奈飞:公认好学生还能创造惊喜吗?

海豚投研
Jul 18, 2025

$奈飞(NFLX.US)美东时间 7 月 17 日盘后发布了 2025 年二季度财报。整体业绩表现还不错,一如既往的稳,但或许不如往日 “惊艳” 程度,市场反应稍显平淡。但海豚君仍旧认为,奈飞是当下多变环境下,少数几个兼具 “增长” 和 “抗风险”,进可攻退可守的选择之一。具体来看:1. 涨价带动增长:二季度收入增长 16%,超出指引,符合预期,增长主要就是体现年初在核心地区涨价的拉动作用。2. ...

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