---
title: "Two recent downgrades predict more trouble for NFLX as it hovers near $70 support, a crucial level for investors."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300059999.md"
description: "This week, Netflix faced consecutive institutional rating reductions, leading to a decrease in tokenized shares to $71.67, nearing the crucial $70.38 support level. Any breach below this support level could signify further declines for the streaming giant."
datetime: "2026-09-24T16:39:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300059999.md)
  - [en](https://longbridge.com/en/news/300059999.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300059999.md)
generator: "portal-rs"
---

# Two recent downgrades predict more trouble for NFLX as it hovers near $70 support, a crucial level for investors.

This week, Netflix faced consecutive institutional rating reductions, leading to a decrease in tokenized shares to $71.67, nearing the crucial $70.38 support level. Any breach below this support level could signify further declines for the streaming giant.

### Related Stocks

- [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md)
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## Related News & Research

- [What's Going On With Netflix Stock?](https://longbridge.com/en/news/300458530.md)
- [Deutsche Bank Says Investors Miss Netflix Growth Story](https://longbridge.com/en/news/300472784.md)
- [Netflix CEO Says Company’s Growth Not Good Enough: ‘Working on Making that Move Faster’](https://longbridge.com/en/news/300705564.md)
- [YouTube's Lead Over Netflix in TV Viewing Keeps Growing. Is Netflix Stock a Sell?](https://longbridge.com/en/news/300867216.md)
- [Netflix Stock Sinks 25% This Year — Deutche Bank Says Buy](https://longbridge.com/en/news/300453970.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**