Netflix Stock Has a Lot to Prove Next Week
Earnings season is here, and the first of the FAANG stocks to report will be Netflix (NASDAQ: NFLX). The provider of the world's most popular premium video-streaming service will offer up its third-quarter results next week, shortly after Tuesday's market close.
Expectations are high with the stock hitting an all-time peak on Thursday of last week. Analysts are jacking up their price targets, a good sign heading into a telltale financial update. Can Netflix live up to the hype or will it prove mortal next week? Let's size up the scene.
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Source Fool.com
