What Could Netflix Stock Be Worth In Three Years?

Over the past twelve months, Netflix (NFLX) stock has lost 40%, trailing the 17.0% return of the S&P 500. The shares now trade at 21.6 times earnings. That multiple sits well below what investors used to pay for them. Excluding readings above 100, the company's P/E averaged 39.7 at the last twelve quarter-ends. Yet the company's sales are still growing. So if Netflix keeps selling more, what would a share you buy today be worth three years from now.