Netflix Earnings Focus on Subscriber Growth and Disney+ Commentary

Viewing 5 posts - 16 through 20 (of 20 total)
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  • #20503
    Super Harley
    Participant

    RBC – NFLX outperform rating

    “We reiterate our Outperform rating and $480 price target in the wake of solid Q1 results. Global Paid Sub Growth is still on track to accelerate Y/Y. Management remains confident in recent U.S. pricing increase. AND NFLX still has premium Revenue growth and Operating Margin expansion. Long-Term Buy thesis FULLY intact”

    #20504
    Super Harley
    Participant

    Morgan Stanley – overweight rating on NFLX

    “We expect HSD global organic ARPU growth in ’19, and Netflix expects another year of record net adds. This pricing power is the result of years of investment in content, marketing and technology and speaks to Netflix’s scale. It is also the key to driving improved FCF trends and ultimately shares.”

    #20505
    Super Harley
    Participant

    Goldman Sachs – NFLX conviction list & buy rating, raised price target to $460 from $450

    “As Netflix’s content investments, distribution partnerships and marketing spend drive subscriber growth significantly above consensus expectations and the company approaches an inflection point in cash profitability, we believe shares of NFLX will continue to significantly outperform. We remain Buy rated (on CL) and raise our 12-month price target to $460 from $450 to reflect faster subscriber growth expectations, particularly in international markets.”

    #21039
    ThePitBoss
    Participant

    Wolfe Research initiated Netflix as ‘outperform’ Thurs

    Wolfe said it has a “more bullish view on the Disney versus Netflix debate.”

    “We initiate NFLX with an Outperform and $442 PT. Our positive thesis has to do with:
    1) NFLX’s unparalleled global scale; and
    2) our more bullish view on the DIS-vs.-NFLX debate (we remind you we are positive on DIS and Disney+). ”

    #22118
    ThePitBoss
    Participant

    Netflix Inc. (NASDAQ: NFLX) maintained as Buy at Monnes Crespi Hardt, but lowered price target by $100 to $340.

    Follows similar call from Evercore ISI on Monday, wherein the firm lowered its target price to $300 from $380.

    Market Summary > Netflix Inc
    NASDAQ: NFLX
    267.53 USD −3.19 (1.18%)

Viewing 5 posts - 16 through 20 (of 20 total)
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