Media mogul Tom Rogers on Netflix dip: 'I don't think the stock market reaction has it right'

Watch on YouTube ↗  |  April 17, 2026 at 11:13  |  7:24  |  CNBC
Speakers
Tom Rogers — Media Mogul

Summary

Tom Rogers discusses Netflix's recent stock drop, arguing that the market reaction is overblown due to the company's strong fundamentals like revenue growth and margins. He also highlights Charter's successful bundling strategy as a positive development in the media industry. The conversation touches on challenges from AI-generated content and competition from YouTube, with Rogers noting Netflix's competitive position.

  • Tom Rogers believes Netflix stock is undervalued after its earnings drop.
  • He cites Netflix's strong revenue growth, cash flow, ad revenue, and operating margins.
  • Rogers mentions challenges like lack of engagement data and competition from YouTube.
  • He discusses Netflix's avoided acquisition of Warner Brothers as a smart decision.
  • AI-generated content is highlighted as a future challenge for Netflix.
  • Rogers notes Charter's bundling success in reducing churn and gaining subscribers.
  • The conversation includes the 37th anniversary of CNBC.
  • Rogers emphasizes Netflix's differentiation from other long-form entertainment streamers.
Trade Ideas
Tom Rogers Media Mogul 1:34
Netflix stock dip is a buying opportunity.
Netflix stock is undervalued after the earnings-driven drop because the company's fundamentals remain strong with double-digit revenue growth, doubling cash flow, on track to double ad revenues, operating margins over 30%, and good margin growth, along with competitive advantages like low churn, ability to raise prices, and a different position than other long-form entertainment streamers.
NFLX HIGH
Tom Rogers Media Mogul 6:12
Charter's bundling strategy is reducing churn.
Charter has taken the lead in packaging streaming channels with the cable bundle, and initial results are successful with reduced churn and subscriber gains for the cable programming bundle, indicating a positive development for the company.
CHTR MED
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This CNBC video, published April 17, 2026, features Tom Rogers discussing NFLX, CHTR. 2 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Tom Rogers  · Tickers: NFLX, CHTR