Seeking Alpha

Netflix (NFLX +6%) steadily rallied today as investors continue piling in following a...

Netflix (NFLX +6%) steadily rallied today as investors continue piling in following a blockbuster Q4 report and a positive reception to House of Cards. BMO raised its PT to $165 from $135, albeit while reiterating a Market Perform (the old target would've made Netflix a screaming buy 2 weeks ago). Meanwhile, The Atlantic's Rebecca Greenfield estimates Netflix will need to add 520.8K subs over the next 2 years on account of House of Cards to break even, and that HBO's track record suggests Netflix has a shot. (earlier)
Comments (1)
  • Hey Rebecca if Netflix brake even in 2 years then stock will start going down. Look at Apple. So Netfilx should always report loss and stock will keep going up and up and up.....
    4 Feb 2013, 06:50 PM Reply Like
DJIA (DIA) S&P 500 (SPY)