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# Needham analyst: Netflix sell-off overdone, ad business has room to run
- URL: https://www.medianexis.com/needham-analyst-netflix-sell-off-overdone-ad-business-has-room-to-run/
- Published: 2026-10-21T13:19:35.000Z
- Updated: 2026-10-23T18:13:29.000Z
- Description: CNBC reports that Needham analyst Laura Martin told “Closing Bell Overtime” the recent Netflix stock decline is overdone ahead of earnings. Martin pointed to a projected $3 billion in high-margin ad revenue as the upside case buyers are overlooking.
- Author: The Signals Desk
- Tags: Streaming, Earnings, Netflix cuts 1,000 jobs, replaces its content chief and puts monetization first

*Signal from* [*cnbc.com*](https://cnbc.com/?ref=medianexis.com) *·* [*read the original*](https://www.cnbc.com/video/2026/10/19/needhams-laura-martin-netflix-sell-off-overdone-ad-growth-upside-ahead.html?ref=medianexis.com)*.*