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$74.14+0.61%as of Aug 7, 2026
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Netflix slipped -2.0% in a broadly constructive tape with the S&P 500 up 0.7% and the Nasdaq 100 up 0.6%; with no company news and intact growth and margins, the move looks more like ordinary volatility than a business setback.

NFLX

NETFLIX INC

As of Aug 2, 2026

62/100

Worth keeping an eye onHealth Score

Why it moved

The primary driver looks stock-specific, not the market: NFLX fell -2.0% while the S&P 500 rose 2.0% and the Nasdaq 100 rose 2.0%. There is no recent company event on the facts, and the broader tape was supportive, so a modest decline against a rising market points to idiosyncratic price action rather than a market-wide or sector-wide shock.

Volatility read

This looks like ordinary volatility rather than deterioration. Revenue is still growing +16.0% YoY on a TTM basis, the latest quarter was +13.4% YoY, and EPS is up +35.3% YoY TTM, while margins remain strong at gross +49.1%, operating +35.5%, and net +28.2%. Valuation is not cheap at a PE 21.9 and forward PE 19.7, but the PEG of 1.09 says the stock is not pricing growth at an extreme multiple; beta is 1.52, so larger swings than the market are normal. The move is therefore more consistent with a higher-volatility growth name than with a fundamental break.

Earnings preview

The next earnings date is not available this period, so I cannot place a specific print on the calendar. There are also no analyst consensus figures in the facts for expected revenue, EPS, or margins, and no prior post-earnings reaction data is provided. The market will still be focused on three concrete items when the report arrives: whether revenue growth stays near the recent +13.4% YoY pace, whether EPS growth remains close to +35.3% YoY TTM, and whether operating margin holds near +35.5%.

This report is for informational and educational purposes only. It does not constitute financial, investment, tax, or legal advice. The platform does not recommend buying or selling any security.

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