Netflix completed a 10-for-1 stock split in November, and ServiceNow completed a 5-for-1 stock split in December. Netflix stock is down 43% due to plans to acquire Warner Bros. Discovery’s assets, but analysts see potential for significant gains. ServiceNow stock is down 56%, but its IT products are strong in large enterprises. Analysts expect both stocks to rebound.
Analysts value Netflix at $150 per share, implying 95% upside, and ServiceNow at $210 per share, implying 103% upside. Netflix leads in streaming with original content and strong user data. ServiceNow is a leader in IT software with AI capabilities. Both companies have potential for growth despite recent stock declines.
Netflix is looking to acquire Warner Bros. Discovery’s assets for $83 billion, which has led to a drop in its stock price. However, the deal would bring valuable franchises like DC Universe and Harry Potter. ServiceNow reported strong financial results and has a dominant position in IT software. Analysts believe both stocks are undervalued and offer good buying opportunities.
Read more at Nasdaq: 2 Stock-Split Stocks to Buy Before They Soar 95% and 103%, According to Wall Street Analysts
