Netflix, Inc. (NASDAQ:NFLX) will release earnings for its third quarter after the closing bell on Tuesday, Oct. 20.

Analysts expect the Los Gatos, California-based company to report quarterly earnings of 82 cents per share, up from 59 cents per share in the year-ago period. The consensus estimate for NFLX’s quarterly revenue is $12.88 billion. It reported $11.51 billion last year, according to Benzinga Pro.

Netflix is replacing content chief Bela Bajaria, who is leaving after nearly 10 years, with industry veteran Peter Rice.

Shares of Netflix fell 2.9% to close at $70.53 on Friday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• BMO Capital analyst Brian Pitz maintained an Outperform rating and cut the price target from $135 to $125 on Oct. 16, 2026. This analyst has an accuracy rate of 65%.
• Wedbush analyst Alicia Reese maintained an Outperform rating and slashed the price target from $105 to $90 on Oct. 16, 2026. This analyst has an accuracy rate of 67%.
• Rosenblatt analyst Barton Crockett maintained a Neutral rating with a price target of $75 on Oct. 16, 2026. This analyst has an accuracy rate of 74%.
• Jefferies analyst John Colantuoni assumed a Buy rating with a price target of $85 on Oct. 15, 2026. This analyst has an accuracy rate of 63%.
• Keybanc analyst Justin Patterson maintained an Overweight rating and cut the price target from $92 to $85 on Oct. 13, 2026. This analyst has an accuracy rate of 67%.

Considering buying NFLX stock? Here’s what analysts think:

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