Here's what every major Wall Street analyst said about Netflix's second-quarter earnings report

Netflix Co-founder and Chief Executive Officer Reed Hastings.
Stephane De Sakutin | AFP | Getty Images

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Wall Street analysts are standing by Netflix after an underwhelming earnings report that sent the shares lower.

The streaming giant came into the second-quarter results with huge expectations as analysts and clients believed the stay-at-home stock would be a beneficiary of the coronavirus pandemic. 

But Neflix on Thursday provided weaker-than-expected third-quarter guidance of subscriber additions, sending investors looking for cover. The company did beat on revenue for the second quarter, but missed on earnings per share, leaving some analysts scratching their heads and wondering if the momentum can continue.

Shares were down 8% in premarket trading Friday.

Here's what analysts are saying about the company's second-quarter earnings report: