We’ve been bearish on Netflix (NFLX: $310/share) for many years, and it seems as if the market is finally catching on to the issues with the business model that we’ve seen all along. The stock is down 15% after the company missed subscriber expectations for Q2, and short interest is up 20% over the past month.
At this point, we think it’s hard to ignore all the red flags in Netflix’s fundamentals and valuation. Here’s a list of all the reasons why Netflix will struggle to justify its valuation. Netflix is in the Danger Zone.Not a Member Yet? You need a Gold Membership or higher to view the content on this page.
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