Here's what could push Netflix higher in the next year, and other expert takes $NFLX (via TradingNation)
was disastrous, and I think you had a lot of investors fearful that the international story was over, because remember: as you think about the next five years for Netflix, the next 10 years, 90%-95% of the growth was coming from overseas. And so when the international story hit a wall last quarter, people panicked. And you look aton the chart. That was fear of international. So, coming in and actually exceeding expectations for Q3 was a really big sign.
Michael Graham, head of U.S. equity research and an internet analyst at Canaccord Genuity, said this quarter may have marked a turning point for the company: "I think the biggest thing is last quarter, domestic subscribers declined sequentially, and they returned to growth this quarter. I think that's the big thing. … The big point that the company was trying to make last night is that all those streaming packages are trying to take share away from the typical cable subscription, which is robust. I mean, Netflix at $12, 13 a month is a small amount compared to what most households pay for a cable bill.
Laura Martin, senior analyst at Needham, said the next thing Wall Street needs to focus on is revenue per user, or RPU — and that it could spell trouble for Netflix's stock: "The issue's going to be that RPU is going to come more into focus as you start adding $3 mobile-only subs[cribers] in these developing countries. I think the Street is going to make finer granularity about what kind of quality subs offshore Netflix is adding. And I think a stock that trades at seven times revenue, which is where Netflix is down to, can't sustain a negative sub growth anywhere in the world, and that includes the U.S.
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