A number of research firms have changed their ratings and price targets for Netflix (NASDAQ: NFLX):

  • 12/6/2017 – Netflix is now covered by analysts at Evercore ISI. They set an “in-line” rating and a $210.00 price target on the stock.
  • 12/4/2017 – Netflix is now covered by analysts at Monness Crespi & Hardt. They set a “buy” rating and a $250.00 price target on the stock.
  • 12/2/2017 – Netflix was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 12/1/2017 – Netflix had its price target raised by analysts at Bank of America Corp from $225.00 to $199.00. They now have a “buy” rating on the stock.
  • 11/30/2017 – Netflix had its price target raised by analysts at MKM Partners from $230.00 to $245.00. They now have a “buy” rating on the stock.
  • 11/29/2017 – Netflix was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $211.28 price target on the stock.
  • 11/28/2017 – Netflix was given a new $250.00 price target on by analysts at Goldman Sachs Group Inc. They now have a “buy” rating on the stock.
  • 11/21/2017 – Netflix was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Netflix’s growing subscriber base is the primary factor that helps it generate significant revenues.  The company’s investments in regional programming help it to draw more international subscribers. The company remains confident of adding more subscribers as the trend of binge viewing is catching up fast. Netflix now has 109.3 million subscribers globally. We believe continuing subscriber addition and expanding content portfolio are the key catalysts that will help Netflix to sustain growth going forward. In the past one year, Netflix shares have vastly outperformed the industry. However, higher investments on original/acquired content will continue to hurt profitability, at least in the near term. Stringent competition from other well-established players also poses a major concern.”
  • 11/20/2017 – Netflix was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $219.00 price target on the stock. According to Zacks, “Netflix’s growing subscriber base is the primary factor that helps it generate significant revenues.  The company’s investments in regional programming help it to draw more international subscribers. The company remains confident of adding more subscribers as the trend of binge viewing is catching up fast. Netflix now has 109.3 million subscribers globally. We believe continuing subscriber addition and expanding content portfolio are the key catalysts that will help Netflix to sustain growth going forward. In the past one year, Netflix shares have vastly outperformed the industry. However, higher investments on original/acquired content will continue to hurt profitability, at least in the near term. Stringent competition from other well-established players also poses a major concern.”
  • 11/15/2017 – Netflix was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Netflix’s growing subscriber base is the primary factor that helps it generate significant revenues.  The company’s investments in regional programming help it to draw more international subscribers. The company remains confident of adding more subscribers as the trend of binge viewing is catching up fast. Netflix now has 109.3 million subscribers globally. We believe continuing subscriber addition and expanding content portfolio are the key catalysts that will help Netflix to sustain growth going forward. In the past one year, Netflix shares have vastly outperformed the industry. However, higher investments on original/acquired content will continue to hurt profitability, at least in the near term. International expansion and content additions also resulted in cost escalations in the form of technology investments and marketing expenses. Stringent competition from other well-established players also poses a major concern.”
  • 11/1/2017 – Netflix had its “neutral” rating reaffirmed by analysts at B. Riley.
  • 10/26/2017 – Netflix had its “buy” rating reaffirmed by analysts at Loop Capital. They now have a $237.00 price target on the stock.
  • 10/19/2017 – Netflix had its “neutral” rating reaffirmed by analysts at Needham & Company LLC.
  • 10/19/2017 – Netflix was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $210.19 price target on the stock.
  • 10/18/2017 – Netflix had its “hold” rating reaffirmed by analysts at Wedbush. They now have a $190.00 price target on the stock, up previously from $180.00.
  • 10/18/2017 – Netflix was given a new $132.00 price target on by analysts at Societe Generale. They now have a “sell” rating on the stock.
  • 10/18/2017 – Netflix had its price target raised by analysts at Stifel Nicolaus from $230.00 to $235.00. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix had its price target raised by analysts at Buckingham Research from $214.00 to $235.00. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $230.00 price target on the stock.
  • 10/17/2017 – Netflix had its price target raised by analysts at Bank of America Corp from $199.00 to $225.00.
  • 10/17/2017 – Netflix had its price target raised by analysts at Piper Jaffray Companies to $240.00. They now have an “overweight” rating on the stock.
  • 10/17/2017 – Netflix was given a new $235.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix was given a new $242.00 price target on by analysts at J P Morgan Chase & Co. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix was given a new $200.00 price target on by analysts at Macquarie. They now have a “neutral” rating on the stock.
  • 10/17/2017 – Netflix was given a new $235.00 price target on by analysts at Atlantic Securities. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix was given a new $209.00 price target on by analysts at Credit Suisse Group AG. They now have a “neutral” rating on the stock.
