1111 ET - The market's jitters around Netflix are excessive heading into the company's quarterly earnings, Oppenheimer analysts say in a note. Investors have concerns over weaker viewership, but the company has a stronger content slate set for the second half with 104 releases versus 95 in the same period a year earlier, which should allow viewing to accelerate. Wall Street's fears over churn are also overblown, the analysts say, citing a survey that suggests far more Netflix subscribers are watching more versus less compared to six months ago, even if some ad-supported subscribers have downgraded their subscriptions. Taking those factors into account, the analysts say the stock is likely oversold. They lower their price target to $100 from $120, noting a near-term headwind from lower advertising monetization. (kelly.cloonan@wsj.com)

(END) Dow Jones Newswires

July 13, 2026 11:11 ET (15:11 GMT)

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