Street View: Netflix's season expected to improve with new content chief

By Reuters News

** Netflix NFLX.O cut its full-year advertising forecast and projected weaker-than-expected fourth-quarter profit on Tuesday, deepening concerns over its growth trajectory after recent job cuts and executive shake-ups

** Shares fell 6.14% to $64.47 in premarket trading

NOT THE FINAL CREDITS YET

** Evercore ISI ("outperform," PT: $90) believes most of NFLX's challenges are addressable and views co as well-positioned to tackle them, with the appointment of a new chief content officer demonstrating a proactive response

** Jefferies ("buy," PT: $85) says it continues to view NFLX as a 2027 story, with improving engagement trends and potential M&A activity expected to support the stock's valuation as investors refocus on its earnings growth potential

** Canaccord Genuity ("buy," PT: $110) "believes the renewed focus on the core content slate, together with Peter Rice's leadership and industry relationships, could help address the execution concerns weighing on the stock"

** TD Cowen ("buy," PT: $100) says NFLX's long-term opportunity remains strong, driven by its global content scale and growing live programming, which could support further growth in its ad-supported tier

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.