YahooOctober 21, 2026 at 9:11 AM NY6 Days Ago
Netflix Sinks 7% as Soft Q4 Outlook Sparks Wave of Price Target Cuts; Spotify Slips, Disney Holds Steady
A Q4 2026 revenue forecast that fell short of Wall Street’s expectations is overshadowing an earnings beat at Netflix (NASDAQ:NFLX), and a string of lowered analyst targets is compounding the damage. Netflix stock is down 7% to $64.07 in morning trading. This drop shows shareholders discounting the streamer’s profit gains while its growth outlook softens. […]
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