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Netflix Stock: Should You Buy the Post-Earnings Dip?
The Motley Fool·
Netflix reported Q3 earnings that met revenue expectations and beat on EPS, but disappointed the market with underwhelming full-year guidance projecting 13% revenue growth. The stock has declined 30% year-to-date and is now trading at a forward P/E of 17, below the S&P 500 average of 19. Despite near-term headwinds around slowing growth, the analyst suggests the stock may be an attractive buy for patient investors given its reduced valuation and double-digit growth fundamentals.
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