Where Will Netflix Be in 5 Years?
Video-streaming veteran Netflix (NASDAQ: NFLX) was a very different company five years ago. Four years after the Qwikster fumble, Netflix had launched streaming services across the Americas and most of Europe, but the global expansion push was still six months away. Annual sales stopped at $6.1 billion -- a far cry from the current reading of $21.4 billion.
Some things never change. Critics thought that Netflix was overvalued at a $43 billion market cap. That's still a common refrain in 2020 after a 420% market return in five years. Here are three ways the company will change over the next half-decade.
Image source: Netflix.
Source Fool.com
