Streaming Titan's Stock Ready to Hit All-Time Highs This Year
Netflix(NFLX) MarketBeat·2024-07-19 22:47
Netflix's NASDAQ: NFLX stock price corrected about 5% ahead of its Q2 earnings release, and the correction may not be over now that the results are out, but it will soon result in a buying opportunity. Though mixed relative to analysts' consensus forecasts, the Q2 results were robust, featuring growth, margin expansion, and a forecast for increased capital returns, expected to drive higher stock prices over time.Netflix TodayNFLXNetflix$646.67 +3.63 (+0.56%) 52-Week Range$344.73▼$697.49P/E Ratio44.88Price T ...