Netflix Stock Downgraded by Wells Fargo: Street-Low $57 Target
Netflix shares fell 4.8% as Wells Fargo downgraded NFLX to Underweight with a $57 target, citing an 8% slide in subscriber viewing hours.
Netflix shares fell 4.8% as Wells Fargo downgraded NFLX to Underweight with a $57 target, citing an 8% slide in subscriber viewing hours.
Netflix beat Q1 2026 estimates, but weak Q2 guidance and Reed Hastings’ announced board departure sent shares tumbling nearly 10% in premarket.
Netflix reports Q1 2026 earnings on April 16. Analysts expect $12.4B in revenue and 17.8% growth. Here are the metrics that will move the stock.
Netflix reports Q1 2026 earnings on April 16. Here’s what Wall Street is watching: ad-tier growth, engagement metrics, margins, and macro risks.