Morningstar
•
Jul 17, 2026
Netflix, Inc.: Netflix Earnings: Fine Results but No Excitement, and a Highlighted Metric Again Gets De-Emphasized
Symbols
NFLXSector(s)
Communication Services
Rating
Current Price
78.25
Fair Value
Economic Moat
Stewardship
Summary
Netflix’s relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 325 million subscribers globally. Netflix
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