarie Downgrades Netflix (NFLX) to Neutral

October 17, 2019 5:08 AM EDT

Macquarie analyst Tim Nollen downgraded Netflix (NASDAQ: NFLX) from Outperform to Neutral with a price target of $325.00 (from $375.00).

The analyst comments "In some ways Netflix has defied the naysayers in Q3, coming close enough to guidance and delivering impressive revenue and earnings... More

Options expected to have increasing volume: NFLX IBM PM HON

October 17, 2019 4:14 AM EDT

Options expected to have increasing volume: NFLX IBM PM HON

... More

After-Hours Movers 10/16: (LLNW) (NFLX) (CSX) Higher; (IBM) (URI) Lower (more...)

October 16, 2019 6:30 PM EDT

Today's After-Hours Movers

Limelight Networks (NASDAQ: LLNW) 14.7% HIGHER; reported Q3 EPS of $0.01, in-line with the analyst estimate of $0.01. Revenue for the quarter came in at $51.32 million versus the consensus estimate of $49.89 million. Limelight Networks sees FY2019 EPS of $0.00, versus the consensus of ($0.02). Limelight Networks sees FY2019 revenue of $200-210 million, versus the consensus of $197.86 million.

Netflix (NASDAQ:... More

Netflix shares jump as subscribers grow ahead of Disney, Apple attack

October 16, 2019 4:07 PM EDT

By Lisa Richwine and Neha Malara

(Reuters) - Netflix Inc (NASDAQ: NFLX) added slightly more paying subscribers than Wall Street expected in the third quarter, a relief to investors who had worried the company might fall short just as Disney and Apple prepare to ramp up the streaming video wars.

The results for July through September represented a rebound from the previous quarter when Netflix lost U.S. streaming customers for the first time in eight years and missed targets for overseas subscribers. Shares of Netflix rose 9.2% in after-hours trading on Wednesday to $312.69.

... More

Netflix (NFLX) Tops Q3 EPS by 43c, Subs and Q4 EPS Guidance Miss

October 16, 2019 4:02 PM EDT

Netflix (NASDAQ: NFLX) reported Q3 EPS of $1.47, $0.43 better than the analyst estimate of $1.04. Revenue for the quarter came in at $5.24 billion versus the consensus estimate of $5.25 billion.

GUIDANCE:

Netflix sees Q4 2019 EPS of $0.51, versus the consensus of $0.81. Netflix sees Q4 2019... More

'Panama Papers' law firm sues Netflix over film based on scandal

October 16, 2019 3:40 PM EDT

By Elida Moreno

PANAMA CITY (Reuters) - Mossack Fonseca, a Panamanian law firm at the center of the "Panama Papers" scandal, has filed a lawsuit against Netflix Inc (NASDAQ: NFLX) over its new movie based on the case, accusing the video streaming company of defamation and seeking to stop the film's release.

The Panama Papers, which consist of millions of documents stolen from Mossack Fonseca and leaked to the media in 2016, provoked a global scandal after showing how rich and powerful clients including Russian... More

Netflix (NFLX) Erases Decline, Up 1% Into Tonight's Print

October 16, 2019 2:48 PM EDT

Netflix (NASDAQ: NFLX) Erases Decline, Up 1% Into Tonight's Print

... More

Netflix (NFLX) October option implied volatility bid into EPS and Apple TV Plus

October 16, 2019 9:33 AM EDT

Netflix (NASDAQ: NFLX) October call option implied volatility is at 148, November is at 51; compared to its 52-week range of 29 to 76 into the expected release of financial results today after the bell.

... More

Wall Street slips as weak economic data offsets earnings strength

October 16, 2019 8:08 AM EDT

By Stephen Culp

NEW YORK (Reuters) - Wall Street lost ground on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter earnings reports.

Technology shares, led by Microsoft Inc (NASDAQ: MSFT), weighed heaviest, pulling all three major U.S. stock averages into the red.

U.S. retail sales contracted in September for the first time in seven months, according to the Commerce Department, in a sign that cracks might be spreading from the troubled manufacturing... More

SunTrust Reiterates Buy Rating on Netflix (NFLX)

October 16, 2019 7:26 AM EDT

SunTrust analyst Matthew Thornton reiterated a Buy rating and $402.00 price target on Netflix (NASDAQ: NFLX). Thornton thinks investor expectation is for a 3Q Intl sub adds miss (vs consensus 6.0m) with Domestic in-line (vs 0.8m).

SunTrust estimates that the price increase will have an 8%... More

Options expected to have increasing volume: TECD APO UAL EMR BAC PBR IBM NFLX

October 16, 2019 5:38 AM EDT

Options expected to have increasing volume: TECD APO UAL EMR BAC PBR IBM NFLX

... More

Netflix (NFLX) short duration IV expensive into EPS

October 16, 2019 4:18 AM EDT

Netflix (NASDAQ: NFLX) October call option implied volatility is at 138, November is at 51; compared to its 52-week range of 29 to 76 into the expected release of financial results after the bell on October 16. Call put ratio 1.2 calls to 1 put.

... More

Netflix (NFLX) overall option implied volatility bid into EPS and outlook

October 16, 2019 4:01 AM EDT

Netflix (NASDAQ: NFLX) 30 day option implied volatility is at 53; compared to its 52-week range 29 to 76.

... More

Netflix (NFLX) October option implied volatility increases into EPS and outlook

October 15, 2019 3:37 PM EDT

Netflix (NASDAQ: NFLX) October call option implied volatility is at 137, November is at 51; compared to its 52-week range of 29 to 76 into the expected release of financial results after the bell on October 16. Call put ratio 1.1 calls to 1 put.

... More

Mexico's Senate aims to pass bills cutting bank fees by end-October: MORENA

October 15, 2019 1:55 PM EDT

By Diego Oré

MEXICO CITY (Reuters) - Mexico's Senate aims to pass a first raft of bills to regulate fees for financial services by the end of October, said Ricardo Monreal, Senate leader of the ruling National Regeneration Movement (MORENA) party.

Last November, shortly before President Andres Manuel Lopez Obrador took office, MORENA lawmakers presented a bill to limit bank fees, sparking an investor backlash that pummeled the peso , Mexico's S&P/BMV IPC stock index and banking shares.

The bill, which is sponsored by Monreal, has since then been wrapped up in negotiations with... More

Netflix (NFLX) October IV increseas into EPS and outlook

October 15, 2019 10:02 AM EDT

Netflix (NASDAQ: NFLX) October call option implied volatility is at 126, November is at 51; compared to its 52-week range of 29 to 76 into the expected release of financial results after the bell on October 16. Call put ratio 1.1 calls to 1 put.

... More

Active options October 15: GS CGC MSFT AMZN NFLX JNJ T MU BYND

October 15, 2019 9:50 AM EDT

Active options October 15: GS CGC MSFT AMZN NFLX JNJ T MU BYND

... More