Barclays on Netflix (NFLX): 'Margin expansion pace to slow in 2025 and potentially beyond'

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Netflix (NFLX) PT Raised to $800 at Jefferies

October 21, 2024 6:12 AM EDT

Jefferies analyst Andrew Uerkwitz raised the price target on Netflix (NASDAQ: NFLX) to $800.00 (from $780.00) while maintaining a Buy rating.

The analyst comments "Q3 results were solid with 5M net adds coming in ahead of street and 2025 revenue guidance of 11-13% only suggesting a... More

Barclays on Netflix (NFLX): 'we see Netflix as being in an optimization phase of its story'

October 18, 2024 3:30 PM EDT

Barclays analyst Kannan Venkateshwar reiterated an Underweight rating and $550.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "Overall, we see Netflix as being in an optimization phase of its story, and if there is a company that deserves the... More

Seaport Global Securities Reiterates Neutral Rating on Netflix (NFLX)

October 18, 2024 6:09 AM EDT

Seaport Global Securities analyst David Joyce reiterated a Neutral rating on Netflix (NASDAQ: NFLX).

The analyst comments "We continue to believe NFLX has a great business model and is set-up well for the long-term, but we think the valuation might be overly... More

Netflix (NFLX) PT Raised to $750 at Goldman Sachs

October 18, 2024 6:04 AM EDT

Goldman Sachs analyst Eric Sheridan raised the price target on Netflix (NASDAQ: NFLX) to $750.00 (from $705.00) while maintaining a Neutral rating.

The analyst comments "We recap NFLXs solid Q324 earnings report driven by better-than-expected operating income and slightly weaker subscriber net adds, while... More

Citi Reiterates Neutral Rating on Netflix (NFLX)

October 18, 2024 5:58 AM EDT

Citi analyst Jason Bazinet reiterated a Neutral rating and $675.00 price target on Netflix (NASDAQ: NFLX).

The analyst comments "NFLX reported 3Q24 revenue ~1% above the Street and operating income 7% above the consensus. In addition, Netflix reported 5.1 million net adds during the quarter, above the... More

Wolfe Research Reiterates Peerperform Rating on Netflix (NFLX)

October 18, 2024 5:52 AM EDT

Wolfe Research analyst Peter Supino reiterated a Peerperform rating on Netflix (NASDAQ: NFLX).

The analyst comments "We are compelled by the opportunity for ~3/4 of global pay-TV dollars to shift to streaming, of which Netflix should capture a significant share (vs. ~6% of industry... More

Netflix (NFLX) PT Raised to $830 at Morgan Stanley

October 18, 2024 5:51 AM EDT

Morgan Stanley analyst Benjamin Swinburne raised the price target on Netflix (NASDAQ: NFLX) to $830.00 (from $820.00) while maintaining a Overweight rating.

The analyst comments "Netflix is poised to remain the largest and fastest growing streaming service in the world as it heads into 2025.... More

Netflix (NFLX) PT Raised to $825 at BMO Capital

October 18, 2024 5:39 AM EDT

BMO Capital analyst Brian J. Pitz raised the price target on Netflix (NASDAQ: NFLX) to $825.00 (from $770.00) while maintaining a Outperform rating.

The analyst comments "We reiterate Outperform and raise our target price to $825 from $770 on the following: 1) better-than-expected 2025E revenue growth guidance of 11-13%... More

Netflix (NFLX) PT Raised to $780 at Bernstein SocGen Group

October 18, 2024 5:38 AM EDT

Bernstein SocGen Group analyst Laurent Yoon raised the price target on Netflix (NASDAQ: NFLX) to $780.00 (from $625.00) while maintaining a Market Perform rating.

The analyst comments "Going into Q3 print, there were some concerns around 3Q net sub adds number against a softer content... More

Stocks expected to have increasing option volume: NFLX PG ISRG AXP SLB RF ALLY CMA HBAN OZK WAL

October 18, 2024 4:43 AM EDT

Stocks expected to have increasing option volume: NFLX PG ISRG AXP SLB RF ALLY CMA HBAN OZK WAL

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Phillip Securities Downgrades Netflix (NFLX) to Neutral, 'Solid results, but valuations look full'

October 18, 2024 3:10 AM EDT

Phillip Securities analyst Jonathan Woo downgraded Netflix (NASDAQ: NFLX) from Buy to Neutral with a price target of $695.00.

The analyst said: "

3Q24 revenue was slightly above our estimates, while PATMI was higher due to better topline growth and favourable timing of... More

Netflix hits record high as strong subscriber additions ease growth worries

October 18, 2024 2:31 AM EDT

(Reuters) -Netflix shares hit an all-time high on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost from its password-sharing crackdown wanes.

The company, widely seen as the winner of Hollywood's streaming wars, saw its stock rise nearly 10% and was set to add more than $28 billion to its market value of about $295 billion, if gains hold.

It topped estimates for quarterly subscriber additions by more than 1 million and projected higher sign-ups sequentially for the last three months of the year when South Korean... More

Netflix (NFLX) PT Raised to $775 at Evercore ISI

October 17, 2024 10:50 PM EDT

Evercore ISI analyst Mark Mahaney raised the price target on Netflix (NASDAQ: NFLX) to $775.00 (from $750.00) while maintaining a Outperform rating.

