Netflix shares fell about 5% after reporting its slowest quarterly revenue growth in three years, with revenue rising 12% to $12.9 billion and net income up 44% to $3.66 billion. The company highlighted concerns over slowing engagement following recent price hikes and is working to accelerate viewing hours. Netflix also announced a major restructuring, cutting 6% of its workforce and replacing key content leaders. It forecasts 2026 revenue growth of around 13%, slightly below prior guidance, raising investor concerns about growth sustainability amid rising competition.
Netflix's market cap stands at $290.85 billion as of Oct 21, 2026 07:35 WIB, with a daily trading volume of 33,582,290 shares on Pluang. The stock price is down 7.30% on the day, reflecting increased investor caution following the company's report of slower revenue growth and restructuring plans. Despite this, Pluang order activity shows strong buyer interest at 94%, indicating confidence among many investors even as the company navigates growth challenges.
Netflix is transitioning from a high-growth company to a mature business with slower revenue growth, now expected in the low teens percentage rather than previous rapid rates. Recent earnings show a steady decline in revenue growth each quarter, desp...
Netflix Co-CEO Ted Sarandos emphasized that the company's global content strategy is effective, driving subscriber growth and revenue outside the U.S., where growth is slower but still positive. The company plans to improve execution in the U.S. mark...
Netflix's stock fell 4.4% after the company reported earnings below analyst expectations and highlighted ongoing challenges with intense competition and slowing viewership growth. The streaming service acknowledged investor concerns about its view-ho...
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 lowe...
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...
