Is Netflix Stock a Buy Now?
After its rapid ascent over most of the past decade thanks to its dominance in the burgeoning streaming landscape, (NASDAQ: NFLX) hit a bit of a rough batch. Slower revenue and subscriber growth caused the shares to tank 51% in 2022.
But investors have sat back, relaxed, and pressed fast-forward. Now this top streaming stock is up 91% since the start of 2023 (as of Feb. 2). Credit goes to remarkable momentum with the underlying business.
Should you buy Netflix shares now?
Source Fool.com
Netflix Inc. Stock
€581.60
-0.510%
Currently there is a rather positive sentiment for Netflix Inc. with 82 Buy predictions and 9 Sell predictions.
As a result the target price of 608 € shows a slightly positive potential of 4.54% compared to the current price of 581.6 € for Netflix Inc..
