🔥Stock Prediction: How will Netflix close Friday 20/1 following their earnings?

Tiger_Earnings
2023-01-16
Reward Tiger-CoinsReward 1000 Tiger-coins

Click to vote. Can you predict where$NFLX(NFLX)$ will move following their earnings? If you get the right answers, you can get 10 Tiger Coins. In addition, you have the chance of winning 100 Tiger Coins.Netflix is scheduled to announce Q4 earnings results after the market closes on next Thursday, January 19 2023. Lets's guess where Netflix will move following their earnings?

🔙 Latest Results

It reported Q3 revenue of $7.93 billion, up from $7.48 billion a year earlier, earnings of $3.10 per share fell from $3.19 a year ago, and it added 2.41 million net new subscribers in Q3 after contracting by 200,000 and 970,000 in Q1 and Q2.

📒Netflix Q4 earnings consensus

Wall Street forecasts that Netflix will report a 1.6% year-on-year rise in revenue to $7.831 billion in the fourth quarter. Net income at the bottom-line is expected to drop 43% to $344.67million.​

​💡Analyst Opinions

JPMorgan analyst Doug Anmuth reiterated it as overweight and offered the price target of $330, he remained bullish on the company’s ability to reaccelerate revenue, expand operating margins & grow FCF in 2023, and estimated that the ad-supported plan may bring in 250K users in Q4 and the company can add 4.75 million net new subscribers in Q4. For more information about Netflix Earnings Preview, please click here.

Netflix's Q4 2022 earnings call will be held on January 19 2023 at approximately at 3:00 p.m. Pacific Time. To set a reminder, please click here

💰Activity Details

  • Click to vote. Guess where$NFLX(NFLX)$  will move following their earnings? If you get correct answers, you can get 10 Tiger Coins.
  • Reply and forward this post, share your insights about Netflix's financial reports, we will give 100 Tiger Coins with outstanding comments.

⏰Event Time

The deadline for this event is 23:00 on  January 19 2023

🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖

📖For a beginner's guide to financial statements,click here​​

How will Netflix close Friday 20/1 following their earnings?(Maximum1 votes)
  • Very Green (over 20%)(3 votes)
  • Green (10% to 20%)(25 votes)
  • Flat (-10% to 10%)(55 votes)
  • Red (-10% to-20%)(19 votes)
  • Very Red (below-20%)(3 votes)
Q3 Earnings Analysis
Hi, Tigers! It's earnings season! Welcome to post your thoughts on the earnings of your favorite companies here. Besides Tiger Coins given, you will also have a chance to win a stock voucher worth up to USD 50!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Reward expired
400 tiger-coins have been distributed to 4 participants
Deadline to 02/15 09:09
Reward-post

Comments

  • SirBahamut
    2023-01-16
    SirBahamut
    Win 100 Tiger-coins
    I vote flat! Unless the recent Ads contribute significantly to Netflix’s topline growth, I think all other catalyst is already accounted for by Wallstreet. I expect minimal deviation and cautious guidance from management
  • Aqa
    2023-01-16
    Aqa
    Win 100 Tiger-coins
    Voted flat. $Netflix(NFLX)$ has reached its peak now. It has almost doubled from its 52-week lows.Its business is stagnant with cash flow problem. Netflix has no other source of income besides streaming service which is highly competitive. Its pricing power has eroded. It will have problem growing revenue and its net income is dropping.
  • Vahid
    2023-01-17
    Vahid
    Win 100 Tiger-coins
    Higher earnings and market expansion internationally would be a tailwind for NFLX which has qualiy and very popular content. However, dollar devaluation and FEDS tightening results in a larger headwind for the company and sector resulting in the near term down trend.
  • koolgal
    2023-01-19
    koolgal
    Win 100 Tiger-coins

    🌟🌟🌟$Netflix(NFLX)$ 

    has been on a roller coaster ride in the past year from a high of USD 526.64 to a low of USD 162.71.  In the past month it has jumped 13% and today it closed  0.03% up at USD 326.33.

    I predict that Netflix will close flat this evening as it is expected to report its slowest quarterly revenue growth as its ad supported plan did not attract as many customers it expected due to intense competition from Amazon Prime and Disney.

    The key criteria to look out for when evaluating Netflix share price movement is its subscriber growth, its huge content spending admid rising interest rates and whether its ad content subscription will improve revenue. 

    While Netflix is the world's largest streaming service with 223 million paid memberships in over 190 countries, its heyday of double digit subscriber growth maybe over. 

    I predict Netflix share price will be flat tonight at USD 320 to USD 325 range.

    @Tiger_Comments  

  • LMSunshine
    2023-01-16
    LMSunshine
    Voted flat as $Netflix(NFLX)$ at $333 has already surpassed JPMorgan’s 🎯price of $330. If Q4 earnings are positive and forecast for next quarter is positive, gains at closing are likely to still be within 10%. However, if the earnings is a miss/forcecast is bad, the losses are likely to be within 10% as investors are 🐂-ish at this period. Thanks loads @Tiger_Earnings for these earnings vote and comment events. We love them❣️Vote and comment to win 10-100coins🥳 @SR050321 @CYKuan @Fenger1188 @HelenJanet @breAkdaWn @Jadenkho @RiciaYang @Universe宇宙 @jat @Pepermintpat @BenjiFuji @RDPD富爸穷爸 @rL @Omega88 @melson @Mrzorro @GoodLife99 @SPOT_ON @Kaixiang @Soyabean89 @PJoo @markele @ey79 @amroui @Ericdao @Elon2 @爱上投资学 @Zeniv @Yonhuat @Joker_Smile @grizzlylee @Kingcat @pekss @evepek @WanEH @ngph @HLPA @snoopy123 @psk @b1uesky @hlw8888 @KYHBKO @highhand @Lionel8383 @RedpillBluep @FrankieRed @Downton @Huiz84 @我i168 @Barbarazhao @StickyRice @StarLuck @Crisis101 @AlfonsoDex @th0mastan @LesterTan
  • Tiger_Earnings
    2023-01-28
    Tiger_Earnings
    Congratulations to the following Tiger Friends for getting 10 Tiger Coins ,@Soyabean89,@Huat99,@koolgal,@RDPD富爸穷爸,@第N次大变革大分流,@JohnL,@Alubin,@DKim,@Joker_Smile,@Ericdao,@kungpao,@BTS,@IAS,@爱上投资学,@Eeyearn,@JZ8,@Frodo555,@Ccl2,@airui,@SirBahamut,@HelenJanet,@MilkTeaBro,@Brocco,@FrankieRed,@刻在你心底的名字,@Mongji,@BubTigger,@bernardtayet,@StickyRice,@tigjun21,@TTrade,@CL Wong,@AliceSam,@alylady,@WanEH,@MHh,@dragontrader,@Aqa,@zerolih,@highhand,@b1uesky,@一个打十个,@JunioR,@Big Cat,@Thonyaunn,@Stingaling,@BenjiFuji,@Zeniv,@LMSunshine,@Vikedios,@Taingc2,@MeowKitty,@Globalrisk.fund,@Derrick 1234,@Star0331 We will distribute it to you later. You can go to the Tiger Coin Center to check it out.
Leave a comment
156
6