NFLX | Netflix, Inc.
Early on in the COVID-19 pandemic, Netflix (NASDAQ:NFLX) was heralded as one of the big winners of the new stay at home economy.
Netflix's revenue for the year 2020 reached $25, an increase of 24% from 2019.
We are fast approaching the end of January which means one thing in the investing world: the first earnings season of the year.
The COVID-19 stay-at-home quarantine caused Netflix subscriptions to go into hyper speed as the company posted 110% subscriber growth in the first half of 2020.
The company’s third quarter forecast disappoints investors, the stock is down 10%.
Analyst Heath Terry raised his price target on the stock from $540 to $670.
