(Reuters) - Netflix Inc acknowledged pressure from Disney+ after the company reported its quarterly results. But executives largely brushed off the long-term global impact of rivals that also include Apple, Comcast Corp's NBCUniversal and AT&T Inc .
So too did Wall Street analysts on Wednesday.
"Despite new services on the horizon from Disney and Apple (and probably others), we expect minimal long-term impact to Netflix subscriber addition and retention," Piper Sandler analyst Michael Olson said.
At least four brokerages raised their price targets on the stock, with Monness Crespi Hardt being the most bullish, hiking it by $50 to $400, in-line with the median price target.
Netflix beat global paid subscriber estimates in the fourth-quarter, boosted by returning series "The Crown", Oscar contender "The Irishman" as well as its adapted series "The Witcher".
In the United States, however, the company's growth missed Wall Street's targets. Shares of the company were down 2% in morning trade.
The crowded market for video streaming is currently dominated by Netflix, but investors have worried about the impact of increasing competition from the roll out of Walt Disney Co's Disney+ and Apple Inc's Apple TV+.
This year, consumers will also have to choose among new entrants that include AT&T's HBO Max and NBCUniversal's Peacock streaming video services.
Disney+, which launched in November, reached 10 million sign-ups on its first day and features roughly 500 movies and 7,500 TV episodes from the company's family entertainment catalog as well as new programming. It also includes "The Mandalorian," the first live action TV series in the "Star Wars" franchise.
Disney also said on Tuesday it had moved up the launch of Disney+ by a week to March 24 in the United Kingdom and in regions across Western Europe.
The company is scheduled to report its first-quarter earnings on Feb. 4.
On Tuesday, Netflix executives said new competitors hurt traditional television businesses more than Netflix and its rivals.
An analyst at Pivotal Research agreed, calling Disney+ "positive for Netflix as it is complementary and a likely accelerant to traditional pay TV losses."
(Reporting by Akanksha Rana and Aakash Jagadeesh Babu in Bengaluru; Editing by Kenneth Li and Sweta Singh)
路透(路透社)--NetflixInc.在迪士尼公佈季度業績後承認來自迪士尼+的壓力.但高管們基本上沒有理會蘋果(Apple)、康卡斯特(Comcast)旗下NBCUniversal和美國電話電報公司(AT&T Inc.)等競爭對手對全球的長期影響。
華爾街分析師週三也是如此。
Piper Sandler分析師邁克爾·奧爾森(Michael Olson)表示：“儘管迪士尼和蘋果(可能還有其他公司)將推出新的服務，但我們預計，對Netflix訂户的增加和留用的長期影響微乎其微。”
至少有四家券商上調了該股的目標價格，其中莫尼斯·克雷斯皮·哈特(Monness CResi Hardt)是最看漲的，將其推高50美元，至400美元，與中間價格目標保持一致。
Netflix在第四季度擊敗了全球付費用户預期，這得益於迴歸系列“皇冠”、奧斯卡競爭者“愛爾蘭人”以及改編後的系列“巫婆”。
然而，在美國，該公司的增長沒有達到華爾街的目標。該公司的股票在早盤交易中下跌了2%。
目前，Netflix主導着擁擠的視頻流市場，但投資者擔心的是，沃特·迪士尼公司(Walt Disney Co.)旗下的迪士尼+和蘋果公司(Apple Inc.)推出的蘋果電視+(Apple TV+)帶來的競爭加劇
今年，消費者還將不得不從新進入者中選擇，包括AT&T的HBO Max和NBCUniversal的Peacock流媒體視頻服務。
迪士尼+於去年11月推出，首日註冊人數達到1000萬，公司家庭娛樂目錄中約有500部電影和7500集電視節目，以及新的節目。它還包括“曼達洛人”，“星球大戰”系列中的第一部真人動作片。
迪士尼週二還表示，已將迪士尼+在英國和西歐地區的推出時間提前了一週，至3月24日。
該公司計劃於2月4日公佈第一季度財報。
週二，Netflix高管表示，新的競爭對手對傳統電視業務的傷害大於Netflix及其競爭對手。
Pivotal Research的一位分析師表示同意，稱迪斯尼+“對Netflix是積極的，因為它是互補的，可能會加速傳統付費電視的虧損。”
(Akanksha Rana和Aakash Jagadeesh Babu在孟加拉的報道；Kenneth Li和Sweta Singh編輯)
