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What To Make Of Netflix's Q2 Earnings, Subscriber Growth And Valuation
Friday, July 17, 2020 - 9:40am | 856Read More...Netflix Inc (NASDAQ: NFLX) shares traded down on Friday after the streaming video giant missed the market with its second-quarter earnings report on Thursday afternoon. Netflix reported EPS of $1.59, missing analyst expectations of $1.81. Revenue for the quarter was $6.15 billion, ahead...
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Spotify Hits 100M Premium Subs; Buckingham Sees 20% Upside
Monday, April 29, 2019 - 9:39am | 761Read More...Music streaming service Spotify Technology SA (NYSE: SPOT) reported first-quarter results Monday before the market open. The Headline Numbers Spotify's first-quarter EPS loss of 88 cents missed the consensus estimate for a 39-cent loss, while sales of $1.69 billion beat the $1.66-...
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Netflix Analysts Have Wide-Ranging Reactions To Q1 Report
Wednesday, April 17, 2019 - 12:30pm | 691Read More...The analysts covering Netflix Inc. (NASDAQ; NFLX) stock this week are much like a big family trying to figure out what to watch on the streaming service. Some are leaning strongly Bull (Durham) and a few are vociferously arguing for (Paddington) Bear. In between, there's some romance...
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Strong 'Apex' Release Continues To Boost EA Shares, Sell-Side Has Mixed Reaction
Monday, February 11, 2019 - 10:32am | 530Read More...Electronic Arts Inc. (NASDAQ: EA) is enjoying a strong rebound thanks to a successful launch of its new "Apex Legends" battle royale game with hopes of competing with "Fortnite." But analysts had mixed opinions Monday on if and how much the game will boost EA investors...
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The 'Fortnite' Impact: Gaming Companies Lose To Popular Battle Royale Title
Wednesday, February 6, 2019 - 3:49pm | 707Read More...Game makers are in a battle royale for players’ time — and while the well-known traditional companies are still in the fight, they’re having trouble competing against "Fortnite." Two big game companies this week reported soft earnings and tepid expectations for what...
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Is It Time To Hit Restart On EA's Stock After Tough Quarter? The Street Debates What's Next
Wednesday, February 6, 2019 - 11:29am | 733Read More...Video game maker Electronic Arts Inc. (NASDAQ: EA) reported Tuesday afternoon with fiscal third-quarter results that CEO Andrew Wilson acknowledged "did not perform to our expectations." Here's how the Street's analysts reacted to the quarterly print and guidance....
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The Street Breaks Down What's Next For Netflix After Price Hike
Wednesday, January 16, 2019 - 2:21pm | 580Read More...Netflix, Inc. (NASDAQ: NFLX) customers will be paying as much as 18 percent more for their streaming video subscription and Street analysts were mostly optimistic on the move. What Benefit Will It Bring? Netflix's announced a price increase of 13 percent to 18 percent depending on the...
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From Bearish To Bullish: Buckingham Upgrades Netflix
Monday, November 5, 2018 - 3:10pm | 399Read More...The bullish case for Netflix, Inc. (NASDAQ: NFLX) can now be made solely on a revision of the company's pricing power and overshadows expectations for continued cash burn through 2022, according to Buckingham. The Analyst Buckingham Research Group's Matthew Harrigan upgraded Netflix from...
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Netflix: A Bull-Bear Debate
Thursday, September 6, 2018 - 11:00am | 476Read More...Analysts remain divided on Netflix, Inc. (NASDAQ: NFLX) following the stock’s huge 2018 run-up and its disappointing third-quarter guidance. In the past two days, one Wall Street bull and one bear weighed in on Netflix and discussed the pros and cons of buying the stock. RBC’s Bull Case...
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Changing Channels: Buckingham Turns Bearish On Netflix Ahead Of Q2 Print
Monday, July 16, 2018 - 8:08am | 387Read More...Netflix, Inc. (NASDAQ: NFLX) investors should hold a bearish stance on the stock ahead of the company's second-quarter earnings report after Monday's market close, according to Buckingham Research Group. The Analyst Buckingham's Matthew Harrigan downgraded Netflix from...
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The Power Of Spotify Playlists Could Ward Off Aggressive Labels, Analyst Says In Upgrade
Thursday, June 7, 2018 - 9:09am | 477Read More...Despite rolling back its “hateful content” policy on May 30, which had banned rappers R. Kelly and XXXTentacion from being placed on popular playlists, Spotify Technology (NYSE: SPOT) has demonstrated the power it has in promoting artists. This power was confirmed by a recent European...
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Could Spotify's Stock Benefit From A Tencent Music IPO?
Thursday, May 17, 2018 - 3:06pm | 455Read More...The massive IPO that Tencent Music is reportedly pursuing benefits Spotify Technology SA (NYSE: SPOT)'s valuation by validating streaming services, according to Buckingham Research Group. The Analyst Aanalyst Matthew Harrigan maintains a Neutral rating on Spotify with a $175 price...
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Sirius Downgraded By Buckingham, But Analyst Sees Additional Upside In The Satellite Radio Stock
Monday, May 7, 2018 - 1:59pm | 390Read More...Sirius XM Holdings Inc (NASDAQ: SIRI) is trading at 12-year highs, and one sell-side analyst projects another 9 percent in upside for the satellite radio stock. The Rating Buckingham Research Group analyst Matthew Harrigan downgraded Sirius from Buy to Neutral and raised the price target from $7...
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Spotify's First Earnings Report On Wall Street: The Sell-Side Reacts
Thursday, May 3, 2018 - 4:04pm | 763Read More...Spotify Technology SA (NYSE: SPOT) reported its first earnings as a public company Wednesday afternoon. Here what the Street is saying after the print. The Analysts Morgan Stanley's Benjamin Swinburne maintains an Overweight on Spotify's stock with an...
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Analyst: Spotify Is A Great Product, But Not A Great Stock At This Valuation
Tuesday, May 1, 2018 - 11:48am | 376Read More...Streaming music provider Spotify Technology SA (NYSE: SPOT) offers consumers a "great product," but the same can't be said for the stock at its current valuation, according to Buckingham. The Analyst Buckingham Research's Matthew Harrigan initiated coverage of Spotify's...
