Netflix Is Treading the Line Between Innovation and Overvaluation
NFLXNetflix(NFLX) Gurufocus·2024-09-13 21:00

Netflix Inc. (NFLX, Financial) is up more than 50% over the past year, outpacing rivals in the streaming space, thanks to a mix of originality, strategic alliances and a continuous focus on subscriber acquisition.The latest earnings confirm the company is not a spent force. Subscribers are up in the last six quarters in a row, bringing its total count to approximately 278 million by mid-2024. A lower-priced ad-supported tier has helped immensely. Netflix has grown its ad inventory and upgraded its ad soluti ...