Netflix (NFLX) Said 'Squid Game' Seen By 142 Million Households in First 4 Weeks

Netflix (NFLX) PT Raised to $750 at Oppenheimer

October 20, 2021 8:15 AM EDT

Oppenheimer analyst Jed Kelly raised the price target on Netflix (NASDAQ: NFLX) to $750.00 (from $620.00) while maintaining an Outperform rating.

The analyst commented, "We raise our NFLX PT to $750 from $620 and maintain our Outperform rating on subscriber trends inflecting on a strong 2H slate. We... More

Netflix (NFLX) PT Raised to $750 at Canaccord Genuity

October 20, 2021 7:20 AM EDT

Canaccord Genuity analyst Maria Ripps raised the price target on Netflix (NASDAQ: NFLX) to $750.00 (from $650.00) while maintaining a Buy rating.

The analyst commented, "Netflix reported strong Q3 results as subscriber growth came in above expectations thanks to an improved content slate (particularly in the APAC & EMEA regions), while operating margin was also well ahead of... More

Netflix (NFLX) Beats Estimates but Shares Slip on Conservative 4Q Net Adds Outlook, Analysts Mostly Positive and Raise Price Targets; Deutsche Bank Downgrades to Hold

October 20, 2021 6:35 AM EDT

Shares of Netflix (NASDAQ: NFLX) are down over 2.5% in pre-open Wednesday despite the company reporting better-than-expected Q3 results.

The company reported Q3 EPS of $3.19 per share to top the $2.56 consensus. Revenue came in at $7.48 billion, in line with the consensus of $7.48 billion. NFLX added 4.38 million net subscribers, which is again higher than the $3.5 million expected.

After a lighter-than-normal content slate in Q1 and Q2 due to COVID-related production delays in 2020, we are seeing the positive effects of a stronger slate in the second half of the year... Were very... More

Global 'Squid Game' mania lifts Netflix quarter

October 19, 2021 4:05 PM EDT

By Lisa Richwine and Eva Mathews

(Reuters) -Netflix Inc's global sensation "Squid Game" helped lure more new customers than expected, the world's largest streaming service said on Tuesday as it predicted a packed lineup would further boost signups through the end of the year.

After a sharp slowdown in the first half of 2021, Netflix added 4.38 million subscribers from July through September to reach 213.6 million worldwide. Wall Street analysts had projected 3.86 million additions, according to Refinitiv data.

Netflix enjoyed a subscriber boom last year as COVID-19 kept audiences at home, but growth stalled early this... More

Netflix (NFLX) Tops Q3 EPS by 63c, Subs Beat

October 19, 2021 4:01 PM EDT

Netflix (NASDAQ: NFLX) reported Q3 EPS of $3.19, $0.63 better than the analyst estimate of $2.56. Revenue for the quarter came in at $7.48 billion versus the consensus estimate of $7.48 billion.

The company added 4.38 million global streaming subscribers in the quarter, versus the 3.5 million subscribers... More