The stage is set for global streaming giant Netflix to reveal its fourth-quarter and full-year 2024 results, marking what is expected to be its final period of quarterly subscriber disclosures. The company has shifted its focus to other performance metrics.
Co-CEOs Ted Sarandos and Greg Peters, along with executive chairman Reed Hastings, led Netflix to end September with 282.72 million global subscribers. Wall Street expects the subscriber count to surpass 290 million by the end of the year, driven by the success of season 2 of Korean drama Squid Game and Christmas NFL games.
Despite a recent share price drop, Netflix remains a top pick for 2025 according to various experts. Guggenheim Securities analyst Michael Morris raised his price target and expects strong subscriber growth in the latest quarter.
Netflix is expected to sunset regular member count disclosure on a high note, with a majority of investors predicting significant user net additions in the later quarter. Despite concerns about the impact of a strong dollar, experts forecast core revenue growth and long-term model upside for Netflix.
Various analysts have different projections for Netflix’s financial performance, with some emphasizing the potential impact of a strong dollar on revenue estimates. Pricing levers and ad-supported content are expected to drive growth for the streaming giant in the coming years.
Analysts like Mark Mahaney and Peter Supino highlight the impact of the strong dollar and the evolution of Netflix’s ad tier on the company’s stock and financial projections. Expectations are high for Netflix to capitalize on live events and ad revenue expansion.
With the end of subscriber disclosures, analysts will pay closer attention to ad tier trends and the potential monetization of Netflix’s advertising business. Optimism remains for Netflix’s profitability and growth potential in the streaming industry.
In conclusion, analysts like Michael Pachter, Brian Pitz, and Jessica Reif Ehrlich express confidence in Netflix’s ability to continue expanding its subscriber base and monetizing its ad business. The streaming giant is poised to outperform in the market with its innovative approach and diversified revenue streams.
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