Wall Street Lowers Netflix Stock Price Targets After Weak Outlook… | HappeningNow.news

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Wall Street Lowers Netflix Stock Price Targets After Weak Outlook Overshadows Q3 Earnings

Netflix stock extended its losses another 4% on Wednesday after some Wall Street analysts cut their price targets in response to weaker guidance overshadowing the streamer’s third-quarter earnings.

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Netflix stock fell another 4% on Wednesday after several Wall Street analysts lowered their price targets. The cuts followed the company’s third‑quarter earnings, which showed a stronger‑than‑expected profit and revenue that matched analysts’ estimates. However, Netflix warned that fourth‑quarter revenue growth would slow and that ad sales for 2026 would be lower than previously forecast. The weaker guidance outweighed the solid Q3 results, prompting the downward revisions.

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