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Morningstar

Morningstar

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Oct 21, 2026

Netflix, Inc.: Netflix Earnings: Recent Slowdown Fears Are Generally Confirmed, but Being Too Bearish Is a Mistake

Symbols

NFLX

Sector(s)

Communication Services

Rating

Current Price

62.08

Fair Value

Economic Moat

Stewardship

Summary

Netflix’s relatively simple business model involves only one business, its streaming service. It has the biggest television entertainment subscriber base in both the United States and the collective international market, with more than 325 million subscribers globally. Netflix

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Analyst Profile

Matthew Dolgin

Equity Analyst

Matthew Dolgin is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. He covers companies in the technology sector.Before joining Morningstar in 2016, Dolgin was a compliance examiner for the National Futures Association.Dolgin holds a bachelor’s degree in kinesiology from Northern Illinois University, a master’s degree in business administration from the University of Notre Dame, and a juris doctor degree from the Illinois Institute of Technology’s Chicago-Kent College of Law. He holds the Chartered Financial Analyst® designation.

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