Remarkable Stock for GARP Investors –Netflix

  Remarkable Stock for GARP Investors –Netflix Since Companies Do Not Grow Rapidly İn Every Period, There İs A Point Where İt İs Expected To Continue To Grow At A Slower But Steady Pace. When the company reaches that point, it is necessary to look at the event differently. For Wells Fargo's Steven Cahall, Netflix NFLX (NASDAQ) $518,06 0,00 (%0,00) has now reached that stage. “NFLX appears to have moved from Growth to GARP because it has outstripped its stock net earnings and re-emerged as a company that has increased earnings,” the analyst said. “We also think that Career performance will be able to provide long-term EPS growth guidance”.

Since Companies Do Not Grow Rapidly İn Every Period, There İs A Point Where İt İs Expected To Continue To Grow At A Slower But Steady Pace.

Cahall stating that “Netflix has changed thanks to the pandemic. And now kept saying, NFLX is no longer “primarily a subscriber story,” For example, streaming revenue growth in the last 5 years has been 79%/21% between subscriptions and price, while in the next 5 years, Cahall predicts that will change to 67/33%. In a nutshell, Cahall says he "likes the current entry point," reiterating an Overweight (i.e. Buy) rating for the stock, along with a $700 price target. If the thesis comes true, a twelve-month gain of about 35% could potentially appear. Other analysts on Wall Street also agree that the average price target is $611,27, showing a potential 12-month gain of 18%.  

Source: Yahoo.Finance

 

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