Netflix stock forecast 2021 goldman Sachs and Morgan Stanley’s

Goldman Sachs and Morgan Stanley’s Netflix stock forecast 2021 both predicted continued buyback programs signaling capital discipline, reducing float and enhancing shareholder value metrics across modeled scenarios. App-analytics firm Sensor Tower’s data suggest significant improvement in global download and daily-active-user trends through Q4, the analyst tells investors in a research note. Netflix’s expansion into live sports (deals with the NFL and WWE), reality TV, blockbuster movies, and more have helped it keep and gain subscribers. Netflix stock forecast 2021 analysis revealed sector-wide P/E compression as growth stocks recalibrated. However, Netflix’s P/E stayed above 50 due to premium valuation tied to brand dominance and pricing power.