3 Factors Impacting Netflix's Next Price Hike
Netflix (NASDAQ: NFLX) raised prices in the U.S., Canada, and the U.K. at the end of 2020, and price hikes in other regions could well be in the works, too. But Netflix has more opportunities to grow its subscriber base outside of the U.S., where it hasn't offered its service as long and won over the majority of its addressable market.
Price increases are an important piece of Netflix's revenue growth in the U.S., but at $13.99 per month for its most popular plan, management may need stronger-than-usual cues from consumers that they're willing to pay more before it raises prices again.
Image source: Netflix.
Source Fool.com