Netflix Inc. stock (US64110L1061): shares hover around USD 86 after recent gains

Netflix stock traded around USD 86 on Nasdaq on 06/02/2026 after a solid run in recent weeks, with investors digesting April’s first-quarter earnings and updated subscriber metrics from the United States-based streaming group.

Netflix stock traded near USD 85.65 on Nasdaq on 06/02/2026, slightly below the intraday high of USD 87.23, as investors in the United States weighed the company’s latest quarterly figures and subscriber trends in the global streaming market, according to Robinhood as of 06/02/2026.

The shares, which carry the ticker NFLX on Nasdaq, changed hands in a range between USD 85.32 and USD 87.23 on 06/02/2026, with the current price sitting just above the recent 12-month low of USD 75.01 and below the 12-month high of USD 134.12 cited by MarketBeat as of 06/02/2026.

As of: 06/02/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Netflix Inc.
• Sector/industry: Streaming video and entertainment services
• Headquarters/country: Los Gatos, United States
• Core markets: North America, Europe, Latin America, Asia-Pacific
• Key revenue drivers: Paid streaming subscriptions, advertising-supported plans, licensing of content
• Home exchange/listing venue: Nasdaq (NFLX)
• Trading currency: USD

Netflix Inc.: core business model

Netflix generates most of its revenue by providing on-demand video streaming subscriptions worldwide, supplemented by advertising-supported tiers and selective content licensing to other distributors.

Latest quarterly results for Netflix Inc. at a glance

For the first quarter of 2026, reported in April 2026, Netflix posted revenue of around USD 9.37 billion, up from roughly USD 9.28 billion in the prior-year period, according to the company’s earnings release published in April 2026 on its investor relations pages and summarized by major financial news outlets at the time.

The April 2026 quarterly report also highlighted continued growth in global paid memberships, with total subscribers exceeding 270 million worldwide as of Q1 2026, while management reiterated its focus on profitability, positive free cash flow, and the expansion of both ad-supported plans and password-sharing measures to support future revenue growth, based on the same April 2026 filings and coverage.

Conclusion

With Netflix shares trading around USD 86 on Nasdaq on 06/02/2026 and still well below their 12-month high, the market continues to process the implications of the company’s April 2026 quarterly report and updated subscriber figures.

The latest earnings show steady revenue expansion and a focus on profitable growth through global membership additions and the rollout of advertising-supported plans, leaving investor attention centered on how these initiatives may influence the stock’s risk-reward profile in the competitive streaming landscape.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.