Published on 22 Apr 2024 on GuruFocus.com via Yahoo Finance
Netflix Inc. (NASDAQ:NFLX) will report its first-quarter results on April 18. Analysts are expecting higher membership and revenue numbers. In fact, the company's management projected 13.20% revenue growth year over year compared to 2023.
If it meets thise targets, free cash flow growth and margins could push the stock up by 20% to 28% over the next year.
Membership and revenue growth