Is Now the Time to Buy Netflix Stock?
(NASDAQ: NFLX) stock's stellar year was threatened this week. The company reported third-quarter results, and shares slipped even though the streaming and entertainment provider posted 17.2% year-over-year revenue growth. The streaming-TV specialist also said its ad-supported tier recorded its best ad sales quarter to date.
So why did the stock slip after the report?
Investors appear to be weighing two things at once. First, the stock's valuation arguably already reflected a lot of that progress. Additionally, a Brazilian tax expense hit reported profit, causing the company to miss analysts' estimates for earnings per share.
Source Fool.com
Netflix Inc. Aktie
90,05 €
2,66 %
Die Community unterstützt Netflix Inc. stark, mit vielen Buy- und wenigen Sell-Einschätzungen.
Ein Kursziel von 110 € für Netflix Inc. signalisiert eine potenzielle Steigerung von über 20% gegenüber dem aktuellen Kurs von 90.05 €.
