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Netflix: Q3 Shows The Power Of Company’s Licensed Content (NASDAQ:NFLX)

5 Mins read

Investment Thesis

The last time I wrote about Netflix, I mentioned how the actors’ and writers’ strikes were unlikely to have an adverse impact on the company relative to its peers. In this article, I discuss the company’s Q3 performance and argue why moves

Forward P/E Multiple Approach

Price Target

$460.00

Projected Forward P/E Multiple

33x

PEG Ratio (NTM)

1.32

Projected Earnings Growth

25%

Projected FY24 EPS

$13.95

Read the full article here

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