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home / news releases / NFLX - Netflix Q1 Earnings: Uncertainty Led The Sell-Off But There's More To This

NFLX - Netflix Q1 Earnings: Uncertainty Led The Sell-Off But There's More To This

Netflix Inc.

2024-04-19 03:09:31 ET

Summary

  • Netflix's decision to phase out reporting quarterly membership figures caused uncertainty and a stock sell-off.
  • The lack of transparency in membership figures suggests the Company is no longer a growth stock.
  • Despite this, paying 24x forward free cash flow for NFLX is an attractive opportunity for investors.

Investment Thesis

Netflix ( NFLX ) delivered Q1 2024 results and the stock sold off. And why wouldn't it? After all, the one thing that investors positively hate is uncertainty. Uncertainty comes a close second to bad news....

For further details see:

Netflix Q1 Earnings: Uncertainty Led The Sell-Off, But There's More To This
Stock Information
Company Name: Netflix Inc.
Stock Symbol: NFLX
Market: NASDAQ
Website: netflix.com
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