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Netflix is closing in on $200 per share as the stock's momentum builds from last week's increase on some of its prices. Netflix is closing in on $200 per share as the stock's momentum builds from last week's increase on some of its prices.
This could lead to 480,000 customers calling it quits with Netflix, according to a study done by Nomura Securities analyst Anthony DiClemente in late June. However, Netflix may not be sweating those losses, as the price increase may lead to an additional $520 million in annual revenue. Itâs a tradeoff the company seems more than comfortable with. âWe note that this has long been a tenet of our investment thesis on the domestic business, as slowing subscriber trends are more than offset by increased monetization,â DiClemente wrote.