Netflix Q3 Earnings: Strong Growth Expected But Outlook Cautious Amid Password Crackdown and Ad Tier Concerns

Netflix is expected to post strong subscriber gains in its Q3 earnings on Oct 18, but stock has declined recently as investors evaluate growth outlook amid management's cautious comments.

Some analysts have tweaked forecasts and reduced price targets, taking a more measured view on expectations for password sharing crackdown and new ad tier.

Key investor focuses Impact of password sharing changes on ARPU, content spending increases, and progress ramping up new ad business.

Most analysts still bullish long-term, but some have modestly reduced estimates and price targets due to signals of slower margin expansion.

Q3 earnings on Oct 19 after market close will offer look into subscriber growth momentum and management's latest thinking on key initiatives.