Based on recent performance data as of February 23, 2026, American Express (AXP) appears more likely to rebound tomorrow than Netflix (NFLX), though both are currently in short-term downtrends.
American Express experienced a sharp 8.95% drop today, closing at $321.24. This significant sell-off was driven by a marginal earnings miss and concerns over high investment expenses, yet management remains confident in 9-10% revenue growth for 2026. The magnitude of today's drop often attracts "dip buyers" looking for a technical bounce-back.
Netflix, by comparison, is currently embroiled in a high-stakes bidding war for Warner Bros. Discovery. The stock fell 3.37% today to $76.02, but high implied volatility (111.55%) and trader concern regarding the February 23 waiver deadline and upcoming shareholder votes suggest continued downside risk rather than an immediate recovery.
Key Insights
- AXP's Technical "Oversold" Potential: AXP is currently trading near its 52-week low of $317.15 set today. A drop of nearly 9% in a single session for a mega-cap stock frequently leads to a corrective rebound the following day as investors re-evaluate the solid 2026 guidance.
- NFLX's Strategic Uncertainty: Netflix is facing pressure from a competing $108 billion bid from Paramount for Warner Bros assets. Analysts have recently lowered price targets to a range of $94–$138, and technical indicators like the 14-day RSI (34) suggest the stock has not yet reached a clear bottom.
- Fundamental Health: Despite the recent drops, both companies maintain strong fundamentals for 2026. AXP expects record card fee income, while NFLX is forecasting a doubling of its ad revenue to $3 billion.
No comments:
Post a Comment