MikeSpy

Could Netflix fall to 250?

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MikeSpy 已更新   
NASDAQ:NFLX   Netflix, Inc.
I see this being a dead cat bounce. Netflix is bleeding subscribers, raising prices and adding restrictions on users.
The pandemic is ending and I see the price returning around where it was prior to the release of Disney Plus. Streaming is much more popular these days but there are a ton of competitors out there. Netflix is not the only big dog anymore. At this point a Netflix subscription costs almost as much as a gym membership and people have been cooped up for a long time.

This is just my opinion from looking at the chart and some macro economics.

评论:
Everyone here thinks this is just crazy talk. But let me be real for a second.
Netflix has PE ratio of 35!
That is what is crazy. A company that isn't growing should have a PE ratio of 10-15 A company that is expected to double in size within 10 years should have a PE ratio of 20. A company that is expected to increase 4x in size should have a PE ratio of 30.
This is the rule of thumb.
For Netflix to have a PE ratio of 35 it means you expect it to either increase its subscriber count by around 400% within the next 10 years or cut its operating costs in half while doubling its subscriber count. I personally do not buy it. This may all be shouting at clouds but I feel Netflix will take a nosedive.

This is just a man shouting at clouds, not financial advise.
评论:
For reference, Netflix earnings per share from January of 2022 was up only 3% from January 2020.
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