Is Netflix Stock a Buy, Sell, or Hold in 2026?

By Travis Hoium – Mar 21, 2026 at 7:00AM ESTKey PointsBy abandoning the debt-heavy WBD deal, Netflix avoided massive risks to its operations. Shares of Netflix are now trading for under 30x forward earnings, a great value historically. After walking away from a high-stakes acquisition of Warner Bros. Discovery (WBD 0.76%), Netflix (NFLX +0.14%) has pivoted back to organic growth, focusing on high-margin advertising and live events. With global memberships surpassing 300 million, Netflix is no longer just a tech play; it's a diversified media powerhouse. And after the drop in shares following the WBD bid and subsequent breakup, this may be a great value for investors today. I dig into the reasons to buy and why investors may want to choose caution. *Stock prices used were end-of-day prices of March 18, 2026. The video was published on March 19, 2026. Read NextMar 20, 2026 •By Jack DelaneyNetflix Q1 2026 Preview: The 3 Metrics That Could Move the StockMar 20, 2026 •By James BrumleyIs Netflix a Buy, Sell, or Hold in 2026?Mar 19, 2026 •By Neil PatelWhat if Netflix Becomes the Next Trillion-Dollar Stock?Mar 17, 2026 •By David Jagielski, CPAWhy Netflix Stock Is Rallying After Walking Away From Warner Bros.Mar 15, 2026 •By Neil PatelIs Netflix Stock Going to $200?Mar 9, 2026 •By Ben GranNetflix After the WBD Deal CollapseAbout the AuthorTravis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks.

Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.TMFFlushDrawX@travishoiumStocks MentionedNetflixNASDAQ: NFLX$91.82(+0.09%)+$0.08Warner Bros. DiscoveryNASDAQ: WBD$27.43(-0.72%)-$0.20*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.