Netflix is collapsing. Their stock has been downgraded by one of the largest banks and their price target was dropped from $96 to $76 citing falling user engagement and competition YouTube. Turns out pushing the sexualization of children and mocking Charlie Kirk’s murder isn’t great for business with their stock price cratering 41% in the past year.
But their stock should be the least of their concerns… they should face a Congressional investigation.
Netflix can't seem to shake off a rough stretch on Wall Street.
Wells Fargo just slashed its rating on the stock to Underweight, pointing to a thinner content lineup and cooling viewer engagement as reasons to stay cautious.
Shares are down 20% year to date — putting Netflix on pace for its worst year since 2022, when the stock lost 51%.
Do you think the slide continues, or is this a buying opportunity?
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