Netflix stock gains 1.35 percent above its yearly low

Published on 10/06/2026 at 17:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix stock was trading at USD 68.41 on October 6, 2026, up 1.35 percent above its 52-week low. Q2 revenue rose 13.4 percent to USD 12.56 billion.

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Netflix stock was trading at USD 68.41 on Nasdaq on October 6, 2026, up 1.35 percent from the previous close and 5.1 percent above its 52-week low of USD 65.08. The move keeps the shares close to the lower end of their USD 65.08 to USD 124.86 yearly range while the next earnings date approaches.

Growth remains double digit

Netflix reported second-quarter 2026 revenue of USD 12.56 billion, a 13.4 percent year-over-year increase, according to MarketBeat. Diluted earnings per share reached USD 0.80, compared with a consensus estimate of USD 0.79, while operating margin was 33.4 percent.

The latest quarter shows a clear split in the Netflix story. Revenue is still expanding at a double-digit rate, but the company enters the third quarter with a slower growth rate than the 13.4 percent delivered in Q2.

Analysts see wider upside

MarketBeat reported on September 26, 2026, that 55 analysts held a Moderate Buy consensus. The average 12-month price target was USD 95.51, which stood 39.6 percent above the October 6 price.

Analyst views remain divided. MarketBeat reported on September 22, 2026, that HSBC cut Netflix from Buy to Hold and set a USD 76.00 target. That target was 11.1 percent above the October 6 price, far below the broader consensus.

October results set the test

Netflix guided for third-quarter revenue of USD 12.86 billion and an operating margin of 33.2 percent, according to Admiral Markets. The revenue outlook implies 11.7 percent year-over-year growth, below the Q2 pace.

Netflix said on September 14, 2026, that it will publish third-quarter results on October 20, 2026, at 1:01 p.m. Pacific Time, followed by a video interview with management. The report will test whether advertising growth and margin control can offset the slower revenue trajectory.

Netflix stock trades above USD 65.08

At 11:29 a.m. ET on October 6, 2026, Netflix was trading at USD 68.41 on Nasdaq, with a session range of USD 67.31 to USD 68.50 and volume of 11,975,577 shares. Market capitalization stood at USD 284.8 billion.