Oppenheimer Maintains Netflix (NASDAQ:NFLX) Outperform rating with a $415 price target

Oppenheimer analyst Jason Helfstein noted that Netflix (NASDAQ:NFLX) shares are down 22 percent from their highs since the fourth quarter of last year, as the stock is now at an attractive level due to concerns about higher churn and slower ad placement due to password sharing. Netflix’s engagement trend in the first quarter was weaker … Read more

Netflix (NASDAQ:NFLX) Cut Subscription Prices by Up to 50% in More Than 100 Countries

Netflix (NASDAQ:NFLX) has cut prices for streaming services in more than 100 countries, mostly in low-income areas with relatively few subscribers. A Netflix spokesperson said: “We are always looking at ways to improve the member experience. You can confirm that we are updating subscription plan pricing in select countries. According to independent research firm Ampere … Read more

Needham: Downgrade Netflix (NASDAQ:NFLX) FY2023 Expectations Maintain Hold rating

Needham: Downgrade Netflix (NASDAQ:NFLX)  FY2023 Expectations Maintain Hold rating

2022.12.22 Needham analyst Laura Martin maintains support for Netflix (NASDAQ:NFLX) lowered its FY23 EPS forecast to $9.31 from $11.57 and lowered its revenue forecast to $33.4 billion from $35.8 billion. Analysts said in a research note that the company’s peak users may have passed, as churn rates are rising across all OTT providers. Martin added … Read more