Netflix's Sarandos Shares Leadership Strategies and Success Insights
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1d ago
0mins
Source: CNBC
- Bold Decision-Making: In 2011, Sarandos made a significant move by investing $100 million in two seasons of 'House of Cards', successfully driving Netflix's original programming strategy and altering the company's trajectory to ensure long-term sustainability.
- Empowerment Culture: With teams across 50 countries given the autonomy to make decisions, Sarandos emphasizes a non-micromanagement approach that fosters innovation and efficient execution, enhancing employee satisfaction and productivity.
- Data and Instinct Fusion: Sarandos believes that successful content creation should start with instinct rather than data, allowing Netflix to produce globally popular shows by leveraging creativity supported by analytics.
- Challenging Norms: Netflix encourages employees to question conventional decisions, with Sarandos asserting that healthy debate and dissent are crucial for innovation, fostering an environment where the best ideas can emerge through constructive challenges.
Analyst Views on NFLX
Wall Street analysts forecast NFLX stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NFLX is 139.13 USD with a low forecast of 95.00 USD and a high forecast of 160.00 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.
36 Analyst Rating
28 Buy
7 Hold
1 Sell
Strong Buy
Current: 90.650
Low
95.00
Averages
139.13
High
160.00
Current: 90.650
Low
95.00
Averages
139.13
High
160.00
About NFLX
Netflix, Inc. is a provider of entertainment services. The Company acquires, licenses and produces content, including original programming. It provides paid memberships in over 190 countries offering television (TV) series, films and games across a variety of genres and languages. It allows members to play, pause and resume watching as much as they want, anytime, anywhere, and can change their plans at any time. The Company offers members the ability to receive streaming content through a host of Internet-connected devices, including TVs, digital video players, TV set-top boxes and mobile devices. It is engaged in scaling its streaming service, such as introducing games and advertising on its service, as well as offering live programming. It is developing technology and utilizing third-party cloud computing, technology and other services. The Company is also engaged in scaling its own studio operations to produce original content.
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.
