Netflix (NFLX) Suffers a Larger Drop Than the General Market: Key Insights

Netflix stock declined 3% on September 15, 2026, underperforming the broader market. Despite a 5.66% monthly gain, the company faces upcoming earnings on October 20 with analyst expectations of $0.82 EPS (39% YoY growth) and $12.88B revenue (11.9% YoY growth). Netflix holds a Zacks Rank #3 (Hold) with a Forward P/E of 22.35, trading at a premium to its industry average.