Netflix Stock Sinks as Wall Street Cuts Q4 Price Targets — SkimNews
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- Ted Sarandos (co-CEO) said Netflix has two problems behind the stock slide — and neither is YouTube
- Wall Street analysts lowered price targets on Netflix after the Q4 revenue forecast missed, with Reuters framing the selloff around an ad-business stumble raising fears that growth is hitting a wall
Why it matters: Netflix's Q4 revenue forecast miss triggered analyst price-target cuts while Reuters highlighted renewed skepticism about the ad tier, a key growth lever. Sarandos publicly attributing the slide to two named problems — but ruling out YouTube — narrows the defense management is staking out ahead of the next earnings cycle.
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