“Netflix Trades at 21 Times Forward Earnings After Falling 43% From Its High. Here’s How That Multiple Compares to Where the Stock Traded the Last 2 Times It Fell This Far.”
September 30, 2026
“Netflix (NASDAQ: NFLX) stock is down 43% from its high, something that has happened only twice in the last 15 years… If history is any indication, a forward P/E ratio of 21 is probably not a bottom signal for Netflix stock…”