Netflix Upgrade Draws Analyst Ridicule
In this podcast, CEO David Trainer discusses his thoughts regarding a recent article published about Netflix, comments by an analyst at Wedbush Securities, as well as the entire sell-side analyst’s upside down view on risk.
Audio Length: 00:04:27
Photo Credit: Christopher (Flickr)
Much like Stifel did this week regarding Zulilly, when will the time come for analysts to apologize for their irrational calls on Netflix?
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True that Netflix has been a roller coaster stock, but I think the company has a lot of potential in the Chinese, and European markets. According to the opinion of Blackledge. They expect Netflix to enter Japan, Italy, Spain,and Portugal in the second half of the year, and sees Netflix ending 2015 with 29.8 million international subscribers, or about 11% of broadband Internet subscribers in the addressable markets.
The stock is up over 11% in the past month alone, and I don't think its maxed out yet.