Netflix is finished. They were first to market and built the brand, they were the only people skilled enough to make cloud streaming any good, and they enjoyed their temporary advantage in the market. The rest of the world caught up. It's over.
In terms of their stock, the only reason to ever own a stock is the promise of future cash flow, and yeah they'll probably get there, but bleh.
They’re definitely not the “must have” they may once have been. Way too many “must have” exclusives in way too many different elsewheres. I recently re-subbed after being gone for a year. Ran out of “catch up” content in less than a week. Un-subbed. Maybe I’ll do that again after another year or two.
In terms of their stock, the only reason to ever own a stock is the promise of future cash flow, and yeah they'll probably get there, but bleh.