Analysts revamp Netflix stock price targets after Q3 earnings surprise

Oct 20, 2024 · Netflix is looking to expand growth in its cheaper, ad-supported streaming options. ... Analysts revamp Netflix stock price targets after Q3 earnings surprise. Martin Baccardax ...

CouponFollow Extension

$6.99
OFF

Analysts Revisit Netflix Stock Price Targets As Q3 Earnings Loom

4 weeks from now

Oct 16, 2024 · Netflix, which hasn't changed its U.S. prices since 2022, charges $6.99 per month for the basic ad-tier subscription and $15.49 per month for its standard ad-free version. Netflix …

yahoo.com

$3.40
OFF

Analysts Revamp Netflix Stock Price Targets After Q3 Earnings Surprise

4 weeks from now

Oct 20, 2024 · Netflix shares surged after a strong Q3 earnings report, exceeding Wall Street's expectations with 5.1 million new subscribers and a profit of $3.40 per share. The company is …

longportapp.com

10%
OFF

Netflix 'Should Continue To Outperform': 6 Analysts On Streaming …

4 weeks from now

Oct 18, 2024 · NFLX Price Action: Netflix stock is up 10% to $758.43 on Friday versus a 52-week trading range of $392.26 to $761.87. Netflix stock is up 62% year-to-date in 2024. Netflix stock …

benzinga.com

15%
OFF

Analyst Resets Netflix Stock Price Target Ahead Of Squid Game 2

4 weeks from now

Dec 12, 2024 · For Q3 Netflix earned $5.40 a share, topping analysts’ forecast of $5.12. Revenue was up 15% to $$9.83 billion, beating the company’s guidance and Wall Street’s estimates.

yahoo.com

$659
OFF

Netflix Set To Capitalize On Ad-Supported Tier, Price Increase: …

4 weeks from now

Oct 14, 2024 · The Netflix Analysts: Goldman Sachs analyst Eric Sheridan reiterated a Neutral rating and raised the price target from $659 to $709. Macquarie analyst Tim Nollen reiterated …

benzinga.com

1%
OFF

Analysts Revamp Netflix Stock Price Targets After Q3 Earnings Surprise

4 weeks from now

Oct 21, 2024 · Netflix shares surged 11.1% after the company reported solid Q3 earnings, beating Wall Street's profit forecast with $5.40 a share and revenue of $9.83 billion, a 15.1% increase …

flipit.money

$5.11
OFF

Netflix Analyst Predicts Q3 Beat But Challenging 2025, Flags

4 weeks from now

Oct 15, 2024 · Consensus Call: Analysts, on average, expect Netflix to report earnings per share of $5.11 and revenue of $9.764 billion, according to Benzinga Pro data. This compares to the …

benzinga.com

$8.54
OFF

Netflix Analyst Re-Rates Stock Ahead Of Q3 Earnings Citing Margin ...

4 weeks from now

Oct 11, 2023 · The analyst doubts if existing ad-free users switch after not having ads. Farrell projects Q3 revenue of $8.54 billion and EPS of $3.49, in line with the consensus.

businessinsider.com

28%
OFF

Netflix Q3 Results Top Estimates, Stock Up In After-hours

4 weeks from now

Oct 17, 2024 · But in the after-hours trading the stock gained $29.40 or 4.28%. Revenues for the third quarter grew to $9.82 billion from $8.54 billion in the prior year. Analysts expected …

nasdaq.com

8%
OFF

Analysts Mostly Positive On Netflix Stock Before Q3 Report

4 weeks from now

Oct 8, 2024 · Anmuth rates Netflix stock as overweight with a price target of 750. Netflix Stock In Buy Zone On the stock market today , Netflix stock rose 2.8% to close at 721.76.

investors.com

$25
OFF

Analysts Maintain Rating On Netflix As Q3 Earnings Near; Anticipate ...

4 weeks from now

"We expect Netflix’s stock to trade higher on a U.S. price hike announcement, but we would expect shares to eventually trade lower as investor’s hopes for $25 in 2025 EPS are dashed," …

msn.com

$700
OFF

Why Netflix Stock (NFLX) Is Still Worth Buying As Q3 Earnings …

4 weeks from now

Oct 15, 2024 · Despite a hefty price tag of over $700, Netflix (NFLX) stock sports a Zacks Rank #2 (Buy) with the streaming giant's Q3 results approaching on Thursday, October 17.

zacks.com

FAQs about Analysts revamp Netflix stock price targets after Q3 earnings surprise Coupon?

How did Netflix perform in 3rd quarter?

Across Wall Street analysts see Netflix posting third-quarter earnings of $5.12 a share, a 37.3% increase from the same period last year, with revenues rising 14.4% to $9.77 billion. ...

How many subscribers did Netflix have in Q3?

In October, Netflix (NFLX) reported an increase of 5 million subscribers during the third quarter, surpassing Wall Street’s estimate of 4.5 million, according to StreetAccount data pulled by CNBC. Netflix had 282.7 million memberships in total as of Q3. For Q3 Netflix earned $5.40 a share, topping analysts’ forecast of $5.12. ...

Is Netflix optimistic about its future?

Netflix executives are feeling optimistic about the Los Gatos, Calif., company's future. In July Chief Financial Officer Spencer Adam Neumann told analysts that the streaming giant was "pleased with our performance in Q2." Analysts are updating their price targets and ratings for Netflix. Photo by Phil Barker/Future Publishing via Getty Images. ...

Will Netflix's stock trade higher on a US price hike?

"We expect Netflix’s stock to trade higher on a U.S. price hike announcement, but we would expect shares to eventually trade lower as investor’s hopes for $25 in 2025 EPS are dashed," Citi said. Oppenheimer has given NFLX an "outperform" rating and a price target of $775, hiked from $725, implying an upside of 6.5%. ...

Will ad-free streaming boost Netflix's financials?

While this shift upsets viewers who prefer ad-free streaming, it might boost Netflix’s financials. In October, Netflix (NFLX) reported an increase of 5 million subscribers during the third quarter, surpassing Wall Street’s estimate of 4.5 million, according to StreetAccount data pulled by CNBC. ...

How much will Netflix revenue grow in 2024?

Netflix expects revenue to grow 15% for both Q4 and full-year 2024. For 2025, Netflix forecasts revenue of $43 billion to $44 billion, representing growth of 11% to 13% from its 2024 revenue guidance of $38.9 billion, driven by an increase in paid memberships and average revenue per membership. ...