Is Netflix's Stock in Trouble?
(NASDAQ: NFLX) has proven that it can win in streaming in a huge way. Not only is the business highly profitable, but it has successfully gone toe-to-toe against some of the biggest content producers in the world. It has crafted a great growth story and turned a once-risky stock into a blue-chip investment.
As Netflix has grown, however, so too have investors' expectations for it. The company's market cap is more than $460 billion, making it one of the 20 most valuable stocks in the U.S. market. But recently, when Netflix reported its third-quarter earnings, the results fell short of Wall Street's targets. Could this spell trouble for the stock?
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Source Fool.com
Netflix Inc. Stock
€79.48
0.280%
With 135 Buy predictions and 1 Sell predictions Netflix Inc. is one of the favorites of our community.
As a result the target price of 108 € shows a positive potential of 35.88% compared to the current price of 79.48 € for Netflix Inc..
