UPDATE: Netflix (NFLX) PT Lowered to $525 at Macquarie, ' 2H'21 & beyond looks promising with margin expansion and FCF improvement'

Go back to UPDATE: Netflix (NFLX) PT Lowered to $525 at Macquarie, ' 2H'21 & beyond looks promising with margin expansion and FCF improvement'

Netflix (NFLX) PT Lowered to $570 at Citi

April 21, 2021 12:43 PM EDT

Citi analyst Jason Bazinet lowered the price target on Netflix (NASDAQ: NFLX) to $570.00 (from $580.00) while maintaining a Neutral rating.

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Netflix (NFLX) PT Lowered to $650 at Cowen

April 21, 2021 7:07 AM EDT

Cowen analyst John Blackledge lowered the price target on Netflix (NASDAQ: NFLX) to $650.00 (from $675.00) while maintaining an Outperform rating.

The analyst commented, "Paid net adds of 3.98MM came in below guide of 6.0MM, largely on COVID pull forward (FY20 net... More

Wells Fargo Reiterates Overweight Rating on Netflix (NFLX), 'Don't be Scared'

April 21, 2021 5:44 AM EDT

Wells Fargo analyst Steven Cahall reiterated an Overweight rating and $700.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "While old habits die hard, at 208mm subs we'd say a few million +/- is/should no longer be the driver of... More

Needham & Company Reiterates Underperform Rating on Netflix (NFLX), 'Multiple Compression Ahead'

April 21, 2021 5:38 AM EDT

Needham & Company analyst Laura Martin reiterated an Underperform rating and {REMOVEPT} price target on Netflix (NASDAQ: NFLX)

The analyst comments "NFLX reported 1Q21 revenue of $7.163B (up 24% y/y) and GAAP EPS of $3.75 (up 139% y/y). 1Q21 paid sub adds were light at... More

Netflix (NFLX) PT Lowered to $625 at Barclays, 'Bad quarter but de-risks rest of '21

April 21, 2021 4:47 AM EDT

Barclays analyst Kannan Venkateshwar lowered the price target on Netflix (NASDAQ: NFLX) to $625.00 (from $650.00) while maintaining a Overweight rating.

The analyst comments "We are now modeling 22.5mm net additions in '21, which when averaged across '20 and '21 implies 29.5mm net adds per year, a slightly higher pace than the ~28mm the company added in '18... More

KeyBanc Reiterates Overweight Rating on Netflix (NFLX), 'Reopenings May Benefit Content and Subs'

April 21, 2021 4:41 AM EDT

KeyBanc analyst Justin Patterson reiterated an Overweight rating and $650.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "We maintain our Overweight rating and $650 price target. Due to COVID-19 delaying content, Netflix counterintuitively screens as a reopening stock as the... More

Netflix (NFLX) PT Lowered to $600 at JPMorgan

April 21, 2021 4:39 AM EDT

JPMorgan analyst Doug Anmuth lowered the price target on Netflix (NASDAQ: NFLX) to $600.00 (from $685.00) while maintaining a Overweight rating.

The analyst comments "We believe NFLX is a key beneficiary and driver of the ongoing disruption of linear TV, with the companys content... More

William Blair Reiterates Outperform Rating on Netflix (NFLX)

April 21, 2021 4:30 AM EDT

William Blair analyst Ralph Schackart reiterated an Outperform rating and {REMOVEPT} price target on Netflix (NASDAQ: NFLX)

The analyst comments "At roughly $500 in after-hours trading, Netflix shares are down 9% in the aftermarket. While the company achieved record operating income and operating... More

BMO Capital Starts Netflix (NFLX) at Outperform

April 21, 2021 4:29 AM EDT

BMO Capital analyst Daniel Salmon initiates coverage on Netflix (NASDAQ: NFLX) with a Outperform rating and a price target of $700.00.

