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Netflix: The Days of Rapid Growth Are Over

TheMotleyFool 
0 0 29.07.26
Netflix: The Days of Rapid Growth Are Over: https://g.foolcdn.com/editorial/images/880733/building-with-netflix-logo-on-top_netflix.jpg
 

When (NASDAQ: NFLX) reported its financial results for the second quarter, shares initially sold off. Revenue had increased 13.4% year over year to $12.6 billion, but this figure came in below Wall Street forecasts.

Investors must understand that this streaming stock is now in a different phase of its life cycle. The days of rapid growth are over for Netflix.

Image source: Netflix.

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Source Fool.com

Netflix Inc. Stock

€67.44
2.680%
There is an upward development for Netflix Inc. compared to yesterday, with an increase of €1.76 (2.680%).
With 125 Buy predictions and 3 Sell predictions Netflix Inc. is one of the favorites of our community.
As a result the target price of 100 € shows a positive potential of 48.28% compared to the current price of 67.44 € for Netflix Inc..
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