1 of 1
Story summary
- Netflix reported Q3 2026 revenue of $51.1 billion, matching the low end of its guidance.
- Netflix projected 2026 advertising revenue of $2.7 billion, down from its earlier $3 billion forecast.
- Viewership hours rose only 2% in the first six months of 2026, indicating mature growth.
- Shares traded at $65.85 with a P/E of 18.9, below the ten-year average multiple of 93.3.