Netflix Inc (NASDAQ: NFLX) opened 10% up this morning after returning to subscriber growth in its fiscal Q3. But a JPMorgan analyst says that’s only a trailer of what’s to come.
Netflix stock has upside to $330
On Wednesday, Doug Anmuth recommended buying Netflix stock that, he said, could climb to $330 a share – another 25% upside from here.
ທ່ານ ກຳ ລັງຊອກຫາຂ່າວໄວ, ຄຳ ແນະ ນຳ ທີ່ຮ້ອນແລະການວິເຄາະຕະຫລາດບໍ? ລົງທະບຽນ ສຳ ລັບຈົດ ໝາຍ ຂ່າວ Invezz, ມື້ນີ້.
Netflix will launch its cheaper, ad-supported tier in early November. That and its commitment to cracking down on password sharing, the analyst wrote, paints a rather rosy picture of what the future holds for this streaming giant.
Coming out of 3Q earnings, we have increased conviction in Netflix’s ability to accelerate revenue growth with the help of advertising and monetisation of account sharing, expand operating margins, and increase free cash flow.
He cited the likes of “Stranger Things” and the “Dahmer” series to suggest the media company is recovering in terms of content consistency as well.
ສຳ ລັບປີຄ. ສ. ຫຸ້ນ Netflix ຍັງຫຼຸດລົງຫຼາຍກ່ວາ 50%.
Netflix stock is testing a key resistance
Management now sees 4.5 million new subscribers in the current financial quarter – about half a million more than the analysts’ call. (ອ່ານຕື່ມ)
Netflix stock is trading just below its “200-Day MA” today. A break above the $282 level would clear way for a further rally. Discussing ads as a potential catalyst, Anmuth further noted:
We’re encouraged that Basic With Ads unit economics should be at least neutral across all markets, and significantly accretive in large ad markets such as the U.S., with even greater positive impact to revenue and operating profit.
Rival Disney+ is also ການເປີດຕົວ an ad-supported subscription on December 8th. But it’ll cost $7.99 versus $6.99 for Netflix Inc.
ຄັດລອກພໍ່ຄ້າຜູ້ຊ່ຽວຊານໄດ້ຢ່າງງ່າຍດາຍກັບ eToro. ລົງທຶນໃນຮຸ້ນເຊັ່ນ Tesla & Apple. ຊື້ຂາຍ ETFs ທັນທີເຊັ່ນ FTSE 100 & S&P 500. ລົງທະບຽນໃນນາທີ.
10/10
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