Netflix

Regains Its Old Charm

  Netflix Regains Its Old Charm Netflix Inc. started fast into the second quarter and Wall Street, seeing stocks ready for a comeback, announced its best earnings in three weeks. The analysts said the company regained its appeal after hard-starting 2021. The broadcast giant had a weak start to the year, with its first quarterly decline since September 2019. However, analysts say Netflix is ​​increasingly rising in advanced finance, which provides space to reclaim its dominant position in the market and avoid borrowing more. Although fluid competition is stronger than ever, such foundations appear to raise shares. Piper Sandler made a comprehensive review on Thursday; He wrote that consistent subscriber gains, modest price increases and original content create an opportunity for long-term gains. Such benefits are seen as the ability to compete with new services such as Discovery + or Viacom CBS's Paramount + and to support stock despite rapid growth in Disney +. Piper is not alone in her optimism. More than 70 % of companies followed by Bloomberg have a bullish view on Netflix, while 11 % have a negative rating.

Netflix Inc. started fast into the second quarter and Wall Street,

Netflix's user base is seen as a single competitive advantage that exceeds 200 million and accounts for more than 45 % of its market share for streaming subscribers. Earlier this week, Lightshed Partners analyst Richard Greenfield recalled that some analysts said the new services will take Netflix to the second plan. But unlike these services, Greenfield said it raises competition and accelerates the transition from linear TV to streaming TV. According to Loop Capital Markets, as streaming grows, Netflix will easily be able to fight fourth, fifth, or sixth streaming services that rivals Paramount + and others use.

Password Cracking

While the company takes steps to prevent password sharing between accounts, it is an important assumption that Netflix viewers will not switch to another competitor. While this raises concerns that could increase users canceling their subscriptions, the risk is offset by the revenue growth that would occur if non-paying viewers signed up. Netflix is ​​scheduled to announce its first quarter results on April 20, and Wall Street expects revenue of $ 7.13 billion, which will represent approximately 24 % year-over-year growth.

Netflix Inc. started fast into the second quarter and Wall Street,

 

Source: Yahoo.Finance

 

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