The analyst comments: "We reiterate our Outperform on NFLX and raise our PT to $775 in the wake of Beat & Raise... More

Netflix (NFLX) PT Raised to $825 at UBS

October 17, 2024 10:48 PM EDT

UBS analyst John Hodulik raised the price target on Netflix (NASDAQ: NFLX) to $825.00 (from $750.00) while maintaining a Buy rating.

The analyst comments: "We see Netflix as the main beneficiary of rationalizing DTC competition and raise our PT. 3Q results were generally ahead (OI 5% higher)... More

Netflix (NFLX) PT Raised to $840 at Piper Sandler

October 17, 2024 10:48 PM EDT

Piper Sandler analyst Matt Farrell raised the price target on Netflix (NASDAQ: NFLX) to $840.00 (from $800.00) while maintaining a Overweight rating.

The analyst comments: "Netflix delivered Q3 results and Q4 guidance ahead of expectations, with the company providing initial 2025 guidance largely in-line. We... More

Netflix (NFLX) PT Raised to $785 at KeyBanc

October 17, 2024 10:47 PM EDT

KeyBanc analyst Justin Patterson raised the price target on Netflix (NASDAQ: NFLX) to $785.00 (from $760.00) while maintaining a Overweight rating.

The analyst comments: "Netflix's 3Q report contained few surprises, with paid net adds falling between our/Street expectations, 4Q OM% indicated above expectations, and... More

After-hours movers: Netflix, Intuitive Surgical, and more

October 17, 2024 4:43 PM EDT

After-Hours Stock Movers:

Netflix (NASDAQ: NFLX) rose 4% after it issued solid third quarter results and guidance. For the fourth quarter company forecasts 15% revenue growth and it expects paid net additions to be higher than in the third... More

Netflix reports upbeat guidance after Q3 results top estimates

October 17, 2024 4:24 PM EDT

Investing.com -- Netflix reported upbeat guidance Thursday following third-quarter results that topped Wall Street expectations as the streaming giant added more subscribers than expected in quarter.

Netflix Inc (NASDAQ: NFLX) was up more than 3% in afterhours following the results.

Netflix... More

Netflix tops subscriber targets as ad-tier signups grow

October 17, 2024 4:02 PM EDT

By Lisa Richwine, Dawn Chmielewski, Harshita Mary Varghese

LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter, topping Wall Street estimates by more than 1 million, and said it expected higher customer growth around the holidays when Korean drama "Squid Game" returns. 

Shares of Netflix rose 4.8% in after-hours trading on Thursday following the earnings report. The shares have gained about 47% so far this year.

As the pace of subscriber addition slows, Netflix has been trying to shift investor attention away from sign-ups to metrics including revenue growth and profit margins. It will stop... More

Netflix (NFLX) Tops Q3 EPS by 28c, Offers Guidance

October 17, 2024 4:01 PM EDT

Netflix (NASDAQ: NFLX) reported Q3 EPS of $5.40, $0.28 better than the analyst estimate of $5.12. Revenue for the quarter came in at $9.82 billion versus the consensus estimate of $9.77 billion.

GUIDANCE:

Netflix sees Q4 2024 EPS of $4.23, versus the consensus of $3.90. Netflix sees Q4 2024... More

Netflix (NFLX) call put ratio 1 call to 1 put into quarter results

October 17, 2024 10:18 AM EDT

Netflix (NASDAQ: NFLX) October call option implied volatility is at 166, November is at 44; compared to its 52-week range of 24 to 50 into the expected release of quarter results today after the bell. Call put ratio 1 call to 1 put.

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Netflix (NFLX) October 702.50 straddle priced into quarter results

October 17, 2024 1:39 AM EDT

Netflix (NASDAQ: NFLX) October 702.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on October 17.

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Netflix (NFLX) October 702.50 straddle priced into quarter results

October 17, 2024 12:54 AM EDT

Netflix (NASDAQ: NFLX) October 702.50 straddle priced for a move of 8% into the expected release of quarter results before the bell on October 17.

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Netflix (NFLX) call put ratio 1 call to 1 put into quarter results

October 16, 2024 11:30 AM EDT

Netflix (NASDAQ: NFLX) October call option implied volatility is at 126, November is at 44; compared to its 52-week range of 24 to 50 into the expected release of quarter results before the bell on October 17. Call put ratio 1 call to 1 put.

... More

Netflix (NFLX) PT Raised to $800 at Loop Capital

October 16, 2024 7:48 AM EDT

(Updated - October 16, 2024 7:48 AM EDT)

Loop Capital analyst Alan Gould raised the price target on Netflix (NASDAQ: NFLX) to $800.00 (from $750.00) while maintaining a Buy rating.

The analyst commented: "We are raising our 3Q subscriber and revenue estimates above consensus based on viewership trends and less negative currency trends. We anticipate a price increase in the... More

Netflix (NFLX) call put ratio 1 call to 1.1 puts into quarter results

October 16, 2024 12:20 AM EDT

Netflix (NASDAQ: NFLX) October 705 straddle priced for a move of 8% into the expected release of quarter results before the bell on October 17.

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