Added to YB: 2026-06-04
Pitch date: 2026-06-02
NFLX [neutral]
Netflix, Inc.
-1.68%
current return
Author Info
Accrued Interest is an TMT Equity Research Specialist. They manage their family office and write about business and investing. Former tv/radio executive. During corporate years, achieved +3,400% TWR in PA from ’16-‘24. Sign up for the newsletter.
Company Info
Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages.
Market Cap
$350.9B
Pitch Price
$82.91
Price Target
N/A
Dividend
N/A
EV/EBITDA
23.67
P/E
26.92
EV/Sales
7.58
Sector
Entertainment
Category
value
Everywhere at Once: WWE's Multi-Surface Distribution Game and Streaming's Rebundling Wave (Accrued Interest Update 6-1-26) - Netflix, Inc.
NFLX (update): Reiterating Market Outperform. Streaming rebundling = consolidation; bundles now ~1/3 of new subs, 28% of total, driving churn reduction (biggest growth lever). Netflix is the anchor that doesn't need to bundle—lowest churn, most durable. At ~$85, 22x 2027 ($3.86) & 18x 2028 ($4.56) GAAP EPS = too cheap.
Read full article (2 min)