Does Netflix's Long-Term Potential Justify Its Stock Price?
Netflix (NASDAQ: NFLX) management recently wrote in a shareholder letter:
We anticipate negative [free cash flow] to accompany our rapid growth for many years.
As with many high-growth companies, Netflix places less emphasis on current profits and earnings, and instead, shareholders must look to the future to justify the company's nearly $80 billion market valuation.
Source: Fool.com
Netflix Inc. Stock
€63.71
-0.380%
The stock is one of the favorites of our community with 123 Buy predictions and 3 Sell predictions.
With a target price of 100 € there is a hugely positive potential of 56.96% for Netflix Inc. compared to the current price of 63.71 €.
