COURT-RULING ·Filed Apr 7, 2026
Court ruling (appellate)
Actionable Insight • Neutral
No action required — this is a non-substantive correction to a prior court opinion. Monitor for any subsequent rulings or enforcement actions, but no material change to Netflix's legal or financial position is indicated.
Final — all horizons settled through T+60d
NFLX ▼ -24.92% at T+60d
NEUTRAL call ✗ call lost -24.92% · α vs SPY -38.05% · entry $98.82 → $74.19
T+1d
+0.64%
call +0.64% · α -1.90%
$99.45
settled 7mo ago
T+5d
+7.55%
call +7.55% · α +2.22%
$106.28
settled 6mo ago
T+20d
-7.89%
call -7.89% · α -17.67%
$91.02
settled 6mo ago
T+60d
-24.92%
call -24.92% · α -38.05%
$74.19
settled 4mo ago
Price Chart
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Executive Summary
Analysis based on filing metadata only — document content was unavailable
Court Ruling Details
Ruling Date
Feb 9, 2026
Court
Court of Appeals for the Federal Circuit
Court Level
Appellate
Case Type
patent
Ruling Type
errata
Outcome
PARTIAL — mixed ruling, some claims won/lost
Will It Be Appealed?
N/A (final)
Precedent Risk
LOW
Key Facts
- Filing is an appellate court errata document related to a patent dispute between Gotv Streaming, LLC and Netflix, Inc.
- Original opinion was issued on February 9, 2026, by the Court of Appeals for the Federal Circuit (CAFC), with this errata filed on April 7, 2026.
- The errata corrects minor textual errors in the original opinion and does not alter the legal outcome or ruling.
Financial Impact
No financial impact — this is a clerical correction to a prior appellate decision.
Risk Factors
- Potential for ongoing patent litigation risk if the underlying ruling was adverse to Netflix
- Precedent risk if the original CAFC decision established a不利 claim construction or liability finding
Market Snapshot
Price
$98.93
Change
+0.3%
Volume
37.0M
Exchange
Nasdaq
Sector
Services-Video Tape Rental
Analyst Consensus
76% bullish (59 analysts)
Investment Themes
Streaming & Digital Media
Documents Analyzed
This report is based on 1 court opinion from CourtListener.
| Document | Accession Number |
|---|---|
| COURT-RULING Data (Synthetic) | court-27b4y6xs-NFLX |
18 reports for NFLX
50% Hit rate best @ T+60▲ +22.76%
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 29, 2026 19d ago | ANALYST-UPGRADE | — | awaiting T+20 | — | — |
Sep 18, 2026 4w ago | ANALYST-DOWNGRADE | — | awaiting T+20 | — | — |
Sep 14, 2026 4w ago | Press Release | $80.32 $70.61 | ▼ −12.09% | ▼ −14.35% | $70.53 (−12.19%) |
Aug 10, 2026 9w ago | Insider Cluster | $74.79 $76.03 | ▲ +1.66% | ▲ +2.72% | $70.53 (−5.70%) |
Aug 6, 2026 10w ago | Insider Cluster | $73.67 $82.67 | ▲ +12.22% | ▲ +11.62% | $70.53 (−4.26%) |
Aug 4, 2026 10w ago | Insider Cluster | $73.55 $80.81 | ▼ −9.88% | ▼ −11.11% | $70.53 (+4.10%) |
Jul 17, 2026 13w ago | ANALYST-DOWNGRADE | — | awaiting T+20 | — | — |
Jun 1, 2026 19w ago | 144 | $83.32 $74.19 | ▼ −10.95% | ▼ −9.14% | $70.53 (−15.35%) |
May 12, 2026 22w ago | Court Ruling | $87.65 $82.00 | ▼ −6.44% | ▼ −4.72% | $70.53 (−19.53%) |
May 7, 2026 23w ago | 144 | $87.45 $82.18 | ▼ −6.02% | ▼ −6.05% | $70.53 (−19.34%) |
Showing 10 of 18
US Market Status
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