Netflix is a company that lets people watch movies and TV shows on their phones, tablets, computers, and TVs. They make money by charging people a monthly fee to use their service. People think Netflix will make more money in the next three months than they did in the same time last year. This is because more people are watching movies and shows on Netflix due to the pandemic. Some experts who study companies and how well they are doing have raised their predictions for how much money Netflix will make. They think Netflix will make more money than they previously thought. Read from source...

- The article does not provide any personal or professional experience with Netflix, the streaming industry, or the analysts mentioned. This lack of credibility and authority undermines the author's ability to make informed and objective judgments.
- The article relies heavily on secondary sources, such as Benzinga, which may have ulterior motives or conflicts of interest in promoting certain stocks or generating traffic. This makes the article less trustworthy and more prone to exaggeration and misinformation.
- The article does not address any potential challenges, risks, or uncertainties that Netflix may face in the future, such as increased competition, changing consumer preferences, regulatory issues, or technological disruptions. This creates a one-sided and unrealistic picture of the company's performance and prospects.
- The article uses vague and subjective terms, such as "most accurate analysts", "revised forecasts", "bypassed", or "surpassed", without providing any clear criteria, evidence, or reasoning. This makes the article less convincing and more persuasive.
- The article fails to acknowledge any alternative or opposing views, such as those from other analysts, investors, or critics, who may have different perspectives or expectations for Netflix. This makes the article less balanced and more biased.

Netflix is expected to report higher Q2 earnings than the previous year, according to analysts. Some of the most accurate analysts have revised their forecasts ahead of the earnings call. The company is facing a new regulation in Canada that requires it and other streaming companies to contribute 5% of their sales in the country to support local broadcast news and other domestic content. Netflix shares have fallen 1.4% to close at $647.46 on Wednesday.

Based on the information provided, the following investment recommendations and risks are:

Recommendation 1: Buy Netflix shares at the current market price of $647.46 or lower. The company is expected to report higher Q2 earnings than the previous year, which is a positive signal for the company's growth and profitability. Moreover, some of the most accurate analysts have raised their price targets for the company, indicating that they have a bullish outlook on Netflix's future performance.

Recommendation 2: Sell Netflix shares if they reach or exceed the higher price target set by the most accurate analysts, which is $780. This would indicate that the company's stock price has already reflected the positive earnings and outlook, and there may be limited upside potential for the stock.

Risk 1: The new regulation in Canada could impact Netflix's revenue and profitability in the country, as the company would have to allocate 5% of its sales to support local broadcast news and other domestic content. This could increase the company's operating expenses and reduce its net income. However, the impact of this regulation on Netflix's overall financial performance is unclear, as it depends on the size and growth of the company's Canadian market.

Risk 2: The company faces competition from other streaming companies, such as Walt Disney Co and Amazon.com Inc, which could impact its market share and customer loyalty. These companies may offer more attractive content or pricing options that could attract Netflix's subscribers. However, Netflix has a loyal customer base and a strong brand reputation, which could help it maintain its competitive advantage.