Netflix (NASDAQ: NFLX | NFLX Price Prediction) and Spotify (NYSE: SPOT) both closed the books on Q1 2026, and the reports tell two very different stories about scaled subscription media.
Netflix, Inc. shares have fallen over 40% in 12 months, creating a compelling entry point given robust operating performance. NFLX trades at a 34% discount to its 5-year average EV/EBIT despite 18% YoY EBIT growth and resilient membership economics. Strong operating leverage, low churn, and accelerating ad revenues—projected to double to $3B—support a Strong Buy rating.
Netflix (NASDAQ:NFLX | NFLX Price Prediction) and T-Mobile US (NASDAQ:TMUS) stocks have both been punished over the past year and bounced sharply last week.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
Netflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals with a slate of major U.S. media publishers to carry bite-sized content on its platform.
Netflix, Disney and Alphabet's YouTube are all interested in challenging Fox for the U.S. broadcast rights to the 2030 and 2034 World Cup, according to people familiar with the matter. Media executives are budgeting between $1.5 billion and $2 billion for each tournament, the people said.
iHeartMedia (NASDAQ:IHRT)'s second-quarter results are expected to come in largely in line with company guidance, Bank of America said in a note that highlighted an expanding partnership with Netflix as a bright spot for the audio company. BofA maintained its second-quarter revenue estimate of $965 million, up 3% year-over-year, and kept its adjusted EBITDA forecast at $150 million, roughly matching company guidance.
Netflix, Inc. will release its Q2 on Thursday, July 16. Ahead of the release, shares in the streaming giant are down over 7% in the past month and nearly 20% since my last update. I still believe subscriber count and growth remains the primary metrics in assessing the forward outlook.
Netflix is again experimenting with new types of content on its streaming service, as the binge model has grown dated. After expanding its service to include live content, video games, and, more recently, video podcasts, the streamer is now adding video content from publishers such as BuzzFeed Studios, Condé Nast, Hearst Magazines, People Inc., Tastemade, and various Penske Media PMX brands, like Variety, THR, Billboard, Eater, Rolling Stone, and Indiewire.
Netflix has attempted to debut a number of new shows in 2026, but one has risen above the rest. That would be I Will Find You, the new Harlan Coben novel adaptation, which has just hit a viewership milestone for Netflix.
A buzzy Bloomberg report citing Netflix data suggests viewers are increasingly abandoning popular shows before the second season. The likely reasons aren't hard to guess: Netflix frequently cancels shows, there's too long a wait in between seasons, and much of Netflix's content is designed for an algorithm instead of for the sake of art.
The latest trading day saw Netflix (NFLX) settling at $76.05, representing a -2.06% change from its previous close.