Netflix stock slips as analysts keep revenue growth in view

Published on 09/03/2026 at 08:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix stock remains in focus after the latest consensus for Q3 2026 points to USD 12.88 billion in revenue and EPS of 0.82 dollars.

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Netflix (US64110L1061) stock traded at USD 82.73 on September 2, 2026, after a 2.38 percent move in the session, while MarketBeat put the market capitalization at USD 344.48 billion. The same set of figures also leaves the shares well below the USD 93.64 quote seen in another market snapshot.

Consensus still points higher

For Q3 2026, Yahoo Finance cites a consensus estimate of USD 12.88 billion in revenue and EPS of 0.82 dollars, versus USD 11.51 billion and 0.59 dollars in the year-earlier quarter. That implies revenue growth of 11.9 percent and an EPS increase of 38.98 percent.

MarketBeat also said Netflix last reported Q2 2026 revenue of USD 12.56 billion and EPS of 0.80 dollars, compared with consensus of USD 12.58 billion and 0.79 dollars. Revenue still rose 13.4 percent year over year, and EPS came in 0.01 dollars above estimates.

Valuation stays elevated

At the same time, the stock remains priced against a trailing EPS of 2.39 dollars in one market profile, which produced a P/E of 39.18. Another market page put the consensus price target at USD 96.65, while analyst estimates on Yahoo Finance showed revenue of USD 51.22 billion for 2026 and USD 57.01 billion for 2027.

Go deeper

Netflix ahead of the next earnings date

The next report date can be checked in the company overview after the lead numbers and consensus update.

Netflix overview Investor Relations

Streaming stays the core

Netflix's streaming model still drives the numbers that matter most to investors: subscription revenue, margin, and guidance. The most recent reported quarter showed USD 12.56 billion in revenue, and the current consensus for 2026 points to USD 51.22 billion.

Shares under pressure

Netflix stock closed at USD 82.73 on September 2, 2026, with a market capitalization of USD 344.48 billion in the same market snapshot. The gap to the USD 96.65 consensus target leaves the current quote about 14.4 percent below that level.