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MITCH ANDERSON OCTOBER 8, 2011. Details. Netflix Inc (NASDAQ:NFLX) SECTOR: Retail Trade INDUSTRY: Internet Retail MARKET CAP: $6.2 billion SUBSCRIBERS: 25 million (according to Netflix Website). Profile.
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MITCH ANDERSON OCTOBER 8, 2011
Details Netflix Inc (NASDAQ:NFLX) SECTOR: Retail Trade INDUSTRY: Internet Retail MARKET CAP: $6.2 billion SUBSCRIBERS: 25 million (according to Netflix Website)
Profile Netflix, Inc. is an Internet subscription service company, which provides subscription service streaming movies and TV episodes over the Internet and sending DVDs by mail. It is organized into two operating segments: Domestic and International. The Domestic segment provides subscription services consisting of streaming content and DVD-by- mail with in the United States. The International segment offers unlimited streaming plan without DVDs in Canada. Netflix was founded by Marc Randolph and Reed Hastings in August 1997 and is headquartered in Los Gatos, CA.
Analysts Forecast Stock Price Forecast The 22 analysts offering 12-month price forecasts for Netflix Inc have a median target of 218.50, with a high estimate of 310.00 and a low estimate of 96.00. The median estimate represents a +86.42% increase from the last price of 117.21.
Controversy -Doubling of Fees -Separation into Netflix and Qwikster
Competition Hulu Amazon Prime Youtube Rentals Android Rentals Blockbuster (teamed with dish network)
Bottom Line • Recent over correction • Significant upside potential • Limited downside potential