Netflix | NFLX | Long at $83.99

TradingView2026/05/10 16:42

By:TradingView

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Technical Analysis

The stock price for Netflix NFLX briefly touched the top of my selected historical simple moving average. This is often a strong area of support / resistance / algorithmic share accumulation. While economic / WBD acquisition news may push the share price lower in the near-term, potentially closing the open price gap in the low $70's, NFLX and YouTube dominate the streaming services. That's not going to change any time soon. The point is, it's a stock I am comfortable hanging on to.

Health

Debt-to-equity: 0.6x (healthy)
Quick ratio / short-term debt: 1.2 (not bad, but slightly lower than ideal)
Altman's Z-score / long-term debt / bankruptcy risk: 10+ (extremely low risk)

Insiders

Caution: nothing but selling

Growth

62.8% earnings-per-share growth projected between 2026 ($3.17) and 2029 ($5.16)
34.2% revenue growth projected between 2026 ($51.2 billion) and 2029 ($68.7 billion)

Action

While there may be near-term weakness down near $70, I've entered a starter position at $83.99. The "perfect dip" would be down near $74 and then rising (another entry), but the price may test shaky hands - especially with the WBD deal / news.

Targets into 2029

$107.00 (+27.4%)
$122.00 (+45.3%)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Netflix | NFLX | Long at $83.99

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