Verified Investing on $NFLX (Oct 28, 2026)
Netflix faces extremely fierce competition from Disney Plus, Paramount, Peacock, terrestrial TV and smartphones, but live-event advertising — notably FIFA World Cup rights acquired about two months ago — could significantly boost profits, though the tournament is not until 2030. On the chart he is watching a downtrend line and a $58.75 target, the lowest pivot since August 5, 2024.
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Let's take a look at Netflix. Netflix also made some profits. What surprises me about Netflix is how fierce the competition is these days. There is Disney Plus, Paramount, Peacock, terrestrial television, and smartphones.
Extremely fierce competition . But how can Netflix generate profit in the future? This will be through live events. I don't hear many people talking about this, but they have the upcoming FIFA World Cup .
So, I might see a lot of money flowing in from advertising in the next few years. Therefore, I wouldn't be surprised if the FIFA World Cup significantly boosted their profits. But we're talking about 2030.
The tournament takes place every four years, so you might not hear about this for a while, but they got the broadcasting rights about two months ago. So, I don't know , this is something worth considering for Netflix.
They are trying to diversify their usual programs. Let's look at the downtrend line. We have a good area here, a target of $58.75. This is also the lowest pivot level since August 5, 2024. This is what I'm watching on the Netflix chart.
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