Netflix Has Crashed 42% in 12 Months. Is It Time to Buy the Streaming Giant?
Netflix has faced some headwinds over the past year, but how's the underlying business?
Overview
Netflix (NASDAQ: NFLX) stock was flying high last summer on strong subscriber and operating income growth. But then some cracks started to appear in the business.
The company escaped the overpriced Warner Bros. Discovery acquisition while receiving a termination fee and pushed through another price hike sooner than expected. Investors rewarded the stock following the news, but it has since sold off to a price unseen since before 2025. The stock now sits about 42% off its high from last summer, making it an excellent buying opportunity for investors.
Image source: Netflix.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.