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Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Netflix beats expectations for new subscribers, misses on guidance

Comments

  • greenbloodgreenblood Posts: 11,892
    10,000 Up Votes 5,000 Awesomes Eighth Anniversary 10000 Comments
    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.
    dnc
  • godawgstgodawgst Posts: 1,664
    1,500 Up Votes 1,000 Awesomes 250 Answers Fifth Anniversary

    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.
  • Fenderbender123Fenderbender123 Posts: 2,167
    Butler Cabin Supporter 2,500 Up Votes 2,500 Awesomes Sixth Anniversary
    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.
    dncRoadDawg55
  • ntxduckntxduck Posts: 3,029
    5,000 Awesomes 2,500 Up Votes Seventh Anniversary 2500 Comments

    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
  • greenbloodgreenblood Posts: 11,892
    10,000 Up Votes 5,000 Awesomes Eighth Anniversary 10000 Comments
    edited July 22
    godawgst 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.
  • RoadDawg55RoadDawg55 Posts: 27,673
    10,000 Up Votes 10,000 Awesomes 25000 Comments Eighth Anniversary
    edited July 22

    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.
    greenblooddnc
  • greenbloodgreenblood Posts: 11,892
    10,000 Up Votes 5,000 Awesomes Eighth Anniversary 10000 Comments

    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.
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