What Value Investing with Sven Carlin, Ph.D. said in this video:
- Otherneutralmid-termStreaming is growing but highly competitive: YouTube leads TV watch time and Disney is gaining ground while Netflix lost a percentage point of share, a structural risk in the host's view.Source
- NFLXneutrallong-termThe host believes the 30-40x P/E era is over for Netflix; with heavy competition it must be priced as a mature company, so no multiple expansion should be expected.Source
- NFLXbullishlong-termThe host sees strong fundamentals — low churn, pricing power, ~25% net margin, heavy buybacks — with the stock fairly priced for a ~10% annual return, making it a positive risk/reward buy.Source