The analyst comments "NFLX fell short of 1Q subscriber guidance and 2Q net adds consensus as the tough comps proved too much.... More

Citi Reiterates Neutral Rating on Netflix (NFLX)

April 21, 2021 4:28 AM EDT

Citi analyst Jason Bazinet reiterated a Neutral rating and $580.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "Netflix delivered 1Q21 paid net adds below the Street and provided a 2Q21 net add guide of 1.0 million, which was well below expectations (We... More

Credit Suisse Questions if Netflix (NFLX) H2 2021 is a 'Clearing Event or Cautionary Sign'

April 21, 2021 4:28 AM EDT

Credit Suisse analyst Douglas Mitchelson reiterated a Neutral rating and $586.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "With shares indicated down 9% to the low end of its trading range, our downgrade thesis from last summer has come to fruition (COVID pull-forward; price increase... More

Raymond James Remains Sidelined on Netflix (NFLX) Noting Continued Pandemic Impact and Light Content Slate

April 21, 2021 4:26 AM EDT

Raymond James analyst Andrew Marok reiterated a Market Perform rating and {REMOVEPT} price target on Netflix (NASDAQ: NFLX).

The analyst comments "Netflix reported 1Q21 subscriber additions below consensus, while 2Q21 net add guidance was significantly below expectations. The net adds miss was... More

Netflix (NFLX) PT Lowered to $600 at UBS, 'Looking For Content Slate to Press Play on Sub Growth'

April 21, 2021 4:22 AM EDT

UBS analyst Eric Sheridan lowered the price target on Netflix (NASDAQ: NFLX) to $600.00 (from $650.00) while maintaining a Buy rating.

The analyst comments "While recent quarters & forward commentary continue to remain volatile due to the COVID impact on subs growth (pull forward/ delayed... More

Netflix (NFLX) PT Lowered to $600 at Piper Sandler, 'First Half Subs Flop, But 2H21 Content to Drive Improvement'

April 21, 2021 4:21 AM EDT

Piper Sandler analyst Thomas Champion lowered the price target on Netflix (NASDAQ: NFLX) to $600.00 (from $605.00) while maintaining a Overweight rating.

The analyst comments "NFLX reported a weaker 1Q21 print, with shares down 9% after hours. ARPU growth helped drive a 1% revenue beat, while... More

Oppenheimer Assumes Netflix (NFLX) at Outperform, 'Production Delays Transitory; Massive 2H Content Rollout Creates Favorable Backdrop'

April 21, 2021 4:18 AM EDT

Oppenheimer analyst Jed Kelly assumes primary coverage on Netflix (NASDAQ: NFLX) with a Outperform rating and a price target of $620.00.

The analyst comments "We are assuming coverage of NFLX, maintaining an Outperform rating and a $620 price target. We view the softer 2Q... More

Stocks expected to have increasing option volume: NFLX CMG ISRG LMT KEY LMT

April 21, 2021 3:21 AM EDT

Stocks expected to have increasing option volume: NFLX CMG ISRG LMT KEY LMT

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Netflix (NFLX) weekly IV elevated into shares trading lower in premarket

April 21, 2021 3:13 AM EDT

Netflix (NASDAQ: NFLX) April weekly call option implied volatility is at 89, May is at 38; compared to its 52-week range of 33 to 76 into releasing less than expected subscriber growth.

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Netflix (NFLX) PT Lowered to $720 at Pivotal Research

April 21, 2021 1:54 AM EDT

Pivotal Research analyst Jeffrey Wlodarczak lowered the price target on Netflix (NASDAQ: NFLX) to $720.00 (from $750.00) while maintaining a Buy rating.... More

UPDATE: Netflix (NFLX) PT Lowered to $650 at Morgan Stanley

April 21, 2021 1:53 AM EDT

(Updated - April 21, 2021 4:24 AM EDT)

Morgan Stanley analyst Benjamin Swinburne lowered the price target on Netflix (NASDAQ: NFLX) to $650.00 (from $700.00) while maintaining a Overweight rating.

The analyst comments ": Bracing for a challenging 1H21 due to tough YoY compares, the... More

UPDATE: Stifel Upgrades Netflix (NFLX) to Buy, 'Pushing Past Pandemic Pull Forward'

April 21, 2021 1:28 AM EDT

(Updated - April 21, 2021 4:03 AM EDT)

Stifel analyst Scott W. Devitt upgraded Netflix (NASDAQ: NFLX) from Hold to Buy with a price target of $560.00 (from $550.00).