  • 10/17/2017 – Netflix had its “neutral” rating reaffirmed by analysts at Robert W. Baird. They now have a $190.00 price target on the stock, up previously from $175.00.
  • 10/17/2017 – Netflix was given a new $235.00 price target on by analysts at Cantor Fitzgerald. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix had its “outperform” rating reaffirmed by analysts at CIBC. They now have a $245.00 price target on the stock, up previously from $215.00.
  • 10/17/2017 – Netflix had its price target raised by analysts at Loop Capital from $228.00 to $242.00. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $205.00 price target on the stock, up previously from $195.00.
  • 10/17/2017 – Netflix had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $237.00 price target on the stock, up previously from $225.00.
  • 10/17/2017 – Netflix had its price target raised by analysts at Oppenheimer Holdings Inc. from $215.00 to $245.00. They now have an “outperform” rating on the stock.
  • 10/17/2017 – Netflix had its price target raised by analysts at Pivotal Research from $200.00 to $270.00. They now have a “buy” rating on the stock.
  • 10/17/2017 – Netflix had its price target raised by analysts at Royal Bank Of Canada from $210.00 to $250.00. They now have an “outperform” rating on the stock.
  • 10/17/2017 – Netflix had its “buy” rating reaffirmed by analysts at FBR & Co. They now have a $207.00 price target on the stock, up previously from $172.00.
  • 10/17/2017 – Netflix was given a new $93.00 price target on by analysts at Wedbush. They now have a “sell” rating on the stock.
  • 10/17/2017 – Netflix was given a new $190.00 price target on by analysts at Jefferies Group LLC. They now have a “neutral” rating on the stock.
  • 10/16/2017 – Netflix was given a new $175.00 price target on by analysts at SunTrust Banks, Inc.. They now have a “hold” rating on the stock.
  • 10/16/2017 – Netflix had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $225.00 price target on the stock.
  • 10/16/2017 – Netflix is now covered by analysts at Aegis. They set a “hold” rating and a $200.00 price target on the stock.
  • 10/13/2017 – Netflix was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $219.00 price target on the stock. According to Zacks, “Netflix is benefitting from its focus on original programming and international expansion.  The strength in content portfolio will help it to gain more subscribers across the globe. Going ahead, the company expects to add 0.75 million subscribers in the domestic streaming segment and 3.65 million subscribers in the international segment in the third quarter. The company’s efforts to attract viewers through investing in more regional programming should also boost user base. Plus, the company expects to report profits from International operations in the third quarter. In the past one year, Netflix shares have vastly outperformed the industry. Estimates have remained stable ahead of the upcoming earnings release. But, investments in original/acquired content remain a drag on profitability.”
  • 10/13/2017 – Netflix had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co. They now have a $225.00 price target on the stock, up previously from $210.00.
  • 10/13/2017 – Netflix had its “buy” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a $235.00 price target on the stock, up previously from $200.00.
  • 10/13/2017 – Netflix had its price target raised by analysts at Citigroup Inc. from $180.00 to $205.00. They now have a “neutral” rating on the stock.
  • 10/12/2017 – Netflix was given a new $230.00 price target on by analysts at Sanford C. Bernstein. They now have a “buy” rating on the stock.
  • 10/12/2017 – Netflix was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Netflix is benefitting from its focus on original programming and international expansion.  The strength in content portfolio will help it to gain more subscribers across the globe. Going ahead, the company expects to add 0.75 million subscribers in the domestic streaming segment and 3.65 million subscribers in the international segment in the third quarter. The company’s efforts to attract viewers through investing in more regional programming should also boost user base. Plus, the company expects to report profits from International operations in the third quarter. In the past one year, Netflix shares have vastly outperformed the industry. Estimates have remained stable ahead of the upcoming earnings release. But, investments in original/acquired content remain a drag on profitability.”
  • 10/12/2017 – Netflix had its “buy” rating reaffirmed by analysts at Cowen Inc. They now have a $215.00 price target on the stock.
  • 10/12/2017 – Netflix had its price target raised by analysts at Stifel Nicolaus from $200.00 to $230.00. They now have a “buy” rating on the stock.
  • 10/11/2017 – Netflix had its price target raised by analysts at Morgan Stanley from $210.00 to $225.00. They now have an “overweight” rating on the stock.
  • 10/10/2017 – Netflix had its “hold” rating reaffirmed by analysts at Argus.
  • 10/9/2017 – Netflix had its “buy” rating reaffirmed by analysts at MKM Partners. They now have a $230.00 price target on the stock.
  • 10/9/2017 – Netflix had its “buy” rating reaffirmed by analysts at Buckingham Research. They now have a $214.00 price target on the stock.
  • 10/9/2017 – Netflix had its price target raised by analysts at Loop Capital from $212.00 to $228.00. They now have a “buy” rating on the stock.
  • 10/8/2017 – Netflix had its “underperform” rating reaffirmed by analysts at Wedbush. They now have a $180.00 price target on the stock, up previously from $165.00.

