Shares of Netflix (NFLX) have fallen by 22.66% in the past three months, despite a strong Q4 earnings report. Concerns about expense growth have led to investor caution. However, Wedbush Securities believes the stock’s decline is due to high expectations, not weak fundamentals. They see potential in Netflix’s long-term advertising opportunities. Netflix’s Q4 results exceeded expectations, with revenue up 17.6% and operating income up 30.1%. Analysts have a positive outlook, with a consensus rating of “Moderate Buy” and an average price target implying a 34% gain from current levels.

Read more at Barchart: Wedbush Is Betting That Netflix Can Double Ad Revenue in 2026. Does That Make NFLX Stock a Buy Here?