Stocks · Communication Services · Entertainment
Netflix, Inc. NFLX
$67.06 -1.16% Close, Oct 2, 2026 · NASDAQ · Market cap $279.23B
Weak trend
Next earnings report: Oct 20, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 21.1× trailing earnings, lower than 90% of the company's own readings over the past five years.
- Diluted EPS over the last four quarters was $3.18, up 35.3% year over year.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
PromtFinance scores
Each score is a percentile within the Communication Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 24%
- EPS growth (TTM, YoY)Top 33%
- FCF growth (TTM, YoY)Top 35%
- Revenue growth, 3-year CAGRTop 28%
- Revenue growth accelerationBottom 39%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 3%
- Gross marginBottom 44%
- Operating marginTop 6%
- Cash conversion (OCF / net income)Bottom 16%
- Accruals (lower is better)Bottom 8%
- Net debt / EBITDA (lower is better)Top 26%
- Interest coverTop 10%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 28%
- Free-cash-flow yieldBottom 40%
- EBITDA / enterprise valueTop 30%
- Sales / enterprise valueBottom 13%
- P/E vs own 5-year history (lower is better)Top 32%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 22%
- 6-month returnBottom 10%
- 1-year return vs S&P 500Bottom 19%
- Distance from 52-week highBottom 26%
- Trend checklist (0–4)Bottom 18%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 41%
- Consecutive EPS beatsTop 24%
- Share of analysts rating BuyTop 31%
- Upside to consensus price targetBottom 46%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 36%
- Maximum drawdown, 3 yearsTop 40%
- Beta vs S&P 500 (lower is better)Bottom 49%
- Net debt / EBITDA (lower is better)Top 26%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 16.7% | 16.0% | ↓ |
| EPS growth (YoY) | 46.2% | 35.3% | ↓ |
| Gross margin | 48.5% | 49.1% | ↑ |
| Operating margin | 29.5% | 29.7% | ↑ |
| FCF margin | 20.4% | 22.7% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 16.0% | 16.7% | ↓ | Top 24% |
| EPS growth (TTM, YoY) | 35.3% | 46.2% | ↓ | Top 33% |
| Gross margin | 49.1% | 48.5% | ↑ | Bottom 44% |
| Operating margin | 29.7% | 29.5% | ↑ | Top 6% |
| Net margin | 28.2% | 24.6% | ↑ | — |
| Free-cash-flow margin | 22.7% | 20.4% | ↑ | — |
| Return on invested capital | 24.3% | — | Top 3% | |
| Revenue growth, 3-year CAGR | 12.6% | — | Top 28% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 0.87×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- 3.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 1.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +10.8 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 0.17×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 16.9×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 3.46%
- Shareholder yield
- 3.46%
- Share count change, 1 year
- -2.0%
- Share count change, 3-year CAGR
- -1.9%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Jul 17, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 3
- Beats in the last 8 reports
- 7 of 8
- Average EPS surprise, last 4
- -2.7%
- Average 2-day reaction, last 8
- +0.3%
- Positive 20 days after report
- 4 of 8
Analysts
- Consensus price target
- $91.00
- Target vs current price
- +35.7%
- Analysts with a rating
- 100
- Share rating Buy or Strong Buy
- 64%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 16, 2026 | +1.3% | +0.9% | -7.0% | +0.7% | — |
| Apr 16, 2026 | +1.8% | +0.1% | -13.4% | -18.7% | -31.5% |
| Jan 20, 2026 | +1.4% | -0.8% | -2.6% | -12.5% | +22.4% |
| Oct 21, 2025 | -15.2% | +0.2% | -11.6% | -11.0% | -28.9% |
| Jul 17, 2025 | +1.4% | +1.9% | -5.9% | -3.7% | -1.5% |
