NFLX 的广告业务表现强劲，调整后 EBITDA 利润率从 2023 年的约 22-23% 升至 2026 年的 35% 以上，裁员 1,000 人有助于实现华尔街设定的本十年末 37-38% 的目标。NFLX 六个月内下跌 33.5%，且低于其 200 周移动均线，预计三到四年内将接近 200 美元。
逐段跳播
Netflix 于2026年10月14日宣布，将裁减约6%的全球员工，也就是近一千名员工。联席CEO Ted Serendus 上个月在 Bloomberg Screen Time 大会上表示，公司“增长速度没有我期望的那么快。
我们‘娱乐全世界’的使命雄心勃勃，要实现它，就必须在把人员和资源优先投向何处这件事上保持自律。”
Netflix announced on October 14th, 2026 that it's laying off approximately 6% of its global workforce or nearly a thousand employees. Co-CEO Ted Serendus said last month at the Bloomberg Screen Time Conference that the company was quote not growing as fast as I want.
Our mission is to entertain the world is ambitious and delivering on it requires us to be disciplined about where we prioritize our people and resources.
Netflix 联席CEO Ted Serendus 和 Greg Peters 在致员工的邮件中写道：“我们的业务强劲且仍在增长，我们仍有望实现全年业绩指引。我们将继续在高影响力领域积极投资，以进一步推动增长和创新。”
Netflix co-CEOs Ted Serendus and Greg Peters wrote in an email to employees, "Our business is strong and growing, and we remain on track to deliver our fullear forecast. We continue to invest aggressively in high impact areas to further drive growth and innovation."
眼下，对于关注或者可能持有 Netflix 股票的人来说，它过去6个月下跌了约33.5%。如果你看好 Netflix 股票，现在可能是小幅买入或继续定投加仓的好时机。
Right now, for those of you that follow or maybe own Netflix stock, it's down about 33 and a half% over the last 6 months. might be a good time to nibble or dollar cost average into it further if you're a believer in Netflix stock.
是的，我觉得关于 Netflix 的这个提醒很有意思，因为 Netflix 的基本面业务相当稳健。它的广告业务在过去几年里表现异常出色。如今这块业务每年带来数十亿美元的收入，而五六年前，这在它的利润表上根本还不存在。
但它的调整后 EBITDA 利润率自那以来已经增长，2023年时大约是22%到23%，而到2026年现在已经超过35%，而且华尔街认为到本十年末会增长到37%到38%。我认为裁掉这1000名员工将有助于他们实现这一目标。
Yeah, I think the call out on Netflix is interesting because, you know, Netflix's underlying business is pretty durable. Um, you their their advertising business has been doing exceptionally well in the last couple of years.
Billions of dollars a year in revenue now that didn't exist as a line item on their income statement just, you know, five or six years ago. But their adjusted Ebida margin has has grown since, you know, 2023 was around 22 23%.
Now it's north of 35% here in 2026. and um is going to grow to Wall Street thinks 37 38% uh by the end of the decade. And I think them shedding these 1,000 employees is going to help them achieve that goal.
我知道我们聊过 Netflix 股票。它现在跌了大约70美元左右，但这就是那种情况：没错，这是一家永远不会消失的公司。当然，Netflix 在5年、10年、15年后还会在这里。
当然，人们喜欢它的内容。Netflix 做直播内容。还有各种各样这些东西。播客现在也在 Netflix 上，Netflix、Netflix、Netflix。这就是那种情况：它多年来首次跌破200周移动均线。
所以我认为，Netflix 在70美元这个价位，我们大概在未来三四年后回头看它涨到200美元时，会说：“唉，真希望我当初在每股70美元时多买点 Netflix。”
And I know we talked about Netflix stock. It's right now it's it's down about to 70ish dollars, but it's one of those things where it's like, yeah, this is a company that's never going away.
Of course, Netflix is going to be here in 5 10 15 years. Of course, people like the content. Netflix does the live stuff. There's, you know, all these things. the the the podcasts are on Netflix now, like Netflix, Netflix, Netflix.
It's one of these things where it's like, you know, it's trading under the 200 week moving average for the first time in in in several years. And so I think Netflix at $70, we're going to zoom out here in probably the next three or four years when it's trading at 200 and be like, "Dang, I wish I bought more Netflix at 70 bucks a share."