Here's What the Wall Street Thinks About Netflix (NFLX), After its Q3 Earnings

Netflix, Inc. (NASDAQ:NFLX) is one of the Best Stocks to Buy for High Returns Heading into 2026. Netflix, Inc. (NASDAQ:NFLX) reported FQ3 2205 results on October 21. The company missed EPS and revenue estimates by $1.10 and $881,280, respectively.

The stock price has dropped more than 11% since the announcement and Wall Street has a mixed opinion on the stock ever since.

On October 23, Laurent Yoon from Bernstein reiterated a Buy rating on Netflix, Inc. (NASDAQ:NFLX) with a price target of $1,390. The firm noted that the company is entering the fourth quarter with one of the best content lineups ever. Bernstein noted they are puzzled by the negative market reaction following the earnings release.

Analyst Yoon highlighted that the company has witnessed seven single day declines of 8% or more since COVID-19, however, most of these drops have been followed by recoveries driven by Netflix’s strong fundamentals.

On the other hand, earlier on October 22, Benchmark reiterated a Hold rating on Netflix, Inc. (NASDAQ:NFLX) without disclosing any price targets. The firm noted that the company’s quarterly revenue was in-line with its guidance and the operating income would also have exceeded the forecasts excluding the Brazilian tax impact.

While Benchmark appreciated the company’s strength in its mature markets citing record engagement, it also highlighted relative underperformance in emerging markets. Netflix, Inc. (NASDAQ:NFLX) expects FQ4 revenue to grow by 17%, which is $50 million more than Benchmark’s forecast.

Netflix Inc. (NASDAQ:NFLX) provides entertainment services. The company offers TV series, documentaries, feature films, and games across various genres and languages.

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Disclosure: None. This article is originally published at Insider Monkey.