Netflix Stock: Buy, Sell, or Hold in 2022?
Netflix (NASDAQ: NFLX) reported 2021 fourth-quarter financial results last week, and although the company beat on both the top and bottom lines, what shareholders really care about are the subscriber numbers. The business added 8.3 million customers in Q4, slightly less than the 8.5 million management had forecast three months ago.
What really crushed the stock, however, was the Q1 projection of 2.5 million subscriber adds. Wall Street analysts were expecting 6.9 million new members in the quarter currently underway. Share prices fell more than 20% on the news.
Given this latest earnings report and the news surrounding it, what should investors do with Netflix stock? Is it a buy, a sell, or a hold right now? Let's try to find the answer.
Source Fool.com
