Netflix Stock Is Getting Too Cheap To Ignore!

TL;DR

Netflix is approaching "too cheap to ignore" territory at current prices, trading at 25x forward earnings versus its 30x average, with potential 118% upside over 5 years.

Key Points

• 1.Current valuation: Stock down 31% in 6 months, now at 25x forward PE vs historical 30x average
• 2.Buy zone: Around $73-75/share (9-10% lower) would be the "can't ignore" price point
• 3.With WBD merger: Combined companies valued at 18.8x EBITDA—reasonable if deal closes
• 4.Without merger: Stock looks fairly valued today, not screaming cheap but not overpriced
• 5.Key risk: Merger approval uncertain (Senate pushback), and synergy benefits won't materialize until 2029-2030