Here's what major analysts think of Netflix before its earnings report Tuesday

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Analysts watching Netflix closely as it reports earnings after the bell.

div > div.group > p:first-child"> Wall Street analysts are squarely focused on what Netflix has to say about subscriber growth, price hikes, and its rivals launching streaming services, when the company reports earnings after the market close Tuesday.

"We see limited scope for a negative surprise on domestic [subscriptions] in 1Q or 2Q guidance, despite concerns about price hikes and competition,"Bank of America analyst Nat Schindler wrote."We would see any dip on either issue as a particularly attractive buying opportunity because we do not view Disney as the competition," he said.

"Sellside consensus international paid subscriber expectations are 24.4M and 24.8M net additions, respectively, vs our estimates of 27.4M and 27.5M. Netflix has de-rated enough, risk/reward profile is attractive. The company now trades at 7.9x EV/2019 sales, vs in excess of 10x sales last summer, when we lowered our rating to Hold based on valuation. Our $400 12- month PT implies 7.

 

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