Is Netflix Stock a Buy Under $100?

Core Viewpoint - Netflix's stock experienced a significant decline of 19% following a 10-for-1 stock split, despite a prior increase of approximately 25% in 2025, outperforming major indices until mid-November [1]. Group 1: Stock Performance - Netflix shares were up about 25% until mid-November 2025, outperforming the S&P 500 and Nasdaq Composite [1]. - Following the stock split on November 17, shares fell 19% by January 9 [1]. Group 2: Reasons for Stock Decline - The decline in Netflix's stock is primarily due to missing Wall Street's earnings expectations in the third quarter, despite strong revenue growth from subscriber acquisition and retention [4]. - Concerns regarding the financing and integration of Warner Bros. Discovery's assets, amid a competitive bidding process, have created uncertainty around Netflix's future [5]. Group 3: Potential Catalysts for Recovery - Recent releases of highly anticipated content, such as the final season of Stranger Things and Guillermo del Toro's adaptation of Frankenstein, could drive subscriber growth [7][10]. - The opening of Netflix House locations, which provide immersive experiences related to popular shows, may enhance viewer engagement and attract new subscribers [8].