Advertisement
New Zealand markets closed
  • NZX 50

    11,946.43
    +143.15 (+1.21%)
     
  • NZD/USD

    0.5938
    +0.0004 (+0.06%)
     
  • NZD/EUR

    0.5545
    +0.0004 (+0.07%)
     
  • ALL ORDS

    7,937.50
    -0.40 (-0.01%)
     
  • ASX 200

    7,683.00
    -0.50 (-0.01%)
     
  • OIL

    82.80
    -0.56 (-0.67%)
     
  • GOLD

    2,327.60
    -14.50 (-0.62%)
     
  • NASDAQ

    17,526.80
    +55.33 (+0.32%)
     
  • FTSE

    8,040.38
    -4.43 (-0.06%)
     
  • Dow Jones

    38,460.92
    -42.77 (-0.11%)
     
  • DAX

    18,088.70
    -48.95 (-0.27%)
     
  • Hang Seng

    17,201.27
    +372.34 (+2.21%)
     
  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     
  • NZD/JPY

    92.1920
    +0.4260 (+0.46%)
     

Netflix Is Down 14% Over the Past Year. Time to Buy?

Netflix Is Down 14% Over the Past Year. Time to Buy?

Over the last 12 months, Netflix (NASDAQ: NFLX) shares have fallen 14%. While the stock is still higher than its May 2022 low point of $177 per share, the company faces a number of headwinds -- not least of which is increasing competition from subscription video on demand (SVOD) rivals. Let's break it down and determine if Netflix is buy-worthy today.