Tue, Sep 30, 2014, 10:32 AM EDT - U.S. Markets close in 5 hrs 28 mins

Recent

% | $
Quotes you view appear here for quick access.

Netflix, Inc. (NFLX) Message Board

  • getintoh20 getintoh20 Jul 23, 2013 10:38 AM Flag

    UPDATE: Netflix (NFLX) Price Target Raised to $280 at Goldman Sachs

    (Updated - July 23, 2013 10:14 AM EDT)

    Goldman Sachs today maintained a Neutral rating on Netflix (NASDAQ: NFLX) and raised its 12-month price target to $280.00 (from $235). Analyst Heath P. Terry sees margin expansion, but he thinks many positives are already reflected in the stock's price.

    "As the company's subscriber base scales against content costs (particularly from investment in unique original content), international losses moderate, and ARPU grows, we see margin expansion and earnings growth potentially exceeding consensus estimates. With the stock's premium multiple reflecting a degree of that growth, we would look for a more attractive entry point," he said.

    "Our 12-month target goes to $280 from $235, based on an 85%/15% blend of EV/EBITDA ($273, 24x 2014E, 20x prior) and M&A ($323, 3.3x EV/sales, 2.5x prior)," he added.

    For an analyst ratings summary and ratings history on Netflix (NASDAQ: NFLX) click here. For more ratings news on Netflix click here.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
NFLX
453.2022+3.6422(+0.81%)10:32 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.