J.P. Morgan analyst Doug Anmuth maintains $Netflix (NFLX.US)$ with a buy rating, and maintains the target price at $750.
According to TipRanks data, the analyst has a success rate of 61.7% and a total average return of 18.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Netflix (NFLX.US)$'s main analysts recently are as follows:
Netflix's valuation, which is considered premium, hinges on the expectation that revenue growth will persist in the low-double-digits for a considerable duration. It's anticipated that maintaining this trajectory will become increasingly challenging, and that any growth strategy may involve certain compromises. Achieving the revenue targets might still result in a valuation that assumes a subscriber count more than double the current figures, which appears to be an improbable outcome.
The firm anticipates that Netflix will report third-quarter net member additions surpassing consensus expectations, influenced by ongoing benefits from paid sharing, the momentum of advertising-based video on demand, and the inherent robustness of the business.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
