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Netflix (NFLX - Free Report) closed the most recent trading day at $73.36, moving +2.19% from the previous trading session. This change outpaced the S&P 500's 1.49% gain on the day. Elsewhere, the Dow gained 0.71%, while the tech-heavy Nasdaq added 2.26%.
Shares of the internet video service have depreciated by 9.8% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 7%, and the S&P 500's gain of 0.1%.
Analysts and investors alike will be keeping a close eye on the performance of Netflix in its upcoming earnings disclosure. The company's earnings report is set to go public on October 20, 2026. The company is forecasted to report an EPS of $0.82, showcasing a 38.98% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $12.88 billion, indicating a 11.9% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.59 per share and a revenue of $51.25 billion, signifying shifts of +41.9% and +13.42%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Netflix. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Netflix is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that Netflix has a Forward P/E ratio of 19.98 right now. This represents a premium compared to its industry average Forward P/E of 10.85.
Meanwhile, NFLX's PEG ratio is currently 1.01. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Broadcast Radio and Television industry had an average PEG ratio of 0.91.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
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Netflix (NFLX) Laps the Stock Market: Here's Why
Netflix (NFLX - Free Report) closed the most recent trading day at $73.36, moving +2.19% from the previous trading session. This change outpaced the S&P 500's 1.49% gain on the day. Elsewhere, the Dow gained 0.71%, while the tech-heavy Nasdaq added 2.26%.
Shares of the internet video service have depreciated by 9.8% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 7%, and the S&P 500's gain of 0.1%.
Analysts and investors alike will be keeping a close eye on the performance of Netflix in its upcoming earnings disclosure. The company's earnings report is set to go public on October 20, 2026. The company is forecasted to report an EPS of $0.82, showcasing a 38.98% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $12.88 billion, indicating a 11.9% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.59 per share and a revenue of $51.25 billion, signifying shifts of +41.9% and +13.42%, respectively, from the last year.
Investors might also notice recent changes to analyst estimates for Netflix. Recent revisions tend to reflect the latest near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. Netflix is holding a Zacks Rank of #4 (Sell) right now.
Valuation is also important, so investors should note that Netflix has a Forward P/E ratio of 19.98 right now. This represents a premium compared to its industry average Forward P/E of 10.85.
Meanwhile, NFLX's PEG ratio is currently 1.01. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. By the end of yesterday's trading, the Broadcast Radio and Television industry had an average PEG ratio of 0.91.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. This group has a Zacks Industry Rank of 164, putting it in the bottom 34% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.