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Added to YB: 2026-04-21

Pitch date: 2026-04-18

NFLX [neutral]

Netflix, Inc.

-2.38%

current return

Author Info

No bio for this author

Company Info

Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages.

Market Cap

$409.8B

Pitch Price

$97.14

Price Target

N/A

Dividend

N/A

EV/EBITDA

27.59

P/E

31.43

EV/Sales

8.83

Sector

Entertainment

Category

growth

Show full summary:
Netflix's 1Q26 Earnings: Second Flywheel

NFLX (earnings): Q1 rev $12.25B (+16% YoY), op margin 32.3%, FCF $5.1B beat, but Q2 guide missed on rev/EPS/margin. Shift from 'Entertainment OS' to 'Attention OS': live, games, podcasts driving engagement vs library deals. Ad tier 60% of Q1 signups (vs 40% YoY), ~$3B ad rev 2026 est. Key debate: can ads become 2nd monetization layer warranting platform multiple vs media multiple? $12.5B FCF guide, aggressive buybacks signal mgmt confidence.

Read full article (6 min)