BofA Securities Downgrades Netflix (NFLX) Two-Notches to Underperform
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CFRA Downgrades Netflix (NFLX) to Hold
April 20, 2022 9:06 AM EDTCFRA 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.
... MoreNetflix (NFLX) Upgraded to Hold at Needham on Plan to Adopt Low-priced Tier
April 20, 2022 7:40 AM EDTNetflix (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
April 20, 2022 7:23 AM EDTOppenheimer 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
April 20, 2022 6:13 AM EDTShares 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
April 20, 2022 6:07 AM EDTMoffettNathanson analyst Michael Nathanson lowered the price target on Netflix (NASDAQ: NFLX) to $245.00 (from $350.00) while maintaining a Neutral rating.
... MoreNetflix (NFLX) PT Lowered to $275 at Barclays
April 20, 2022 6:06 AM EDTBarclays analyst Ross Sandler lowered the price target on Netflix (NASDAQ: NFLX) to $275.00 (from $380.00) while maintaining a Equalweight rating.
... More
