Netflix (NFLX) Expected to Announce Earnings on Thursday

Netflix (NASDAQ:NFLX) is expected to be releasing its Q2 2026 results after the market closes on Thursday, July 16th. Analysts expect Netflix to announce earnings of $0.79 per share and revenue of $12.5802 billion for the quarter. Netflix has set its Q2 2026 guidance at 0.780-0.780 EPS. Investors may review the information on the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 16, 2026 at 4:45 PM ET.

Netflix (NASDAQ:NFLX) last released its earnings results on Thursday, April 16th. The Internet television network reported $1.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.47. The company had revenue of $12.25 billion during the quarter, compared to the consensus estimate of $12.17 billion. Netflix had a net margin of 28.52% and a return on equity of 40.92%. The company’s revenue was up 16.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $6.61 EPS. On average, analysts expect Netflix to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Netflix Trading Down 0.8%

Shares of NASDAQ:NFLX opened at $75.59 on Thursday. The firm has a fifty day moving average of $82.49 and a two-hundred day moving average of $87.86. The firm has a market capitalization of $318.29 billion, a P/E ratio of 24.42, a price-to-earnings-growth ratio of 0.97 and a beta of 1.52. Netflix has a 12-month low of $70.86 and a 12-month high of $128.96. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.43.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NFLX shares. Wolfe Research reaffirmed an “outperform” rating and issued a $107.00 price target on shares of Netflix in a research note on Friday, April 17th. China Renaissance lifted their price objective on Netflix from $90.00 to $100.00 and gave the company a “hold” rating in a research report on Friday, April 17th. Needham & Company LLC restated a “buy” rating on shares of Netflix in a research note on Friday, April 17th. Raymond James Financial reaffirmed a “market perform” rating on shares of Netflix in a research report on Thursday, May 14th. Finally, Citigroup reaffirmed a “market perform” rating on shares of Netflix in a research note on Thursday, June 18th. Two investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $114.02.

Insider Buying and Selling at Netflix

In related news, CEO Theodore A. Sarandos sold 27,312 shares of the company’s stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $87.97, for a total value of $2,402,636.64. Following the completion of the sale, the chief executive officer directly owned 284,804 shares in the company, valued at approximately $25,054,207.88. This represents a 8.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Spencer Adam Neumann sold 9,253 shares of the company’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $88.95, for a total transaction of $823,054.35. Following the completion of the sale, the chief financial officer owned 73,787 shares of the company’s stock, valued at $6,563,353.65. This represents a 11.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 899,839 shares of company stock worth $80,141,661 in the last ninety days. Company insiders own 1.24% of the company’s stock.

Institutional Investors Weigh In On Netflix

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Imprint Wealth LLC acquired a new position in Netflix during the third quarter valued at approximately $25,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Netflix in the fourth quarter worth $26,000. Jessup Wealth Management Inc acquired a new stake in shares of Netflix in the fourth quarter worth $27,000. IFC & Insurance Marketing Inc. bought a new stake in shares of Netflix during the 4th quarter worth $34,000. Finally, Wilkerson Advisory Group LLC bought a new stake in shares of Netflix during the 4th quarter worth $34,000. 80.93% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Netflix

Here are the key news stories impacting Netflix this week:

• Positive Sentiment: Netflix is expanding beyond traditional streaming by adding short-form video from major publishers such as Condé Nast, BuzzFeed, Hearst, and Penske Media, which could help boost engagement and keep users on the platform longer. Article Title
• Positive Sentiment: Several bullish notes argue Netflix’s recent selloff may have created a buying opportunity, pointing to resilient operating performance, strong free cash flow, and growing ad revenue potential. Article Title
• Positive Sentiment: Netflix’s possible involvement in bidding for FIFA World Cup U.S. rights could support long-term content and subscriber growth if the company decides to pursue the high-profile sports package. Article Title
• Neutral Sentiment: Analyst coverage ahead of earnings remains mixed-to-optimistic, with some firms highlighting upside potential while others cut price targets due to slower growth expectations and competitive concerns. Article Title
• Negative Sentiment: Investor caution is building ahead of earnings, with multiple reports saying the stock is slipping because of concerns about slowing revenue growth, margin pressure, and whether the company’s growth story can reaccelerate. Article Title
• Negative Sentiment: Some commentary warns that Netflix could face a structural challenge from shorter-form “microdrama” content and changing viewer habits, which may raise questions about long-term engagement. Article Title

About Netflix

Netflix, Inc (NASDAQ: NFLX) is a global entertainment company that provides subscription-based streaming of films, television series, documentaries and other video content. Founded in 1997 by Reed Hastings and Marc Randolph and headquartered in Los Gatos, California, the company began as a DVD-by-mail rental service and introduced streaming video in 2007. Netflix later expanded into producing and distributing original programming, beginning notable original hits in the 2010s, and now operates a content production and distribution ecosystem alongside its licensing activity.

The company’s primary product is its on-demand streaming service, which can be accessed on a wide range of internet-connected devices and delivered through a suite of apps and web platforms.