Netflix 's better-than-expected quarterly earnings has analysts cheering the company's new subscriber growth initiatives, keeping them optimistic on the stock's growth potential. The streaming giant topped earnings estimates and matched revenue forecasts during the third-quarter. Password-sharing crackdown efforts and its new ad-supported tier supported the subscriber boost.
mountain NFLX rallies However, the analyst remained slightly cautious and kept his market-perform rating due to questions on the company's longer-term growth plans. "Longer-term ... we return to the fundamental question — what is the narrative beyond near-term sub growth driven by paid-sharing? What does 2025 and beyond look like? Organic sub growth will still mostly be driven by international markets, which will likely be capped based on local content availability," said Yoon.