TradingKey – On Wednesday July 30, Netflix (NASDAQ: NFLX) was trading at $73.63. The stock’s 52-week range is $65.08 to $126.71. Netflix stock has been in consolidation since July 16 when Q2 2026 results came out. The results posted an EPS of $0.80, beating the consensus estimate of -$0.33 by $1.13. Netflix guidance for Q3 revenue was $12.86 billion, coming in $140 million under the $13.0 billion estimate. The initial post earnings impact took NFLX down to $65 from $67 but the stock has since recovered. 

NFLX is currently at a descending trendline resistance at $73.70 with RSI of 59 and is moderately approaching the overbought zone. The average price target is $94.33. The stock is seen as a value play post-Q2 per TipRanks and with a…