Netflix (NFLX) PT Slashed to $345 at Piper Jaffray; Priced for Perfection But Not Perfect

Go back to Netflix (NFLX) PT Slashed to $345 at Piper Jaffray; Priced for Perfection But Not Perfect

Netflix (NFLX) Buy Rating Maintained at BTIG

October 16, 2014 1:03 PM EDT

BTIG maintained a Buy rating on Netflix (NASDAQ: NFLX). Analyst Richard Greenfield believes selling Netflix is a mistake, and the continues to believe it will reach 100 mm global streaming subscribers by year-end 2017.

"While forecasting Netflix subscriber growth has never been easy, particularly as they expand overseas, it is... More

Netflix (NFLX) PT Cut to $450 at Canaccord Genuity; 'Buy' Maintained

October 16, 2014 8:58 AM EDT

Canaccord Genuity analyst Greg Miller lowered his price target on Netflix (NASDAQ: NFLX) to $450.00 (from $550.00) but is maintaining a Buy rating. The firm cited weaker-than-expected subscriber trends notably in the US.

Miller commented, "Although financial results were largely in line with expectations, the... More

Netflix (NFLX) Sub Miss Challenges the Bull Thesis, BofA/Merrill Lynch Says

October 16, 2014 7:58 AM EDT

BofA/Merrill Lynch analyst Nat Schindler maintained an Underperform rating and $294 target on Netflix (NASDAQ: NFLX) as Q3 beats but subscribers miss.

Schindler comments, "3Q14 subscriber addition missed for the first time in several quarters, challenging the bull thesis. Domestic net sub... More

Netflix (NFLX) PT Cut $425 at Stifel; 'Buy' Maintained

October 16, 2014 7:49 AM EDT

Stifel analyst Benjamin Mogil lowered his price target on Netflix (NASDAQ: NFLX) to $425.00 (from $500.00) following disappointing 3Q14 subscriber trends and weak 4Q14 subscriber guidance but maintained a Buy rating.

Mogile said, "On the positive front, domestic margins continue to trend better than original... More

Netflix (NFLX) Still Positioned to Monopolize Market Despite Weak Q3, Janney Says

October 16, 2014 7:43 AM EDT

Janney Capital analyst Tony Wible lowered his price target on Netflix (NASDAQ: NFLX) to $470.00 (from $525.00) following weak Q3 subscriber numbers but maintained a Buy rating.

Wible commented, "There was little to like in NFLX quarter as subs missed on price increases. Higher... More

Netflix (NFLX) Price Target Lowered to $450 at Goldman Sachs; Risk/Reward Favorable, Says Analyst

October 16, 2014 7:40 AM EDT

Goldman Sachs maintained a Buy rating on Netflix (NASDAQ: NFLX) and raised its price target to $450.00 (from $550.00). The change follows Q3 results and disappointing subscriber growth.

Analyst Heath P. Terry said, "We continue to believe Netflix will replicate its model globally, drive... More

Netflix (NFLX) PT Slashed at SunTrust Robinson Humphrey Amid Domestic and Intl Sub Miss

October 16, 2014 7:14 AM EDT

SunTrust Robinson Humphrey analyst Robert Peck slashed his price target on Netflix (NASDAQ: NFLX) to $375.00 (from $525.00) and reiterated a Neutral following weak subscriber numbers.

Peck highlighted the following key points: 1) Intl subscriber adds guidance missed consensus by ~16%, disappointing in light of the recent... More

Jefferies Upgrades Netflix (NFLX) to Hold Following Massive Sell-Off

October 16, 2014 7:04 AM EDT

Jefferies upgraded Netflix (NASDAQ: NFLX) from Underperform to Hold with a price target of $300.00 (from $350.00), with shares down 26% following weak Q3 sub numbers and guidance after the close.

The Jefferies US Internet Team commented, "Today we are upgrading NFLX to Hold... More

Cowen Cuts PT on Netflix (NFLX) to $360; Q3 Sub Growth and Q4 Outlook Rile Investors

October 16, 2014 6:44 AM EDT

Cowen and Company is commenting on Netflix (Nasdaq: NFLX) following Q3 results and Q4 outlook issued on Wednesday night. The firm reiterates its Market Perform rating, but moves its price target from $446 down to $360.

Analyst John Blackledge said Netflix reported solid 3Q14 financials, but U.S. and Int'l sub growth was lower than expected. 4Q14 sub guide was also light (vs. our forecast and consensus), driving shares down ~25% after hours.

Blackledge elaborates, Netflix delivered total revenue of... More

Buy Netflix (NFLX) on Dramatic Q3 Sell-Off, RBC Capital Says

October 16, 2014 6:39 AM EDT

RBC Capital analyst Mark Mahaney maintained an Outperform rating on Netflix (NASDAQ: NFLX) following weaker than expected Q3 subs while lowering his price target to $550.00 (from $600.00). The analyst said the long-term thesis remains intact.

The Keys, according to the analyst: Positive 1) Domestic Streaming Margins Continue To Rise (up 400bps+ Y/Y) NFLX is getting more profitable on a bigger base; 2) International Streaming Net... More

CRT Capital Downgrades Netflix (NFLX) to Fairly Valued

October 16, 2014 6:39 AM EDT

CRT Capital downgraded Netflix (NASDAQ: NFLX) from Buy to Fairly Valued with a price target of $375.00 (from $510.00).

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 $448.59 yesterday.

... More

Netflix (NFLX) Tops Q3 EPS by 5c; Issues Light Q4 EPS Outlook.

October 15, 2014 4:01 PM EDT

(Updated - October 15, 2014 4:04 PM EDT)

Netflix (NASDAQ: NFLX) reported Q3 EPS of $0.96, $0.05 better than the analyst estimate of $0.91. Revenue was $1.41 billion, with estimates at $1.41 billion.

Streaming paid members came in at 50.65 million, from 47.99 million in Q214. Domestic streaming subs rose from 35.09... More