Can Netflix's Member Growth Reaccelerate This Year?
With Netflix's (NASDAQ: NFLX) year-over-year growth rate in net new paid members over the trailing-12-month period slowing to 4% -- down from 9% in 2021 and 22% in 2020 -- many investors are likely hoping the streaming-TV giant's subscriber trends can improve in 2023. With the company's COVID-19 sheltering pull-forward in demand in 2020 now further in the rearview mirror, reacceleration of subscriber growth may finally be in store for the company again this year.
With the streaming-TV company's fourth-quarter earnings report scheduled for next Thursday, Jan. 19, investors will get some useful insight into management's expectations for the year. Ahead of that report, here are some things to think about when it comes to expectations about the company's subscriber trends.
While there's no way to know exactly what Netflix's subscriber growth will look like this year, management seems to expect a better year than 2022. Netflix founder and CEO Reed Hastings hinted in the company's third-quarter earnings call that there are some catalysts for more robust subscriber growth in 2023.
Source Fool.com
