Netflix Stock (NFLX) Maintains Bullish Momentum Despite High Valuation
Netflix (NFLX) continues to defy valuation concerns, trading above its 50-week moving average for nearly 18 months. The streaming giant's relentless growth in paid memberships since 2020 underscores its market durability, fueled by recurring revenue and strategic pivots into ad-supported tiers and live content.
With a 7.5% share of U.S. television viewership and ARPU of $17.20 in North America, Netflix's global dominance remains unchallenged. The company's evolution from DVD rentals to an AI-powered content studio demonstrates rare adaptability in the tech sector.