Netflix (NFLX) Laps the Stock Market: Here's Why

Netflix closed at $73.36, up 2.19% on the day but down 9.8% over the past month. The company holds a Zacks Rank #4 (Sell) rating with a Forward P/E of 19.98, significantly above its industry average of 10.85. While earnings are expected to grow 38.98% next quarter and 41.9% annually, the stock's premium valuation and recent analyst estimate stagnation suggest caution.