Netflix Decade: $10k Investment Grows to Over $83,000
Investing in Netflix has been lucrative for shareholders over the past decade. From August 19, 2009 to August 19, 2023, Netflix's shares gained 734.3%, significantly outperforming the S&P 500 index's 316.2% total return.
A $10,000 investment in Netflix would be worth more than $83,000, while a similar investment in the S&P 500 would yield around $42,000.
However, some analysts believe that achieving such growth over the next decade is unlikely. Netflix's revenue has been growing steadily, but at a slower pace than expected. The company faces intense competition from streaming services like Amazon, Apple TV, and Disney.