Market expectations$Netflix (NFLX.US) $Earnings per share for the first quarter were $2.9 and revenue was $7.93 billion. In comparison, the company's earnings per share for the same period last year were $3.75 and revenue was $7.16 billion. According to reports, Netflix is scheduled to announce its financial results for the latest quarter on April 19.

In fact, Netflix's stock price performance in 2022 clearly lagged behind the market, falling 35% and 46%, respectively, compared with the stock prices three months and six months ago. Furthermore, the stock price has plummeted 38% and 37%, respectively, over the past 9 and 12 months.

According to reports, Morgan Stanley analyst Benjamin Swinburne believes that although Netflix's stock price has continued to fall recently, it is still not time to find the bottom. According to information, the analyst lowered Netflix's net increase forecast for global paying users in the first quarter from 2.5 million to 2 million. In addition, the analyst also lowered Netflix's profit expectations and lowered the target price from 450 US dollars to 425 US dollars, maintaining the “hold and wait and see” investment rating.

Although the market generally expects Netflix to remain the leader in the streaming media industry in 2022, Swinburne said that the number of new paid subscribers to Netflix is not expected to return to the 25 million annual growth level seen before the pandemic. This may prompt some investors to wonder if the company can maintain its position as the king of streaming media.