Netflix shares are underperforming the market and analysts are starting to show some concern

  • 📰 CNBC
  • ⏱ Reading Time:
  • 59 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 27%
  • Publisher: 72%

United States Headlines News

United States Latest News,United States Headlines

Netflix is going to lose one of the most popular shows on its platform and some analysts are pointing out the risks the company now faces.

by NBC in 2021. The streaming video giant was willing to offer NBC as much as $90 million a year for the rights to continue airing "The Office" but NBC rejected the offer.

Most of the gains this year are from a big pop in January. Since then, the stock has faltered. While concerned, Wall Street is sticking by the stock. Thirty-eight of the 40 analysts covering the company have either buy or hold ratings on Netflix shares, according to FactSet. As Netflix is pouring investment into creating its own content, big media conglomerates like Disney and Comcast are starting their own streaming services and buying back content. But neither of these models are certain, in Devitt's view.

"The fact that the stock is basically sideways for the last 6 months tells me there is no clear view on any of those factors," Kelley said. Recent data from PricewaterhouseCoopers gives further insight into the importance of shows licensed but not wholly-owned by Netflix. Despite "about 90% of new investment" from Netflix going into original programming, PWC said in a June 6 report that 80% of content viewed on Netflix in the U.S. is licensed. This makes "it increasingly important for the platform to keep hold of key titles, while it works to draw viewers towards original content," PWC said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well netflix has piled their lineup full of left wing agenda garbage, pander to obama and his anti-american divisiveness. Pushes the lgbtq agenda on kid shows. Buy a clue what the WORKING customer wants. Not this crap.

When subscriptions stop rising the stock will crash hard and they will start advertising and raising prices to compensate and stay alive.

Canceled my Netflix, Hbo, Showtime when they started preaching conservatives are bad, they can all sink for all i care.

The rising competition may well hamper future prospects of Netflix.

Bring in what consumers want.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

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.

NCT 127 Joins Ava Max On New Version Of Motivational Single 'So Am I': ListenMembers of K-pop boy band NCT 127 have joined Ava Max on a new version of her empowering pop anthem “So Am I.” NCTsmtown_127 avamax Congratulations to NCT😍😍😍 NCTsmtown_127 avamax kings AVAxNCT127 NCTsmtown_127 NCTsmtown avamax NCTsmtown_127 avamax available on youtube AVAxNCT127 NCTsmtown_127
Source: billboard - 🏆 112. / 63 Read more »

Why Am I Getting These Tiny Black Moles on My Face?Dermatosis papulosa nigra is harmless, but kind of annoying. Interesting!
Source: SELFmagazine - 🏆 478. / 51 Read more »

Tesla shares jump as record deliveries ease demand concernsTesla Inc shares opened nearly 7% higher on Wednesday after Chief Executive Offi... I'll buy Tesla only if the price matches my Honda Accord and the distance range on one charge is no less than 700 miles. Until then, no money for you, Mr. Musk! 🤣🤣 tesla_truths ValueAnalyst1 vincent13031925 wooo positive fair headlines finally, no demand issue Stock markets close at record HIGHS! Economy is booming
Source: Reuters - 🏆 2. / 97 Read more »

netflix pledges to cut back on cigarettes in their showsAfter a new study showed that Netflix’s award-winning Stranger Things was among the worst offenders for showing smoking on screen to potentially vulnerable youth audiences. pret
Source: i_D - 🏆 32. / 68 Read more »

Emmy-Winning NYC News Reporter Says She Was 'Pushed Aside Because I Am a 61-Year-Old Woman'If your such a great 'reporter', why are you citing your Emmy wins and not a Pulitzer?
Source: Jezebel - 🏆 153. / 63 Read more »