Reported 1 day ago
Netflix has seen remarkable growth, with its stock price increasing over 1,100% in the last decade. Currently valued at nearly $530 billion, the company aims to reach a $1 trillion market cap by 2030, requiring around 14% annual growth. As it expands into sports content and advertising while enhancing its global reach, Netflix's strategy focuses on sustaining earnings growth, which may justify its high price-to-earnings ratio. Ambitious targets set by the management suggest a strong path forward, although some analysts recommend exploring other potentially higher-return investments.
Source: YAHOO