Netflix beats expectations for new subscribers, misses on guidance

AtomicPiss

https://finance.yahoo.com/news/netflix-q2-earnings-2021-174010063.html

greenblood

I'm not surprised. People think Netflix is king, and right now it is. But that pie now has HULU, Disney+, Peacock, Prime, AMC+, Sling, Apple, HBO Max, and probably 10-15 others I'm missing. There's just too much competition for the growth investors are expecting from Netflix. Netflix will transition into a value stock quicker than many expect.

godawgst

greenblood said:

I'm not surprised. People think Netflix is king, and right now it is. But that pie now has HULU, Disney+, Peacock, Prime, AMC+, Sling, Apple, HBO Max, and probably 10-15 others I'm missing. There's just too much competition for the growth investors are expecting from Netflix. Netflix will transition into a value stock quicker than many expect.

If it becomes a value stock as you predict where does it's stock price go?

At current level it's priced as if it was 5 years ago and they are the only streaming service out there.

Fenderbender123

Netflix still has the best interface, features, etc, and while I don't have the figures I don't see how they aren't producing the most content, too. Until other companies produce as much and upgrade their apps, Netflix will still be the favorite. But I do expect the gap to close, too.

ntxduck

Fenderbender123 said:

Netflix still has the best interface, features, etc, and while I don't have the figures I don't see how they aren't producing the most content, too. Until other companies produce as much and upgrade their apps, Netflix will still be the favorite. But I do expect the gap to close, too.

Netflix’s licensing in Europe>>>>USA. US Netflix sucks in comparison

AtomicPiss

ntxduck said:

Fenderbender123 said:

Netflix still has the best interface, features, etc, and while I don't have the figures I don't see how they aren't producing the most content, too. Until other companies produce as much and upgrade their apps, Netflix will still be the favorite. But I do expect the gap to close, too.

Netflix’s licensing in Europe>>>>USA. US Netflix sucks in comparison

Netflix European Licensing Superiority Guy

greenblood

godawgst said:

greenblood said:

I'm not surprised. People think Netflix is king, and right now it is. But that pie now has HULU, Disney+, Peacock, Prime, AMC+, Sling, Apple, HBO Max, and probably 10-15 others I'm missing. There's just too much competition for the growth investors are expecting from Netflix. Netflix will transition into a value stock quicker than many expect.

If it becomes a value stock as you predict where does it's stock price go?

At current level it's priced as if it was 5 years ago and they are the only streaming service out there.

Netflix is now rolling out into gaming, which will be a great addition. But then they'll just be in competition with Sony, Microsoft, and Nintendo in the field too. Netflix is just so big to continue it's growth pace, but not big enough to squash additional competition, because the competition also has large wallets. This isn't Apple, Facebook, Microsoft, Google, or Amazon. They want to be, but they aren't and they won't.

The future I think leads them into more and more original programing and creating stock value through a modest dividend yield.

RoadDawg55

Fenderbender123 said:

Netflix still has the best interface, features, etc, and while I don't have the figures I don't see how they aren't producing the most content, too. Until other companies produce as much and upgrade their apps, Netflix will still be the favorite. But I do expect the gap to close, too.

Being the first in the market helps too. People already have Netflix and are too lazy or poor to get every other streaming service.

A sports network could have better content and lots of money behind it, but won’t overtake ESPN.

greenblood

RoadDawg55 said:

Fenderbender123 said:

Netflix still has the best interface, features, etc, and while I don't have the figures I don't see how they aren't producing the most content, too. Until other companies produce as much and upgrade their apps, Netflix will still be the favorite. But I do expect the gap to close, too.

Being the first in the market helps too. People already have Netflix and are too lazy or poor to get every other streaming service.

A sports network could have better content and lots of money behind it, but won’t overtake ESPN.

That is true, which makes it a great value company down the road. But extreme growth will be hard to come by.