Is Netflix Stock a Buy, Sell, or Hold in 2026?

While Netflix (NASDAQ: NFLX) generated media excitement with its intention to acquire Warner Bros. Discovery (NASDAQ: WBD), Wall Street was not thrilled with the news. The streaming leader's stock is down 18% in 2026 through the week ending Feb. 13, plunging to a 52-week low of $75.23. Contributing to the sinking share price was activist investor Ancora Holdings' insistence that WBD walk away from the Netflix merger. Ancora holds $200 million in WBD stock and believes the Netflix offer is inferior to the ...