as Bank of America and Morgan Stanley — among other firms — have raised their price targets on the streamer. Bloomberg Intelligence senior media analyst Geetha Ranganathan joins Market Domination to break down what investors can expect from the streaming giant's earnings.
As Netflix continues facing high expectations, Ranganathan adds,"I think Netflix is in the best position that it's ever been competitively, and also financially as well as fundamentally. So they're really firing here on all cylinders."Netflix is set to report results Thursday after the close and Wall Street's expectations are high analysts at Bank of America Morgan Stanley Moffet Nathanson.
So we know that they reported really high subscriber growth in the first quarter, 9.3 million new subscriber ads. So, uh you know, some of the deals that they've done include uh WWE which they're going to start streaming starting in 2025. We're seeing 2, 2.5 hours spent on average per day by a user and, and we've seen that across the board.