Netflix co-CEO flags slower growth: Deutsche Bank rates Netflix stock Buy

Published on 10/05/2026 at 11:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix stock costs EUR 59.94 on October 5, 2026 after EUR 59.64. Second-quarter revenue rose 13.40 percent to USD 12.56 billion.

Isometrische 3D-Illustration einer digitalen Streaming-Oberfläche mit schwebenden Inhalts-Kacheln in Pastelltönen und einfachen Bedienelementen — Netflix US64110L1061 zeigt ein isometrisches 3D-Streaming-Interface mit farbigen schwebenden Kacheln in Pastellfarben, Illustration mit AI erstellt.

Netflix (ISIN US64110L1061) was trading at EUR 59.94 at Lang & Schwarz on October 5, 2026 at 11:42 a.m. CEST, up EUR 0.30 or 0.50 percent versus the prior close of EUR 59.64. On October 4, 2026, co-CEO Ted Sarandos said Netflix was not growing as fast as he wanted before describing the business as healthy, according to Yahoo Finance. Deutsche Bank upgraded Netflix from Hold to Buy and lowered its price target from USD 100.00 to USD 95.00 on September 29, 2026, according to MarketBeat.

Growth remains the central question

The leadership warning matters because Netflix enters its next results cycle with a clear gap between expanding revenue and slower engagement expectations. Sarandos also said live programming represents a targeted part of the content strategy, while the company continues to balance growth against a USD 20.0 billion annual content budget, as reported by Yahoo Finance.

Netflix delivered USD 12.56 billion of revenue in the second quarter of 2026, a 13.40 percent year-over-year increase. Diluted earnings per share were USD 0.80 versus USD 0.79 consensus, while operating profit reached USD 4.19 billion and the operating margin was 33.00 percent, according to MarketBeat.

October 20 brings the next checkpoint

Netflix plans to publish third-quarter 2026 results and its business outlook on October 20, 2026, at 1:01 p.m. Pacific Time, followed by a management video interview at 1:45 p.m. Pacific Time. The date and schedule were announced by Netflix on September 14, 2026.

The coming report will put the company's revenue trajectory and margin execution against its latest operating picture. For investors, the key comparison is concrete: second-quarter revenue grew 13.40 percent year over year, while management commentary has raised the importance of engagement and advertising performance.

Netflix stock stays near its yearly low

Netflix stock was trading at EUR 59.94 at Lang & Schwarz on October 5, 2026 at 11:42 a.m. CEST, plus 0.50 percent versus the Lang & Schwarz prior close of EUR 59.64. The primary listing is on NASDAQ, where the finance quote showed a USD 279.2 billion market capitalization and a 52-week range of USD 65.08 to USD 124.86 as of October 2, 2026. The further course of trading is shown by the continuously updated real-time quote of Netflix stock.