Streaming Tv Surges To High In June, With Netflix (NFLX) Leading Way - Bloomberg, Citing Nielsen

Netflix earnings preview

Netflix (NASDAQ: NFLX) is set to report its second-quarter 2024 results after the close on July 18, and analysts from Citi and TD Cowen have provided their insights and expectations.

Citi: Citi remains cautious despite the stock's impressive year-to-date performance, up approximately 45%. They maintain a Neutral rating with a $660 target price.

Citi anticipates Netflix will report net additions "modestly ahead of sell-side estimates but modestly below investor expectations," forecasting around 5.5... More

Rosenblatt Cautious on Netflix (NFLX): 'Data suggests US slowdown'

Rosenblatt analyst Barton Crockett reiterated a Neutral rating and $554.00 price target on Netflix (NASDAQ: NFLX)

The analyst comments "Data suggests US slowdown -- When we review US weekly minutes for Netflix shows in the Nielsen US top 10, we see a 5% Y/Y decline... More

Netflix (NFLX) PT Raised to $735 at Guggenheim

Guggenheim analyst Michael Morris raised the price target on Netflix (NASDAQ: NFLX) to $735.00 (from $700.00) while maintaining a Buy rating.

The analyst comments "Netflix is the streaming leader and the market treats the stock accordingly. What dont we know yet? What makes it go higher or lower? Member... More

Barclays Agrees With Consensus Positive Sentiment on Netflix (NFLX)

Barclays Agrees With Consensus Positive Sentiment on Netflix (NASDAQ: NFLX)

The analyst comments "Netflix appears to be on course to beat subscriber expectations significantly again in 2Q and the stock seems to have reacted to that already. The fact that sub trends remain a driver of the stock is a bit surprising given the lack of correlation between sub growth and revenue growth as seen last year as a record sub growth year ex COVID coincided with one of the slowest revenue growth years for Netflix. The... More