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
€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 €.
