Netflix Stock: Bear vs. Bull
's (NASDAQ: NFLX) stock price jumped nearly 13% during after-hours trading Wednesday after it posted a strong third-quarter earnings report. The streaming video leader's revenue rose 8% year over year to $8.54 billion and matched analysts' expectations. Its EPS grew 20% to $3.73 and also cleared the consensus forecast by $0.23.
Netflix's headline numbers looked rock-solid, but does its stock still have room to run after rallying more than 40% over the past 12 months? Let's review the key numbers -- along with the bear and bull cases -- to see if it's worth buying.
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Source Fool.com
Netflix Inc. Stock
€611.80
-4.220%
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 643 € shows a slightly positive potential of 5.1% compared to the current price of 611.8 € for Netflix Inc..
