《大行》摩通升Netflix(NFLX.US)目標價至1,300美元 維持「中性」評級
摩根大通發表報告指出,Netflix(NFLX.US)第二季業績及展望穩健,符合市場高預期。公司在內容、會員增長和廣告業務持續表現良好,加上外匯和美元疲弱的提振,本季整體表現亮眼。公司上調2025年營收展望至448億至452億美元,營運利潤率爲29.5%,自由現金流爲80億至85億美元。
摩通相信,由於Squid Game S3、Wednesday S2及Stranger Things S5等強勁內容的帶動,公司在下半年已準備就緒,而公司加快廣告業務執行,深化變現能力,有望在2025年使廣告收入翻一倍。該行預估2025至2026年收入增加約1%,營業收入增加約1%至2%。維持「中性」評級,並將目標價由1,230美元升至1,300美元。
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