The analyst comments "We are upgrading shares of Netflix to Buy from Hold with a $560 12-month TP,... More

After-Hours Stock Movers 04/20: (LRN) (EW) (ISRG) Higher; (NFLX) (ROKU) (FUBO) Lower (more...)

April 20, 2021 5:20 PM EDT

Today's After-Hours Movers

Netflix (NASDAQ: NFLX) 10.5% LOWER; reported Q1 EPS of $3.75, $0.78 better than the analyst estimate of $2.97. Revenue for the quarter came in at $7.16 billion versus the consensus estimate of $7.13 billion. Global streaming paid net additions were 3.98 million versus the guidance of 6 million. The company sees Q2 Global... More

Netflix (NFLX) Board Approve $5B Stock Buyback Plan

April 20, 2021 4:16 PM EDT

Netflix (NASDAQ: NFLX) announced the board has approved a program to repurchase up to $5 billion of our common stock beginning in 2021 with no fixed expiration date.

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Netflix (NFLX) Tops Q1 EPS by 78c, Subs Miss

April 20, 2021 4:01 PM EDT

Netflix (NASDAQ: NFLX) reported Q1 EPS of $3.75, $0.78 better than the analyst estimate of $2.97. Revenue for the quarter came in at $7.16 billion versus the consensus estimate of $7.13 billion.

Global streaming paid net additions were 3.98 million versus the guidance of 6... More

Netflix (NFLX) April weekly 547.50 straddle priced for a move of 6.5% into quarter results

April 20, 2021 3:00 PM EDT

Netflix (NASDAQ: NFLX) April weekly 547.50 straddle priced for a move of 6.5% into the expected release of quarter results today after the bell

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Netflix (NFLX) calls more active than puts into quarter results and outlook

April 20, 2021 10:18 AM EDT

Netflix (NASDAQ: NFLX) April weekly call option implied volatility is at 86, May is at 38; compared to its 52-week range of 33 to 76 into the expected release of quarter results today after the bell. Call put ratio 1.9 calls to 1 put.

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Netflix (NFLX) option IV increases into quarter results

April 20, 2021 4:57 AM EDT

Netflix (NASDAQ: NFLX) April weekly call option implied volatility is at 80, May is at 38; compared to its 52-week range of 33 to 76 into the expected release of quarter results after the bell on April 20.

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Stocks expected to have increasing option volume: NFLX IBM UAL JNJ ISRG LMT KEY LMT

April 20, 2021 4:18 AM EDT

Stocks expected to have increasing option volume: NFLX IBM UAL JNJ ISRG LMT KEY LMT

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Netflix (NFLX) IV at high end of range into quarter results and outlook

April 19, 2021 10:40 AM EDT

Netflix (NASDAQ: NFLX) April weekly call option implied volatility is at 82, May is at 40; compared to its 52-week range of 33 to 76 into the expected release of quarter results after the bell on April 20.

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Credit Suisse Does Not See Netflix (NFLX) Breaking Out of Its Range, Earnings Preview

April 19, 2021 7:58 AM EDT

Credit Suisse analyst Douglas Mitchelson reiterated a Neutral rating and $586.00 price target on Netflix (NASDAQ: NFLX) expecting 1Q/2Q results of 6.0m 1Q21 global net adds, in line with guidance / Street, and 3.6m 2Q net adds vs. Streets 4.2m. Perhaps more importantly, he does not see a near-term catalyst for Netflix to break out of its... More

Netflix (NFLX) option implied volatility bid into quarter results

April 19, 2021 4:01 AM EDT

Netflix (NASDAQ: NFLX) April weekly call option implied volatility is at 64, May is at 38; compared to its 52-week range of 33 to 76 into the expected release of quarter results after the bell on April 20.

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Stocks expected to have increasing option volume: NFLX IBM KO UAL JNJ

April 19, 2021 3:42 AM EDT

Stocks expected to have increasing option volume: NFLX IBM KO UAL JNJ

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