Netflix (NFLX) is celebrating its 27th birthday on Thursday, with a total of 280 million global subscribers, 23 Oscar wins, and 265 Emmy wins, with its stock...
) is celebrating its 27th birthday on Thursday, with a total of 280 million global subscribers, 23 Oscar wins, and 265 Emmy wins, with its stock at an all-time high. While the company is riding on high, does it have more room to grow?
He continues with:"And then gaming is another one that, believe it or not, there's, we see this in our surveys, rising usage of Netflix. There's a fair number of games on there. Some of it comes out of their own original IP, intellectual property. And then third is the, the ads business is still a ways away from really moving the needle for Netflix. It just it takes some time. They have to build out the user base. But I think those ad dollars are coming.
So that's gonna cause um that's gonna cause uh uh you know, turn to be more likely you, you're well past your early adopters and you're kind of into your, you know, average or even late stage adopters. But that, you know, if, um the Netflix today is about 75 million households that are subscribing, my guess is that they were to really pick up a big live sports presence, you'd probably get, you know, 1020 more a million more households signing up for Netflix.And then gaming is another one, believe it or not.There's a fair number of games on there.And then third is the, the ads, business is still a ways away from really moving the needle for, for Netflix.
So I, I still see like two or three of these drivers and I, you know, I essentially, I want to stay long.So to me, I just kind of, I view it as high quality and if it gets dislocated down, you know, 10 20% that's when I usually step in and get a bit, make an aggressive buy, but it's a good asset.But what kind of price hikes could I be looking at Mark in your opinion?Well, this company generally has taken price up over the years that sometimes that's been problematic for them.
Mark Mahaney Market Domination
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix stock under pressure — why one analyst sees the pullback as a buying opportunityNetflix shares have been under pressure over the past month but one analyst is 'increasingly bullish' on the stock.
Read more »
Netflix turns 27: A timeline of the streaming giant's growthNetflix (NFLX) celebrates its 27th anniversary today, founded on August 29, 1997, by Reed Hastings and Marc Randolph. While Hastings still serves as the...
Read more »
Netflix stock hits record high, reports 150% rise in ad salesNetflix stock (NFLX) climbed to an all-time high Tuesday morning, momentarily rising above a share price of $700 after reporting a 150% rise in ad sales year...
Read more »
Canada's 27th medal, 9th gold makes Paris its most successful non-boycotted Summer Games everKatie Vincent won Olympic gold in in the women's canoe sprint 200-metre final on Saturday in a world-best 44.12 seconds.
Read more »
E.l.f. Beauty stock sinks, analyst keeps Overweight ratingShares of e.l.f. Beauty (ELF) fell sharply on Monday. The move came as Piper Sandler's Korinne Wolfmeyer maintained an Overweight rating and $260 price...
Read more »
Here’s this analyst’s case for LINK’s price ‘bottoming out’ to rally soonChainlink's price is in a tricky position right now, and that means that the next few days could be critical for LINK and its...
Read more »