Netflix Earnings Preview: Subscriber Momentum in Focus Amid Somber Investor Mood

“Buckling up for fourth-quarter results” was the fitting title for Credit Suisse analyst Doug Mitchelson’s earnings preview on Thursday. “Investor interest is as low as we have seen the past eight years,” he highlighted, while sticking to his “outperform” rating and $740 price target.

Guggenheim analyst Michael Morris remains one of the bulls, with subscriber forecasts similar to Mitchelson’s. “Investor focus remains acutely on member growth fourth-quarter actual and first-quarter 2022 guidance ,” Morris echoed in a Thursday report.

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