NASDAQ:NFLX
Netflix Inc. (NFLX)
Financials 
Technical Analysis 
Aug 1, 2026, 12:00 amThis summary was created by AI, based on 78 opinions in the last 12 months.
Netflix Inc. (NFLX-Q) is facing a challenging environment as its North American growth slows due to market saturation and increased competition from digital content platforms. While international revenues are growing, these come with lower margins, leading to a transition from growth to value investor interest. The company’s latest guidance indicates reduced expectations, which has led to a decrease in share prices, prompting some analysts to consider it undervalued. Despite the challenges, Netflix maintains significant operational strengths, including strong free cash flow and a commitment to content creation, particularly in live sports and local programming. The overall sentiment is mixed, with some expressing optimism for a rebound, particularly if the company can capitalize on its existing franchises and address content gaps efficiently.
(10-for-1 stock split 17 Nov 2025) Volatility all due to the chase for WBD, and now they get a $2.8B breakup fee. Market was concerned about this acquisition. Should recover, expects it to be the long-term leader.
Stan WongMakes sense this bounced after it bowed out of the Warners bidding. Warners would have diluted a stronger company. Wouldn't buy it now. He sees long-term secular decline in streaming, because young people prefer YouTube, which is twice as big as Netflix. North American Netflix numbers are starting to fade, too.
Did the right thing by making a bid without destroying their balance sheet, and then pulled away. They get a $2.8B breakup fee. Still the largest streamer in the world. Great business, continues to grow.
Given what it paid, Paramount's going to have to do a lot of work to make the acquisition accretive.
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Premium contentOn the last trading day of February, Netflix announced it was giving up its bid for Warner Bros. Discovery. Instantly, shares soared over 10%, and we feel there's still room to run. Netflix is the undisputed king of streamers and wins in virtually every metric, including subscriptions and revenues, which are growing double-digits. How often does a great stock trade at such low valuations? Netflix's PE was Last September 30, it was 50.08x, and was 57.06x on June 30, 2025. At midday Feb. 27, NFLX was trading at 32.73x—and that was after a 13% pop. Buy now and hold.
Always look to where the fires and disasters are. Street kept selling and selling, and his firm kept buying to a 5% position. Great company, fantastic library, great position. Not the end of the world to not get WBD, and Paramount needs NFLX for distribution. Profits are growing.
John O'Connell, CFAThe Warners deal has impacted NFLX with concerns over how much debt NFLX would take on. Also, some ask why they want Warners? He thinks Netflix is a great company whether they buy Warners or not. If they don't get Warners, NFLX will receive a break fee. NFLX shares are near 2022 lows. NFLX continues to grow subscribers and revenues in double digits. He sees Warners as a good pick-up because NFLX would drive penetration of HBO and Warners content globally. There's a huge runway. NFLX could still keep movies in theatres or syndicate shows to third parties.
(Analysts’ price target is $110.07)
More of a contrarian play. Lots of noise. Continues to strengthen its competitive positioning. Only platform with true global distribution. Sustainable, positive FCF. Pullback is opportunity. Subscriber trend remains solid. Foray into live events is positive. No dividend.
(Analysts’ price target is $110.07)
Brianne GardnerHis team has been circling this one. Valuation of 24x PE much more attractive and reasonable now. Topline growing 12-13%. Go-to streaming offering. Continues to joust for the WBD asset -- it wants just the streaming business, whereas Paramount wants the whole thing. Trump's weighed in (as he does on everything), so it's going to come under regulatory scrutiny for a long time, and that will be an overhang.
Looking good at these levels. Great execution. Likes the underlying fundamentals.
Challenged of late because of concerns about spending to acquire WBD and is that worthwhile? Long-term aspects of the deal indicate that NFLX will be such a big content and media provider that it can beat out all competition.
Subscriber base continues to grow. Despite capex spend, still sees ~20% earnings growth going forward. Trades ~24x forward PE, not expensive. Likes it, but market's pummeling it. Approaching support levels. If you don't own, add slowly and see where it goes.
Fallen below 200-day MA, which is starting to turn -- a bit concerning.
Is holding on. Yes, there are issues concerning the Warner Bros. deal, but this is the best streamer. He owns the best companies. Will reconsider if there are bad operation moves.
Brian Belski
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They will stream MLB's opening night. Anything under $100 is free money; he just added more. Only this and YouTube are the only entertainment companies worth owning. Is -3% this year, but +17% since they ended the Warners deal. NFLX should grow 10% or more annually, and should earn $5 per share by 2028. A 20-25x PE is justified. He targets $100-120.