Has Netflix Earned Another Price Increase?
It hasn't even been two years since Netflix's (NASDAQ: NFLX) last price hike, and analysts are already calling for another one.
Jefferies' Alex Giaimo said Monday morning that he thinks a price increase is likely in the near to mid-term, predicting an increase of $1 or $2 sometime next year. The move would come after Netflix bumped up prices on most U.S. subscribers from $11/month to $13/month just last year, an effective 18% price increase.
Image source: Netflix.
Source Fool.com
