Netflix (NFLX) Welcomes WBD Board of Directors’ Commitment To Merger Agreement

1 week ago 5

Bob Karr

Sun, January 11, 2026 astatine 12:59 PM CST 1 min read

Netflix, Inc. (NASDAQ:NFLX) is 1 of the Oversold Fundamentally Strong Stocks to Buy Right Now. On January 7, the institution welcomed the WBD Board of Directors’ continued committedness towards the merger statement betwixt Netflix and WBD, and the unanimous proposal of rejecting the revised connection from Paramount Skydance Corporation (PSKY).

Netflix (NFLX) Welcomes WBD Board of Directors’ Commitment To Merger Agreement

Netflix, Inc. (NASDAQ:NFLX)’s co-CEOs added that the WBD Board is afloat supportive of and has been recommending Netflix, Inc. (NASDAQ:NFLX)’s merger agreement. WBD Board recognizes it arsenic the superior proposal, which is expected to present the top worth to its stockholders, and consumers, creators, arsenic good arsenic the broader amusement industry.

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In a antithetic update, CFRA expert Kenneth Leon downgraded Netflix, Inc. (NASDAQ:NFLX)’s banal to “Hold” from “Buy” with a terms nonsubjective of $100, down from the anterior people of $130. The steadfast cited the pending acquisition of WBD for the downgrade. As per the analyst, Netflix, Inc. (NASDAQ:NFLX)’s strategy for decades didn’t revolve astir acquisitions, and Warner’s precocious indebtedness exhibits risks.

While we admit the imaginable of NFLX arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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Disclosure: None. This nonfiction is primitively published at Insider Monkey.