Netflix stock declines twenty-five percent during 2026

Netflix shares have lost about 25% of their value so far in 2026, turning a $1,000 investment made in January into roughly $748 by late September. The broader S&P 500 index gained 12.7% over the same period, so Netflix performed much worse than the general market. Investors have also seen the stock's price-to-earnings ratio fall by around 40%, which shows that people are willing to pay less for each dollar the company earns. The streaming industry faced difficult conditions in 2026, and this hurt confidence in Netflix shares. Over the long term, however, the stock has been very strong. A $1,000 investment made ten years ago would now be worth around $7,100 to $7,900.