NFLX Tokenized Stock Traded at 30% Discount to Consensus Price Target

Netflix's tokenized stock on Binance is trading at $79.69, a 30% discount to Wall Street's consensus price target of $103.48.

The company reported solid Q2 2026 revenues of $12.56 billion, up 13.4% year-over-year, and its advertising revenue arm is tracking toward $3 billion for the full year.

However, the stock has cratered roughly 40% off its all-time high of $133.91 set in June 2025, and it opened 2026 at $93.76.

The trigger was July's earnings call, where Netflix announced it would reduce the frequency of its 'What We Watched' engagement reports from quarterly to annual, sparking a sell-off and 9.6% drawdown.