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Netflix Is Down 14% Over the Past Year. Time to Buy?

Netflix Is Down 14% Over the Past Year. Time to Buy?

Over the last 12 months, Netflix (NASDAQ: NFLX) shares have fallen 14%. While the stock is still higher than its May 2022 low point of $177 per share, the company faces a number of headwinds -- not least of which is increasing competition from subscription video on demand (SVOD) rivals. Let's break it down and determine if Netflix is buy-worthy today.