Netflix Shares Fall On Forecast
Netflix beat quarterly profit estimates, but a weak outlook and data changes sent shares down.
July 16, 2026 · Updated Jul 16, 6:28pm ET
Los Angeles TimesNetflix reports higher profits as investors worry about growth
CNBCNetflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates
New York PostNetflix shares tank on weak forecast as fears of slowing growth alarm Wall Street
Business InsiderNetflix gave an unusually candid reason for releasing less data
ABC NewsNetflix posts higher Q2 results but shares drop due to lukewarm forecast
DeadlineNetflix To Stop Biannual Viewership Reports Amid Scrutiny
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Pano rates the coverage Mostly Center.
What happened
Netflix shares fell more than 8% in after-hours trading July 16 after the company’s third-quarter revenue and earnings forecast came in below Wall Street targets, despite second-quarter results roughly in line with estimates. The streamer reported second-quarter revenue of $12.6 billion, up from a year earlier, and said profit grew on new membership signups and price increases. Netflix also said that beginning in Q1 2027 it will release one engagement report annually, ending its biannual “What We Watched” viewership reports after four years.
