Netflix Earnings Preview: Analysts Bullish Despite a Warning of Unrealistic Expectations

, led by co-CEOs Ted Sarandos and Greg Peters and executive chairman Reed Hastings, reports its third-quarter financial and subscriber figures on Thursday, Oct. 17, will investors get to chill or will the debate about the stock’s outlook get heated?

When the streamer reports its latest quarterly results and shares its outlook on Thursday, investors are once again keeping eyes and ears out for subscriber trends, the progress of the company’sHeading into the earnings report, Wall Street analysts mostly remained bullish, with several further raising their stock price targets, but at least one questioned if the stock has gotten ahead of itself given its gains so far this year. As one expert noted on Oct.

Arguing that such recent initiatives as the password-sharing crackdown and ad tier push have been “pulling forward” growth and led to “unrealistic” long-term expectations among investors, Venkateshwar concluded: “Present valuation appears out of sync with probable growth path.”

Canada Canada Latest News, Canada Canada Headlines

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

Analysts are getting more bullish on Netflix ahead of earningsA few analysts are upping their stance on the media giant ahead of its third-quarter earnings report next week.
Source: CNBC - 🏆 12. / 72 Read more »

Volkswagen, Novartis could surprise in Q3 earnings season, UBS analysts warnVolkswagen, Novartis could surprise in Q3 earnings season, UBS analysts warn
Source: Investingcom - 🏆 450. / 53 Read more »

S&P 500 Earnings Preview: Deeper Downward Revisions Set Companies Up for Big BeatsStocks Analysis by Christine Short covering: S&P 500, Goldman Sachs Group Inc, JPMorgan Chase & Co, Wells Fargo & Company. Read Christine Short's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Q3 Earnings Season Preview: What to Watch and Stocks Poised for GrowthStocks Analysis by Investing.com (Jesse Cohen) covering: Nasdaq 100, S&P 500, Chevron Corp, Citigroup Inc. Read Investing.com (Jesse Cohen)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

US Aerospace and Defense stocks: Q3 earnings previewUS Aerospace and Defense stocks: Q3 earnings preview
Source: Investingcom - 🏆 450. / 53 Read more »

Dow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on retail sales, Q3 earningsDow Jones, Nasdaq, S&P 500 weekly preview: Spotlight on retail sales, Q3 earnings
Source: Investingcom - 🏆 450. / 53 Read more »