Netflix Inc

NFLX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$679.00	Tdhgqxf	Kkkgtmzjr

Netflix: We Expect the Firm’s Lead on Competitors to Continue

Matthew Dolgin

Nov 30, 2023

After taking a critical look at Netflix, we are raising our fair value estimate to $410 from $350 while maintaining our narrow moat rating and revising our Morningstar Capital Allocation Rating to Exemplary, from Standard. We expect Netflix to maintain its leading position in the television streaming industry at least throughout the decade.

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