Does Netflix's Long-Term Potential Justify Its Stock Price?
Netflix (NASDAQ: NFLX) management recently wrote in a shareholder letter:
We anticipate negative [free cash flow] to accompany our rapid growth for many years.
As with many high-growth companies, Netflix places less emphasis on current profits and earnings, and instead, shareholders must look to the future to justify the company's nearly $80 billion market valuation.
Source: Fool.com
Netflix Inc. Stock
€655.60
2.820%
With 81 Buy predictions and 4 Sell predictions Netflix Inc. is one of the favorites of our community.
However, we have a potential of -0.4% for Netflix Inc. as the target price of 653 € is below the current price of 655.6 €.
