Could a $20 Billion Cash Deficit Crush Netflix?
Netflix (NASDAQ: NFLX) has spent its way to success.
The company has built a global subscriber base of 99 million paid members, adding about 5 million in its most-recent quarter alone. It has also grown revenue by over 30% each of the past four quarters, and the streaming leader expects those gains to continue as it grows around the world.
Netflix has accomplished this by shifting from a strategy of licensing already-aired television shows and movies to producing its own. That's an expensive proposition, but one which the streaming giant has so far been very successful with. It's also a potential money pit if the company produces more pricey failures like Sense8 and The Get Down.
Source: Fool.com
Netflix Inc. Stock
€634.30
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Currently there is a rather positive sentiment for Netflix Inc. with 81 Buy predictions and 6 Sell predictions.
As a result the target price of 650 € shows a slightly positive potential of 2.48% compared to the current price of 634.3 € for Netflix Inc..
