Netflix Stock Crashing Again - Here Is When I'll Buy

AI-generated source summary

The analysis discusses Netflix stock (NFLX), noting a significant year-to-date decline of 27.63% and a 5-day drop of 5.90%. The current price is $65.85 with a market cap of $398B. The stock has experienced a sharp post-earnings pullback, with a target price inferred from a chart to be around $87.26. The analysis mentions that the stock has fallen from a high of $129.91 in July 2021, hitting a low around $50. The P/E ratio history is shown, with current P/E at 20.5 (TTM) and projected for 2026 at 17.7. The stock's growth rate has slowed, with recent YoY quarterly growth figures at 11.85% and projected at 10.7% for next year. Despite the current bearish trend in the stock's performance, the analysis suggests a potential bullish move towards the $87.26 target, with a failure bound set at $50. The rationale for this bullish prediction is not explicitly detailed but is implied through the analysis of long-term growth investor behavior and potential value opportunities at current price levels.

AI-generated summary based on the source content.