Netflix stock trades at USD 71.14 before October results

Published on 09/28/2026 at 11:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix stock posted Q2 revenue of USD 12.56 billion, up 13.40 percent year over year. Analysts' consensus target is USD 95.51, while the 52-week high is USD 124.86.

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Netflix stock (ISIN US64110L1061) was last at USD 71.14 on Nasdaq on September 25, 2026, after a daily decline of 0.80 percent. The next scheduled catalyst is the company's third-quarter report on October 20, 2026, according to Netflix.

Revenue growth remains double digit

Netflix generated USD 12.56 billion in second-quarter 2026 revenue, up 13.40 percent from the same quarter a year earlier. Operating margin reached 33.40 percent, giving the business substantial profitability even as the share price remained 43.02 percent below its 52-week high of USD 124.86.

MarketBeat reports that Netflix posted diluted earnings per share of USD 0.80 for the quarter, compared with a consensus estimate of USD 0.79 and prior-year EPS of USD 0.72. That combination gives investors a clearer benchmark than revenue alone: earnings exceeded consensus by USD 0.01 while the market valuation has compressed sharply from the yearly peak.

Analysts split on the next leg

MarketBeat's September 2026 compilation shows a Moderate Buy consensus from 55 analysts, with an average twelve-month target of USD 95.51. The target stands 34.28 percent above the USD 71.14 reference price, but the range from USD 57.00 to USD 135.00 shows how wide the debate has become.

The latest individual changes underline that dispersion. On September 22, 2026, HSBC cut its target from USD 96.00 to USD 76.00 and reduced its rating from Buy to Hold, while Wells Fargo cut its target from USD 80.00 to USD 57.00 on September 18, 2026, according to MarketBeat. Bernstein Research, by contrast, maintained an Outperform rating and a USD 95.00 target in a September 15, 2026 analysis reported by finanzen.net.

October 20 is the next checkpoint

Netflix has scheduled its third-quarter 2026 results for October 20, 2026, at approximately 1:01 p.m. Pacific Time, with a management video interview at 1:45 p.m. Pacific Time. The upcoming report will test whether the company can keep its revenue expansion above 10 percent while protecting the 33.40 percent margin achieved in Q2.

Netflix stock stays below its yearly peak

On September 25, 2026, Netflix stock was last at USD 71.14 on Nasdaq, with a session range of USD 70.98 to USD 71.84, volume of 23,203,059 shares and market capitalization of USD 296.2 billion. The 52-week range was USD 65.08 to USD 124.86.