Why Netflix, Inc. (NFLX) stock moved
Netflix, Inc. (NFLX) shares rose 0.0% to $62.08 as of November 1, 2026, a slight gain from the prior close of $62.05. BestStocks flagged the session as a major change for NFLX. Below, we break down what changed for NFLX, why it matters for investors, how the stock reacted, and the catalysts on the calendar.
NFLX climbed 0.0% to $62.08
NFLX rose 0.0% in its latest session, moving from $62.05 to $62.08.
What it means for Netflix, Inc. investors
For Netflix, Inc. investors, the balance of recent signals points to a bullish shift. On the constructive side: Earnings beat with positive market reaction; Positive 0.0% session move. Weighing against that: Netflix filed a material event (8-K) today alongside an earnings report, triggering a 3.25% intraday decline to $66.46; Netflix reported Q3 revenue and EPS guidance below Wall Street forecasts, signaling the slowest revenue growth since Q3 2023, per CNBC and Reuters. Because the move outpaced peers, it looks driven by NFLX-specific developments rather than a broad sector rotation. Wall Street's consensus price target sits at $86.21, implying +38.9% upside from $62.08. Over the past 90 days analysts logged 1 upgrade and 4 downgrades. BestStocks rates the overall signal quality weak (36/100). With earnings roughly 79 days out, the next report is the most likely near-term test of the move.
NFLX price reaction
NFLX last traded at $62.08, up $0.03 (+0.05%) from the previous close of $62.05. The session traded on 1.3× average volume (normal), so participation was unremarkable. Its communication services peer group moved a median +6.5% over the same stretch, leaving NFLX behind the group by 6.4 points. Over the past month the stock has ranged between $61.99 and $72.61, and it currently sits about 1% of the way up that band.
Bullish and bearish analyst opinions on Netflix, Inc. (NFLX)
The consensus analyst price target on Netflix, Inc. (NFLX) is $86.21, 38.9% above the recent $62.08. Over the past 90 days analysts logged 1 upgrade, 27 maintains, and 4 downgrades. Here is how the bullish and bearish cases on NFLX line up.
The bullish case
- Wall Street's consensus price target of $86.21 implies +38.9% upside from $62.08.
- The Street's most bullish target is $141.00 (+127.1%).
- 1 analyst upgrade in the past 90 days, most recently Deutsche Bank to Buy (2026-09-29).
- Earnings beat with positive market reaction.
- Positive 0.0% session move.
The bearish case
- The most bearish analyst target is $57.00 (-8.2%).
- 4 analyst downgrades in the past 90 days, most recently Wolfe Research to Peer Perform (2026-10-22).
- Netflix filed a material event (8-K) today alongside an earnings report, triggering a 3.25% intraday decline to $66.46.
- Netflix reported Q3 revenue and EPS guidance below Wall Street forecasts, signaling the slowest revenue growth since Q3 2023, per CNBC and Reuters.
Weighing both sides, BestStocks' composite read of recent signals is bullish, as the bull-versus-bear meter above shows. This is an educational summary of the bull and bear case, not investment advice.
Analyst price targets and ratings are FMP consensus figures as of Oct 31, 2026; other aggregators may differ. High and low targets show the range of estimates, not forecasts.
Previous notable changes for NFLX
In-depth NFLX event analyses
Frequently asked questions about NFLX
Why did Netflix, Inc. (NFLX) stock move?
NFLX rose 0.0% to $62.08. No single company-specific catalyst was confirmed during the move window, and it looks like a company-specific move.
How much did NFLX stock rise?
NFLX gained 0.05% ($0.03) versus the prior close of $62.05, last trading at $62.08 on 1.3× average volume.
When is Netflix, Inc.'s next earnings date?
NFLX's next earnings report is estimated for 2027-01-19 — about 79 days away.
What is the analyst price target for NFLX?
The consensus analyst price target for NFLX is $86.21, about 38.9% above the current $62.08. Over the past 90 days, analysts recorded 1 upgrade, 27 maintains, and 4 downgrades.
Is the NFLX move company-specific or sector-wide?
BestStocks classifies it as a company-specific move: the peer group moved a median +6.5% against NFLX's +0.0%. NFLX ranks top 2 of 2 peers.
How BestStocks tracks NFLX
This page is generated automatically by BestStocks' change-detection system after its price and volume cleared NFLX-specific materiality thresholds, triggering an evidence check. It draws on 20 tracked change events for NFLX, cross-checked against the data sources listed below. Price, volume, and market-capitalization figures are the live intraday quote as of November 1, 2026 and refresh as new information is detected; for companies with multiple share classes, market-cap figures can differ by data source. Analyst price targets and ratings are FMP consensus. This is an educational summary of what changed and why — not personalized investment advice.
