prolly going to tank User @drewmcvay writes: Netflix price target should be ~$10-20, let alone $3xx-$4xx. They're nothing more than a studio that has subscriptions. If Netflix was able to charge $60/month or so, I think it'd be a game changer and they may be able to justify that valuation. The problem is, no one would ever pay that since they have limited content and don't provide the things that are the most expensive (live sports, fights). So here they are, just doing the same thing that others have done before them, which is produce content, which costs alot of money. Most of Netfix's peers, the ones that actually make money (because not all do, it's not a great business to be in), have a P/E around 10. In this market they have a P/E around 10. Usually it's sub 10. Disney may be the only one that can justify a premium higher than that, or some of the legacy names that have big pull with advertising dollars for shareholders. Not sure what's worse. Tesla which has a good product that probably won't ever make any money, led by a visionary. Netflix, which has a mediocre product at best, probably won't make any money, isn't doing anything revolutionary. Using the internet doesn't qualify your company as being revolutionary lol, just means you're like everyone else in the world. Easily the most overvalued large cap stock in the world, by some margin. Tesla you can at least argue some things. With Netflix there isn't much of an argument, will be amazing to see how fast it drops when the market starts to care about profits again. Agree or disagree? Login now to vote. Join the group of Value Stocks. With ~830 members. Comment below.