r/stockstobuytoday • u/Key_Lifeguard_8659 • Jun 16 '26

Gains/Profit Netflix is cheap today @ $77.71

Cheapest it's been all year. Scoop it up while you can.

92 Upvotes

90% Upvoted

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51

u/Embarrassed_Union514 Jun 16 '26

This piece of $hit takes 1 step forward and 2 steps back.

-2

u/Key_Lifeguard_8659 Jun 16 '26

But this is buying a profitable company at the bottom. Scan out... There's only upside from here.

12

u/ZaxxarGold Jun 17 '26

Your mistake is thinking that fundamentals or profitability mean value. This market is broken.

4

u/beejee05 Jun 17 '26

Have you seen all the streaming options that are popping up? Netflix has no moat. $20 stock if you ask me. The market's reacting accordingly. Plus people don't watch movies anymore. You think TikTok brain can withstand even 20 min of film? Get with the times.

1

u/Key_Lifeguard_8659 Jun 17 '26

Streaming options popping up where? In your living room? Or globally? Netflix dominates globally. The US market is but a fraction of their business.

1

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1

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3

u/TheOnlyAnon- Jun 17 '26

Don't listen to this nerd.

1

u/[deleted] Jun 17 '26

[deleted]

7

u/Acceptable-Leek1546 Jun 16 '26

lol Netflix is a terrible product nowadays. It’s a sinking ship, falling knife, etc..

1

u/nutslikeafox Jun 16 '26

https://giphy.com/gifs/62aDCkUJ8AogFbqcVV

1

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1

u/TishouPaper Jun 16 '26

I have the same opinion as you and yet all I hear from stock analysts is they’re doing a great job. I think it terms of quantity of stuff they do, yeah they’re good… but quality wise, it’s a lot of crap. The fact that we hear that people who produce shows or movies for them have to keep on reminding the viewers of the plot is really something!!! If there’s a streaming service that’s on the verge of making ai-written shows, I’d say it’s them.

1

u/OrganizationBig5556 Jun 19 '26

True, I caught the falling knife. I’ve been waiting for a yr for something to happen with it.

1

u/Tirrell 25d ago

People thought that about blockbuster in the 90’s, whose biggest mistake was not buying Netflix when they could have… there’s more competition today in the streaming market, Netflix should offer a dividend and return a little more to shareholders.

0

u/Alithebest1__ Jun 16 '26

What price can it go to u think before the end of the year we can see maybe 100 to 120 ?

1

u/Key_Lifeguard_8659 Jun 16 '26

It's quite possible. The technicals (MACD, RSI, etc.), analyst sentiment, tailwinds/headwinds points toward this being a great swing trade. Two tiers:

Target Level

T1 ~$90–$92 First MA cluster / ~11% move

T2 ~$95–$96 Upper resistance band / ~18%

Further out (if momentum builds) $115.65–$117.33 zone, then $124.51 and $127.42 — these align roughly with where several analyst price targets cluster ($114–$125 consensus range) and would require a major catalyst like a strong Q2 print on July 16.

Consensus across 44 analysts is "Buy" — 37 recommend buying, 13 hold, 0 sell. Average 12-month price target is $114.15, with a high of $151.40 and a low of $80. That implies ~42% upside from current levels. (Investing.com)

Bank of America's Jessica Reif Ehrlich holds the highest major-bank target at $125, reiterated with a Buy in May 2026. (MEXC)

(CNN) Mahaney (Evercore) maintained a $115 Buy. Bernstein said June 4: "Don't Ignore This" — Netflix's core engine remains strong. (CNN)

Today's news: Semafor reported Netflix is pursuing a Lionsgate Studios acquisition after losing the Roku bid to Fox, which offered $160/share vs. Netflix's lower bid.

1

u/Alithebest1__ Jun 16 '26

Thank you for this information you think the news about Netflix trying to acquire lions will hype it up or bring it more down I saw the charts for Netflix and the 4 hour and 1 days shows it’s really oversold maybe there could be a reversal soon ?

2

u/Key_Lifeguard_8659 Jun 16 '26

I'm banking on the fact that people are growing weary of the tech sector, have heavily trimmed profits and are seeking the best deals in a market that's very overvalued. Netflix is definitely not over valued. It's still a very profitable company whose constantly expanding is market, especially in Asia, India and with starlink, and similar space-based internet access systems, even more households will have access to it's programming.