Netflix shares fell more than 8% in after-hours trading in the US on July 16 after the streamer forecast third-quarter revenue below Wall Street expectations.

The company reported second-quarter result broadly in line with the estimates but projected third-quarter revenue of US$12.86 billion, about US$140 million below consensus.

Netflix narrowed its full-year 2026 revenue outlook to US$51 billion to US$51.4 billion and maintained its operating margin forecast at 31.5%.

Netflix said recent price increases and advertising supported results. The company  still expects 2026 advertising revenue to roughly double year on year to about US$3 billion.

The weaker third-quarter outlook added to investor concerns about slower growth. Some analysts pointed to saturation in Netflix’s core markets and fewer easy paths for expansion.

🔗 Source: Cailianshe

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