Netflix Reports Q3 After the Close With Revenue Seen at $12.86B
NFLX is trading near its 52-week low of $65.08 (7.1% above the low).
Summary
Netflix reports Q3 after today's close, with consensus at roughly $12.86B in revenue and $0.82 EPS against $12.56B (+13% YoY) in Q2. The setup is messy: the company just cut about 1,000 jobs (6% of staff) and swapped content leadership, with Peter Rice taking over as chief content officer on Oct. 26 while Bela Bajaria and film chief Dan Lin exit. Full-year revenue guidance sits at $51.0–$51.4B, and ad revenue is expected to roughly double to $3B by 2026, about 6% of sales, helped by U.S. upfront commitments nearly doubling. Options are pricing a big move — roughly 92% implied volatility for Friday — and the stock is near multi-month lows, so guidance on content spend and margins will decide direction more than the quarter itself. Analyst targets are split, with Seaport and Wedbush both at $90 and Wells Fargo at Underweight.
At the time of this announcement, NFLX was trading at $69.69 on NASDAQ in the Technology sector, with a market capitalization of approximately $290.9B. The 52-week trading range was $65.08 to $124.86. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Wiseek News.