Bernstein Maintains Outperform Rating for Netflix (NFLX) Amid Content Licensing Concerns

Netflix Inc. (NASDAQ:NFLX) ranks among the best fundamental stocks to buy right now. On September 15, Bernstein addressed concerns regarding Netflix Inc. (NASDAQ:NFLX)’s content licensing contracts while maintaining its Outperform rating and $1,390 price target for the streaming giant. The reaffirmation comes amid questions around Netflix’s dependence on Paramount and Warner Bros. Discovery content in the wake of rumors that Paramount Global may buy Warner Bros. Discovery.

The firm came to the view that it is “not overly concerned about the potential impact on Netflix’s content slate” that the possible acquisition of Warner Bros. Discovery may have.

According to Bernstein, Netflix Inc. (NASDAQ:NFLX) “has options and sufficient time to mitigate the effect” of such changes, even if a combined firm drastically cut content licensing to the company.

Netflix Inc. (NASDAQ:NFLX) is a well-known global streaming platform that provides limitless access to a vast collection of films, TV series, and video games on devices with internet connections.

While we acknowledge the potential of NFLX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Magic Formula Stocks for 2025 and 10 Best Retirement Stocks to Buy According to Hedge Funds.

Disclosure: None. This article is originally published at Insider Monkey.