Netflix stock falls 3.88 percent below its Xetra close
Published on 10/26/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSPrice pressure and targets
- Netflix stock fell 3.88 percent below its Xetra close on October 26, 2026.
- Argus Research cut its target by USD 25.00 on October 22, 2026.
- Third-quarter net income reached USD 3.66 billion, up from USD 2.55 billion a year earlier.
Netflix stock (ISIN US64110L1061) fell 3.88 percent below the Xetra close on October 26, 2026. On October 22, Argus Research cut its target from USD 120.00 to USD 95.00, as MarketScreener reported. Netflix was trading at EUR 57.27 at Lang & Schwarz on October 26, 2026 at 4:45 p.m. CEST, down 3.88 percent versus the Xetra close of EUR 59.58 on October 23, 2026.
Target cuts meet a weaker outlook
Argus was one of several firms lowering expectations after Netflix's third-quarter report. The October 22 target implies a USD 25.00 reduction, while the analyst consensus shown by MarketScreener was 51 analysts with an average target of USD 84.83. That average remains USD 27.56 below the prior target of USD 112.39 implied by the target changes, but the figures come from different analyst groups and are not directly comparable.
What does the price position show?
The Nasdaq-listed stock was quoted at USD 63.76 on October 26, 2026 at 11:56 a.m. EDT, with a session range of USD 63.71 to USD 65.49. Its 52-week range was USD 63.72 to USD 116.73, placing the quote USD 52.97 below the high. Netflix had a market capitalization of USD 265.5 billion and a price-to-earnings ratio of 18.45.
Quarterly figures remain substantial
Netflix reported third-quarter revenue of USD 12.87 billion and net income of USD 3.66 billion, compared with USD 2.55 billion in the year-earlier quarter, according to CNBC on October 20, 2026. The company guided for fourth-quarter revenue of USD 13.44 billion and full-year 2026 revenue of USD 51.10 billion. The advertising revenue forecast was reduced to USD 2.70 billion from USD 3.00 billion.
Comparison with peers
Netflix: down 3.88 percent versus the Xetra close, price-to-earnings ratio 18.45, market capitalization USD 265.5 billion.
The Walt Disney Company: down 1.98 percent on October 26, 2026, price-to-earnings ratio 22.75, market capitalization USD 190.4 billion.
Warner Bros. Discovery: unchanged on October 6, 2026, price-to-earnings ratio minus 24.37, market capitalization USD 77.6 billion.
Price and investor perspective
The current euro quotation puts Netflix below its October 23 Xetra close, while the latest quarterly figures show a larger earnings base and a reduced advertising forecast.
The further course of trading is shown by the continuously updated real-time quote of Netflix stock.
Netflix stock at a glance
- Company: Netflix, Inc.
- ISIN: US64110L1061
- Ticker: NFLX
- Primary exchange: Nasdaq
- Price Lang & Schwarz as of October 26, 2026, 4:45 p.m. CEST: EUR 57.27
- Change versus Xetra close: minus 3.88 percent
- Xetra close October 23, 2026: EUR 59.58
- Market capitalization: USD 265.5 billion as of October 26, 2026
- 52-week range: USD 63.72-116.73 as of October 26, 2026
- Sector / Industry: Communication Services / Internet Services
Market context: Market report S&P 500.
