Last year, it looked like Netflix (NASDAQ: NFLX) might be a goner. Shares dropped more than 75% off their all-time high as subscriber growth dried up and revenue was flat.

However, the stock has recouped much of that loss after management announced plans to launch an ad-supported tier. Nevertheless, if you have owned Netflix stock for 12 months, you're still down -- albeit only 10%.

With all this volatility, investors might be asking themselves: Is now the time to own Netflix? Let's see what's happening with the company and what the future might hold.

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Source Fool.com