$Netflix (NFLX.US)$ Netflix's "Squid Game" is hot, the third...
$Netflix (NFLX.US)$ Netflix's "Squid Game" is hot, the third quarter earnings report is worth looking forward to
In the past month, Netflix’s stock price has bucked the market and climbed to a record high. As of October 12, Naifei’s market value has reached 277.5 billion U.S. dollars. Naifei’s strong share price performance is similar to that of several other FAANG companies. Stocks such as Facebook, Amazon, Apple, and Google, as well as the entire technology sector, fell in the opposite direction.
According to data from FactSet, analysts expect Netflix to earn US$2.55 per share and revenue of US$7.48 billion in the third quarter, and the number of global paid subscribers will increase by 3.8 million. Financial services company Cowen predicts that Netflix's global paid subscriber growth in the third quarter will reach about 3.6 million, slightly higher than the 3.5 million expected by the company's financial forecast. Cowen analyst John Blackledge reiterated his "Buy" rating on Netflix with a target price of $650. He said that according to the current situation, we obviously underestimate the strength of Netflix, so he believes that there is more room for growth before the company's Q3 results are announced. "
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