On Oct 19, 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.
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.
UBS analyst John Hodulik maintains with a buy rating, and adjusts the target price from $750 to $825.
Furthermore, according to the comprehensive report, the opinions of $Netflix (NFLX.US)$'s main analysts recently are as follows:
Netflix delivered robust third-quarter results, exceeding expectations not only in revenue but also in operating income, earnings per share, and free cash flow. The company stands out as one of the most favorably positioned in the media sector with multiple catalysts for growth. This includes the fast-paced expansion of its advertising business, which is anticipated to grow significantly by 2025 from its current modest beginnings, potentially spearheading growth for multiple years thereafter.
Netflix's third-quarter results and fourth-quarter projections surpassed expectations, leading to predictions of sustained robust double-digit revenue growth and margin expansion. An analyst highlighted that Netflix is set to maintain its status as the world's most extensive and rapidly expanding streaming service as it approaches 2025. The company is expected to increase earnings by 20%-30% annually over the long term by introducing additional growth mechanisms, including monetized account sharing, advertising, live content, and gaming.
Netflix's Q3 performance surpassed expectations, with projections indicating continued double-digit revenue growth and margin expansion by 2025. Analysts view Netflix as the primary beneficiary amidst a stabilizing streaming industry, and anticipate the company's advertising subscriber base to achieve significant scale by 2025.
Netflix continues to exhibit robust financial performance, with their third-quarter revenue and operating income surpassing expectations and leading to an improved forecast for revenue growth, operating margin, and free cash flow through 2024. Additionally, the company's early projection for 2025 revenue indicates a growth of 11%-13%, coupled with an anticipated operating margin of 28%. It's noted that Netflix maintains its position as a highly favored choice.
Following Netflix's third-quarter earnings surpassing expectations, analysts point out the company's record operating margin of 30% seems to be maintainable. The fourth-quarter forecast suggests significant growth potential in subscriber numbers, attributed to an exceptionally strong lineup of content and the implementation of selective price hikes, with anticipation of further increases.
Here are the latest investment ratings and price targets for $Netflix (NFLX.US)$ from 21 analysts:
Note:
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