NFLX Stock Forecast: Will Netflix survive the competition with Disney and AT&T’s WarnerMedia?
The article was written by Kun Qiu, a Financial Analyst at I Know First.
Summary
- Netflix’s 2019 Q1 Financial Statements shows its success in maintaining top position among video streaming service platforms, however, threads of Disney and WarnerMedia should not be underrated.
- Disney+ and AT&T’s WarnerMedia both launched their great ambitions, attracting 90 million and 70 million subscribers respectively in a few years.
- Netflix has advantages in its experience in expanding international market, creating innovative content and producing original works in regional local language.
- The increasing D/E ratio and long-term negative free cash flow may cause concerns, but status are predicted to improve by 2022 according to Netflix itself and other financial professionals.
- According to these facts, personally I give Netflix a bullish long-term stock forecast.
