• Earnings announcement date: Tuesday, October 20, after US stock market trading

• Expected revenue: $6.37 billion

• Expected earnings per share: $2.12

When Netflix Inc (NASDAQ:NFLX) reports its results today (Tuesday), there is not much room for investors to be disappointed. The stock has risen more than 60% so far this year, making it one of the best "home concept stocks" as people rely more on streaming giant apps during quarantine.

Although Netflix Inc has managed to attract more viewers since the epidemic raged in March, this trend is unlikely to last forever.

Netflix Inc added 10.1 million paying users worldwide in its financial results for the second quarter ended June, exceeding analysts' expectations of 8.3 million. But many of these new users would have joined Netflix Inc even without the influence of the virus. This seems to have consumed Netflix Inc's growth prospects ahead of time, making his subsequent growth unattractive-the company expects only 2.5 million new users in the third quarter, a further sign that the epidemic boom may be over.

However, despite the conservative guidance given by management, Wall Street investors are still bullish on Netflix Inc. What keeps them optimistic is Netflix Inc's current size and the weakening financial position of its competitors in the wake of the recession triggered by the epidemic.

Some analysts believe that Netflix Inc's first-mover advantage and attractiveness will be difficult to challenge in a market that is basically mediocre.

At the same time, the financial situation of the company's strongest competitors, such as Walt Disney Company and AT&T Inc, have been under great pressure in the epidemic and are struggling.

Goldman Sachs Group raised Netflix Inc's 12-month target price to $670 from $600 and said in a recent financial report that Netflix Inc was likely to release a strong third-quarter results. Analysts at the bank said: "We expect Netflix Inc's performance in the third quarter to be higher than expected and market companies, and the number of platform customers may reach 6 million. Against a backdrop of increased content on the platform, lack of strong competition and people staying at home longer, the negative impact of the recession is expected to be offset, supporting Netflix Inc's growth. Netflix Inc is still a stock worth holding for a long time. "

Piper Sandler analysts also believe: "despite the increasingly fierce competition in the market, Netflix Inc still occupies a considerable share of the content consumption market." In addition, Netflix Inc also benefited from the change in behavior because of concerns about novel coronavirus and consumers staying away from travel and outdoor activities. "

Total knot

Netflix Inc's "home" attraction still makes it one of the best super-large-cap stocks so far this year.

Tuesday's earnings report needs to show that these growth are sustainable and the company is further consolidating its market position. Therefore, the growth of users and the company's forecasts for the rest of the year will be the key to the results. This will help investors determine whether there is more room for the current rise in share prices.