Netflix, Inc.'s share price has declined an eye watering 47% from its highs, in November 2021. The firm has faced an intense battle in the streaming wars, which has resulted in their market share being eaten up, going from 51.4% in Q1 2020 to 43.6% in Q4 2021. Despite this the firm is still the market leader, with the lowest churn in the industry, top management, increasing margins and a large growth runway ahead. Is this stock worth tuning in for? Let's dive into the business performance, market opportunity, financials & valuation in more detail.
Visit Seeking Alpha to read this article.
