Netflix stock enters a key earnings phase as growth slows
Published on 10/07/2026 at 16:04 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Netflix stock (ISIN US64110L1061) was trading at USD 68.83 on Nasdaq at 10:03 a.m. ET on October 7, 2026, while the company approaches its next quarterly report. Netflix will publish third-quarter results on October 20, 2026, according to Netflix in a release dated September 14, 2026. The report is due after the U.S. market close and will put the company's slowing growth rate against its full-year targets.
October 20 sets the next test
Netflix's second-quarter revenue was USD 12.56 billion, up 13.4 percent from the same quarter a year earlier, according to Yahoo Finance on October 4, 2026. Diluted earnings per share reached USD 0.80, compared with USD 0.72 in the prior-year quarter, while operating income rose to USD 4.2 billion and operating margin was 33.4 percent.
The comparison is becoming more demanding. Netflix guided third-quarter revenue to USD 12.86 billion, implying 12 percent growth, below the USD 12.56 billion reported for the second quarter and below the revenue growth rate achieved in that quarter. The company also retained a 31.5 percent operating-margin target for 2026, according to Yahoo Finance.
Analysts see a wide valuation gap
Deutsche Bank upgraded Netflix from Hold to Buy on September 29, 2026, while lowering its price target from USD 100 to USD 95, MarketBeat reported. The new target lies 38.0 percent above the USD 68.83 price, making the earnings report important for testing whether the lower target still leaves room for a recovery.
MarketBeat's September 26, 2026 consensus counted 55 analysts and carried a Moderate Buy rating, with 33 Buy ratings, four Strong Buy ratings, 16 Holds and two Sells. The average 12-month target was USD 95.51, according to MarketBeat.
Stock stays near its yearly low
Netflix stock was trading 5.8 percent above its 52-week low of USD 65.08 and 44.9 percent below its 52-week high of USD 124.86 on October 7, 2026. The session range was USD 68.50 to USD 69.18, and volume had reached 5,161,995 shares by 10:03 a.m. ET.
The market capitalization stood at USD 286.6 billion at that time. With the third-quarter revenue guide at USD 12.86 billion and the second-quarter growth rate already down to 13.4 percent, management's October 20 commentary will show whether advertising, pricing and content investment can support the next stage of expansion.
Netflix stock trades at USD 68.83
Netflix stock was last at USD 68.83 on Nasdaq on October 7, 2026 at 10:03 a.m. ET, up USD 0.14 or 0.20 percent from the prior close of USD 68.69.
Netflix stock
- Company: Netflix, Inc.
- ISIN: US64110L1061
- WKN: 552484
- Ticker: NFLX
- Trading venue: Nasdaq
- Price (as of October 7, 2026, 10:03 a.m. ET): USD 68.83
- Market capitalization: USD 286.6 billion (as of October 7, 2026)
- 52-week range: USD 65.08-124.86 (as of October 7, 2026)
- Sector / Industry: Communication Services / Entertainment
Upcoming dates for Netflix stock
- October 20, 2026: Third-quarter 2026 financial results and business outlook
