Stock futures are rising this morning after another record-setting session on Thursday amid hopes for a deal to end the Iran war; oil prices are sliding after President Trump once again expressed confidence in a possible agreement with Iran, while a ceasefire between Israel and Lebanon took effect; Netflix shares are tumbling after the streaming giant issued a disappointing revenue outlook and co-founder Reed Hastings announced plans to leave the company's board; Oracle shares have gained nearly 30% so far this week and are pointing higher again this morning; and a busy week of bank earnings is closing with results from several smaller financial institutions today. Here's what you need to know today.
Netflix (NFLX) fell premarket after maintaining full-year revenue guidance below consensus and announcing Reed Hastings' departure from the board. Concerns are rising over engagement friction, sports league dependency, and increased competition in scripted content for NFLX.
Netflix delivered another solid quarter. The market reacted negatively to forward guidance. At a 34x P/E and projected 13% growth, NFLX's valuation appears stretched relative to its operational outlook.
US stock futures pause near highs as Trump signals Iran war may end. Netflix drops 9%, while bank earnings today drive stock market outlook and indices forecast.
Netflix delivered a Q1-2026 EPS and revenue beat, but shares fell 9% on soft guidance and Reed Hastings stepping down as chairman. Despite a one-time $2.8B gain inflating EPS and FCF, NFLX projects a 31.5% operating margin and double-digit operating income growth for 2026. Ad-supported plans are driving higher-margin revenue, with ad revenue expected to double to $3B in 2026 and over 60% of new Q1 signups in supported regions.
Netflix, Inc. (NFLX) Q1 2026 Earnings Call Transcript
Netflix may have lost out in an expensive months-long fight to buy Warner Bros. Discovery, but there were some upsides for the streaming giant, its executives said in today's first quarter earnings call.
The Dow is up +6% off late-March lows, while the other indexes are +10% or higher.
While the top- and bottom-line numbers for Netflix (NFLX) give a sense of how the business performed in the quarter ended March 2026, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Netflix (NFLX) came out with quarterly earnings of $1.23 per share, beating the Zacks Consensus Estimate of $0.76 per share. This compares to earnings of $0.66 per share a year ago.
Investors aren't cheering Netflix's latest showing.
Netflix says the total compensation for Co-CEOs Ted Sarandos and Greg Peters dropped in 2025, but it remained at a robust level of more than $53 million apiece. Sarandos saw his total compensation come in at $53.9 million, down from $61.9 million in 2024. Peters collected $53.2 million, down from $60.3 million.