Market doubts the outlook, but Goldman Sachs remains active in pricing Netflix (NFLX.US) with a "hit IP + advertising monetization" growth narrative: target price points to 30% upside potential

Jintou Finance APP has learned that the current global technology stock rebound trajectory is undergoing a major test during earnings season, with market consensus on streaming giant Netflix (NFLX.US) increasingly focused on whether its future growth path can accelerate realization. On October 19, after nearly two weeks of adjustments, the semiconductor sector rebounded, with the two leading memory chip companies, Micron and SanDisk, which had suffered consecutive stock declines, surging by about 3% and 5.5% respectively. Both outperformed the 1.7% rise of the semiconductor ETF benchmark—ETF SOXX, which tracks the Philadelphia Semiconductor Index. However, after Netflix reported its earnings data on October 20, despite third-quarter profits beating expectations, weaker fourth-quarter earnings guidance from management and a downward revision of the full-year advertising revenue forecast caused shares to fall nearly 6% after hours, closing at $64.66.