Recent comments from Netflix’s chief financial officer also raised concerns
Netflix Inc.’s growth forecasts for the next couple of years look risky, according to an analyst who’s hitting pause on the stock.
Supino said that the two largest drivers of Netflix’s stock rise appear “increasingly risky” over the medium term. He wrote that he worries about the company’s future net-addition potential given that Netflix has eliminated its basic ad-free option and is likely to raise prices on other plans once the dust settles on the recent password-sharing crackdown.
See also: Netflix is ‘easily the best streamer’ — but that doesn’t make it a great stock, says Bernstein
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