NFLXNetflix, Inc.
- Next report
- No date yet
- none in the next 8 weeks
- Last result
- $0.87Beat
- vs $0.82 expected on Oct 20
- Stock move on it
- −5.31%
- one session
- Typical move
- ±6.3%
- average over 2 reports
- Price
- $62.67
- −2.89% today · $307B cap
Past and upcoming reports
2
| Oct 20, 2026 | Sep 30, 2026 | Time not given | $0.82 | Beat$0.87 | −5.31% |
| Jul 16, 2026 | Jun 30, 2026 | Time not given | $0.79 | Missed$0.72 | −7.26% |
After the report
Jul 16, 2026 report
This covers the Jul 16, 2026 report. The Oct 20, 2026 numbers are in the table above.
Netflix misses Q2 EPS by 8.9%. stock drops 7.3% as market digests cautious guidance.
Netflix reported Q2 2026 EPS of $0.72, missing the $0.79 consensus by $0.07. The stock fell 7.3% on heavy volume as investors reacted to the miss and focused on the cautious Q3 outlook implied by management's tone.
Reported against expected
MissedEPS of $0.72 missed consensus estimate of $0.79 by $0.07 (-8.86%), a clear miss.
Guidance
Guidance tone inferred as cautious. stock intelligence cites 'Q3 guidance digestion' as the key catalyst driving the selloff.
How the stock reacted
Stock closed at $68.95 on July 17, down -7.26% from prior close of $74.35, with volume of 141 million shares (well above normal).
What changed
EPS miss of 8.9% and 7.3% stock drop after Q2 report.
What the price now assumes
Market pricing decelerating subscriber growth and margin compression risk in Q3.
What it means for the business
Upgrade bias unchanged if Q3 guidance confirms reacceleration. watch Q3 subscriber adds.
The next one to three months, as we saw it then
Better case30%
The miss is a one-time noise. underlying subscriber momentum remains strong, and Q3 guidance will confirm reacceleration in net adds and revenue growth.
Base case45%
The miss is real but contained. Netflix remains a growth leader at a reasonable valuation, but near-term sentiment is cautious and the stock will trade in a range until Q3 results.
Worse case25%
The miss signals structural headwinds: subscriber growth is stalling, content costs are rising, and the premium valuation is no longer justified. The stock can re-rate lower.
If you hold it
Hold unless Q3 subscriber guidance implies less than 5% YoY growth. trim 20% of position if stock breaks below $66.78 with volume above 100M.
If you are watching
Add only if next-quarter guidance is reiterated or raised. avoid if guidance is cut or geopolitical risk escalates.
Scenario odds are a judgement, not measured.