Current price: $314
StarMine target: $56.60
Netflix is up 240% this year thanks to strong earnings and subscriber gains. Original series like "House of Cards" and "Orange Is the New Black" have been hits. But CEO Reed Hastings is worried about the meteoric rise in the company's stock price.
Last week, Hastings said some of the "euphoria" for the stock feels like 2003. Shares of Netflix rallied 400% that year, but plunged in 2004 and have been fairly volatile since.
According to StarMine analysis, shares of Netflix are trading more than five times where they should be."