Business

Netflix Revenue Disappoints

Updated 2026-10-20 20:50 UTC 1 source Negative

Netflix’s third-quarter revenue forecast disappointed Wall Street, leading to a drop in the company’s stock price. Analysts suggest that increased competition and the need for changes are key factors.

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Skeptical Wall Street Dings Netflix On Soft Revenue Forecast

Netflix numbers for the third quarter are out and Wall Street is not impressed, dining the giant streamer’s stock in particular for its softer than expected revenue forecast. “It’s a more competitive landscape and they need to make some changes,” said Mark Mahaney, an analyst at Ev

2026-10-20 20:43 UTC