Netflix Shares Plunge Most in a Year on U.S. Customer Decline

The transcript discusses an analyst's perspective on Netflix, maintaining a buy rating despite a Q2 performance surprise. Factors like seasonality, content timing, and price increases contributed to a subscriber growth miss. The analyst addresses market saturation and competition, noting a shift to international markets. Despite challenges, the analyst remains optimistic about future growth, though valuation and content removal by studios are concerns.

What impact did the price increase have on Netflix's subscriber retention?

What does the analyst suggest about the valuation of Netflix at the current levels?