Netflix stock falls as U.K. price rises and Q2 growth slows

Published on 09/07/2026 at 14:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Netflix stock faces pressure after a U.K. price increase and slower second-quarter growth. The latest figures also keep 2026 guidance and analyst targets in view.

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Netflix stock (US64110L1061) fell after the company raised U.K. subscription prices and investors kept the latest second-quarter figures in view. On September 7, 2026, the shares were quoted at USD 78.25, down 5.35 percent, with a 52-week range of USD 65.08 to USD 126.71 and a market value of USD 325.83 billion.

Price and valuation

MarketBeat said Netflix opened at USD 78.25, carried a market capitalization of USD 325.83 billion and traded between USD 65.08 and USD 126.71 over the past 52 weeks. The same source put the trailing P/E ratio at 24.63, while the stock fell 5.35 percent on the day.

The move matters because Netflix is still priced as a high-growth streaming leader even after a softer quarter. For investors, the gap between a USD 78.25 quote and a USD 96.65 consensus target remains visible in the current setup.

Quarterly numbers

MarketBeat said Netflix reported USD 12.56 billion in revenue for the quarter ended July 16, 2026, up 13.4 percent year over year. Earnings per share came in at USD 0.80, one cent above the USD 0.79 consensus, while net margin was 28.22 percent.

That combination shows the core story: revenue is still growing at a double-digit rate, but the latest quarter did not reaccelerate enough to calm valuation pressure. A first-half figure from The Motley Fool put year-to-date revenue at USD 24.8 billion and ordinary net income at about USD 6.0 billion, or 24 percent of sales.

What changed

Yahoo Finance reported on September 7, 2026, that Netflix raised prices on all of its U.K. plans in the past few days, with the ad-supported plan moving from GBP 5.99 to GBP 7.99 a month. The same report said the stock fell 5.4 percent to USD 78.25 on Friday.

That pricing step is the kind of incremental revenue lever the market watches closely after a quarter in which U.K. pricing power, ad-tier growth and free cash flow guidance all remain central to the story. 247wallst said Netflix reiterated 2026 revenue guidance of USD 51.0 billion to USD 51.4 billion and about USD 12.5 billion of free cash flow.

Streaming scale

Netflix's product mix still matters because the business is now balancing subscription pricing, advertising and share buybacks at scale. 247wallst also said Q2 buybacks reached USD 4.7 billion, the largest quarterly repurchase in company history, with USD 27.1 billion still authorized.

Stock stays under pressure

Netflix stock traded at USD 78.25 on September 7, 2026, with the latest 52-week low at USD 65.08 and the 52-week high at USD 126.71. The quote sits well below the average target of USD 96.65 cited by MarketBeat, leaving the shares tied to the next earnings update and the pace of pricing and ad-tier growth.