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Wolfe Research downgrades Netflix rating

Zero Hedge +1 ·

NFLX Netflix Inc
$67.05 +3.09%
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  1. 1Wolfe Research downgraded its rating on Netflix, warning that the company has lost its appeal.
  2. 2Peter Suphino lowered the 2027 Netflix revenue forecast from the previous 56.68 billion to 56.27 billion.
  3. 3Peter Suphino noted Netflix's valuation at 17.5 times its 2027 expected earnings and analyzed that upside potential is limited without global hits.

So what's the key point?

Wolfe Research downgraded its rating on Netflix, warning that the company has lost its appeal.

Source Zero Hedge +1 · View original ↗

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