Obviously NFLX is not a $3 stock at this point.
5 years from now it may be.
Either way NFLX had a nice little pop today or more of a dead cat bounce than anything else .
As soon as the markets show a little weakness $ will come out of this very fast .
NFLX is a $40 - $50 stock realistically at best.
The current proper valuation for NFLX is less than $3.
I cannot tell the future, so I don't know what NFLX should be 5 years from now, but it may be out of business by then if the management cannot find a way out of the trouble and only trying to blame Olympics and others for the bad performance.
Yeah and AMZN has earning worse than Netflix and trades at 230 a share. It's all a game. About the only thing left trading the pro side is the machines. Analyst are self serving jokes. Flash traders can make 1000 trades while yours is still trying to execute. Only way to beat the is to day trade and try to figure out where they are going to push it. My guess is 55.00 on Friday, but we will see
That is not ture.
AMZN annual earnings will be $0.87 per share while Netflix is only $0.01 per share.
If you use AMZN valuation to value Netflix, then Netflix should be worth only $2.71. Less than $3.
The overpriced case for NFLX is so obvious. That was why a simplified comparison is good enough. We are not talking about NFLX is overpriced by a few dollars. We are talking about NFLX is overpriced by $50 dollars.
What growth? There is no growth. Unless you count negative growth as growth.
The biggest mistake people make with a dying company is that people are still thinking yesterdays' company can still grow when it is already showing signs of dying.
Your an idiot. Next year's estimated growth is 10,000.00%, if you manage to get 1/2 of that this will be valued @ $150
You shorts will be covering fast. This story is far from over. There are reasons why Netflix is embedded in every BRAY, PHONE, XBOX machines.
LOL. Next year? Let me tell you what will happen next year. Amazon will put even more video contents to its streaming service for FREE. ISPs will get even more aggressive to bundle video services for FREE also. Next year will be even worse than this year for Netflix.
You should sell and get out of this stock NOW. Because until Netflix can really show a good report, this stock is only worth less than $3. It is just a bursting bubble stock.
This would be a $3 stock if NFLX decided to stop investing in growth to show higher EPS. Someone else would step in and grow the streaming market while NFLX was left behind. Comcast was once a heavily shorted small company operating in the red. They would not have a 65 billion MC today if they had chose to show EPS back then.
All companies aimed for growth, but many of them went out of business, and more are still going out of business every year. The bad NFLX reports of the past few quarters speak for themselves. This stock will continue to go down until NFLX reports a good report. If you do not sell and get out at the first sign of trouble, you will just keep watching your money goes down the toilet.
The valuation based on the past reports and projected net profits point to a true worth of $3 or much less. It is still a couple of months aways from the next report. At the current rate of dropping, this stock will be $3 and ready to see if it deserves more than $3.