a good buy at this price level
Why Netflix (NFLX) Is Down 5.0% After Massive Buyback Expansion And Reed Hastings’ Exit
In April 2026, Netflix announced past-quarter results showing revenue of US$12.25 billion and net income of US$5.28 billion, issued second-quarter and full-year 2026 guidance, expanded its share repurchase authorization to US$55.00 billion, and confirmed that co‑founder and chair Reed Hastings will step down in June.
A key insight is that Netflix is pairing one of its largest-ever buyback programs with a renewed focus on organic growth and operating discipline, rather than large-scale...
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