Netflix says it has $27B left to buy back stock, about 8% of company
Netflix reported it has $27 billion remaining on its buyback plan — roughly 8% of the company — after completing its largest quarterly repurchase, per reports.
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Netflix reported it has about $27 billion remaining to repurchase its own shares, an amount that a news report says equals roughly 8% of the company. The same report said the company just completed the largest quarterly buyback in its history.
How the company described the buyback pot
The Motley Fool reported that Netflix disclosed a remaining buyback authorization of $27 billion, which the outlet described as equivalent to about 8% of the company. The report also said Netflix completed its biggest quarterly repurchase ever.
Where analysts stand
Some analysts are responding to the buyback activity by updating valuations. Finance.yahoo.com reported that Evercore ISI raised its price target on Netflix from $100 to $110 and kept an Outperform rating. According to that Yahoo Finance summary, Evercore applied a 25x multiple on Netflix’s expected 2028 earnings and pushed its valuation out to 2028; Yahoo said the Evercore target implies more than 40% upside from the current price referenced by the outlet.
Market reaction and other company moves
Yahoo Finance also reported some market reaction and company positioning. One Yahoo piece said Netflix’s content chief dismissed suggestions that YouTube is a major threat; that same item noted Netflix shares were up about 0.5% in premarket trading, as reported by the publisher. Separately, Yahoo reported that Netflix joined with Amazon and Alphabet’s YouTube to form a Washington lobbying group to represent streaming-industry positions in D.C.
What observers are likely to watch next
Following a large buyback and a fresh analyst target that leans on projected 2028 earnings, observers will be watching updates that change either buyback pace or fundamental earnings forecasts. Outlets cited here focus on (1) how quickly the company executes repurchases and (2) how analysts revise longer‑term earnings assumptions that feed valuation multiples.
All factual items above are drawn from published coverage by The Motley Fool and Yahoo Finance, as noted in the reporting.
Sources
This article was written from the reporting below. Every claim should be checkable against one of these. Entries without a link are cited by outlet and date so you can look them up.
- Netflix (NFLX) Gets a Bullish $110 Target: What’s Driving the Outlook?finance.yahoo.comSep 19, 2026
- Streaming’s Biggest Rivals Just Became Allies in Washingtonfinance.yahoo.comSep 20, 2026
- Netflix Content Chief Shrugs Off YouTube Threat: ‘Young People Only Watch Short Things’ Isn’t Truefinance.yahoo.comSep 19, 2026
- Benzinga Bulls and Bears: Generac, Salesforce, Netflix(opens in a new tab)benzinga.comSep 19, 2026
Some of these sources were found through a news feed Vero no longer uses, so their links have been removed. The headline, outlet and date are kept so you can find the original reporting.