(https://www.cnbc.com/2026/07/17/netflix-gets-price-target-cuts-from-analysts-amid-growth-concerns.html) — analysts are cutting price targets, which means they finally see what management won't admit: (https://www.marketwatch.com/story/netflix-is-paying-up-for-costly-sports-rights-is-the-company-making-the-right-bets-9ce54df7?mod=mw_rss_topstories) are burning cash on a subscriber base that's already saturated.

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