Netflix Must Continue the Fight!

  Netflix Must Continue the Fight! Big Fight-Although Netflix is ​​30 % above its competitors, it has to Continue the Struggle for every subscriber. An analyst stated that Netflix (NASDAQ: NFLX) will continue to grow, but it will not be easy and the gains from it will be overwhelming. Still, the flow giant's share value echoed a $ 655 price target. This shows that the stock saw nearly 30 % less value than where it closed the other day. In a survey on Netflix, Evercore ISI analyst Mark Mahaney said 55 % of users were very satisfied with the service they received. While it sounds good, it's actually below the 60 % range Netflix typically receives. This indicates that there is "some softness" in the market. During the epidemic, it seems that Netflix's consumer opinion has decreased, with many of its competitors entering the service area.

Big Fight-Although Netflix is ​​30 % above its competitors, it has to Continue the Struggle for every subscriber.

Sensor Tower data on app downloads indicate that Netflix will only add 1 million net new subscribers globally in the second quarter. Mahaney thinks this number is "reasonable". The service will need to be available for new subscribers in the US. In countries such as Japan, although the rate of growth declined, it did not die off completely. The survey shows that Netflix is ​​experiencing "deviation in penetration" and that satisfaction with the service has "increased". Overall, analysts who still see Netflix as a purchase say the streaming service stock continues to gain a significant advantage.  

Source: The Motley Fool

 

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