Netflix: Q1 2021 Consensus Analyst Estimates

Netflix (NASDAQ: NFLX) will be reporting their first quarter financial results on April 20th after markets close. Analysts have a consensus $622.74 12-month price target on the company, via a total of 44 analysts, with 13 analysts having strong buy ratings. 20 analysts meanwhile have buy ratings, seven have hold ratings, three analysts have sell ratings and one analyst has a strong sell rating. The street high comes from Elazar Advisors with an $840 price target, and the lowest target sits at $340 from Societe Generale.

31 analysts have revenue estimates for the first quarter. The company has guided for revenues of $7.12 billion. The mean between all 31 is $7.13 billion; this number has been revised upwards from $7 billion at the start of the year. The highest revenue estimate is $7.17 billion, while the lowest is $7 billion.

Onto EBITDA estimates, there are currently 24 analysts who have first-quarter EBITDA estimates. The mean is currently $1.9 billion, with this number having been revised up from $1.5 billion at the start of the year. Street high is a $1.94 billion EBITDA estimate and the lowest estimate is currently sitting at $1.85 billion.

Analysts estimate that quarterly earnings per share will come in at $2.97, with this number being revised up from $2.08 at the start of the year. Street high is $3.02 and the lowest estimate is $2.84 per share for the quarter.

Information for this briefing was found via Sedar and Refinitiv. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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