Pivotal Research Downgrades Netflix (NFLX) Two-Notches to Sell

CFRA Downgrades Netflix (NFLX) to Hold

CFRA downgraded Netflix (NASDAQ: NFLX) from Buy to Hold with a price target of $290.00 (from $525.00).

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 $348.61 yesterday.

Netflix (NFLX) Upgraded to Hold at Needham on Plan to Adopt Low-priced Tier

Netflix (NASDAQ: NFLX) reported worse-than-expected results and guidance yesterday to send its shares over 27% lower in after-hours trading.

At least 9 analysts downgraded Netflix stock, including several rating cuts by two notches.

However, Needham & Company analyst Laura Martin moved to upgrade Netflix... More

Oppenheimer Downgrades Netflix (NFLX) to Perform

Oppenheimer analyst Jed Kelly downgraded Netflix (NASDAQ: NFLX) from Outperform to Perform.

The analyst commented, "We are downgrading NFLX shares from Outperform to Perform and removing our $530 PT following a significant 1Q netadds miss that we attribute to elevated churn from more streaming... More

Streaming Party Over? Netflix (NFLX) Stock Crashes 26% After Losing Subscribers in Q1, Prompts at Least 9 Analyst Downgrades

Shares of Netflix (NASDAQ: NFLX) are down over 26% in pre-open Wednesday after the streaming company reported disappointing Q1 results and Q2 guidance.

Netflix reported EPS of $3.53 in the first quarter, down from $3.75 in the year-ago period and above the consensus estimates of $2.91 per share. Revenue came in at $7.87 billion in the period, up 9.8% YoY and missing the expected $7.95 billion.

Streaming paid net change was reported at -200,000, compared to +3.98 million in the year-ago quarter and estimates of +2.5 million. This marks the first time in the last decade that net add growth has turned... More

Netflix (NFLX) PT Lowered to $245 at MoffettNathanson

MoffettNathanson analyst Michael Nathanson lowered the price target on Netflix (NASDAQ: NFLX) to $245.00 (from $350.00) while maintaining a Neutral rating.

Netflix (NFLX) PT Lowered to $275 at Barclays

Barclays analyst Ross Sandler lowered the price target on Netflix (NASDAQ: NFLX) to $275.00 (from $380.00) while maintaining a Equalweight rating.

KGI Securities Downgrades Netflix (NFLX) to Neutral

KGI Securities analyst Freddy Chen downgraded Netflix (NASDAQ: NFLX) from Outperform to Neutral with a price target of $350.00.

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 $348.61 yesterday.

Atlantic Equities Downgrades Netflix (NFLX) to Neutral

Atlantic Equities analyst Hamilton Faber downgraded Netflix (NASDAQ: NFLX) from Overweight to Neutral with a price target of $280.00.

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 $348.61 yesterday.

UPDATE: JPMorgan Downgrades Netflix (NFLX) to Neutral

(Updated - April 20, 2022 6:09 AM EDT)

JPMorgan analyst Doug Anmuth downgraded Netflix (NASDAQ: NFLX) from Overweight to Neutral with a price target of $300.00 (from $605.00).

The analyst commented, "Following a sea change quarter for NFLX in which the company essentially conceded to every key point of the bear thesis, we're downgrading our recommendation to Neutral & lowering our price target to $300. Projected 1H net sub losses of -2.2M (or -1.5M adding back Russia) are... More

UPDATE: Netflix (NFLX) Post Covid Hangover Drives Piper Sandler to Downgrade to Neutral

(Updated - April 20, 2022 8:23 AM EDT)

Piper Sandler analyst Thomas Champion downgraded Netflix (NASDAQ: NFLX) from Overweight to Neutral with a price target of $293.00 (from $562.00) after 1Q22 subscriber net adds of (0.2MM), or +0.5MM ex-Russia, badly missed guidance of 2.5MM.

The... More

UBS Downgrades Netflix (NFLX) to Neutral

UBS analyst Eric Sheridan downgraded Netflix (NASDAQ: NFLX) from Buy to Neutral with a price target of $355.00 (from $575.00).

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 $348.61 yesterday.

Stifel Downgrades Netflix (NFLX) to Hold

Stifel analyst Scott Devitt downgraded Netflix (NASDAQ: NFLX) from Buy to Hold with a price target of $300.00 (from $400.00).

The analyst commented, "We are lowering our rating to Hold. Netflix reported disappointing 1Q results and guidance as subscriber growth turned negative in... More

Netflix (NFLX) IV into subscriber guidance misses and reports Q1 subscriber losses

Netflix (NASDAQ: NFLX) April weekly call option implied volatility is at 167, May is at 63; compared to its 52-week range of 21 to 59 into Netflix subscriber guidance misses and reports Q1 subscriber losses. Call put ratio 1 call to 1 put.

Popular stocks with increasing volume: NFLX PLUG PLTR SOFI AAL

Popular stocks with increasing volume: NFLX PLUG PLTR SOFI AAL

After-Hours Stock Movers 04/19: IBM Gains on Beat; Netflix Plummets on Sub Miss (more...)

After-Hours Stock Movers:

Netflix (NASDAQ: NFLX) 26% LOWER; Q1 global... More

Netflix Shares Plunge 20% on Q1 Net Additions Miss

Netflix (NASDAQ: NFLX) shares dropped around 20% after-hours following the companys reported Q1 results, with global streaming paid net subscribers falling 200,000, compared to additions of 2.5 million expected. This was a result of the suspension of service in Russia and winding-down of all Russian paid... More