ALTSTATION.IO
Netflix, Inc. (NFLX) Stock Analysis
By Nova Skye | AltStation.io | Updated October 11, 2026
Company Overview
Information unavailable.
Key Financials
Market Cap
$293.70B
Revenue
$48.37B
EBITDA
$14.73B
Gross Margin
49.1%
Profit Margin
28.2%
Revenue Growth
13.4%
Total Cash
$9.13B
Total Debt
$16.65B
Free Cash Flow
$25.39B
52-Week Price Performance Analysis
Price Statistics
P/E Ratio
22.18
Forward P/E
18.53
Beta
1.61
52-Week High
$124.86
52-Week Low
$65.08
EPS
$3.18
50-Day Avg
$75.38
200-Day Avg
$83.57
Price/Book
9.74
Technical Analysis
NFLX trades at $70.53, just 9% of the way from its $65.08 52-week low to its $124.86 high. The stock is 43.70% below that high and only 8.02% above the low, confirming a weak 52-week trend. Price sits 1.90% below the 20-day moving average of $71.66. Five-day momentum is positive at 4.83%, but 20-day momentum remains negative at 9.17%. Near-term support is $67.06, while resistance sits at $82.73.
Recent News and Developments
NFLX gains 4.83% for the week
Netflix closed October 9 at $70.30, down 1.77% Friday but up 4.83% over five trading days. Shares traded between $66.54 and $72.10 during the period. Source: Barchart
Morgan Stanley and Barclays cut Netflix targets
Morgan Stanley kept its Overweight rating but cut its price target from $83 to $80 on October 8. Barclays kept Equal Weight and reduced its target from $80 to $70 one day earlier, while TD Cowen reiterated Buy with a $100 target on October 5. Source: Benzinga
StoneX holds Netflix as earnings approach
StoneX reiterated Hold and projected third-quarter revenue of $12.86 billion, up 11.8% year over year, with operating income of $4.29 billion and a 33.3% margin. The firm cut its 2026 operating-income estimate from $16.22 billion to $16.14 billion and its 2027 estimate from $19.54 billion to $19.05 billion. Source: Investing.com
Market Sentiment and Analyst Recommendations
Bull Case
Revenue is $48.37 billion and growing 13.4%, which is strong growth for a company with a $293.70 billion market cap. The advertising business is gaining traction, with Netflix reporting roughly 12 times more campaigns in Japan from January through September than a year earlier. Interactive Video Ads launched September 29, and live WWE advertising packages are scheduled to begin in November. Netflix also secured 17 Disney-owned titles rolling out through early 2027, strengthening its content offering. The analyst consensus is buy across 45 analysts, with an average target of $92.55 versus the current $70.53 price. At 22.18 times earnings and 43.70% below its 52-week high, NFLX offers a credible recovery setup if revenue growth and advertising momentum hold.
Bear Case
The stock is down 43.70% from its $124.86 52-week high, and the longer near-term trend is still weak with 20-day momentum at negative 9.17%. NFLX also trades below its $71.66 20-day moving average, so the five-day rebound has not repaired the chart. Total debt of $16.65 billion exceeds total cash of $9.13 billion. Analyst conviction is mixed despite the overall buy recommendation: Morgan Stanley cut its target from $83 to $80, while Barclays reduced its target from $80 to $70. StoneX also cut its 2026 operating-income estimate from $16.22 billion to $16.14 billion and its 2027 estimate from $19.54 billion to $19.05 billion. The analyst target range runs from $57 to $135, showing a wide gap between bearish and bullish expectations.
What to Watch
The first technical test is whether NFLX can reclaim its $71.66 20-day moving average after closing at $70.53. A break below $67.06 support would put the stock closer to its $65.08 52-week low, while a move above $82.73 resistance would strengthen the recovery case. Investors should compare upcoming third-quarter results with StoneX’s projection of $12.86 billion in revenue, $4.29 billion in operating income, and a 33.3% operating margin. That revenue projection represents 11.8% year-over-year growth, below the current 13.4% revenue growth figure. November matters because Netflix plans to begin live WWE advertising packages, providing another test of its advertising strategy. Investors should also watch whether the rollout of 17 Disney-owned titles through early 2027 supports growth and whether analysts continue cutting targets after the recent Morgan Stanley and Barclays reductions.
Analyst Consensus
BUY
Based on 45 analyst opinions
Low Target
$57.00
Mean Target
$92.55
High Target
$135.00
Earnings and Financial Data
Sector
Communication Services
Industry
Entertainment
Employees
16,000
Earnings & Dividends
Next Earnings
Oct 20, 2026
EPS (Trailing)
$3.18
Dividend Yield
None
Payout Ratio
0%
Frequently Asked Questions
Is NFLX a good stock to buy?
The recommendation is buy based on 45 analysts, and revenue is growing 13.4%. The clear takeaway is that analysts favor NFLX, but the weak 20-day momentum makes entry timing important.
What is NFLX’s price target?
The average analyst target is $92.55, with estimates ranging from $57 to $135. The clear takeaway is that the average target sits above the current $70.53 price, but analyst expectations vary widely.
Is NFLX stock undervalued?
NFLX trades at a P/E ratio of 22.18 and sits 43.70% below its 52-week high. The clear takeaway is that the stock is heavily discounted from its high, but the provided data does not establish a definitive fair value.
What are NFLX’s support and resistance levels?
Near-term support is $67.06, and near-term resistance is $82.73. The clear takeaway is that these are the key 30-day levels to watch.
How strong is NFLX’s momentum?
NFLX gained 4.83% over the last five trading days but lost 9.17% over the last 20 trading days. The clear takeaway is that short-term momentum has improved while the broader near-term trend remains negative.
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Disclaimer: This report is for informational purposes only and does not constitute financial advice. The analysis and opinions expressed are those of AltStation.io and should not be relied upon as the sole basis for investment decisions. Always conduct your own research and consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results. Updated October 11, 2026.