If they lost millions of subscribers, they'll probably get acquired "Investors should sell Netflix stock because the streaming firm will lose millions of U.S. subscribers next year, according to Needham." https://www.barrons.com/articles/netflix-stock-falls-us-subscribers-51575992328
Netflix is Blockbuster now they can’t believe that it is coming!
They are done, if you hold any stock of it I suggest to sell them ASAP
They’re probably not done. But they need to innovate more in the space.
Should have acquired Disney a few years ago.
I would be surprised if a 180 billion dollar company could ever buy a 130-150 billion dollar company. Considering Microsoft's biggest was just under 30 billion (IIRC).
Merger then.
I will believe it when people stop using the phrase - "Netflix and chill".
Since when listening to analysts is a winning strategy?
If analysts think Netflix is doomed, I will for sure end up hoarding more of Netflix.
Too bad Disney pays crap
It's a race to the bottom, like any tech race. Eventually valuation will go back to good ole PE and Revenue multiple etc... Then Icahn will start acquiring stakes in the company and the rest is history
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They're not done, but growth numbers will not be as good as previously.