3 Things Netflix Still Needs to Get Right
Netflix (NASDAQ: NFLX) came through with another blowout report on Monday, and the market's rewarding investors by pushing the stock up to a new all-time high. The leading player in premium video streaming seems to be doing everything right these days. It's growing revenue at a healthy clip with improving margins pushing earnings even higher. The platform is a true globetrotter, and international subscribers just eclipsed its stateside user count.
This doesn't mean that Netflix is perfect. There are still a few areas where the dot-com darling can improve. Let's go over a few of the issues that the market's setting aside in Tuesday's otherwise well-earned rally.
Image source: Netflix.
Source: Fool.com
Netflix Inc. Stock
€643.30
0.160%
Currently there is a rather positive sentiment for Netflix Inc. with 83 Buy predictions and 9 Sell predictions.
However, we have a potential of -0.2% for Netflix Inc. as the target price of 642 € is below the current price of 643.3 €.
