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Netflix (NFLX) Stock: The Streaming Giant That Just Won’t Stop Growing
Netflix (NFLX) Stock: The Streaming Giant That Just Won’t Stop Growing
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Netflix shares have surged 25% since April, outpacing the S&P 500’s modest 4.1% gain. The streaming behemoth now flirts with a $500 billion market cap, its stock trading at $1,173.25—a testament to its relentless growth trajectory.
The company’s ad-supported tier now boasts 94 million monthly active users, up sharply from 70 million in November. Analysts maintain bullish price targets as high as $1,230, citing untapped potential in advertising revenue streams.
While the stock trades at a premium valuation of 43 times future earnings, Netflix’s earnings growth projections may justify the lofty multiple. The company continues defying market headwinds, emerging as a rare outperformer amid geopolitical volatility.
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