Barclays analyst Kannan Venkateshwar maintains $Netflix (NFLX.US)$ with a sell rating, and maintains the target price at $550.
According to TipRanks data, the analyst has a success rate of 58.3% and a total average return of 8.7% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Netflix (NFLX.US)$'s main analysts recently are as follows:
Netflix reported 'solid' Q3 results, which included not only a robust topline performance but also surpassed expectations in operating income, EPS, and free cash flow. The company is considered to be exceptionally well-positioned within the media sector and possesses multiple catalysts for growth. Notably, the rapidly expanding advertising business is anticipated to see a twofold increase by 2025 from a modest beginning, and it's projected to sustain multi-year growth into 2026 and subsequent years.
The third-quarter results and fourth-quarter forecasts for Netflix surpassed projections, with expectations set for sustained robust double-digit revenue growth and further margin improvements. Analysts highlight that Netflix is well-positioned to maintain its status as the world's preeminent and most rapidly expanding streaming service heading into 2025. The company is anticipated to consistently elevate earnings by 20%-30% annually over time through the implementation of additional growth drivers, including monetized account sharing, an advertising tier, live content, and gaming initiatives.
Netflix's third-quarter performance surpassed expectations, hinting at continued double-digit revenue growth and margin expansion projected through 2025. The company is positioned to primarily benefit from a more rationalized streaming competition landscape. It is anticipated that Netflix's advertising subscriber base will achieve significant scale by 2025.
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