Netflix: Price Increases Give Investors A Reason To Smile


  • Netflix has several catalysts for continued share price appreciation, including the end of Hollywood strikes and price increases.
  • NFLX’s Q3 results showed strong subscriber growth, increased revenue, and record operating profits, indicating a positive outlook for 2024.
  • Market share of all TV viewership is still sitting in the single digits, indicating more room for market share expansion – both against other streamers and linear TV.

Man"s hand holding a remote control, multimedia, online TV, broadcasting entertainment to viewers at home. The idea behind the broadcast

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With markets careening back to YTD highs driven by the promises of lower inflation and lower interest rates, large-cap tech stocks are very much back in fashion. That doesn’t mean, however, that these tech giants with fantastic fundamentals can’t

Analyst’s Disclosure: I/we have a beneficial long position in the shares of NFLX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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