Shares of Netflix, Inc. (NASDAQ:NFLX) traded up $0.77 during trading hours on Thursday, reaching $186.07. The company’s stock had a trading volume of 2,298,820 shares, compared to its average volume of 6,663,598. The company has a quick ratio of 1.20, a current ratio of 1.20 and a debt-to-equity ratio of 1.47. The company has a market capitalization of $79,713.40, a PE ratio of 186.07, a price-to-earnings-growth ratio of 5.47 and a beta of 1.33. Netflix, Inc. has a 52-week low of $121.73 and a 52-week high of $204.38.

Netflix (NASDAQ:NFLX) last posted its quarterly earnings results on Monday, October 16th. The Internet television network reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.03). The firm had revenue of $2.99 billion during the quarter, compared to the consensus estimate of $2.97 billion. Netflix had a net margin of 4.04% and a return on equity of 14.56%. Netflix’s revenue was up 30.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.12 EPS. equities research analysts forecast that Netflix, Inc. will post 1.26 earnings per share for the current fiscal year.

In related news, insider Jonathan Friedland sold 3,617 shares of Netflix stock in a transaction that occurred on Tuesday, October 17th. The stock was sold at an average price of $203.35, for a total value of $735,516.95. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Reed Hastings sold 75,467 shares of Netflix stock in a transaction that occurred on Wednesday, September 20th. The shares were sold at an average price of $185.02, for a total value of $13,962,904.34. Following the completion of the sale, the chief executive officer now directly owns 75,467 shares in the company, valued at approximately $13,962,904.34. The disclosure for this sale can be found here. Insiders sold 323,935 shares of company stock worth $62,565,812 in the last three months. Insiders own 4.90% of the company’s stock.

Netflix, Inc is a provider an Internet television network. The Company operates through three segments: Domestic streaming, International streaming and Domestic DVD. The Domestic streaming segment includes services that streams content to its members in the United States. The International streaming segment includes services that streams content to its members outside the United States.

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