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Earnings Estimates Moving Higher for Netflix (NFLX): Time to Buy?
NetflixNetflix(US:NFLX) Zacks Investment Research·2024-01-30 02:21

Investors might want to bet on Netflix (NFLX) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this internet video service, should get reflected in its stock price. After all, empirical research shows a strong correlation betwe ...