Netflix (NFLX) PT Lifted to $125 at Needham & Company Post Q3

MKM Partners Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

MKM Partners reiterated a Buy rating on Netflix (NASDAQ: NFLX), and raises the price target to $145.00 (from $130.00), following the company's 3Q15 earnings results. U.S. net paid additions of 1.01mn were well below guidance of 1.45mn. Gross additions were inline/ahead of expectations but... More

Oppenheimer Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

Oppenheimer reiterated an Outperform rating on Netflix (NASDAQ: NFLX), and raised the price target to $130.00 (from $125.00), following the company's 3Q15 earnings results.

Analyst Jason Helfstein commented, "While 3Q results were mixed, we are increasing our price target to $130 from $125 following 4Q US/Int'l... More

Netflix' (NFLX) Price Target Trimmed at FBN Securities

FBN Securities maintained an Outperform rating on Netflix (NASDAQ: NFLX) but lowered its price target to $125.00 (from $130.00). Analyst Shebly Seyrafi noted one problem with its Q3 results was an inability to collect due transition to chip-based credit and debit cards.

Seyrafi explained, "The key problem here was the involuntary churn (inability to collect) driven in part by the ongoing transition to chip-based credit and... More

Wedbush Remains Bearish on Netflix (NFLX) Following 3Q Earnings Results

Wedbush maintained an Underperform rating and $40.00 price target on Netflix (NASDAQ: NFLX) following the company's 3Q15 earnings results. Revenue was $1,738 million vs. consensus of $1,751 million.

Analyst Michael Pachter commented, "The chip-card excuse may be sincere, but we think pricing is to blame. Revenue was... More

Netflix (NFLX) The Dog Ate My Credit Card, Analyst Summary

Netflix's (NASDAQ: NFLX) earnings interview caused quite a bit of volatility as analysts digest the meaning of weaker than expected domestic sub adds, stronger than expected international sub adds and implications of a price increase. Below are some key facts from the call and a summary of the analyst calls.

Key facts from the notes:

Domestic sub growth of 888,000 to 43.181 million was below guidance. International sub adds of 2.736 million to 25.987 million were 325,000 above.

3Q15 Total paid sub adds reached 3.6mm, which pushed the stock down until... More

Canaccord Genuity Raises Price Target on Netflix (NFLX) Following 3Q15 Earnings Results

Canaccord Genuity reiterated a Buy rating on Netflix (NASDAQ: NFLX), and raised the price target to $125.00 (from $120.00), following the company's 3Q15 earnings results. For the first time since the 3Q14 report, Netflix reported weaker-than-expected results versus guidance and consensus expectations. Canaccord does not believe that the results weaken their long-term thesis, and is prepared for continued volatility... More

Evercore ISI Mantains Sell on Netflix (NFLX) Following 3Q15 Earnings Results

Evercore ISI maintained a Sell rating and $69.00 price target on Netflix (NASDAQ: NFLX) following the company's 3Q15 earnings results. Netflix reported a weaker domestic net addition quarter of 0.88m, well below guidance/consensus of 1.2m. Management cited higher involuntary churn stemming from the industry switch... More

BMO Capital Reiterates Market Perform on Netflix (NFLX) Following 3Q15 Earnings results

BMO Capital reiterated a Market Perform rating and $115.00 price target on Netflix (NASDAQ: NFLX), following the company's 3Q15 earnings results. EPS of $0.07 was slightly below consensus of $0.08.

Analyst Daniel Salmon commented, "EPS of $0.07 was in line with our estimate for 3Q15 and slightly below... More

RBC Capital Remains Bullish on Netflix (NFLX) Following 3Q Results

RBC Capital reiterated an Outperform rating and $140.00 price target on Netflix (NASDAQ: NFLX), following the company's 3Q earnings results. NFLX reported $1.74B in Revenue, and was just below the Street at $1.75B, while GAAP EPS of $0.07 matched the Street at $0.07.

Analyst Mark Mahaney... More

Netflix (NFLX) PT Bumped to $109 at Piper Jaffray

Piper Jaffray analyst Michael Olson reiterated a Neutral rating on Netflix (NASDAQ: NFLX) but bumped his price target to $109.00 (from $96.00) following results after the close.

Olson commented, "Netflix reported mixed Q3 sub adds, with domestic below and international subs above consensus. The company... More

Netflix (NFLX) PT Trimmed to $124 at Credit Suisse Following Results

Credit Suisse analyst S. Ju reiterated a Neutral rating and lowered its price target on Netflix (NASDAQ: NFLX) to $124.00 (from $130.00) following third quarter earnings after the close.

Ju commented, "Netflix reported 3Q15 earnings results with revenue and EPS at $1.738b/$0.07 short of CS and... More

Cowen Tweaks Ests on Netflix (NFLX) Following Q3 Results; Maintains at 'Outperform'

Cowen and Company affirms Netflix (Nasdaq: NFLX) with an Outperform rating and $154 price target following Q3 results issued Wednesday night.

Analyst John Blackledge noted that Netflix allueded to new chip-based credit cards as a key reason for U.S. subscriber growth miss... More

Netflix (NFLX) Neutral Rating Reiterated at Mizuho Securities Following Q3 Results

Mizuho Securities analyst Neil Doshi reiterated a Neutral rating and $115 price target on Netflix (NASDAQ: NFLX) following earnings after the close.

Doshi commented, "We reiterate our Neutral rating and $115 PT on NFLX. Shares traded down in AH (-3%) with the modest... More

Netflix (NFLX) Under Pressure as Domestic Numbers Miss But International Beats

Shares of Netflix (NASDAQ: NFLX) are seeing wild action after-hours Wednesday after posting third quarter results which missed Street estimates on the top and bottom-line. Notably, domestic subs missed the company's own guidance and Wall Street consensus but international beat on both. After... More

Netflix (NFLX) Posts Q3 EPS of 0.07; Net Streaming Subs Rose 3.62M

(Updated - October 14, 2015 4:07 PM EDT)

Netflix (NASDAQ: NFLX) reported Q3 EPS of $0.07, versus the analyst estimate of $0.08. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.75 billion.

Streaming subs rose 3.62 million, with paid memberships at 66.02 million.

Domestic subs rose 0.88 million and international rose 2.74 million.

Net streamig sub additions were 3.62 million.

Q3 Results and Q4 Forecast

*** Netflix sees Q4 EPS of $0.02, with the consensus at $0.04.

Global membership grew 3.62 million to 69.17 million members compared to prior year growth of 3.02 million, and a... More