Netflix Tops 10 Million Subscribers In Japan
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 04 2024
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Source: Benzinga
Netflix's Growth in Japan: Netflix has surpassed 10 million subscribers in Japan, doubling its user base over four years, largely due to the popularity of Japanese-language content such as "Tokyo Swindlers" and "The Queen of Villains."
Financial Performance: The company reported a third-quarter revenue of $9.83 billion, exceeding expectations, with a total of 282.72 million global paid subscribers, marking a 14.4% increase year-over-year.
Analyst Views on GINN
Wall Street analysts forecast GINN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for GINN is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 75.824
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Current: 75.824
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
