Jefferies Bullish on Netflix with $655 Price Target and Buy Rating
Jefferies Sets Optimistic Price Target for Netflix (NFLX:NASDAQ)
On May 2, 2024, James Heaney of Jefferies set a price target of $655 for Netflix, indicating a potential upside of approximately 15.9% from its price at the time of the announcement, which was $565.15. This assessment was shared alongside a "Buy" rating for Netflix, as reported by TheFly. For more details, you can access the full report here. This optimistic outlook from Jefferies comes at a time when Netflix is seen as being overlooked by the market, despite its positive earnings results and strategic initiatives aimed at growth and differentiation.
Netflix's journey on Wall Street has been marked by its evolution and strategic shifts to maintain its competitive edge. The company's focus on expanding its presence in the Latin American entertainment content market and its heavy investment in original content are bold moves aimed at differentiating and strengthening its offerings. These efforts are part of Netflix's broader strategy to not just compete but lead in the crowded streaming space. Despite these positive developments, Netflix experienced a notable setback on April 19, when its stock price dropped by 9.1% following the announcement of its first-quarter financial results for 2024. This decline occurred despite the company's positive earnings report, highlighting the current challenging sentiment towards Netflix stock among investors.
The fluctuation in Netflix's stock price, with a recent increase of 2.44% to $565.15, reflects the volatile nature of the market's perception towards the company. The stock's movement between a low of $555.59 and a high of $565.46 on the day of the announcement, and its range from a low of $317.95 to a high of $639 over the past year, showcases the dynamic and sometimes unpredictable nature of stock market investments. With a market capitalization of approximately $243.56 billion and a trading volume of about 2.84 million shares, Netflix remains a significant player in the market, despite the recent challenges.
The "Buy" rating and price target set by James Heaney of Jefferies suggest a belief in Netflix's long-term growth potential and its ability to overcome current market challenges. This perspective encourages growth-minded investors to adopt a contrarian stance, seeing the recent setbacks as opportunities rather than deterrents. The strategic focus on content differentiation and market expansion, coupled with the company's solid financial performance, positions Netflix as a potentially lucrative investment for those looking beyond the immediate market sentiment.
| Symbol | Price | %chg |
|---|---|---|
| MSIN.JK | 520 | -0.96 |
| FILM.JK | 2030 | 3.94 |
| CNMA.JK | 158 | 1.9 |
| 352820.KS | 290500 | -4.99 |
Netflix Inc. (NASDAQ:NFLX) Stock Update: JPMorgan Downgrade Amidst Fluctuations
Netflix Inc. (NASDAQ:NFLX) is a leading streaming service provider, offering a wide range of TV shows, movies, and original content to subscribers worldwide. The company has revolutionized the entertainment industry with its on-demand streaming model. Netflix faces competition from other streaming giants like Amazon Prime Video, Disney+, and Hulu.
On May 17, 2025, Rob Bresnahan engaged in a sale transaction involving Netflix shares valued between $1,001 and $15,000. This transaction comes at a time when Netflix's stock is experiencing fluctuations. Recently, Netflix shares declined by over 2.3% in premarket trading, as highlighted by a downgrade from JPMorgan.
JPMorgan adjusted its rating for Netflix from "overweight" to "neutral," despite raising its price target from $1,150 to $1,220. This new target indicates a potential upside of 2.38% from the last closing price of $1,191.53. The current stock price of Netflix is approximately $1,186.93, reflecting a decrease of about 0.39% or $4.61.
Today, Netflix's stock has fluctuated between a low of $1,170.29 and a high of $1,191.31. Over the past year, the stock has reached a high of $1,196.50 and a low of $587.04. The company's market capitalization is approximately $505.1 billion, with a trading volume of 1,487,223 shares on the NASDAQ.
Netflix Inc. (NASDAQ:NFLX) Stock Sale and Momentum Investing Insights
- Rob Bresnahan engaged in a sale transaction of Netflix Inc. (NASDAQ:NFLX) shares, valued between $1,001 and $15,000.
- Netflix's Momentum Style Score of B suggests a strong upward trend in its stock price, indicating potential for further gains.
- The stock's average brokerage recommendation (ABR) is 1.61, with 66.7% of brokerage firms rating Netflix as a Strong Buy.
On May 17, 2025, Rob Bresnahan engaged in a sale transaction involving shares of Netflix Inc. (NASDAQ:NFLX), with the transaction valued between $1,001 and $15,000. Netflix, a leading streaming service provider, is known for its vast library of movies and TV shows. It competes with other streaming giants like Amazon Prime Video and Disney+.
Netflix is currently a strong contender for momentum investors, as highlighted by Zacks Investment Research. Momentum investing involves buying stocks that have shown an upward trend, with the expectation that they will continue to rise. Netflix's Momentum Style Score of B indicates a robust trend in its stock price, suggesting potential for further gains.
