Netflix stock falls as Q2 revenue and EPS beat estimates

Published on 09/08/2026 at 17:48 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix stock is under pressure after its July 16, 2026 results, even though revenue and EPS beat estimates and analysts still see room to the consensus target.

Fotorealistischer Blick auf einen modernen Flachbildschirm mit generischem anonymem Streaming-Kachelraster in gemütlichem Wohnzimmer — Netflix US64110L1061 zeigt ein generisches Streaming-Interface mit anonymen Inhalts-Kacheln auf modernem TV, Illustration mit AI erstellt.

Netflix Inc. (ISIN US64110L1061) stock is trading on the back of a USD 78.25 close on September 4, 2026, after a 5.35 percent drop and a session range of USD 78.23 to USD 82.69.Yahoo Finance The latest read-through is shaped by July 16, 2026 results, when revenue reached USD 12.56 billion and EPS came in at USD 0.80, both with a clear comparison to estimates.

July 16 still matters

For the second quarter, Netflix reported USD 12.56 billion in revenue, above the year-earlier quarter by 13.4 percent, while EPS improved to USD 0.80 from USD 0.72 a year earlier.MarketBeat Net margin stood at 28.22 percent and return on equity at 40.02 percent, showing that the business is still converting scale into profit.

Analysts keep the target gap

MarketBeat puts the consensus target price at USD 96.65 and the average rating at Moderate Buy, which leaves the stock well below that level after the September 4 close. One cited house, Wells Fargo, set a USD 80.00 target on July 17, 2026, while New Street Research lifted its objective from USD 96.00 to USD 102.00 and HSBC cut its target to USD 96.00 on the same day.

Price and volume

The September 4 session also carried volume of 40.19 million shares, a sign that the move was backed by heavy trading rather than a thin tape.Yahoo Finance The 12 month range runs from USD 65.08 to USD 126.71, so the latest close sits in the lower half of that band.

Streaming and sport

Netflix has also tied the stock story to live programming, including an NFL broadcast from Australia on September 10, 2026, which the company framed as part of its 2026 live-event plan.ad hoc news That strategy matters because it links pricing power, engagement and the next quarter's margin test.

What the price shows

Netflix stock ended September 4, 2026 at USD 78.25 on Nasdaq, and the same figure also anchors the current market view in this article.Yahoo Finance With a market cap of USD 325.83 billion and a 12 month high of USD 126.71, the valuation gap remains the cleanest number for investors to watch.