Traders predict Netflix’s next direction after tomorrow’s earnings release
Photo: Finbold
Netflix (NASDAQ: NFLX ) is heading into its third-quarter earnings release after losing nearly a quarter of its market value in 2026. The bearish sentiment comes as the streaming giant prepares to release its third-quarter 2026 results after the U.S. market closes on Tuesday, October 20. For context, Netflix reported second-quarter revenue of approximately $12.56 billion and earnings per share of $0.80. In this case, analysts expect earnings per share of $0.82 on revenue of approximately $12.87 billion, representing year-over-year growth of 39% and 11.8%, respectively.
Source: Finbold
