Investors Expectations: Price Target and Subscriber Additions

investors expectations: With the stock NFLX, -3.99% soaring 51% in the weeks leading up to the results, investors' expectations were running high it's no wonder shares slumped 3.6% in afternoon trade Friday, according to Market Watch. Don't miss Netflix thinks Fortnite' is a bigger competitor than other streaming services. The streaming video giant reported late Thursday earnings and all-important net subscriber additions that handily beat expectations, while revenue came up a bit shy. But an overwhelming majority of Wall Street analysts got a little more bullish. That raised the average target to 403.56, which is about 19% above current levels, from an average of 391.31 just before the release of results. Of the analysts surveyed by Fact Set, no less than 17 raised their price target, while only two lowered them. (news.financializer.com). As reported in the news.