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Netflix's Q1 revenue is expected to rise by 15.4% to $12.17 billion, according to Wall Street estimates. Investors are focusing on the company's ability to maintain growth momentum in a crowded digital market. However, Netflix reported a slowdown in revenue growth in its most recent quarter, and management expects this slowdown to worsen in Q2. The stock market reacted negatively to Netflix's forward guidance, as its valuation appears stretched relative to its operational outlook.