Volatility models in the Netflix stock price forecast suggest manageable downside risk near $650, with expected support from upcoming sports content deals to expand demographics. Last October, Starbucks increased its dividend for the 14th consecutive year. But instead of disrupting the global coffee and tea industry, Starbucks is now being disrupted by value options from fast food giants, fast-growing companies like Dutch Bros , and local or regional competitors. Despite strong fundamentals, Netflix’s move into live sports remains controversial. The company paid $150 million for two NFL Christmas games in 2024, generating an estimated $60 million in ad revenue , raising questions about breakeven viability. To recover costs, Netflix would have needed up to 11 million additive ad-tier subscribers —a target that many doubt was achieved. While viewership topped 26.5 million , the conversion into incremental subscribers was likely a fraction of that. The financial risk mirrors broader concerns across the sports media ecosystem, where rights fees often outpace monetization. Investors watching NASDAQ:NFLX must weigh whether sports is a strategic necessity for ad growth or a costly distraction that erodes margins. Netflix stock price forecast shows bullish momentum, with analysts eyeing the $690–$720 range for Q3 2024, supported by stronger subscriber growth and rising ad-tier revenues. Options data suggests increasing call buying.