Netflix (NFLX) Set to Release Quarterly Earnings on Tuesday

Key Points

• Netflix is scheduled to report Q3 2026 results after Tuesday’s market close, October 20. Analysts expect earnings of approximately $0.821 per share and revenue of $12.87 billion, with attention on advertising and subscriber or engagement trends.
• Netflix’s latest quarter showed EPS of $0.80, slightly beating estimates, while revenue of $12.56 billion missed forecasts modestly but grew 13.4% year over year. Management’s Q3 guidance calls for roughly 12% revenue growth.
• Despite recent analyst price-target reductions, Wall Street maintains a broadly positive view, with a “Moderate Buy” consensus rating and an average target of $94.70 versus the stock’s recent price near $70.61.

Netflix (NASDAQ:NFLX - Get Free Report) will likely be announcing its Q3 2026 results after the market closes on Tuesday, October 20th. Analysts expect the company to post earnings of $0.8210 per share and revenue of $12.87 billion for the quarter. Investors can check the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 4:45 PM ET.

Netflix (NASDAQ:NFLX - Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The Internet television network reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.01. The business had revenue of $12.56 billion during the quarter, compared to analyst estimates of $12.58 billion. Netflix had a net margin of 28.22% and a return on equity of 40.02%. The company's revenue was up 13.4% on a year-over-year basis. During the same period last year, the firm posted $0.72 EPS. On average, analysts expect Netflix to post $3.59 EPS for the current fiscal year and $3.82 EPS for the next fiscal year.

Netflix Trading Up 0.4%

Netflix stock opened at $70.61 on Tuesday. The stock has a market cap of $294.02 billion, a P/E ratio of 22.23, a PEG ratio of 0.99 and a beta of 1.62. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.14 and a quick ratio of 1.14. Netflix has a 1 year low of $65.08 and a 1 year high of $124.86. The firm's 50 day moving average price is $75.40 and its 200-day moving average price is $81.19.

More Netflix News

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix shares have underperformed the broader market over the past year and trade at roughly 21–22 times earnings, below the company’s historical valuation average. That lower multiple could create upside if revenue growth remains durable and management delivers a strong earnings report. What Could Netflix Stock Be Worth In Three Years?
• Positive Sentiment: Analysts are focused on Netflix’s third-quarter performance, with company guidance calling for approximately 12% revenue growth. A favorable report, particularly on advertising and subscriber or engagement trends, could catalyze a rebound because expectations appear muted. Netflix’s Q3 Guidance Calls for About 12% Revenue Growth
• Positive Sentiment: Some commentary characterizes NFLX as inexpensive ahead of the October 20 earnings release, raising the possibility of a sharp positive reaction if results exceed the reduced expectations. Prediction: Netflix Stock Is Going to Soar After Oct. 20

Insider Buying and Selling

In other Netflix news, CEO Gregory K. Peters sold 27,312 shares of the business's stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $73.54, for a total transaction of $2,008,524.48. Following the transaction, the chief executive officer owned 120,931 shares in the company, valued at $8,893,265.74. The trade was a 18.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Theodore A. Sarandos sold 27,312 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $73.35, for a total transaction of $2,003,335.20. Following the completion of the sale, the chief executive officer directly owned 178,954 shares in the company, valued at approximately $13,126,275.90. This represents a 13.24% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 179,045 shares of company stock valued at $13,132,194 over the last 90 days. 1.24% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Jefferies Financial Group dropped their target price on shares of Netflix from $110.00 to $90.00 and set a "buy" rating for the company in a research report on Friday, July 17th. Phillip Securities upgraded shares of Netflix from a "moderate buy" rating to a "strong-buy" rating and set a $110.00 price target on the stock in a report on Sunday, July 19th. CICC Research reduced their price target on shares of Netflix from $110.00 to $90.00 and set an "outperform" rating on the stock in a report on Tuesday, July 21st. Piper Sandler reiterated an "overweight" rating and issued a $85.00 price target (down from $115.00) on shares of Netflix in a research note on Friday, July 17th. Finally, Itau BBA Securities dropped their price objective on shares of Netflix from $151.40 to $96.00 and set an "outperform" rating for the company in a report on Wednesday, August 5th. Four research analysts have rated the stock with a Strong Buy rating, thirty-five have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $94.70.

About Netflix

Netflix, Inc NASDAQ: NFLX is a global entertainment company that operates a subscription-based streaming service. It offers a broad range of television series, films, documentaries, and other programming, including original productions developed under the Netflix brand and licensed content from third-party studios.

The company also provides advertising-supported viewing options in some markets and has expanded into related entertainment categories, including mobile and cloud-based games, live programming, and consumer products associated with selected titles.

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