Summary

Netflix shares skidded 4% Wednesday after mixed-to-uninspiring quarterly earnings as Wall Streeters cut price targets on the stock. Analysts want proof of more muscular viewer engagement. They generally agree with the streamer’s co-CEOs that the key is culturally resonant, English-language series and movies that are home runs versus “the really solid doubles and triples this year” noted by Co-CEO Ted Sarandos on an earnings call Tuesday. The biggest U.S.

AI summaries can be wrong sometimes—always verify important details using the source article.