Netflix Analyst Predicts Price Hikes Are Coming Soon for Subscribers

Netflix Analyst Predicts Price Hikes Are Coming Soon for Subscribers
Netflix subscribers may want to brace for a price increase as it is expected that the streaming service will be increasing its cost once again. The company most recently raised its prices back in 2019, with its most popular plan going up by $2. Now, an analyst has revealed that They are anticipating further price increases in the U.S. and abroad.

Alex Giaimo of Wall Street firm Jefferies recently shared a note with the company's clients. In it, Giaimo noted that there was a shift in tone between Netflix's earnings calls in the first quarter and second quarter of 2020. With a third-quarter earnings call scheduled for next month, Jeffries revealed that they expect an announcement could be imminent. The note, in part, reads as follows.

"After a change in language regarding pricing on the (second-quarter) call, we believe a potential hike is probable in the near to midterm. In Q1, Netflix
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