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Netflix Stock Slides Amid Analyst Forecast of Slowing Sub Growth, Broader Market Turmoil Over Trump Tariffs
Shares of Netflix fell after analysts projected slowing subscriber growth and as markets were rattled by Trump's shifting decisions on tariffs.
Shares of Netflix fell 8.5% Thursday, as investors reacted to analyst projections for slowing subscriber growth after record gains last year on its password-sharing crackdown. While “it is likely Netflix has a few more quarters of strong subscriber growth driven by its content slate and ad-tier,” the analysts said, “we do expect the benefits of the password-sharing crackdown to slow.” Meanwhile, Netflix CFO Spencer Neumann made upbeat comments Wednesday at an investor conference, saying he expects content spending to continue to rise as the company attracts more subscribers globally.
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