Netflix Has No ‘Single Silver Bullet’ To Engagement, Revenue Growth: Analyst
benzinga_article·
- JPMorgan analyst Doug Anmuth maintained an Overweight rating and a price target of $ 85 for Netflix while noting that investor sentiment remains mixed regarding engagement and revenue growth.
- Although Netflix lacks a single silver bullet, it relies on strong content, live events, cloud gaming, and partnerships to drive engagement across regions except the US and Canada.
- The company is expected to sustain double-digit revenue growth through subscription increases, pricing changes, advertising, and ongoing strategic initiatives despite a modest 40 bps year-on-year decline in US TV time share.
