Netflix forecasted weaker-than-expected fourth-quarter profits following a 6% workforce reduction and executive reshuffling. Third-quarter revenue grew 11.8% to $12.87 billion but showed the slowest growth in nearly three years. The company also lowered its 2026 advertising revenue forecast due to slower rollout of ad products. To boost growth amid competition from YouTube and TikTok, Netflix plans to expand licensed content and invest in original shows and live events to remain a key streaming service.
Netflix shares are down 6.83% on Pluang as of Oct 21, 2026 03:51 WIB, reflecting investor reaction to the company's slower revenue growth and cautious outlook. The stock trades at USD 65.08 with a market cap of $290.85 billion, while most Pluang users remain buyers with 94% buy orders.
Netflix forecasted fourth-quarter revenue of $13.44 billion and earnings per share of $0.67, both below Wall Street estimates, leading to a 4.5% drop in shares after hours. Despite this, its third-quarter earnings beat expectations with revenue up 12...
Netflix reported strong third-quarter earnings with earnings per share of 87 cents and revenue of $12.87 billion, matching expectations. However, the company lowered its guidance for fourth-quarter revenue to $13.4 billion and reduced its 2026 advert...
Netflix's options market is pricing in a 9% stock move following its upcoming earnings report, the highest since Q3 2022. This suggests growing optimism among traders after a period marked by stock declines, leadership changes, layoffs, and a failed ...
Netflix is set to report its Q3 earnings with analysts expecting $0.82 EPS and $12.9 billion in revenue. The company faces challenges including a decline in U.S. TV viewing share from 8.8% to 7.8%, increased competition from platforms like YouTube, a...
Netflix is set to report its third-quarter earnings with analysts expecting earnings per share of 82 cents and revenue of $12.87 billion. The company recently laid off about 6% of its workforce and saw its Chief Content Officer depart as it faces sta...
