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Netfix Earnings - NFLX On "Riskiest For 2016" List

Netflix Inc. (NFLX) earnings are out! And while the top-line was a big beat, $0.09 vs $0.02, the stock cratered about 14%. The real news was a huge miss on subscriber growth. Subs, for Q2, increased by 1.7mil vs estimates of 2.5mil. Also, streaming revenue and total subscribers missed analysts' estimates.

Analysts now cite huge cash needs for later in the year, expecting a coming debt financing. Also, there has been an apparent negative effect on browth based on their recent price increase. Some years ago, a price increase brought a massive debacle in the NFLX stock. So this seems like a "rerun." With a P/E over 300, and a deluge of analysts now lowering targets, this decline seems far from over.

Our analysis had NFLX stock on our "Riskiest for 2016" list. You can see that update here: http://www.talkmarkets.com/content/us-markets/best--riskiest...">Best & Riskiest Stocks First Half Recap.

We had two...


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