Stocks expected to have increasing option volume: NFLX JBL PARA SONY JWN AXP

Netflix (NFLX) raised to Buy at Needham & Company on revenue upside

On Friday, Netflix (NASDAQ: NFLX) received an upgrade to 'Buy' from 'Hold' by Needham, with the firm setting a new price target of $700 for the streaming giant's stock. The upgrade follows Netflix's first-quarter earnings release, which showcased a revenue of $9.4 billion, marking a 15% year-over-year increase and surpassing estimates by 1%. The company's GAAP earnings per share (EPS) also rose significantly by 83% year-over-year to $5.28,... More

Netflix (NFLX) PT Raised to $505 at MoffettNathanson

MoffettNathanson analyst Michael Nathanson raised the price target on Netflix (NASDAQ: NFLX) to $505.00 (from $500.00) while maintaining a Neutral rating.

The analyst comments "In the pre-streaming age, media companies were bounded by the linear-ness of linear TV. Each network, in only being able to show... More

Barclays on Netflix (NFLX): 'Narrative shifting to a more conventional media story arc'

Barclays analyst Kannan Venkateshwar reiterated an Equalweight rating and $550.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "Sub growth remains strong: As was widely expected already, Netflixs subscriber growth came in strong at 9.3mm, one of the best Q1s ever outside of Covid impacted periods as paid sharing driven momentum continued into the quarter. The companys performance in the UCAN region, its most mature market, continues to be the standout with... More

Netflix (NFLX) PT Lowered to $540 at Rosenblatt

Rosenblatt analyst Barton Crockett lowered the price target on Netflix (NASDAQ: NFLX) to $540.00 (from $554.00) while maintaining a Neutral rating.

The analyst comments "Netflix's 1Q24 featured strength -- adding substantially more members than expected, accelerating revenue growth and beating margin guidance. But the... More

Netflix (NFLX) PT Raised to $726 at Wells Fargo, 'Our '25 EPS of $25 is +17% vs Street'

Wells Fargo analyst Steven Cahall raised the price target on Netflix (NASDAQ: NFLX) to $726.00 (from $650.00) while maintaining a Overweight rating.

The analyst comments "We think NFLX has significant op leverage and margin discretion, underpinned by strong rev growth. Upward revisions are the... More