Netflix $NFLXis Finished Growing. This Might be the Forever Top
Today Netflix missed its 5 million subscriber growth BY HALF! This certainly could be a sea change for how people see the company.
So many competitors coming online. Hulu, YouTube Premium, Disney+, Apple TV+. If they can't keep subscribers now, how will they when the space gets really saturated.
On a valuation standpoint, the company is VERY expensive, trading at 50x forward earnings and has $10b in debt.
So many competitors coming online. Hulu, YouTube Premium, Disney+, Apple TV+. If they can't keep subscribers now, how will they when the space gets really saturated.
On a valuation standpoint, the company is VERY expensive, trading at 50x forward earnings and has $10b in debt.