Netflix stock slides after earnings: NFLX drops on 2026 outlook as Warner Bros bid looms
Netflix shares fell about 4% in after-hours trading after its 2026 revenue forecast missed Wall Street’s lower estimates, despite beating holiday quarter sales. The company’s $82.7 billion all-cash bid for Warner Bros Discovery drew investor scrutiny over financing and deal risks. Netflix closed regular trading at $87.26, down 0.84%. A Warner Bros shareholder vote on the deal is expected by April.