Muan
2022-05-06

Shucks

@KevinKelly：
Netflix got hammered again recently, bringing its total decline down to 75% from its all-time high several months ago. The streaming giant lost subscribers for the first time in more than ten years. However, the stagnant growth period could be transitory. Moreover, Netflix is growing more profitable and should report around $12 in EPS next year. I can't remember the last time Netflix traded around a 16 forward P/E multiple, but the company's stock is dirt cheap right now. Don't count Netflix's growth story out just yet. The company's stock could go much higher in future years.
Netflix got hammered again recently, bringing its total decline down to 75% from its all-time high several months ago. The streaming giant lost subscribers for the first time in more than ten years. However, the stagnant growth period could be transitory. Moreover, Netflix is growing more profitable and should report around $12 in EPS next year. I can't remember the last time Netflix traded around a 16 forward P/E multiple, but the company's stock is dirt cheap right now. Don't count Netflix's growth story out just yet. The company's stock could go much higher in future years.

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