Dish Network ( DISH ) is set to report its Q4 2016 earnings on February 22, and we expect that its results will be once again marked by an accelerated loss in subscribers. Users are actively shifting to streaming services such as Netflix, and Pay-TV companies are losing subscribers rapidly. In response, Dish launched its streaming service Sling TV in 2015, which has managed to somewhat stem the subscriber losses. However, once Sling TV subscribers stabilize, the loss in pay TV subscribers will likely become apparent. Nevertheless, the company continues to respond to cord-cutting to support its Pay TV services. In Q4, as Dish continues to launch new services for its OTT video product, its Sling subscriber base should see growth even though its top line might witness tepid growth in revenues as the pay TV service being offered at lower price points.
We currently have a $62 price estimate for Dish Network , which is about in line with the current market price.
Global Large Cap| U.S. Mid & Small Cap| European Large & Mid Cap
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.