Wells Fargo analyst Steven Cahall resumed coverage of the stock with an Equal Weight rating and $105 price target.

Netflix’s (NASDAQ:NFLX) ambitious push to acquire key assets from Warner Bros. Discovery (NASDAQ:WBD) in late 2025 quickly turned sour. Investors feared the roughly $83 billion cash deal — priced at $27.

Why did Netflix investors celebrate a failed acquisition? Sometimes the best deal is the one you don't make.

When examining Netflix, the risks become evident during broad market downturns. It dropped 56% during the Global Financial Crisis and 76% during the inflation shock. Even the 2018 correction caused a 44% decline, while the Covid panic resulted in a 23% decrease. These fluctuations demonstrate vulnerability despite solid fundamentals.

In a surprise move, the streaming giant has decided to walk away from a deal that would have reshaped Hollywood. Some investors appear to be cheering.

Netflix Inc.’s stock price is staging a dramatic reversal triggered by management’s decision to walk away from its proposed acquisition of Warner Bros. Discovery Inc. late last month.

An unpopular merger could be averted.

JPMorgan analysts upgraded Netflix stock to "overweight" with a $120 price target Monday, suggesting nearly 25% upside from the stock's recent levels.

Netflix (NFLX) has continued to trade weakly, but I unfortunately expect the weakness to continue. While the company reported strong fourth quarter results, the pending acquisition (recently upgraded to an all-cash offer) looks likely to muddy the ...

However, in late February, Netflix withdrew its bid for Warner Bros, allowing skeptical investors to rest a little easier. Let's explore what this stunning reversal might mean for the company's stock in March and beyond.

Analysts discuss open questions and dissect the streamer's decision not to escalate the bidding further ("Take the money and run!") after co-CEO Ted Sarandos traveled to the White House.