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Neil Macker, CFA

Neil Macker, CFA, is a senior equity analyst for Morningstar.

More From Neil Macker

Recently spun out from AT&T, WBD joins the streaming wars with Netflix and Disney—and the stock is undervalued.

Recently spun out from AT&T, WBD joins the streaming wars with Netflix and Disney—and the stock is undervalued.

Paramount posted a decent start to an already turbulent 2022 as Paramount+ and Pluto delivered strong growth, with 6.8 million net subscriber additions and a 3.1 million increase in monthly active users, respectively. We maintain our fair value estimate of $58.

Sirius XM posted a slightly stronger than expected end to 2021 as revenue met and EBITDA exceeded FactSet consensus expectations. We are maintaining our narrow moat and raising our fair value estimate to $8 from $7.50.

We are maintaining our narrow moat and raising our fair value estimate to account for slightly stronger margin expansion expectations due to lower marketing costs.

It's poised to capitalize on streaming trends and is trading well below what we think it's worth.

More About Neil Macker

Neil Macker, CFA, is a senior equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers media/entertainment and video game publishers.

Before joining Morningstar in 2014, Macker was a senior equity research associate for FBR & Co., where he covered the telecommunications services sector. Previously, he was an associate equity analyst for R.W. Baird and completed the summer associate rotational program at UBS Investment Bank. Before attending business school, Macker held analytical roles at Corporate Executive Board and Nextel.

Macker holds a bachelor’s degree from Carleton College, where he graduated cum laude, and a master’s degree in business administration from The Wharton School of the University of Pennsylvania. He also holds the Chartered Financial Analyst® designation.

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