Citigroup Downgrades Netflix Stock on Fears of Lower Revenue, …

Jan 9, 2024 · Citigroup has downgraded Netflix stock from buy to neutral, citing risks in 2024 and 2025 related to revenue and higher cash content costs. The firm, which has a price target of …

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Netflix Cut To Hold At Citi On Fears Over Revenue And Spending

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Jan 9, 2024 · Netflix NFLX was downgraded to neutral from buy at Citi, which kept a $500 price target on the streaming giant. “First, we believe 2024 revenue estimates may be a tad too high.

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Netflix Stock Falls As Citi Cuts Rating On 'lofty' Expectations

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Jan 9, 2024 · Citi strategists lowered their rating on Netflix (NASDAQ: NFLX) today, causing shares to fall about 2% in pre-market trade. The streaming giant stock’s rating is cut from Buy …

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Analyst: Netflix Can't Meet Lofty Expectations

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Jan 9, 2024 · Down 1.7% in premarket trading, Netflix stock is on track to pull back from the $485 level after coming within in a chip shot of two-year highs. The security sported a marginal year …

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Citigroup Downgrades Netflix To Neutral From Buy, Price Target Is …

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Jan 9, 2024 · The group is also involved in DVD and Blu-ray leasing by mail. Net sales break down by type of revenue as follows: - streaming subscriptions revenues (99.8%); - DVD …

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Citi Downgrades Netflix, Says It's Hard To Top The 'Raging Bull'

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Jun 25, 2015 · In a report published Thursday, Citi analyst Mark May downgraded the rating on Netflix, Inc. (NASDAQ: NFLX ) from Buy to Neutral, with a $722 price target. The share price …

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Netflix Shares Down As Citigroup Downgrades To Nuetral

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Jun 25, 2015 · Shares of Netflix Inc. were down 1.2% in premarket trade Thursday, as analysts at Citigroup knocked the company down to a neutral rating from buy.

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Netflix Stock Falls As Citi Cuts Rating On 'lofty' Expectations

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Citi strategists lowered their rating on Netflix (NASDAQ: NFLX) today, causing shares to fall about 2% in pre-market trade. The streaming giant stock’s rating is cut from Buy to Neutral with …

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Citi Downgrades Netflix, But Wants You To Know They Still Love The …

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NetflixCiti has downgraded Netflix. In a note to clients on Thursday, analysts at Citi cut their rating on shares of Netflix to "Neutral" from "Buy," noting that the stock is now only 6% below its ...

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Netflix Downgraded By Citigroup — TradingView News

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Jan 10, 2024 · There are also concerns that the revenue growth expectations for 2024 may be overly optimistic. In addition, Citigroup analysts predict that Netflix's content investments in 2025 could exceed current estimates. Despite these concerns, Netflix's stock has seen a significant increase. Over the past 52 weeks, the stock has climbed 48%.

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FAQs about Citigroup Downgrades Netflix Stock on Fears of Lower Revenue, … Coupon?

Why did Citigroup downgrade Netflix stock?

Citigroup has downgraded Netflix stock from buy to neutral, citing risks in 2024 and 2025 related to revenue and higher cash content costs. ...

Why did Netflix stock fall 2% in pre-market trade?

Credit: © Reuters. Citi strategists lowered their rating on Netflix (NASDAQ: NFLX ) today, causing shares to fall about 2% in pre-market trade. The streaming giant stock’s rating is cut from Buy to Neutral with analysts citing “lofty expectations.” Concerns are raised regarding the optimistic expectations for Netflix in both 2024 and 2025. ...

Does Wall Street have 'lofty' expectations for Netflix?

Analyst Jason Bazinet argues Wall Street has "lofty" expectations for the streamer over the next two years The post Citigroup Downgrades Netflix Stock on Fears of Lower Revenue, Higher Content Costs in 2024 and 2025 appeared first on TheWrap. ...

Could Citigroup's cash pile give Netflix a big gaming acquisition?

Citigroup sees a potential profit squeeze but notes that the group's cash pile could give it ample firepower for a big gaming acquisition. Netflix ( NFLX) shares eased in early Tuesday trading after analysts at Citigroup lowered their rating on the stock, citing "lofty expectations" for the streaming-service giant. ...

Why did Netflix stock ease in early Tuesday trading?

Sign up now. Netflix shares eased in early Tuesday trading after analysts at Citigroup lowered their rating on the stock, citing 'lofty expectations' for the streaming-service giant. ...

Is Netflix a good stock to buy if Hollywood strikes over?

That led at least nine firms to downgrade Netflix’s stock, only for it to be praised as the dominant streamer by the turn of this new year. The Street is now singing Netflix’s praises, with BMO rating the stock an outperform, convinced that with the Hollywood strikes over, it will attract the best actors and writers in Hollywood. ...