Where Will Netflix Stock Be in 1 Year?
Optimism has increased around Netflix (NASDAQ: NFLX), particularly following a dramatic recovery from its 2022 lows. As one of the world's most recognized brands and a leading content creator, it has increased its dominance over the entertainment industry as viewed entertainment switches to streaming.
Knowing that, it may surprise investors that the stock has underperformed the S 500 over a one-year time frame, it lost 11% last month, and trades at a 40% discount to its 52-week high. Knowing those facts, is it poised for a comeback over the next 12 months?
Let's take a closer look.
Source Fool.com
Netflix Inc. Stock
€68.64
-0.150%
The stock is one of the favorites of our community with 124 Buy predictions and 3 Sell predictions.
With a target price of 101 € there is a positive potential of 47.14% for Netflix Inc. compared to the current price of 68.64 €.
