Netflix Analyst Predicts Q3 Beat But Challenging 2025, Flags This As The Biggest Concern In Holding The Stock
Netflix Analyst Predicts Q3 Beat But Challenging 2025, Flags This As The Biggest Concern In Holding The Stock
Munster said that the rebound seen over the past year is a function of the company's success with the password crackdown that began in May 2023. The tech venture capitalist said this helped the company accelerate its growth from 4% in the March quarter of 2023 to 17% in the June quarter of 2024.S&P 500 companies' profit is set to grow for a fifth straight quarter, with the consensus modeling earnings growth of 4.1% for the third quarter. Netflix, Inc.(NASDAQ:NFLX) is the first high-profile communication services company to report this earnings season, with its earnings scheduled to drop after the market close on Thursday.
标普500家公司的利润预计将连续第五个季度增长，共识模型显示第三季度盈利增长4.1%。奈飞公司(NASDAQ:NFLX)是第一家高调的通讯服务公司，在本盈利季报告将在周四盘后公布。
Deepwater Asset Management's Gene Munster shared his expectations from the report in a post on X on Monday.
Deepwater资产管理公司的吉恩·芒斯特(Gene Munster)在周一的一篇发帖中分享了他对报告的期望。
Netflix Stock Rally: Munster in a post said that Netflix shares have gained 142% since the Magnificent 7 became the tech investing standard in Jan. 2023, with the stock now perched near its all-time high. During the same period, the Magnificent 7 as a group rallied 244%, and excluding Nvidia, the group's gain has been a more modest 140%, he said.
奈飞股票大涨：芒斯特在一篇发帖中称，自从2023年1月科技七巨头成为科技投资的标准以来，奈飞股票已经上涨了142%，目前股价接近历史高位。在同一时期，科技七巨头作为一个整体上涨了244%，而不包括英伟达，则整体涨幅相对较为温和，为140%，他说。
Munster said that the rebound seen over the past year is a function of the company's success with the password crackdown that began in May 2023. The tech venture capitalist said this helped the company accelerate its growth from 4% in the March quarter of 2023 to 17% in the June quarter of 2024.
芒斯特表示，过去一年看到的反弹是由于公司成功实施自2023年5月开始的密码打击行动。这位科技创投资本表示，这有助于公司将其增长从2023年3月季度的4%加速到2024年6月季度的17%。
Consensus Call: Analysts, on average, expect Netflix to report earnings per share of $5.11 and revenue of $9.764 billion, according to Benzinga Pro data. This compares to the year-ago earnings of $3.73 per share and revenue of $8.54 billion.
共识看涨：根据彭博专业版数据，分析师平均预计奈飞报告的每股收益为5.11美元，营业收入为97.64亿美元。这与去年同期的每股收益3.73美元和营业收入85.4亿美元相比。
The 14% growth forecast by the Street will prove slightly conservative despite the comps getting tougher, beginning in the September quarter, Munster said.
街头预测的14%增长预计，即使比较对象在9月季度开始变得更加严苛，也将证明略显保守，芒斯特说。
The tech analyst expects 2025 to be more challenging and therefore sees risk to the current consensus forecast of 12% growth. The assumption is based on the belief that the core business growth rate, excluding one-off benefits of password crackdown and the launch of a new offering, is in the 5-10% range.
科技分析师预计2025年将变得更具挑战性，因此认为目前的12%增长的共识预测存在风险。这一假设基于这样一种信念，即核心业务增长率，不包括密码打击和新产品推出的一次性好处，区间在5-10%。
Netflix isn't likely to offer any guidance for the next year when it reports this week, Munster said.
芒斯特表示，奈飞在本周发布报告时可能不会提供明年的任何指导。
"My biggest concern to owning Netflix is opportunity cost," he said. "While generative AI will undoubtedly reduce production costs and increase margins, the company's exposure to the AI paradigm shift is modest when compared to $GOOG, $META, $AAPL, $TSLA, $TSM, $MSFT," he added.
"拥有奈飞的最大关切是机会成本，" 他说。"尽管生成式人工智能无疑会降低生产成本并增加利润率，但与$GOOG、$META、$AAPL、$TSLA、$TSm、$MSFt 相比，公司暴露于人工智能范式转变的程度相对较小，" 他补充道。
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图片来自shutterstock。
