In a research note released Wednesday morning, a Goldman Sachs analyst said to buy Netflix (NFLX – Free Report) stock in response to impressive data on content and download trends.

Netflix is set to report their Q1 financials on Monday, April 17, and Goldman expects to see online video streaming of Netflix’s subscribers to beat expectations.

Analyst Heath Terry emphasized content sales, pricing stability, and the strong growth of international sales. Mr. Terry predicts Netflix’s Q1 report to confirm the scale and profitability of the video streaming platform.

“We expect Netflix to report subscriber additions above its original guidance … driven by a strong content slate, stable pricing, and maturing international markets. While investor expectations have followed NFLX’s share price higher, we expect 1Q results will be further confirmation of the long-term scale and profitability of the platform” wrote Mr. Terry.

As of 2:25 PM EST, Netflix is trading down 0.04% to $144.29 and holds a Zacks Rank #3 (Hold).

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