As Netflix Stock Falls Below $1,250, Should You Binge Watch Or Keep Chilling?

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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Mohit OberoiMon, Sep 15, 2025, 9:49 PM 4 min read``The fortunes of Netflix (NFLX) stock have been quite mixed this year. It established itself as a rare defensive play in the tech space, and while broader markets plunged amid the tariff chaos, it outperformed Big Tech peers by a significant margin in the first four months of the year.``However, while the broader markets roared back and the S&P 500 Index ($SPX) has closed in the green for four consecutive months after the April meltdown, NFLX stock is in a correction zone after having fallen over 10% from the record highs it hit in late June.``````A $106 Billion Reason to Buy Google Stock NowAs IonQ Launches a New Federal Unit, Should You Buy, Sell, or Hold IONQ Stock?Dear Costco Stock Fans, Mark Your Calendars for September 25Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else.``www.barchart.com````As the trade uncertainty started easing, investors pivoted to more cyclical names, which lowered the appeal for defensive plays like Netflix. It didn’t help that Netflix’s forward price-earnings (P/E) multiple expanded into the 50s, which even some of the bulls, including myself, found hard to justify.````Netflix beat on both the topline and bottomline in Q2 2025 and raised its annual guidance. However, stock still fell after the Q2 confessional as markets expected “more” from the company after its year-to-date outperformance.``Netflix stock is now trading below $1,250 and has practically gone nowhere over the last four months. In this article, we’ll explore whether it makes sense to buy NFLX stock at these price levels.````Of the 46 analysts covering Netflix, 27 rate it as a “Strong Buy,” while three rate it as a “Moderate Buy,” 15 rate NFLX as a “Hold,” while one gives it a “Strong Sell.” Netflix has a mean target price of $1,333.13, which is 12.2% higher than the Sept. 12 closing prices, while the Street-high target price is $1,600.````The overall Street sentiment towards Netflix has been mixed, though. Since May, J.P. Morgan, Philip Securities, and Seaport Global have downgraded the stock. While there were some customary target price hikes following the Q2 2025 release in July, none were significant.``NFLX stock has outperformed significantly over the last two years, led by strong growth in its subscribers and profits. Thanks to the password-sharing crackdown and lower-priced ad-supported tier, Netflix added a record 41 million subscribers last year, which helped lift its subscriber count beyond 300 million. Meanwhile, Netflix has stopped reporting quarterly subscriber numbers as the company sees revenue growth as a better indicator of its performance.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P Futures6,669.00 +1.50 (+0.02%)Dow Futures46,123.00 +4.00 (+0.01%)Nasdaq Futures24,531.50 +9.25 (+0.04%)Russell 2000 Futures2,423.60 +3.30 (+0.14%)VIX16.36 0.00 (0.00%)Gold3,711.90 -13.20 (-0.35%)PortfolioSign in to access your portfolioSign inTop gainersWBTN WEBTOON Entertainment Inc. 20.80 +5.84 (+39.04%)QMMM QMMM Holdings Limited 88.00 +16.25 (+22.65%)BBAI BigBear.ai Holdings, Inc. 5.94 +0.85 (+16.70%)PAGS PagSeguro Digital Ltd. 10.74 +1.04 (+10.72%)PBF PBF Energy Inc. 30.62 +2.70 (+9.67%)Top losersNXTT Next Technology Holding Inc. 23.72 -5.08 (-17.64%)GEMI Gemini Space Station, Inc. 28.13 -4.39 (-13.50%)RKLB Rocket Lab Corporation 47.25 -6.80 (-12.57%)ORLA Orla Mining Ltd. 11.51 -1.27 (-9.94%)CCJ Cameco Corporation 80.23 -6.09 (-7.06%)Most activeOPEN Opendoor Technologies Inc. 8.92 -0.57 (-6.06%)BBAI BigBear.ai Holdings, Inc. 5.94 +0.85 (+16.70%)SNAP Snap Inc. 7.74 +0.28 (+3.75%)NIO NIO Inc. 7.02 +0.53 (+8.17%)NVDA NVIDIA Corporation 174.88 -2.87 (-1.61%)Earnings eventsMy earnings eventsEarnings eventsTrending tickersNIO NIO Inc. 7.02 +0.53 (+8.17%)BIDU Baidu, Inc. 123.79 +8.97 (+7.81%)RIVN Rivian Automotive, Inc. 14.32 +0.72 (+5.29%)BBAI BigBear.ai Holdings, Inc. 5.94 +0.85 (+16.70%)OXY Occidental Petroleum Corporation 47.76 +2.29 (+5.04%)Top economic events