Should You Buy Netflix Stock Before July 16?

Netflix stock has declined over 20% in 2026 following co-founder Reed Hastings' departure announcement, raising concerns about the company's future direction and potential acquisition rumors. Despite growth slowing to 16% (below its 10-year 20% average), the stock trades at a reasonable 24x earnings. The author suggests Netflix remains a solid long-term buy for patient investors ahead of its July 16 earnings report, arguing the market may have overreacted to leadership changes.