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

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

Netflix (NFLX) Climbs 2.8%

October 21, 2021 10:12 AM EDT

Netflix (NASDAQ: NFLX) Climbs 2.8%

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Netflix (NFLX) PT Raised to $615 at Macquarie

October 20, 2021 8:58 AM EDT

Macquarie analyst Tim Nollen raised the price target on Netflix (NASDAQ: NFLX) to $615.00 (from $545.00) while maintaining a Neutral rating.

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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

Protesters denounce Netflix over Chappelle transgender comments

October 20, 2021 7:11 AM EDT

By Dawn Chmielewski

LOS ANGELES(Reuters) -About 100 people protested near Netflix Inc's headquarters on Wednesday against the streaming pioneers decision to release comedian Dave Chappelles new special, which they say ridicules transgender people.

Netflix staff members, transgender rights advocates and public officials gathered on a sidewalk outside a Netflix office blocks away from the company's main 13-story Sunset Boulevard building in Los Angeles.

Demonstrators held signs proclaiming, Trans Lives Matter and Team Trans and chanted slogans like What do we want? Accountability, When do we want it? Now.

Netflix staff were outnumbered by members of the public,... More

Netflix (NFLX) PT Raised to $690 at Stifel as Content Slate Drives Sustainable Sub Growth

October 20, 2021 6:53 AM EDT

Stifel analyst Scott Devitt raised the price target on Netflix (NASDAQ: NFLX) to $690.00 (from $650.00) while maintaining a Buy rating after the company reported an increase of +4.4mm global net paid subscribers in 3Q, above the consensus of +3.7mm.

The analyst attributed the company's success,... More

Netflix (NFLX) Beats Sub Hurdle as Intl Penetration Increases - UBS

October 20, 2021 6:45 AM EDT

UBS analyst Eric Sheridan reiterated a Buy rating and $720.00 price target on Netflix (NASDAQ: NFLX) after 3Q subs beat the street consensus and management indicated further acceleration in 4Q. Revenues were in-line and profits beat, partly due to the timing of content... 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

Netflix (NFLX) PT Raised to $800 at Wells Fargo

October 20, 2021 6:27 AM EDT

Wells Fargo analyst Steven Cahall raised the price target on Netflix (NASDAQ: NFLX) to $800.00 (from $700.00) while maintaining a Overweight rating.... More

UPDATE: Deutsche Bank Downgrades Netflix (NFLX) to Hold

October 20, 2021 6:12 AM EDT

(Updated - October 20, 2021 6:23 AM EDT)

Deutsche Bank analyst Bryan Kraft downgraded Netflix (NASDAQ: NFLX) from Buy to Hold with a price target of $590.00.

The analyst comments "Following Netflix's slightly better-than-expected third quarter results; our 2021 and 2022 subscriber, revenue, EBITDA, and EBIT forecasts are... More

Netflix (NFLX) PT Raised to $750 at Cowen

October 20, 2021 5:48 AM EDT

Cowen analyst John Blackledge raised the price target on Netflix (NASDAQ: NFLX) to $750.00 (from $650.00) while maintaining a Outperform rating.... More

Netflix (NFLX) PT Raised to $706 at Wolfe Research

October 20, 2021 5:44 AM EDT

Wolfe Research analyst John Janedis raised the price target on Netflix (NASDAQ: NFLX) to $706.00 (from $625.00) while maintaining a Outperform rating.... More

Netflix (NFLX) PT Raised to $750 at BofA Securities

October 20, 2021 5:41 AM EDT

BofA Securities analyst Nat Schindler raised the price target on Netflix (NASDAQ: NFLX) to $750.00 (from $680.00) while maintaining a Buy rating.... More

UPDATE: Netflix (NFLX) PT Raised to $675 at Barclays

October 20, 2021 4:42 AM EDT

(Updated - October 20, 2021 4:43 AM EDT)

Barclays analyst Kannan Venkateshwar raised the price target on Netflix (NASDAQ: NFLX) to $675.00 (from $625.00) while maintaining a Overweight rating.

The analyst comments "Netflixs north star a few years ago was to be HBO before... More

Netflix (NFLX) PT Raised to $690 at KeyBanc

October 20, 2021 4:41 AM EDT

KeyBanc analyst Justin Patterson raised the price target on Netflix (NASDAQ: NFLX) to $690.00 (from $670.00) while maintaining a Overweight rating.... More

UPDATE: Netflix (NFLX) PT Raised to $710 at Evercore ISI, 'Green Light!', Could Trade $900 Inside Three Years

October 20, 2021 4:34 AM EDT

(Updated - October 20, 2021 4:35 AM EDT)

Evercore ISI analyst Mark Mahaney raised the price target on Netflix (NASDAQ: NFLX) to $710.00 (from $695.00) while maintaining a Outperform rating.

The analyst comments "This was a solid report card against very elevated expectations, and we came away incrementally more constructive on the... More

Netflix (NFLX) PT Raised to $700 at Morgan Stanley

October 20, 2021 4:04 AM EDT

Morgan Stanley analyst Benjamin Swinburne raised the price target on Netflix (NASDAQ: NFLX) to $700.00 (from $675.00) while maintaining a Overweight rating.... More

Active options: PLTR DKNG NVDA AMZN MSFT NFLX CCJ PBR BBIG

October 20, 2021 3:59 AM EDT

Active options: PLTR DKNG NVDA AMZN MSFT NFLX CCJ PBR BBIG

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Netflix (NFLX) Q3, Q4 Subscriber Guidance Beats on 'Squid Game' Success

October 19, 2021 4:35 PM EDT

Netflix (NASDAQ: NFLX) third-quarter financial results beat on the bottom-line but were in-line on the top-line. However, subscriber numbers beat for the current quarter and were guided above the Street for the fourth quarter in part on the success of "Squid Game."

The... More

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

October 19, 2021 4:18 PM EDT

With its third-quarter earnings, Netflix (NASDAQ: NFLX) said its show Squid Game was seen by 142 million households in its first four weeks.

"Squid Game, a unique Korean story that first captured the zeitgeist in Korea and then globally. Released on... 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