Netflix's Game-Changing Ideas: What Investors Need to Know
Media-streaming veteran (NASDAQ: NFLX) reported second-quarter results on Thursday, July 10. The results were consistently slightly better than management's guidance, edging out Wall Street's consensus estimates across the board.
As always, the numbers don't tell the whole story. Netflix's management provided some eye-opening commentary on the second-quarter earnings call, and investors should pay attention to these potentially game-changing insights.
The 42-minute call had way too many notable moments to cover them all in one short article, but a handful of details stood head and shoulders above the rest:
Source Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 78 Buy predictions and 7 Sell predictions.
As a result the target price of 643 € shows a slightly positive potential of 4.83% compared to the current price of 613.4 € for Netflix Inc..