Netflix Set To Capitalize On Ad-Supported Tier, Price Increase: Analyst Says Streamer 'Boasts Pricing Power' Ahead Of Q3 Earnings
Portfolio Pulse from Chris Katje
Netflix is expected to benefit from its ad-supported tier and potential price increases, with analysts raising price targets ahead of its Q3 earnings. Goldman Sachs and Macquarie analysts highlight Netflix's pricing power and market leadership as key factors for its stock performance.
October 14, 2024 | 6:36 pm
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Analysts have raised price targets for Netflix due to its ad-supported tier and potential price increases. The company's market leadership and pricing power are seen as key strengths ahead of its Q3 earnings.
Analysts from Goldman Sachs and Macquarie have increased their price targets for Netflix, highlighting the company's ad-supported tier and pricing power as significant factors. The anticipation of Q3 earnings and the company's market leadership contribute to a positive short-term outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100