Veytics Intelligence
2026-09-18 · Yahoo

Netflix Stock Gets Downgraded by Wells Fargo on ‘Worrying’ Engagement Trends

Netflix shares have lost nearly 25% of their value this year. Credit: Justin Sullivan / Getty Images Key Takeaways Wells Fargo downgraded Netflix stock to "underweight" in a note Friday, citing concerns about user engagement. Shares of Netflix lost ground, extending their recent slide amid worries about slowing revenue growth. Netflix shares have taken a hit lately. One group of experts sees the streaming giant's stock falling even further. Shares of Netflix (NFLX) dropped nearly 5% to close just below $72 Friday, extending their recent slide after analysts at Wells Fargo downgraded the stock. It was one of the leading decliners in the S&P 500 and Nasdaq.

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