Buzz-Street View: Netflix's next act remains elusive

** Bofa Global Research (buy, PO: $105) says the results were not strong enough to fundamentally alter the debate around the stock, which remains pressured by concerns related to slowing engagement, decelerating revenue growth and the possibility of transformative M&A.

** Oppenheimer (outperform, PT: $85) says cutting the frequency of viewing-hours reports would leave investors with limited data to forecast subscription drivers and therefore not enough to disprove the bear thesis on structural engagement trends.

** Pivotal Research Group (hold, PT: $70) believes growth is likely to be driven by price increases and advertising gains off a relatively low base rather than subscriber growth; "we view the story as lacking excitement".

** Evercore ISI (outperform, PT: $100) says "the catalyst path is more likely to shine in 2027 than in 2026".

** Netflix NFLX.O forecast Q3 revenue and earnings below Wall Street targets on Thursday and said it would cut the frequency of viewing-hours reports as the company seeks new avenues of growth.

** Shares drop 10.8% to $66.2 before the bell