Netflix stock: Bernstein cuts target to USD 80.00 for Netflix stock
Published on 10/23/2026 at 16:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSBernstein target cut
- Bernstein Research cut its Netflix target to USD 80.00 from USD 95.00 on October 21, 2026.
- Netflix's next earnings date is January 19, 2027.
- Netflix stock costs EUR 59.63 at Lang & Schwarz on October 23, 2026 at 4:09 p.m. CEST.
- Netflix posted a 34.60 percent operating margin in the third quarter of 2026.
Bernstein Research cut its Netflix price target from USD 95.00 to USD 80.00 on October 21, 2026, while retaining its Outperform rating, according to finanzen.net. Netflix stock was trading at EUR 59.63 at Lang & Schwarz on October 23, 2026 at 4:09 p.m. CEST.
Bernstein highlights advertising risk
Bernstein analyst Laurent Yoon linked the lower target to a slower advertising rollout and a 2026 outlook implying roughly 80 percent growth in advertising revenue, according to the same October 21, 2026 analysis. The firm kept the Outperform rating but said the remaining 2026 catalysts appeared limited.
Third-quarter margin reaches 34.60 percent
Netflix reported USD 12.87 billion in third-quarter revenue for the period ended September 30, 2026. Operating margin reached 34.60 percent, compared with 28.20 percent in the third quarter of 2025, while adjusted earnings per share came to USD 0.87. These figures appear in Netflix's October 20, 2026 shareholder letter filed with the SEC at the SEC.
Netflix remains near its yearly low
On Nasdaq, Netflix was at USD 66.78 on October 23, 2026 at 10:23 a.m. EDT. Its 52-week range was USD 64.10 to USD 116.73, placing the Nasdaq price 4.18 percent above the low. The market capitalization stood at USD 278.1 billion and the price-to-earnings ratio was 19.32 on the same date.
Next results date is January 19
Netflix's next earnings release is scheduled for January 19, 2027, according to Zacks. The date gives investors a defined checkpoint for advertising progress, revenue growth and the margin outlook.
Price remains the daily anchor
For investors, the contrast is clear: Bernstein's USD 80.00 target remains above the Nasdaq quote, while the euro indication stood at EUR 59.63 during the Xetra trading phase. Netflix's operating margin improved by 6.40 percentage points year over year in the third quarter of 2026, but the lower target places advertising execution at the center of the valuation debate.
The further course of trading is shown by the continuously updated real-time quote of Netflix stock.
Netflix stock facts
- Company: Netflix, Inc.
- ISIN: US64110L1061
- Ticker: NFLX
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 23, 2026, 4:09 p.m. CEST): EUR 59.63
- Market capitalization: USD 278.1 billion (as of October 23, 2026)
- 52-week range: USD 64.10-116.73 (as of October 23, 2026)
- Sector / Industry: Communication Services / Entertainment
- Next earnings date: January 19, 2027
Market context: Market report S&P 500.
