NFLX

Stock

Netflix, Inc.

One email when a drop — in price or in valuation — is historically rare for NFLX. Otherwise we stay quiet.

Rare

Rare — pay attention.

Netflix, Inc. is 45.1% off its high, 377 days in — deeper than the vast majority of its 179 recorded drawdowns. This is the kind of decline the severity score exists to flag.

But down is not the same as cheap: Netflix, Inc.'s P/S Severity Score is 0.5 — its valuation sits in or above its typical range.

Price $73.53 · as of Jul 14, 2026All-time high $133.91Drawdown -45.1%Severity Score™ 7.7
🔴

Very Strong

Current Drawdown

-45.1%

Days in Drawdown

377

Avg Max Drawdown

7.7%

Avg Length

45

Drawdown Severity Score™

7.7

NFLX - Price & High Water Mark

NFLX - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within NFLX's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

6.7xSeverity Score 0.5 · In or above its typical range
Low: 0.89xMedian: 5.8xHigh: 14.8x

Netflix, Inc. has been cheaper on this measure only about 59% of the time in 20 years of daily history.

54.5% below its highest Price to Sales reading · high date July 9, 2018

Price to Sales history

EV to EBITDA

10.3xSeverity Score 1.3 · In or above its typical range
Low: 2.1xMedian: 11.1xHigh: 41.5x

Netflix, Inc. has been cheaper on this measure only about 46% of the time in 20 years of daily history.

75.2% below its highest EV to EBITDA reading · high date April 21, 2011

EV to EBITDA history · log scale

How we measure valuation

Netflix, Inc. (NFLX) Analysis: Current Drawdown Insights

Netflix, Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $73.53, which represents a 45.1% decline from its all-time high of $133.91. This drawdown has persisted for 377 days.

Based on its full tracked price history, Netflix, Inc. typically experiences drawdowns averaging 7.7% in depth, with an average duration of 45 days. Netflix, Inc. has gone through 179 total drawdown events in its tracked history. The largest drawdown on record for Netflix, Inc. was 82.0%, beginning in 2011. The longest drawdown duration on record was 1545 days.

