Down 25%, Is It Finally Time to Buy Netflix (NFLX) Stock?

Netflix stock has declined 25% in 2026 despite a 21% average annual gain over 15 years. The streaming giant maintains a strong market position with 21% U.S. market share, posted 13% revenue growth and 9% net income growth in Q2, and trades at attractive valuations (P/E ratio of 22 vs. 5-year average of 31). However, concerns include viewer loss between seasons and potential over-reliance on price increases for growth.