Netflix Q1 '24 Earnings Preview: Paid-Sharing Success to Continue

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Netflix stock is soaring and its password-sharing crackdown is still paying off, but some potential dangers still loom.

— the one that sent its stock plummeting to five-year lows — that quarter must seem, to Ted Sarandos & Co., like nothing so much as a bad dream.

While Wall Street consensus estimates project around 5 million net subscriber additions for Q1, per Visible Alpha, it’s fair to say investors are expecting more. In a research note last week, Morgan Stanley forecast net subscriber additions of 7.3 million for Q1, which would be the streamer’s highest for the quarter since pre-pandemic times; this week, MoffettNathanson raised its own estimate from 5 million to 7 million.

In other words, Netflix appears poised for continued significant gains even as growth from the password crackdown starts to subside. Indeed, that growth is now buttressed by different advantages, including more popularmight grow overly complicated, at least for now. “We see recent success in paid sharing as increasing our willingness to underwrite success in advertising and games over time,” Morgan Stanley analysts wrote in their research note.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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