Why Netflix Stock Was Soaring This Week
Netflix (NASDAQ: NFLX) was surging this week after the streaming stock dazzled investors in its fourth-quarter earnings report, posting strong subscriber growth and offering bullish guidance for the coming year.
The report showed that Netflix had put earlier concerns about hitting a wall in subscription growth fully behind it. According to data from S&P Global Market Intelligence, the stock was up 14% from last week as of 2:30 p.m. ET on Thursday.
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Source Fool.com
Netflix Inc. Stock
€62.21
-1.910%
The stock is one of the favorites of our community with 124 Buy predictions and 3 Sell predictions.
With a target price of 100 € there is a hugely positive potential of 60.75% for Netflix Inc. compared to the current price of 62.21 €.
