How Long Will It Take For Netflix To Set Its House In Order? Netflix, Inc. (NASDAQ: NFLX) shocked Wall Street by reporting below-consensus first-quarter revenues and a loss of net paid subscribers. Benzinga · Apr 20, 2022
Read How Analysts Reacted To Google's Pact With Spotify Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) Google decided to allow Spotify Technology SA (NYSE:SPOT) and other app developers to offer users an alternative third-party payment option alongside Google Play's option. KeyBanc analyst Justin Patterson saw the move as a win for digital content providers. He viewed alternative payment options as a happy compromise that calmed regulators and… Benzinga · Mar 24, 2022
Can Netflix Return To Mid-To-High Teens Revenue Growth? These 2 Tests Will Tell Us Netflix Inc (NASDAQ: NFLX) has seen a marked slowdown in net subscriber additions amid competition from other streaming services. Benzinga · Mar 15, 2022
Here's Why Roku Plunged Below 52-Week Low Today Analysts slashed their price targets on Roku Inc (NASDAQ:ROKU) post Q4 results. Pivotal Research analyst Jeffrey Wlodarczak downgraded to Sell from Hold with a PT of $95, down from $350 (34.4% downside). The company reported an "overall mixed" Q4 as it issued a lower than forecast 2022 revenue outlook and decided to "massively ramp" operating expenses,… Benzinga · Feb 18, 2022
Twitter's Q4 Strong, But Company Needs Meaningful Revenue Growth: Analysts React To Earnings Social media platform Twitter Inc (NYSE: TWTR) reported fourth-quarter financial results Thursday. Analysts reacted with their takes on what the company's advertising and user numbers could mean for the future. Benzinga · Feb 11, 2022
Here's How KeyBanc Views Meta, Snap KeyBanc analyst Justin Patterson lowered the price target on Meta Platforms Inc (NASDAQ:FB) to $280 from $420 (16% upside) and kept an Overweight rating on the shares following quarterly results. The analyst notes measurement headwinds are clearly more significant than envisioned, and estimates reset materially. The positive is that Meta has historically managed these transitions before… Benzinga · Feb 3, 2022
Read How Analysts View Netflix Ahead Of Quarterly Results Analysts were divided on their opinions on Netflix Inc (NASDAQ:NFLX) ahead of its quarterly results this week. KeyBanc analyst Justin Patterson notes that Netflix's price increase was more significant than anticipated, which he believes implies a 1% lift to his/Street 2022 revenue. Nonetheless, the analyst has unchanged estimates due to the proximity of earnings,… Benzinga · Jan 18, 2022