NFLX Stock Today: Netflix Q3 2026 Earnings Date, US Churn Warning and Live Price Action for October 14, 2026

Netflix (NASDAQ: NFLX) is trading near $1,180 per share on Wednesday, October 14, 2026, with the streaming giant six days away from its Q3 2026 earnings report scheduled for Tuesday, October 20, after the closing bell. The stock is up roughly 22% year to date, but a fresh Apptopia churn warning in the US and a crowded options setup have turned this into the most debated mega-cap print of the October cycle.

What is NFLX stock price today?

NFLX is changing hands around $1,180 in the October 14, 2026 session, holding above its 50-day moving average near $1,142 and roughly 4% below its 52-week high of $1,229 set in late September. Intraday volume is running near 3.1 million shares, in line with the 20-day average, as traders position ahead of the October 20 earnings event. The bid has been supported by a broader tech tape that saw the S&P 500 and Nasdaq print record highs earlier in October, according to exchange data tracked by Barchart.

When is the NFLX stock earnings date for Q3 2026?

Netflix reports Q3 2026 results on Tuesday, October 20, 2026, after US market close, with the earnings call at 4:45 p.m. ET. This is the date Barchart flagged in its October 8 note titled "Dear Netflix Stock Fans, Mark Your Calendars for October 20." Consensus on the Street is for revenue of roughly $11.6 billion (up about 14% year over year) and EPS near $7.05, with the market's real focus on ad-tier monetization, ARM (average revenue per member) and any update to full-year 2026 free cash flow guidance of approximately $9 billion.

Is Netflix losing US subscribers? What the Apptopia churn data says

Apptopia data published this week suggests Netflix may have a churn problem in the US, with monthly cancellation rates on the app trending higher through September and early October 2026. According to the Seeking Alpha report citing Apptopia, US app-level churn has climbed into the high-2% monthly range, versus roughly 2.1% a year ago. That is a meaningful signal because the US and Canada region still generates the highest ARM in Netflix's portfolio, near $17.50 per paid member per month, and a 50 to 70 basis point churn increase can shave hundreds of millions in annualized revenue if it persists.

Why are bulls still buying NFLX stock in 2026?

Bulls argue the churn headline misses the mix shift: Netflix's ad-supported tier and the paid sharing crackdown have converted lower-value freeloaders into higher-value ad impressions. Yahoo Finance published a piece this week titled "Forget Selling Netflix: NFLX Is the Streaming Stock I'm Buying More Of," citing the ad tier's scale and the company's pricing power. Netflix's ad-supported plan now accounts for a reported 45% of new signups in markets where it is available, and the company has guided to ad revenue roughly doubling in 2026 versus 2025.

What is the NFLX stock price target on Wall Street?

The consensus 12-month price target on NFLX sits near $1,310, implying roughly 11% upside from the October 14 level of $1,180, according to analyst aggregation tracked by TipRanks and MarketBeat. The bull case top-end target is $1,500 (Pivotal Research and Wedbush have both published targets at or above $1,400 in 2026), while the bear case low sits near $950 on churn and content-cost concerns. The dispersion is unusually wide for a mega-cap, which is why the October 20 print is being treated as a binary event by short-dated options traders.

What is the implied move for NFLX earnings on October 20?

Options markets are pricing an implied move of roughly 7.5% for the October 20 print, based on at-the-money straddle pricing in the weekly expiry that follows earnings. That is above the stock's trailing four-quarter average absolute earnings-day move of about 6.2%, and it reflects the elevated uncertainty around US churn and ad-tier monetization. A 7.5% move from $1,180 implies a one-day range of roughly $1,091 to $1,269.

Has NFLX stock ever split, and is a split coming in 2026?

Netflix last split its stock 10-for-1 in July 2015, and there is no announced split in 2026. At $1,180 per share, NFLX is the highest-priced mega-cap streaming name and periodically draws retail speculation about a split on Stocktwits and Reddit, but management has not signaled any intention to do so. Historically, Netflix has used splits sparingly, and the 2015 action was the company's only split since its 2002 IPO.

What are retail traders saying on Stocktwits and Reddit about NFLX?

Sentiment on Stocktwits and r/stocks has flipped more cautious into the print, with the Apptopia churn story dominating threads on October 13 and 14. The bull counter-argument on Reddit centers on the ad tier and the fact that Netflix's 2026 content slate (including the final season of a flagship franchise and a live sports push) is the strongest in three years. Retail positioning, as measured by public flow trackers, shows net call buying into the print but with a rising share of put protection, a classic hedged-into-earnings posture.

What should investors watch on October 20?

• US and Canada ARM: any deceleration below 2% year over year would validate the churn thesis.
• Ad-tier disclosure: Netflix has been incrementally more transparent on ad revenue; a formal 2026 ad revenue number would be a positive catalyst.
• Free cash flow guide: the $9 billion FY26 target is the number most tied to the stock's multiple.
• Q4 content slate commentary: live sports and the holiday slate are the swing factors for Q4 net adds.
• Buyback pace: Netflix has been opportunistic with repurchases; a step-up would signal management confidence.

What is the bottom line on NFLX stock right now?

NFLX is a high-quality compounder trading at roughly 32 times forward 2026 EPS, with a genuine near-term debate about US churn and a genuine long-term tailwind from advertising. The October 20 print is the single most important data point for the next quarter of price action. Bulls are leaning on ad-tier economics and free cash flow; bears are leaning on Apptopia churn and a stretched multiple. Either way, the next six sessions are likely to be volatile, and the implied 7.5% move tells you the market agrees.

"The churn data is noisy, but the ad tier is real. Netflix's ability to monetize the ad-supported cohort at a higher blended ARM than the old basic plan is the whole bull case in one sentence." (paraphrased from recent sell-side commentary cited by Yahoo Finance, October 2026)

Frequently Asked Questions

What is the NFLX stock price today?

NFLX is trading near $1,180 on October 14, 2026, above its 50-day moving average and about 4% below its 52-week high of $1,229.

When is the NFLX stock earnings date?

Netflix reports Q3 2026 earnings on Tuesday, October 20, 2026, after the US market close, with the call at 4:45 p.m. ET.

Is Netflix losing US subscribers in 2026?

Apptopia data cited by Seeking Alpha shows US app-level churn trending into the high-2% monthly range, up from roughly 2.1% a year ago, though Netflix has not confirmed this in company disclosures.

What is the NFLX stock price target?

The consensus 12-month target is near $1,310, with bull-case targets above $1,400 and bear-case targets near $950.

Has NFLX stock ever split?

Yes, Netflix executed a 10-for-1 stock split in July 2015. There is no announced split in 2026.