Netflix (NFLX) July 475 straddle into quarter results as share price at record high

Go back to Netflix (NFLX) July 475 straddle into quarter results as share price at record high

Netflix (NFLX) PT Raised to $400 at Rosenblatt, 'expectations need to be kept within bounds'

July 20, 2023 7:07 AM EDT

Rosenblatt analyst Barton Crockett raised the price target on Netflix (NASDAQ: NFLX) to $400.00 (from $358.00) while maintaining a Neutral rating.

The analyst comments "Improved operating margin and repurchase push our price target up 12% to $400, within 10% of the after-hours down 8%. Netflix is a solid company,... More

Truist Securities on Netflix (NFLX): 'Bull case likely unchanged'

July 20, 2023 6:38 AM EDT

Truist Securities analyst Matthew Thornton reiterated a Hold rating and $339.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "S: Members ahead driven by password sharing (greater/earlier impact, not sure changes ultimate benefit/run-rate), undermined by slightly disappointing ARPU (discussed below), with full-year margin... More

Netflix (NFLX) PT Raised to $505 at JPMorgan

July 20, 2023 6:32 AM EDT

JPMorgan analyst Doug Anmuth raised the price target on Netflix (NASDAQ: NFLX) to $505.00 (from $495.00) while maintaining a Overweight rating.

The analyst comments "Coming out of 2Q earnings theres no change to our positive thesis on NFLX, and we would buy the pullback in shares. Yes, the company is monetizing Paid Sharing a bit slower than we expected w/only slight revenue... More

Goldman Sachs on Netflix (NFLX): 'We expect the market to have a muted to positive reaction'

July 19, 2023 4:36 PM EDT

Goldman Sachs analyst Eric Sheridan reiterated a Neutral rating and $400.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "We expect the market to have a muted to positive reaction to Netflixs Q2 23 earnings report on the back of strong result in terms of both subscriber net addition performance (driven by a mix of subscriber password initiatives and... More

Netflix (NFLX) Signs Up 1.5 Million US Subscribers for Ad Tier - The Information

July 19, 2023 1:31 PM EDT

Netflix (NASDAQ: NFLX) Signs Up 1.5 Million US Subscribers for Ad Tier - The Information (LINK)

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Wolfe Research on Netflix (NFLX): 'Elimination of Basic Has Potential to Drive +11% EBITDA Upside'

July 19, 2023 1:04 PM EDT

Wolfe Research analyst Peter Supino reiterated an Outperform rating and $485.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "After eliminating its Basic tier in Canada late last month, Netflix has eliminated its Basic tier in the United States & United Kingdom.We believe this decision will be materially accretive to forecasts & estimate: +4% global revenue upside and +11% global EBITDA upside to CY'26E estimates, based on significantly higher uptake of the AVOD tier in UCAN. Increased UK AVOD adoption will also benefit the model, but due to limited disclosures/data we are unable... More