Netflix shares fall to a 52-week low of $65.08 after the Q3 revenue guide

Netflix shares fell sharply on Friday July 17, the session after the Q2 report, and touched a 52-week low of $65.08 intraday. The sell-off followed the third-quarter revenue guide, which came in below the Street, and the lower-than-expected full-year range. Several analysts cut price targets while mostly keeping their ratings.

• Intraday 52-week low $65.08 on July 17
• Trigger: Q3 2026 revenue guide $12.86B vs about $13B expected
• Shares were down about 44% over the trailing 12 months at the time of the report