Netflix (NFLX) Stock Analysis: Buy The -10% Dip?


This content was made for video and podcast format:

WATCH THE VIDEO HERE


LISTEN TO THE PODCAST HERE


Netflix (#NFLX) shares are down -10% after the company reported Q1 earnings! What happened?


The streaming company announced GAAP EPS of $3.75 (beats by $0.78) and revenue of $7.16B (+24.1% Y/Y). Although strong dollars values, #Netflix disappointed on the subscription front and logged 3.98M global streaming paid net additions, short of guidance for 6M. Is this a long-term concern?


Should investors buy the Netflix dip?


Create a Webull account and recieve 2 FREE stocks


Create a FREE TradingView account and start charting your technical analysis

Contact me if you have any questions or inquiries


Thanks to Gregor Fischer for the photo of Reed Hastings