Is Netflix Stock a Buy Before March 2?
Flow Service: Netflix (NASDAQ: NFLX) The world popularity is due to the popular rows and the movies of its huge library, which no longer coincide on network TV. However, in recent years, media companies have invested their own property streaming services, and many have moved their content to Netflix.
As a result, Netflix has spent over the past several years Entertainment businessBefore many old shows and movies still can be found there, the company has made conscious efforts to develop its own original content.
Is these investments worth the price label? Investors can get a reply on March 2. Let’s dig why it’s such an important date for Netflix and explores what is for the company’s reputation for stock.
On Sunday, March 2, several largest entertainment names will be collected in the California Hollywood Dolby Theater for awarding the Academy Awards Ceremony. Oscars are one of the most important prizes in Hollywood, and studios are interested in winning them. Winning can strengthen the reputation and manufacturers to feel more confident that their financial contribution to content is worth it.
This year, Netflix provided 18 Academy Awards nominations, at most in any studio. This is in a row for the sixth year that or self received the maximum nominations or divided the difference.
Given that Netflix’s Foray is still relatively relatively sisterly compared to its peers, it is impressive to see that the company recognized by Oscar voters is desirable. Walt DisneyTo be in style MajorTo be in style SoniTo be in style Warner Bros. Discovery:and in recent years other Heritage Studios.
Although it is clear that Netflix has shown its ability to ensure the Oscar nominations, how does the company actually refrain from the Star Student event?
Year |
Oscar nominations |
Oscar wins |
---|---|---|
2014 |
1 |
0: |
2015 |
1 |
0: |
2016 |
2 |
0: |
2017 |
Booklet |
1 |
2018 |
Ha |
1 |
2019 |
15 years old |
Three |
2020 |
24 years old |
2 |
2021 |
36 |
Ha |
2022 |
27 years old |
1 |
2023 |
16 years old |
6 years old |
2024 |
19 years old |
1 |
Generic |
152 |
23 years old |
Data source, Netflix.
In general, Netflix won 23 Oscars in the 152 category, or about 15% of the time. Although there is no end to certainty, if this profit rate is good or bad, there are some operational measurements that we can view whether its contribution to its original content is worth it.
The graph shows Netflix’s income, operating costs and net income over the past decade. As it began to be recognized by the Academy, the company’s revenue growth is far from its cost profile.