Netflix (NFLX) is an online movie streaming company that competes with cable and satellite operators like Time Warner Cable (TWC), Comcast (CMCSA), Dish Network (DISH) and DirecTV (DTV) for streaming and pay-TV services, as well as video rental services like Redbox.
Our price estimate for Netflix’s stock stands at $106, significantly below the current market price. The price difference is largely attributable to our concerns over market saturation for Netflix. In our previous article on the subject, we quantified the subscriber base outlook implied by Netflix’s current market price (Netflix Stock is a Risky Bet with Market Saturation on the Horizon).
Complete Story »
No comments:
Post a Comment