Netflix (NFLX) PT Lowered to $275 at Barclays

Go back to Netflix (NFLX) PT Lowered to $275 at Barclays

CFRA Downgrades Netflix (NFLX) to Hold

April 20, 2022 9:06 AM EDT

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.

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

April 20, 2022 7:40 AM EDT

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

April 20, 2022 7:23 AM EDT

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

Netflix (NFLX) PT Lowered to $245 at MoffettNathanson

April 20, 2022 6:07 AM EDT

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

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BofA Securities Downgrades Netflix (NFLX) Two-Notches to Underperform

April 20, 2022 6:05 AM EDT

BofA Securities analyst Nat Schindler downgraded Netflix (NASDAQ: NFLX) from Buy to Underperform with a price target of $300.00 (from $605.00).

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.

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KGI Securities Downgrades Netflix (NFLX) to Neutral

April 20, 2022 5:40 AM EDT

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.

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Atlantic Equities Downgrades Netflix (NFLX) to Neutral

April 20, 2022 5:39 AM EDT

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.

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UPDATE: JPMorgan Downgrades Netflix (NFLX) to Neutral

April 20, 2022 5:38 AM EDT

(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

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

April 20, 2022 5:35 AM EDT

Pivotal Research analyst Jeffrey Wlodarczak downgraded Netflix (NASDAQ: NFLX) from Buy to Sell with a price target of $235.00 (from $550.00).

The analyst commented, "After what can only be called a shocking 1Q subscriber miss and weak subscriber & financial guidance we reduced our subscriber forecasts and pushed back our profitability forecasts substantially which led to a dramatic nearly 60% reduction in our target price to $235 and a reduction in our... More

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

April 20, 2022 5:31 AM EDT

(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

April 20, 2022 5:30 AM EDT

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.

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Stifel Downgrades Netflix (NFLX) to Hold

April 20, 2022 5:26 AM EDT

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

April 20, 2022 4:00 AM EDT

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.

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Popular stocks with increasing volume: NFLX PLUG PLTR SOFI AAL

April 20, 2022 3:57 AM EDT

Popular stocks with increasing volume: NFLX PLUG PLTR SOFI AAL

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

April 19, 2022 5:53 PM EDT

After-Hours Stock Movers:

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

Netflix Shares Plunge 20% on Q1 Net Additions Miss

April 19, 2022 4:33 PM EDT

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

Stocks expected to have increasing option volume: NFLX PARA DIS CMCSA TWTR VZ T WBD

April 19, 2022 4:10 PM EDT

Stocks expected to have increasing option volume: NFLX PARA DIS CMCSA TWTR VZ T WBD

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Netflix rocked by subscriber loss, may offer cheaper ad-supported plans

April 19, 2022 4:04 PM EDT

By Dawn Chmielewski and Tiyashi Datta

(Reuters) - Netflix Inc said inflation, the war in Ukraine and fierce competition contributed to a loss of subscribers for the first time in more than a decade and predicted deeper losses ahead, marking an abrupt shift in fortune for a streaming company that thrived during the pandemic.

The company said it lost 200,000 subscribers in its first quarter, falling well short of its forecast of adding 2.5 million subscribers. Suspending service in Russia after the Ukraine invasion took a toll, resulting in the loss of 700,000 members.

Wall Street sent Netflix's stock... More