Is Netflix Stock a Buy Now?
After its rapid ascent over most of the past decade thanks to its dominance in the burgeoning streaming landscape, (NASDAQ: NFLX) hit a bit of a rough batch. Slower revenue and subscriber growth caused the shares to tank 51% in 2022.
But investors have sat back, relaxed, and pressed fast-forward. Now this top streaming stock is up 91% since the start of 2023 (as of Feb. 2). Credit goes to remarkable momentum with the underlying business.
Should you buy Netflix shares now?
Source Fool.com
Netflix Inc. Stock
€64.11
0.330%
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 55.98% for Netflix Inc. compared to the current price of 64.11 €.
