Alright degenerates, let me paint you a picture of a company that:
Just raised 2026 free cash flow guidance to $12.5 BILLION (up from $11B). That's not revenue. That's FREE. CASH. FLOW. TipRanks
Authorized a $25 BILLION share buyback on top of $6.8B already in the chamber. They are literally YOLOING their own stock. TipRanks
Ad revenue expected to roughly DOUBLE to \~$3 billion in 2026 after already growing 150% last year. The ad tier is just getting started. TipRanks
32.3% operating margin and climbing. This thing prints money like the Fed used to. TipRanks
H2 2026 is the real catalyst. Q2 marks the peak content amortization headwind — meaning the margin pressure EASES in the back half. Bulls who understand this are loading up while smoothbrains panic over soft Q1 guidance. TipRanks
Content moat is REAL. Wednesday, Squid Game finale, Stranger Things, Adolescence, NFL Christmas Day games, boxing matches — these aren't just shows, they're cultural events that keep 300M+ households paying every month. sec
The dip is a gift. Stock sitting \~$82 vs ATH of $133 just last year. They're buying back shares hand over fist at these levels. If you won't buy what a company is buying about itself, what are you even doing here. LiteFinance
TL;DR: FCF machine, massive buyback, ad revenue doubling, margin expansion in H2, content nobody can touch. This is a H2 2026 asymmetric play.
🎯 Targets: $100 by Q3, $120 EOY