Wall Street analysts are optimistic about Netflix's prospects. The stock's average brokerage recommendation (ABR) is 1.61, indicating a position between Strong Buy and Buy. Out of 45 brokerage firms, 30 have rated Netflix as a Strong Buy, accounting for 66.7% of all recommendations. This positive sentiment can influence investor decisions and potentially drive the stock price higher.
Top mutual funds have also shown increased interest in Netflix, as reported by Investors Business Daily. This surge in buying activity reflects strong confidence in Netflix's future performance among leading investors. Alongside Netflix, other stocks like DoorDash and Palantir have also attracted significant attention from these influential funds.
Despite a recent decrease of 2.49% in its stock price, Netflix remains a significant player in the market. The stock's current price is $1,111.81, with a market capitalization of approximately $473.15 billion. Over the past year, Netflix's stock has fluctuated between a high of $1,164 and a low of $587.04, indicating its dynamic nature in the market.
Netflix Inc. (NASDAQ:NFLX) Stock Sale and Momentum Investing Insights
- Rob Bresnahan engaged in a sale transaction of Netflix Inc. (NASDAQ:NFLX) shares, valued between $1,001 and $15,000.
- Netflix's Momentum Style Score of B suggests a strong upward trend in its stock price, indicating potential for further gains.
- The stock's average brokerage recommendation (ABR) is 1.61, with 66.7% of brokerage firms rating Netflix as a Strong Buy.
On May 17, 2025, Rob Bresnahan engaged in a sale transaction involving shares of Netflix Inc. (NASDAQ:NFLX), with the transaction valued between $1,001 and $15,000. Netflix, a leading streaming service provider, is known for its vast library of movies and TV shows. It competes with other streaming giants like Amazon Prime Video and Disney+.
Netflix is currently a strong contender for momentum investors, as highlighted by Zacks Investment Research. Momentum investing involves buying stocks that have shown an upward trend, with the expectation that they will continue to rise. Netflix's Momentum Style Score of B indicates a robust trend in its stock price, suggesting potential for further gains.
Wall Street analysts are optimistic about Netflix's prospects. The stock's average brokerage recommendation (ABR) is 1.61, indicating a position between Strong Buy and Buy. Out of 45 brokerage firms, 30 have rated Netflix as a Strong Buy, accounting for 66.7% of all recommendations. This positive sentiment can influence investor decisions and potentially drive the stock price higher.
Top mutual funds have also shown increased interest in Netflix, as reported by Investors Business Daily. This surge in buying activity reflects strong confidence in Netflix's future performance among leading investors. Alongside Netflix, other stocks like DoorDash and Palantir have also attracted significant attention from these influential funds.
Despite a recent decrease of 2.49% in its stock price, Netflix remains a significant player in the market. The stock's current price is $1,111.81, with a market capitalization of approximately $473.15 billion. Over the past year, Netflix's stock has fluctuated between a high of $1,164 and a low of $587.04, indicating its dynamic nature in the market.
Guggenheim Maintains "Buy" Rating for Netflix (NASDAQ:NFLX) with Increased Price Target
- Guggenheim has raised its price target for Netflix (NASDAQ:NFLX) from $1,100 to $1,150, maintaining a "Buy" rating.
- Netflix's current stock price is $987.45, indicating a recent increase of approximately 1.48% or $14.42.
- The company's market capitalization stands at approximately $422.39 billion, with a trading volume of 2,782,153 shares on the NASDAQ.
On April 18, 2025, Guggenheim maintained its "Buy" rating for Netflix (NASDAQ:NFLX), with the stock trading at $973.03. Guggenheim raised its price target for Netflix from $1,100 to $1,150, as highlighted by TheFly. Netflix is a major player in the streaming industry, competing with companies like Disney+ and Amazon Prime Video.
Netflix has recently gained significant attention on Zacks.com, indicating strong investor interest. This suggests that investors are eager to understand Netflix's future prospects. As a leader in streaming, any strategic changes or financial results from Netflix could significantly impact its stock performance.
Currently, Netflix's stock price is $987.45, marking an increase of approximately 1.48% or $14.42. Today, the stock has fluctuated between $983 and $1,017.82. Over the past year, Netflix's stock has seen a high of $1,064.50 and a low of $542.01, showcasing its volatility.
Netflix's market capitalization is approximately $422.39 billion, reflecting its substantial size in the industry. Today's trading volume on the NASDAQ is 2,782,153 shares, indicating active investor engagement. This level of trading activity underscores the market's keen interest in Netflix's performance and future developments.
Guggenheim Maintains "Buy" Rating for Netflix (NASDAQ:NFLX) with Increased Price Target
- Guggenheim has raised its price target for Netflix (NASDAQ:NFLX) from $1,100 to $1,150, maintaining a "Buy" rating.
- Netflix's current stock price is $987.45, indicating a recent increase of approximately 1.48% or $14.42.
- The company's market capitalization stands at approximately $422.39 billion, with a trading volume of 2,782,153 shares on the NASDAQ.
