Netflix stock forecast 2022 by DotBig

Netflix stock forecast 2022 by DotBig

Reasons for Netflix stock price movements

Even though the number of subscribers of the service has been decreasing, the business is doing well. Netflix still generates good revenues thanks to the implementation of more products and ad-supported versions at lower prices. Nonetheless, the price of Netflix stock is going down, and here is why:

  1. Around 100 million clients use accounts without paying for them. How does this work? They simply use the service of shared accounts.
  2. The company produces less content. During the pandemic, more clients were willing to buy Netflix subscriptions. But today it’s streaming not enough content to add 36.6 million new users as it was in 2020. In the second quarter of 2022, according to the forecast, the number of users will decrease by 2 million subscribers. This makes investors hesitant about the future of the stock.

Will it rise in the future?

Netflix stock hasn’t been such cheap since before 2014. At this point, the current price might be considered a low entry-level for investors. That’s why DotBig experts forecast that this is a good time to invest in Netflix.

Final thoughts

DotBig experts tend to think that it’s a good idea to invest in Netflix stock. Nonetheless, we cannot predict quote movements by relying only on the factors described above. We can only warn you that investing always involves risk. So we suggest you study the market, consider your budget, and make a well-thought-out decision on your future investments.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DotBig Forex broker Reviews

DotBig Forex broker Reviews

The official online Forex account broker DotBig is a platform for online trading.