The Drawdown Severity Score™ for Netflix, Inc. currently stands at 7.74. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Netflix, Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 179 tracked pullbacks (67 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2025-07-02Ongoing377 days-45.1%$133.91$73.53n/a
2025-06-252025-06-262 days-0.3%$127.91$127.53$130.67
2025-06-062025-06-2318 days-3.8%$125.05$120.36$125.35
2025-06-032025-06-042 days-0.1%$121.90$121.79$123.97
2025-05-282025-06-026 days-2.2%$121.16$118.49$121.90
2025-05-222025-05-276 days-0.8%$119.46$118.54$121.16
2025-05-052025-05-1511 days-4.0%$115.65$111.00$117.80
2025-02-182025-04-2465 days-19.2%$105.86$85.59$109.69
2025-02-112025-02-133 days-1.9%$102.76$100.81$104.37
2025-02-072025-02-104 days-0.2%$101.57$101.39$102.76
2025-01-242025-02-0412 days-1.3%$98.49$97.18$99.49
2024-12-122025-01-2242 days-11.5%$93.66$82.84$95.40
2024-12-092024-12-113 days-2.3%$93.47$91.33$93.66
2024-11-252024-12-039 days-3.6%$89.78$86.56$90.22
2024-11-152024-11-184 days-1.6%$83.73$82.40$84.71
2024-11-082024-11-114 days-0.2%$79.65$79.50$80.54
2024-10-222024-11-0616 days-3.0%$77.21$74.91$78.02
2024-10-112024-10-188 days-5.8%$73.03$68.76$76.39
2024-09-252024-10-0915 days-2.8%$72.23$70.19$72.74
2024-09-182024-09-247 days-2.3%$70.69$69.05$72.23
2024-09-032024-09-1715 days-5.1%$70.14$66.58$70.69
2024-08-212024-08-3010 days-2.1%$69.85$68.38$70.14
2021-11-182024-08-201006 days-75.9%$69.17$16.64$69.85
2021-11-012021-11-1717 days-6.5%$69.03$64.57$69.17
2021-10-262021-10-283 days-1.3%$67.17$66.29$67.40
2021-10-072021-10-2115 days-2.2%$63.91$62.49$65.32
2021-10-042021-10-052 days-1.6%$61.31$60.33$63.48
2021-09-082021-09-3023 days-5.5%$60.67$57.31$61.03
2021-01-212021-09-02224 days-17.3%$58.63$48.50$58.85
2020-09-022021-01-20141 days-15.6%$55.65$47.00$58.63
2020-07-132020-09-0151 days-14.9%$54.87$46.69$55.65
2020-07-072020-07-082 days-0.1%$49.38$49.32$50.28
2020-07-022020-07-065 days-1.8%$48.56$47.69$49.38
2020-06-232020-07-019 days-5.3%$46.80$44.34$48.56
2020-05-182020-06-2236 days-9.0%$45.42$41.34$46.80
2020-05-122020-05-143 days-2.0%$44.05$43.18$44.19
2020-04-172020-05-1125 days-8.0%$43.92$40.38$44.05
2018-07-102020-04-15646 days-44.2%$41.90$23.39$42.67
2018-06-212018-07-0919 days-7.7%$41.68$38.45$41.90
2018-06-152018-06-195 days-0.6%$39.29$39.04$40.50
2018-06-072018-06-137 days-1.9%$36.74$36.06$37.99
2018-05-312018-06-012 days-0.5%$35.35$35.16$35.99
2018-05-292018-05-302 days-0.4%$35.13$34.97$35.35
2018-04-182018-05-2336 days-9.0%$33.61$30.58$34.47
2018-03-122018-04-1737 days-15.4%$33.14$28.03$33.61
2018-03-072018-03-093 days-2.5%$32.52$31.70$33.14
2018-02-272018-03-024 days-1.3%$29.42$29.04$30.10
2018-01-302018-02-2325 days-12.3%$28.46$24.95$28.59
2018-01-172018-01-226 days-1.8%$22.15$21.75$22.76
2018-01-092018-01-102 days-1.3%$21.20$20.93$21.25
2017-10-172018-01-0379 days-9.2%$20.27$18.40$20.50
2015-12-072017-01-05396 days-36.8%$13.09$8.28$13.18
2015-08-072015-12-02118 days-24.9%$12.65$9.49$12.89
2014-09-112015-04-16218 days-34.7%$6.92$4.52$8.03
2014-03-052014-07-01118 days-30.9%$6.50$4.49$6.76
2011-07-142013-09-10790 days-82.0%$4.27$0.77$4.47
2011-02-152011-04-2165 days-22.0%$3.54$2.76$3.60
2010-06-152010-08-1259 days-22.7%$1.81$1.40$1.90
2009-11-192010-01-2871 days-19.6%$0.87$0.70$0.90
2009-04-212009-10-15178 days-25.3%$0.71$0.53$0.72
2008-04-182009-03-17334 days-55.9%$0.58$0.26$0.58
2004-01-232008-04-161545 days-76.7%$0.55$0.13$0.56
2003-11-052004-01-0663 days-25.1%$0.43$0.32$0.43
2003-07-152003-08-2138 days-17.9%$0.20$0.16$0.21
2003-06-062003-06-3025 days-24.4%$0.18$0.14$0.18
2003-05-142003-06-0523 days-17.3%$0.18$0.15$0.18
2002-07-082003-03-17253 days-70.8%$0.13$0.04$0.13
2002-05-282002-07-0337 days-24.7%$0.12$0.09$0.12

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Netflix, Inc. (NFLX) is trading at $73.53 as of Jul 14, 2026. It is 45.1% below its high of $133.91. The drawdown has lasted 377 days. Severity score: 7.7 (Very Strong).

NFLX Price History and Drawdown Data

Latest price

$73.53

High-water mark

$133.91

Current drawdown

-45.1%

Days in drawdown

377

This NFLX page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Netflix, Inc. drawdowns.

What History Says About NFLX

Netflix, Inc. has dropped 30%+ from its high 9 times in its tracked history. These events lasted an average of 590 days with an average max drop of -56.4%.

The current drawdown of -45.1% has lasted 377 days, which is within the typical range for comparable events.

PeriodMax DropDuration
Jul 2011 to Sep 2013-82.0%790 days
Jan 2004 to Apr 2008-76.7%1545 days
Nov 2021 to Aug 2024-75.9%1006 days
Jul 2002 to Mar 2003-70.8%253 days
Apr 2008 to Mar 2009-55.9%334 days
Jul 2018 to Apr 2020-44.2%646 days

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