Netflix Earnings Preview: Wall Street Doesn't Expect a Major Subscriber Upside Surprise

Analysts also forecast password sharing and pricing will be topics when the global streamer reports its latest subscriber and financial results on Tuesday.

Various analysts have in recent days published their own forecasts and predictions, which are roughly in line with company expectations or slightly higher. Beyond subscriber trends, expect investors and analysts to keep a close eye on monthly pricing and password sharing commentary from Netflix management.

J.P. Morgan's Doug Anmuth, who has an"overweight" rating and $685 price target on the stock, in a Tuesday report forecast 6.3 million first-quarter user additions, but said that overall investor expectations"are no higher than guidance based on recent investor conversations.

Swinburne sees Netflix hitting management's 6 million subscriber gain target in the latest quarter before a drop to 3.5 million in the second, followed by re-acceleration to 5.8 million in the third and 9.7 million in the fourth quarter."We expect net additions to begin increasing year-over-year in the second half of 2021 and in 2022," he wrote.

"Netflix has executed extremely well during the pandemic, surprising us by keeping its foot on the gas pedal for subscriber growth, while benefiting from a disruption in content production schedules that allowed it to generate positive free cash flow," he wrote in a Thursday report."While we are far more constructive about Netflix than we have been at any point in nearly a decade, we continue to question its valuation.

anyways

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's what every major analyst expects from Netflix's first quarter earnings reportNew for subscribers: Here's what every major analyst expects from Netflix's first quarter earnings report. Check out CNBCPro today. Pro I am looking for new, good friends
Source: CNBC - 🏆 12. / 72 Read more »

Netflix Q1 Preview: All Eyes on Subscriber AdditionsNew VIP+ Analysis: Many expect Netflix’s Q1 ’21 subscriber additions to be ahead of guidance but well below net adds of Q1 ’20. You are aware that it is not possible to add together different procentaged together Right
Source: Variety - 🏆 108. / 63 Read more »

McDonald's revenue tops pre-pandemic levels, fueled by the strong U.S. recoveryMcDonald's beat Wall Street's estimates for its quarterly earnings as net sales topped pre-pandemic levels. McDonald's app is so user’s friendly that every customer can easily pay while in queue at same time. Further If the customer places an order online from a distance, McDoland still does not charge immediately, until customer arrives near restaurant and informs through app.
Source: CNBC - 🏆 12. / 72 Read more »

These companies wowed investors with their earnings, and analysts say buy them nowNew for subscribers: These companies wowed investors with their earnings, and analysts say buy them now. Check out CNBCPro today.
Source: CNBC - 🏆 12. / 72 Read more »

International Insider: Oscars Preview; Tinopolis Revolt; Netflix Earnings; Super League SagaHowdie International Insider readers, Jake Kanter with you. Why don’t you join me in taking a moment to reflect on the week that was? And, as always, my inbox is open for feedback and stories…
Source: DEADLINE - 🏆 109. / 63 Read more »