Games Can Be Streamed, Too: Netflix Takes Another Confident Step Deeper Into the Video Game Market with New Beta Test
Digital media giant (NASDAQ: NFLX) is building an impressive portfolio of video games, but the gaming has been restricted to Android and iOS smartphones so far. That is changing now, as Netflix is testing a couple of game titles on a wider selection of devices.
The initial test run is limited to a handpicked list of users in Canada and the U.K., so this isn't a game-changing move quite yet. However, the details of this experiment tell me a lot about Netflix's long-term gaming ambitions -- and I'm getting excited about it.
I think we're looking at the early days of a real business here.
Source Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 111 Buy predictions and 7 Sell predictions.
At the moment Netflix Inc. has reached the predicted target price of 1045 €, with a current price of 1043.4 €.