Netflix (NFLX) PT Raised at FBR on 'Encouraging' Q1 Results

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Netflix (NFLX) Q1 'Very Solid', RBC Capital Says

April 22, 2014 8:53 AM EDT

RBC Capital analyst Mark Mahaney reiterated an Outperform rating and $500 price target on Netflix (NASDAQ: NFLX) on what the firm is calling a 'very solid' Q1.

Mahaney commented, "$1.27B in Revenue was ever-so slightly ahead vs. the Street, while EPS of $0.86 came in above the Streets $0.81. The material variance was with International, where Net Sub Adds came in... More

Netflix (NFLX) Q1 'Strong', Needham & Company Says

April 22, 2014 7:21 AM EDT

Needham & Company analyst Laura Martin reiterated a Buy rating and $525 price target on Netflix (NASDAQ: NFLX) following 'another strong quarter, strong guidance.'

Martin commented, "The things we liked most (in order) about Netflixs earnings call were: 1) they said they will raise price $1-2/month,... More

Raymond James Upgrades Netflix (NFLX) to Outperform

April 22, 2014 6:49 AM EDT

Raymond James upgraded Netflix (NASDAQ: NFLX) from Market Perform to Outperform with a price target of $450.00.

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 $348.49 yesterday.

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Earlier Price Increase, Int'l Expansion Bode Well for Netflix (NFLX); Cowen Keeps at 'Market Perform'

April 22, 2014 6:47 AM EDT

Cowen and Company maintains Netflix (Nasdaq: NFLX) at Market Perform with a price target of $355 following Q1 results issued Monday night.

Analyst John Blackledge noted that Netflix Q1 revs of $1.27 billion beat his estimates by 1 percent, while EPS of $.86 topped the analyst's $.80 outlook. On subs, US streaming subs totaled 35.67MM, right in line with our forecast, as NFLX added 2.25MM net adds. Int'l subs of 12.68MM was better than our 12.58MM forecast, driven... More

Cantor Fitzgerald Upgrades Netflix (NFLX) to Buy; Stock Viewed as Compelling Buy

April 22, 2014 6:45 AM EDT

Cantor Fitzgerald upgraded Netflix (NASDAQ: NFLX) from Hold to Buy with a price target of $425.00 (from $405).

"We're upgrading NFLX to BUY from HOLD and increasing our PT to $425 from $405 on stronger-than-expected 1Q:14 results and better 2Q:14 guidance. With international expansion firmly in place and... More

Netflix (NFLX) Q1 'Best of Both' - Janney

April 22, 2014 6:31 AM EDT

Janney Montgomery Scott analyst Tony Wible reiterated a Buy rating and $450 price target on Netflix (NASDAQ: NFLX) following Q1 results calling it the best of both - pricing power and TAM on target.

He comments, "NFLX reported $0.86 EPS, beating earnings estimates, as both domestic... More

Netflix, Inc. (NFLX) Discusses $1-$2/Month Price Increase

April 21, 2014 4:11 PM EDT

With earnings, Netflix, Inc. (NASDAQ: NFLX) discusses a likely $1-$2 month price increase for new customers:

As expected, we saw limited impact... More

Netflix, Inc. (NFLX) Tops Q1 EPS by 5c

April 21, 2014 4:02 PM EDT

Netflix, Inc. (NASDAQ: NFLX) reported Q1 EPS of $0.86, $0.05 better than the analyst estimate of $0.81. Revenue for the quarter came in at $1.27 billion versus the consensus estimate of $1.27 billion.

Our U.S. streaming service grew by 2.25 million net members to 35.7 million members. Our net additions for Q1 were 0.22 million more than prior year Q1. As weve discussed previously, U.S. net additions in Q2 will generally be lower than in the prior year Q2, even in a year with full year growth, due to increased seasonality.... More