Netflix (NFLX) PT Lowered to $245 at MoffettNathanson

Go back to Netflix (NFLX) PT Lowered to $245 at MoffettNathanson

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.

... More

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 $265 at Goldman Sachs

April 20, 2022 6:07 AM EDT

Goldman Sachs analyst Eric Sheridan lowered the price target on Netflix (NASDAQ: NFLX) to $265.00 (from $420.00) while maintaining a Neutral rating.... More

Netflix (NFLX) PT Lowered to $245 at MoffettNathanson

April 20, 2022 6:06 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.... More

Netflix (NFLX) PT Lowered to $275 at Barclays

April 20, 2022 6:06 AM EDT

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

... More

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.

... More

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.

... More

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.

... More

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.

... More

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) Plunges 16% After Forecast Calls For 2M Drop in Subscribers

April 19, 2022 4:03 PM EDT

Netflix (NASDAQ: NFLX) Plunges 16% After Forecast Calls For 2M Drop in Subscribers

... More

Netflix (NFLX) Tops Q1 EPS by 63c, Net Adds and Guidance Misses Consensus

April 19, 2022 4:01 PM EDT

Netflix (NASDAQ: NFLX) reported Q1 EPS of $3.53, $0.63 better than the analyst estimate of $2.90. Revenue for the quarter came in at $7.87 billion versus the consensus estimate of $7.93 billion.

Global streaming paid net additions were -200k million in Q1 versus 2.5 million... More