Netflix (NFLX) short duration July options active into quarter results and outlook
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Netflix earnings preview
July 18, 2024 10:00 AM EDTNetflix (NASDAQ: NFLX) is set to report its second-quarter 2024 results after the close on July 18, and analysts from Citi and TD Cowen have provided their insights and expectations.
Citi: Citi remains cautious despite the stock's impressive year-to-date performance, up approximately 45%. They maintain a Neutral rating with a $660 target price.
Citi anticipates Netflix will report net additions "modestly ahead of sell-side estimates but modestly below investor expectations," forecasting around 5.5... More
Rosenblatt Cautious on Netflix (NFLX): 'Data suggests US slowdown'
July 17, 2024 6:36 AM EDTRosenblatt analyst Barton Crockett reiterated a Neutral rating and $554.00 price target on Netflix (NASDAQ: NFLX)
The analyst comments "Data suggests US slowdown -- When we review US weekly minutes for Netflix shows in the Nielsen US top 10, we see a 5% Y/Y decline... More
Netflix (NFLX) PT Raised to $735 at Guggenheim
July 17, 2024 6:12 AM EDTGuggenheim analyst Michael Morris raised the price target on Netflix (NASDAQ: NFLX) to $735.00 (from $700.00) while maintaining a Buy rating.
The analyst comments "Netflix is the streaming leader and the market treats the stock accordingly. What dont we know yet? What makes it go higher or lower? Member... More

