Netflix shares fell more than 8% in after-hours trading on July 16 after the company missed second-quarter 2026 revenue expectations and issued lower full-year guidance, overshadowing an earnings beat. Second-quarter revenues rose roughly 15.6% year over year, but operating margin slipped to 33.4% from 34.1% a year earlier as technology, development and marketing costs climbed. Netflix narrowed its full-year 2026 revenue outlook to $51.0-$51.4 billion, implying 13-14% growth, while maintaining its operating margin target of 31.5%. The Zacks Consensus Estimate for 2026 earnings is pegged at $3.60 per share, indicating a 42.29% increase from the previous year. The stock has plunged 28.1% year to date, compared with a 10.2% decline for the broader Zacks Consumer Discretionary sector.
Netflix Incmissed revenue expectations and issued lower full-year guidance, overshadowing earnings beat
Walt Disney Company
Apple Inc.
Amazon.com Inc