Netflix Proved Yet Again Why It's the King of Streaming. Should You Buy the Stock?
Earnings season is in full swing, and one of the most scrutinized companies on Wall Street had a lot to report. Streaming giant (NASDAQ: NFLX) kick-started tech earnings last week.
Normally, investors tend to harp on certain key performance metrics for streamers, including subscriber growth. However, Netflix had far more to talk about than just growth in subscribers and traditional financial measures. The company is seeing progress in some new strategies. For instance, the launch of immersive experiences could take Netflix's brand to a whole new level.
Let's dig into the Q3 report and assess Netflix's results to see what lies ahead for the streaming giant -- and its shareholders.
Source Fool.com
Netflix Inc. Stock
€587.40
1.000%
Our community is currently high on Netflix Inc. with 81 Buy predictions and 8 Sell predictions.
With a target price of 609 € there is a slightly positive potential of 3.68% for Netflix Inc. compared to the current price of 587.4 €.
