Should You Buy This Unstoppable FAANG Stock Right Now?
After a tumultuous 2022, growth stocks have been doing extremely well this year. It's clear that investors are warming up to the sector once again.
Streaming giant (NASDAQ: NFLX) in particular has seen its shares soar 45% in 2023. But investors might be able to take advantage of a recent dip in the stock price. The streaming giant's Q3 revenue forecast disappointed Wall Street, sending shares 10% lower since the earnings announcement.
Is it time to buy this unstoppable FAANG stock right now? Let's find out.
Source Fool.com
Netflix Inc. Stock
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 4.81% compared to the current price of 613.5 € for Netflix Inc..