So far, 2026 has not been a strong year for Netflix (NASDAQ: NFLX) and, unfortunately for the streaming platform's investors, some Wall Street analysts appear to have relatively little faith in a recovery within the foreseeable future.
Netflix Inc. (NASDAQ:NFLX) stock traded higher Tuesday in premarket trading as U.S. stock futures remained steady. Nasdaq futures rose 0.12%, while S&P 500 futures gained 0.05%.
Netflix shares have taken a hit lately. One group of experts sees the streaming giant's stock falling even further.
“We see breakout hits as a must for the stock to work again,” Wells Fargo analysts said as they cut their rating on shares of the streaming platform.
Wells Fargo & Co (NYSE:WFC, XETRA:NWT) downgraded Netflix Inc (NASDAQ:NFLX, XETRA:NFC) to "underweight" from "equal weight" Friday, with analysts warning that weaker engagement and content could pressure margins and valuation. Wells Fargo cut its price target to $57, implying about 25% downside according to the note, and lowered its valuation multiple to 15 times forward earnings from 21 times.
Netflix (NFLX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
The streamer desperately needs to find the next Squid Game. Weak engagement numbers are dire news for its shares, down 20% this year.
Netflix (NASDAQ:NFLX | NFLX Price Prediction) stock is falling in Friday morning trading after Wells Fargo cut its rating and slashed its price target on the streaming leader. Shares are down 4% to $72.
The latest season of Netflix's "Monster" tells the story of Lizzie Borden. Borden was tried and acquitted for the hatchet murders of her father and stepmother in 1892.
DIS' diversified growth, streaming profitability and rich content slate give it an edge over NFLX as investors weigh valuations.
Netflix shares have shed more than a third of their value over the past year, yet the company's ad business is exploding and buybacks are hitting record pace.
Netflix Chief Content Officer Bela Bajaria said the streamer looks for "unmissable" moments when thinking about its live event and sports strategy. She said the company would be open to a package of international NFL games if one becomes available when the league renegotiates its media rights agreements.