On April 18, 2025, Guggenheim maintained its "Buy" rating for Netflix (NASDAQ:NFLX), with the stock trading at $973.03. Guggenheim raised its price target for Netflix from $1,100 to $1,150, as highlighted by TheFly. Netflix is a major player in the streaming industry, competing with companies like Disney+ and Amazon Prime Video.
Netflix has recently gained significant attention on Zacks.com, indicating strong investor interest. This suggests that investors are eager to understand Netflix's future prospects. As a leader in streaming, any strategic changes or financial results from Netflix could significantly impact its stock performance.
Currently, Netflix's stock price is $987.45, marking an increase of approximately 1.48% or $14.42. Today, the stock has fluctuated between $983 and $1,017.82. Over the past year, Netflix's stock has seen a high of $1,064.50 and a low of $542.01, showcasing its volatility.
Netflix's market capitalization is approximately $422.39 billion, reflecting its substantial size in the industry. Today's trading volume on the NASDAQ is 2,782,153 shares, indicating active investor engagement. This level of trading activity underscores the market's keen interest in Netflix's performance and future developments.
Netflix (NASDAQ:NFLX) Receives New Price Target from Guggenheim
- Michael Morris from Guggenheim sets a new price target for Netflix (NASDAQ:NFLX) at $1,150, indicating an 18.19% potential increase.
- Netflix demonstrates strong performance in Q1, with earnings of $6.61 per share and sales of $10.54 billion.
- The company shows resilience amid economic challenges, with no significant impact from tariffs and trade disputes.
On April 18, 2025, Michael Morris from Guggenheim set a new price target for Netflix (NASDAQ:NFLX) at $1,150. At the time of this announcement, Netflix's stock price was $973.03. This new target represents an 18.19% increase from the current price. Netflix is a leading streaming service provider, competing with companies like Disney+ and Amazon Prime Video.
Netflix is showing resilience amid economic challenges, as highlighted by its strong first-quarter performance. Following the release of its Q1 report, Netflix's stock surged in after-hours trading. Co-Chief Executive Greg Peters stated that the company has not experienced any significant impact from economic disruptions caused by tariffs and trade disputes.
Peters noted that there have been no substantial changes in subscriber churn or downgrades in service plans. Netflix is closely monitoring consumer sentiment and the broader economic landscape, but currently, there is nothing significant to report. The company's low-cost, advertising-supported service plan could provide additional resilience if the macroeconomic environment deteriorates.
In the first quarter, Netflix reported earnings of $6.61 per share, marking a 25% increase year over year, with sales reaching $10.54 billion, up 12.5%. The stock is poised to break out from a double-bottom base if the after-hours gains continue into Monday. The current price of Netflix is $973.03, reflecting an increase of 1.19% or $11.40.
Today, the stock has traded between a low of $956 and a high of $984.70. Over the past year, Netflix has seen a high of $1,064.50 and a low of $542.01. The company's market capitalization stands at approximately $416.22 billion. Today's trading volume for Netflix on the NASDAQ is 7.46 million shares.
Netflix (NASDAQ:NFLX) Receives New Price Target from Guggenheim
- Michael Morris from Guggenheim sets a new price target for Netflix (NASDAQ:NFLX) at $1,150, indicating an 18.19% potential increase.
- Netflix demonstrates strong performance in Q1, with earnings of $6.61 per share and sales of $10.54 billion.
- The company shows resilience amid economic challenges, with no significant impact from tariffs and trade disputes.
On April 18, 2025, Michael Morris from Guggenheim set a new price target for Netflix (NASDAQ:NFLX) at $1,150. At the time of this announcement, Netflix's stock price was $973.03. This new target represents an 18.19% increase from the current price. Netflix is a leading streaming service provider, competing with companies like Disney+ and Amazon Prime Video.
Netflix is showing resilience amid economic challenges, as highlighted by its strong first-quarter performance. Following the release of its Q1 report, Netflix's stock surged in after-hours trading. Co-Chief Executive Greg Peters stated that the company has not experienced any significant impact from economic disruptions caused by tariffs and trade disputes.
Peters noted that there have been no substantial changes in subscriber churn or downgrades in service plans. Netflix is closely monitoring consumer sentiment and the broader economic landscape, but currently, there is nothing significant to report. The company's low-cost, advertising-supported service plan could provide additional resilience if the macroeconomic environment deteriorates.
In the first quarter, Netflix reported earnings of $6.61 per share, marking a 25% increase year over year, with sales reaching $10.54 billion, up 12.5%. The stock is poised to break out from a double-bottom base if the after-hours gains continue into Monday. The current price of Netflix is $973.03, reflecting an increase of 1.19% or $11.40.
Today, the stock has traded between a low of $956 and a high of $984.70. Over the past year, Netflix has seen a high of $1,064.50 and a low of $542.01. The company's market capitalization stands at approximately $416.22 billion. Today's trading volume for Netflix on the NASDAQ is 7.46 million shares.
