Netflix stock trades at EUR 62.03 as Deutsche Bank cuts target

Published on 09/30/2026 at 11:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix stock was at EUR 62.03 at Lang & Schwarz on September 30, 2026, down 0.06 percent. Deutsche Bank raised its rating to Buy but cut its target to USD 95.00.

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Netflix, Inc. (ISIN US64110L1061) was trading at EUR 62.03 at Lang & Schwarz on September 30, 2026, down 0.06 percent from the prior close of EUR 62.07. finanzen.net reported on September 29, 2026, that Deutsche Bank raised its rating from Hold to Buy while cutting its price target from USD 100.00 to USD 95.00.

Deutsche Bank changes its stance

The rating upgrade came with a lower target, reflecting a sharper distinction between Netflix's long-term growth potential and its near-term earnings risks. The USD 95.00 target stands 35.23 percent above the USD 70.30 primary-exchange price last quoted on Nasdaq on September 29, 2026 at 4:00 p.m. ET.

Deutsche Bank analyst Bryan Kraft reduced estimates for operating income and free cash flow, while the analysis cited an improved valuation after the recent share-price decline. That combination gives Netflix stock a mixed signal: the rating is more constructive, but the target is 5.00 percent below the previous USD 100.00 target.

Revenue grows as margin slips

Netflix reported USD 12.56 billion of revenue for Q2 2026, up 13.40 percent year over year, while its operating margin fell to 33.40 percent from 34.10 percent. The diluted earnings per share figure increased to USD 0.80 from USD 0.72 in the comparable period, according to ftd.de.

The margin comparison is the key operating counterweight to the revenue growth. Netflix also expects 2026 revenue of USD 51.0 billion to USD 51.4 billion and an operating margin of 31.50 percent, while higher content costs and competition from YouTube remain central issues in the current analyst debate.

Q3 results set for October 20

ftd.de reported that Netflix has scheduled its Q3 2026 results for October 20, 2026. The company had indicated quarterly revenue of USD 12.86 billion and an operating margin of 33.20 percent for that period, giving investors a direct test of whether growth can continue without further margin pressure.

Netflix stock stays near its yearly low

Netflix stock was trading at EUR 62.03 at Lang & Schwarz on September 30, 2026 at 11:23 a.m. CEST, down 0.06 percent versus the prior close of EUR 62.07. The primary-exchange quote was last at USD 70.30 on Nasdaq on September 29, 2026 at 4:00 p.m. ET, against a 52-week range of USD 65.08 to USD 124.86 and a market capitalization of USD 292.7 billion as of September 29, 2026.