Netflix Stock Has a Lot to Prove on Monday Afternoon
![Netflix Stock Has a Lot to Prove on Monday Afternoon Netflix Stock Has a Lot to Prove on Monday Afternoon](http://g.foolcdn.com/editorial/images/459418/nflxsandywexler.jpg)
There's a lot of positive momentum as Netflix (NASDAQ: NFLX) barrels toward Monday's pivotal quarterly report. The premium streaming juggernaut hit another all-time high on Friday, topping $200 for the first time on an intraday basis.
The stock has soared 23% since the company posted its second-quarter financials three months ago, and that's the kind of helium that results in lofty expectations for the upcoming report. Netflix stock is on fire, and it's going to need another blowout performance to keep it that way.
Image source: Netflix.
Source: Fool.com
Netflix Inc. Stock
Our community is currently high on Netflix Inc. with 80 Buy predictions and 7 Sell predictions.
With a target price of 649 € there is a slightly positive potential of 2.3% for Netflix Inc. compared to the current price of 634.4 €.