Quick Read – Netflix (NFLX) beat Q2 estimates but dropped 7% after free cash flow fell 33% and management reduced future engagement disclosures. – A record $4.7 billion buyback and ad revenue set to double to $3 billion build the bull case, but NFLX sits 46% off its peak. -…
ediction markets give 40% odds NFLX falls to $65 in July, while Fast Money traders split on buying the dip or waiting. – Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Netflix didn’t make the cut. Grab the names FREE today
Netflix’s post-earnings slide dominated the July 17 edition of CNBC’s Fast Money. And traders around the desk could not settle on a call. The stock had just sunk to its lowest level since October 2024, capping a run in which shares have been cut nearly in half.
The panel was in agreement on the diagnosis. But they were split on the prescription. What The Panel Actually Said One trader argued Netflix (NASDAQ: NFLX) “needs to put up a couple of good quarters to start to turn this around.” A second guest agreed on the timing but called current levels “pretty attractive” given the runway inside the ad tier.