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.
標普500家公司的利潤預計將連續第五個季度增長，共識模型顯示第三季度盈利增長4.1%。奈飛公司(NASDAQ:NFLX)是第一家高調的通訊服務公司，在本盈利季報告將在週四盤後公佈。
Deepwater Asset Management's Gene Munster shared his expectations from the report in a post on X on Monday.
Deepwater資產管理公司的吉恩·芒斯特(Gene Munster)在週一的一篇發帖中分享了他對報告的期望。
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.
奈飛股票大漲：芒斯特在一篇發帖中稱，自從2023年1月科技七巨頭成爲科技投資的標準以來，奈飛股票已經上漲了142%，目前股價接近歷史高位。在同一時期，科技七巨頭作爲一個整體上漲了244%，而不包括英偉達，則整體漲幅相對較爲溫和，爲140%，他說。
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，過去一年看到的反彈是由於公司成功實施自2023年5月開始的密碼打擊行動。這位科技創投資本表示，這有助於公司將其增長從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.
共識看漲：根據彭博專業版數據，分析師平均預計奈飛報告的每股收益爲5.11美元，營業收入爲97.64億美元。這與去年同期的每股收益3.73美元和營業收入85.4億美元相比。
The 14% growth forecast by the Street will prove slightly conservative despite the comps getting tougher, beginning in the September quarter, Munster said.
街頭預測的14%增長預計，即使比較對象在9月季度開始變得更加嚴苛，也將證明略顯保守，芒斯特說。
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.
科技分析師預計2025年將變得更具挑戰性，因此認爲目前的12%增長的共識預測存在風險。這一假設基於這樣一種信念，即核心業務增長率，不包括密碼打擊和新產品推出的一次性好處，區間在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，奈飛在本週發佈報告時可能不會提供明年的任何指導。
"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, $MSFT," he added.
"擁有奈飛的最大關切是機會成本，" 他說。"儘管生成式人工智能無疑會降低生產成本並增加利潤率，但與$GOOG、$META、$AAPL、$TSLA、$TSm、$MSFt 相比，公司暴露於人工智能範式轉變的程度相對較小，" 他補充道。
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Image via Shutterstock
圖片來自shutterstock。
