The potential for subscriber loss or downgrades to cheaper plans could negatively impact Netflix's revenue in the short term. However, the company's recent price increases and the stock's strong performance over the past year suggest that Netflix may be able to manage these challenges effectively. The mixed response from consumers, with some willing to accept a small price increase, indicates a nuanced impact on the stock. The company's strategic pricing adjustments and the availability of an ad-supported tier may mitigate the risk of significant subscriber loss.