NFLX beats Q2 EPS but misses revenue estimates as shares slide on a lower 2026 outlook. See what drives results and the company's updated guidance.
Netflix (NFLX) shares currently trade at a 2-year low after revenue missed expectations in earnings. Alicia Reese talks about the metrics she sees weighing down the stock and how the streaming company has potential to stage a rebound.
Netflix NFLX shares tumbled on Friday after the streaming giant delivered mixed second-quarter results and announced plans to provide less frequent disclosure of viewer engagement data. This has increased concerns among investors who were already worried about slowing growth and rising competition.
NFLX highlights AI, ads and new entertainment formats as Q2 results show plans to expand monetization, content innovation and growth.
Netflix (NFLX) shares tumbled Friday morning after the streaming giant predicted that its revenue growth will slow.
Netflix Inc (NASDAQ:NFLX) stock is trading at new 52-week lows after a mixed second-quarter earnings report and weaker than expected guidance.
Netflix, Inc.'s decelerating growth profile, the missed M&A with WBD, and the increased streaming competition have pressured its share performance. This is, albeit, with the market leader still reporting robust engagement trends, growing revenues/margins, lower net debts, and higher ad monetization. The meltdown has triggered NFLX's cheap EV/EBITDA of 18.42x and 3Y PEG ratio of 0.94x, with an upward re-rating supporting a bull-case LTPT of $119.40.
Ahead of the bell Wall Street looks set to be headed for the red with US stock futures falling on Friday, leaving the major indices on course for weekly losses as the semiconductor sell-off rolled on. Dow Jones futures slipped 0.6%, and S&P 500 contracts dropped around 0.8%.
Netflix's shares tumbled 9.2% before the bell on Friday following another weaker-than-expected earnings forecast from the streaming major, deepening doubts about its ability to sustain growth momentum.
Netflix stock (NASDAQ: NFLX) plunged nearly 9% in after-hours trading after the streaming company issued a weaker-than-expected third-quarter forecast, reviving doubts about whether slowing growth can support a premium valuation. The company projected revenue of $12.9 billion and diluted earnings of $0.82 per share, below Wall Street estimates of $13 billion and $0.84 per share.
Netflix, Inc.'s Q2 print shows strong underlying fundamentals—solid revenue growth, resilient margins, and disciplined buybacks—despite headline optics that spooked the market. NFLX stock's sharp decline reflects sentiment around disclosure changes, regional deceleration, and content‑spend seasonality, not deterioration in the core business. At $68, the market is effectively pricing NFLX as a no‑growth company; reverse DCF math and long‑term FCF visibility point to a materially undervalued, high‑quality asset.
Netflix, Inc. (NFLX) Q2 2026 Earnings Call Transcript