Netflix closes just above a fresh 52-week low, shares under pressure after failed deals and margin worries

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 09:30.

Netflix (US64110L1061) remains under marked pressure on the NASDAQ after a sharp move lower at the start of the week. The streaming group’s shares closed at 72.88 US dollars on 2026-06-22, down 5.82 percent according to Zacks and Yahoo Finance, underperforming the S&P 500 on the same day.Yahoo Finance analysis of the daily move

What the latest drop shows

Market data from the Financial Times place Netflix only around one dollar above its 52-week low: the stock closed at 72.88 US dollars, versus a year low of 71.81 dollars set on 2026-06-22, far below the 52-week high of 134.12 dollars hit in June 2025.Financial Times market overview for Netflix The trading range highlights how the shares have roughly halved in value over the past twelve months.

Extended-hours indications point to only marginal stabilisation, with quotes around 72.90 to 72.98 US dollars in late trading on 2026-06-22, while TradingKey gives a current last price of 72.90 US dollars and a market capitalization of about 307.8 billion US dollars.TradingKey snapshot for NFLX From a sector perspective, the move stands out: Zacks notes a 12.66 percent one-month loss for Netflix, compared with gains of just over 2 percent for the S&P 500 over the same period.Zacks commentary on Netflix vs. S&P 500

Analysts stay constructive despite volatility

Despite the weak share-price performance, the analyst consensus remains broadly constructive. TradingKey cites an overall rating of Buy for Netflix with an average price target of 115.37 US dollars, significantly above the current NASDAQ level around 73 dollars.TradingKey consensus and target data The same source lists trailing earnings per share of 2.58 US dollars and a trailing P/E ratio of about 23.08.

Zacks reports that the Zacks Consensus EPS estimate for Netflix’s next quarter stands at 0.79 US dollars, up 9.72 percent year on year, with revenue projected at 12.57 billion US dollars, a 13.48 percent increase versus the prior-year quarter.Yahoo Finance summary of Zacks consensus estimates For the full year, Zacks points to consensus expectations of 3.60 US dollars in EPS and 51.41 billion US dollars in revenue, and currently assigns Netflix a Zacks Rank of #3 (Hold).Zacks rank and full-year expectations for Netflix

How Netflix earns its money

Netflix generates the bulk of its revenue from paid streaming subscriptions to its video-on-demand platform, which offers films, series, documentaries and live specials via internet-connected devices. The company has expanded into an ad-supported tier, mobile gaming and licensed content, but subscription streaming remains the core economic driver.

Where the shares trade now

The Netflix shares (US64110L1061) trade on the NASDAQ under the ticker NFLX at 72.90 US dollars as of 2026-06-22, 16:00 Eastern Time.

Disclaimer: This article is for informational purposes only and does not constitute investment advice, investment recommendation or an invitation to buy or sell securities. All data are based on sources deemed reliable but cannot be guaranteed for accuracy or completeness.