Is Netflix Stock More Likely to Hit $100 or $60 by the End of 2026?

Netflix stock has declined 17% in 2026 and 38% over the past 12 months, trading near $80 with a P/E ratio around 25x, in line with S&P 500 averages. The analyst predicts the stock is more likely to fall to $60 in the near term due to slowing growth, potential rate increases, and concerns about Reed Hastings stepping away and acquisition rumors. However, at lower prices, Netflix could represent a strong long-term buying opportunity given its strong business fundamentals and content production capabilities.