| Apr 17, 2025 | +15.8% | +1.2% | +14.1% | +22.5% | +31.1% |
| Jan 21, 2025 | +2.4% | +1.4% | +13.3% | +20.7% | +13.8% |
| Oct 17, 2024 | +5.9% | -2.0% | +6.7% | +18.3% | +18.0% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 16, 2026 | $0.80 | $0.79 | +1.3% | $12.56B |
| Apr 16, 2026 | $0.80 | $0.79 | +1.8% | $12.56B |
| Jan 20, 2026 | $0.56 | $0.55 | +1.4% | $12.05B |
| Oct 21, 2025 | $0.59 | $0.70 | -15.2% | $11.51B |
| Jul 17, 2025 | $0.72 | $0.71 | +1.4% | $11.08B |
| Apr 17, 2025 | $0.66 | $0.57 | +15.8% | $10.54B |
| Jan 21, 2025 | $0.43 | $0.42 | +2.4% | $10.25B |
| Oct 17, 2024 | $0.54 | $0.51 | +5.9% | $9.82B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 21.1× | 39.5× | 10th | Top 28% |
| P/E (forward) | 18.6× | — | — | — |
| EV / EBITDA | 9.3× | — | — | Top 30% |
| EV / Sales | 5.88× | — | — | Bottom 13% |
| Free-cash-flow yield | 3.94% | — | — | Bottom 40% |
| Earnings yield | 4.74% | — | — | Top 28% |
P/E over the past five years
Range 19.8× – 58.9× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -42.7%
- Earnings per share growth (TTM)
- +35.3%
- Change in P/E multiple
- -57.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- +0.4%
- 200-day average slope (20 days)
- -3.4%
- Distance from 50-day average
- -11.3%
- Distance from 200-day average
- -20.2%
- RSI (14)
- 31.1
- Relative volume
- 1.10×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 35.9%
- Volatility vs own 5-year history
- 52th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.93
- Correlation with S&P 500
- 0.39
- Current drawdown from 1-year high
- -46.0%
- Maximum drawdown, 3 years
- -49.9%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 17, 2021 | May 11, 2022 | -75.9% | 120 days | 571 days (Aug 20, 2024) |
| Jun 30, 2025 | Oct 2, 2026 | -49.9% | 317 days | Not yet recovered |
| Feb 14, 2025 | Apr 4, 2025 | -19.1% | 34 days | 13 days (Apr 24, 2025) |
| Jan 20, 2021 | May 12, 2021 | -17.3% | 78 days | 79 days (Sep 2, 2021) |
| Oct 13, 2020 | Nov 9, 2020 | -15.1% | 19 days | 48 days (Jan 20, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $279.23B
- P/E (TTM)
- 21.1
- EPS, diluted (TTM)
- $3.18
- Revenue (TTM)
- $48.37B
- 52-week range
- $65.08 – $124.86
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $29.70B | $31.62B | $33.72B | $39.00B | $45.18B |
| Gross profit | $12.37B | $12.45B | $14.01B | $17.96B | $21.91B |
| Operating income | $6.19B | $5.63B | $6.95B | $10.42B | $13.33B |
| Net income | $5.12B | $4.49B | $5.41B | $8.71B | $10.98B |
| EPS (diluted) | $1.12 | $1.00 | $1.20 | $1.98 | $2.53 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.82B | $10.25B | $10.54B | $11.08B | $11.51B | $12.05B | $12.25B | $12.56B |
| Net income | $2.36B | $1.87B | $2.89B | $3.13B | $2.55B | $2.42B | $5.28B | $3.40B |
| EPS (diluted) | $0.54 | $0.43 | $0.66 | $0.72 | $0.59 | $0.56 | $1.23 | $0.80 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $392.6M | $2.03B | $7.27B | $7.36B | $10.15B |
| Capital expenditure | -$524.6M | -$407.7M | -$348.6M | -$439.5M | -$688.2M |
| Free cash flow | -$132.0M | $1.62B | $6.93B | $6.92B | $9.46B |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | -$425.6M | $35.7M | -$5.88B | -$5.43B | -$8.46B |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $9.13B
- Total assets
- $58.45B
- Total liabilities
- $28.30B
- Total debt
- $14.31B
- Net debt
- $5.21B
- Shareholders’ equity
- $30.15B
As of Jun 30, 2026 (filed Jul 17, 2026).
Short interest
- Shares sold short
- 94,187,131
- Days to cover
- 3.60
- Change vs previous report
- +3.0%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Nov 17, 2025
- 10-for-1
- Jul 15, 2015
- 7-for-1
- Feb 12, 2004
- 2-for-1