Netflix is burning through 8 billion dollars this year on content. “But it’s worth it to make smash hits like HOC & stranger things !”
Disney owns all the marvel, Star Wars and kid shows and much more & they’re pulling their shows end of this year
Netflix pays to rent shows for a limited time , they don’t own House of Cards , they don’t own Stranger Things , they don’t own Jessica jones / All marvel shows
They don’t own the office, they don’t own arrested development , bobs burgers , most movies , most action / drama shows you watch
They’ve double their debt to try and keep subscribers and it’s not paying off
They’re only exceeded earnings Once in the last several years yet analysts keep raising their target.
There is nothing proprietary about streaming video online, and the big boys with real money are going to push Netflix out of the space with all the content they’ve accumulated the last 70 years
hmmm.... you make some valid points OP. but netflix is one of those companies that is too big to fail. i am sure they can always sell data to get the funds required or create a back door for the gov like facebook has.
Asher Moore
I’m not claiming they will fail or even go out of business . But as they stnd , their stock is currently valued with the next 10 years of earnings prices in.
Their stock price is so inflated , if you google it , they’re worth more than Disney .
Say that out loud , “Netflix streams shows online and now they’re worth more than Disney”
It doesn’t add up . Their P/E ratio is sky high, but people justify with “but muh tech stocks can’t be judged this way”
Yes they can it’s fundamentals. Last time people got this greedy and dumb it was sub prime mortgages being traded willy nilly.
Guys at Goldman have been watching too much Stranger Things & smoking dope after work (which is great btw)
Season 3 coming out , this must mean profits x 3 RIGHT GUYS ????
No, Sell stock you’re holding now and buy some puts until it hits 300 again , return to average
>Netflix streams shows online and now they’re worth more than Disney you mean netflix has replaced TV and Bittorrent and they;re worth more than Disney. Sounds about right.
Christian Bailey
I love Netflix, it’s convenient and they have a large, rotating selection of films and shows to watch. I have always known they aren’t profitable but didn’t know it was that bad. How are they possibly keeping the big investors happy? Even if they doubled the subscription price (which would kill them) they would still be deep in a hole. Many of the ‘Netflix original’ things I watch are pretty awful though. They have some gems, maybe 1 in 10, probably much less. Do they have a long term plan?
Ryan Kelly
Their long term plan is to convince you their Netflix Originals are good.
Gavin Phillips
How are they keeping big investors happy ? Stock price is going up that’s all they need. Speculation is driving price up without valid earnings to back it up. So many news articles are backed by investment firms too so it’s important to inspect a company’s P/E ratio rationally .... 273? Now we’re getting into 2008 irrational exuberance territory . “New Paradigm!”
I agree with everything, I bought Disney slightly below 100 about a month ago. At this point I just own Google and Microsoft. Once the fox Disney deal goes through, it's going to be lights out for shitflix. Netflix originals are fucking trash, stranger things clearly is the exception, but I'm willing to bet the marvel universe, star wars and every fucking Disney character ever is worth a lot more.
Plus I don't think Netflix can squeeze consumers much more on subscription pricing. They don't really have great content... Dear white people? I rest my case.
Nicholas Cook
Current stock price is already pricing in them getting all 660 million subscribers possible and doubling subscription price a few times . They’re bag of tricks is over . Volume has been high at the end of this month, lots of antsy traders trapped at 390$ in Netflix .
“buy the dip bro” prepare to be punished when correction to average growth comes. AKA 200$ levels
