Can I Have Your Attention Please? Netflix Is No Longer Just a Streaming Platform. Here's What the Company Is Building Next.
(NASDAQ: NFLX) completely revolutionized the way content is consumed. While the company originally began as a DVD rental service, Netflix quickly pivoted to a streaming model.
For years, other media companies have tried to catch up and build their own streaming platforms. Outside of Netflix, some of the more prominent streamers come from industry giants like The Walt Disney Company, Warner Bros. Discovery, and Amazon.
In my opinion, many of the streamers above only produce a couple of shows that you might watch once per year. So, how do these services acquire users and keep them sticky?
Source Fool.com
Netflix Inc. Stock
€634.40
1.570%
Currently there is a rather positive sentiment for Netflix Inc. with 80 Buy predictions and 7 Sell predictions.
As a result the target price of 649 € shows a slightly positive potential of 2.3% compared to the current price of 634.4 € for Netflix Inc..
