On Oct 18, major Wall Street analysts update their ratings for $Netflix (NFLX.US)$, with price targets ranging from $550 to $925.
Morgan Stanley analyst Benjamin Swinburne maintains with a buy rating, and adjusts the target price from $820 to $830.
Goldman Sachs analyst Eric Sheridan maintains with a hold rating, and adjusts the target price from $659 to $705.
J.P. Morgan analyst Doug Anmuth maintains with a buy rating, and adjusts the target price from $750 to $850.
BofA Securities analyst Jessica Reif Ehrlich maintains with a buy rating, and adjusts the target price from $740 to $800.
Barclays analyst Kannan Venkateshwar maintains with a sell rating, and maintains the target price at $550.
Furthermore, according to the comprehensive report, the opinions of $Netflix (NFLX.US)$'s main analysts recently are as follows:
Netflix exhibited a robust performance in its third quarter, showcasing not only a strong revenue stream but also surpassing expectations with its operating income, earnings per share, and free cash flow. The company continues to stand out within the media sector and is anticipated to witness growth propelled by multiple factors. Among these is the swift expansion of its advertising business, which is projected to experience a significant increase by 2025 and contribute to sustained growth in the subsequent years.
Netflix's third-quarter results and fourth-quarter forecasts surpassed expectations, signaling 'another year of robust double-digit revenue growth and margin expansion,' according to an analyst. It is suggested that Netflix is well-positioned to maintain its status as the most extensive and rapidly expanding streaming service globally as it approaches 2025. The service has the potential to increase its earnings by 20%-30% each year over time by incorporating additional growth drivers, including paid sharing, advertisements, live content, and gaming.
Netflix's Q3 outcomes surpassed expectations with indications of ongoing double-digit revenue growth and margin expansion projected into 2025. Analyst commentary suggests that Netflix is poised to gain significantly from a more rational competitive landscape in streaming. It is also anticipated that Netflix's advertising subscriptions will achieve considerable scale by 2025.
Netflix continues to demonstrate robust financial performance with third-quarter revenue and operating income exceeding expectations, leading to more optimistic projections for revenue growth, operating margin, and free cash flow through 2024. The company has also offered a preliminary forecast for 2025 revenue, with an anticipated increase of 11%-13% and an expected operating margin of 28%. Netflix is highlighted as a primary selection for its ongoing strong financial results.
Netflix is acknowledged for its effective execution as evidenced by its Q3 earnings surpassing expectations. The company's long-term revenue growth outlook for 2025 appears promising, anticipated to be between 11%-13%. The integration with third-party demand partners bolsters the expectation of a 10% ad revenue mix by 2026. Furthermore, the significant content investment projected for 2025 is poised to attract more subscribers and reduce membership cancellations.
Here are the latest investment ratings and price targets for $Netflix (NFLX.US)$ from 24 analysts:
Note:
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