NetflixNFLX
About: 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 300 million subscribers globally. Netflix has exposure to nearly the entire global population outside of China. The firm has traditionally avoided a regular slate of live programming or sports content, instead focusing on on-demand access to episodic television, movies, and documentaries. The firm introduced ad-supported subscription plans in 2022, giving the firm exposure to the advertising market in addition to the subscription fees that have historically accounted for nearly all its revenue.
Employees: 14,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
95% more first-time investments, than exits
New positions opened: 279 | Existing positions closed: 143
20% more repeat investments, than reductions
Existing positions increased: 1,336 | Existing positions reduced: 1,116
14% more funds holding in top 10
Funds holding in top 10: 177 [Q4 2024] → 201 (+24) [Q1 2025]
2% more funds holding
Funds holding: 3,071 [Q4 2024] → 3,139 (+68) [Q1 2025]
2% more capital invested
Capital invested by funds: $315B [Q4 2024] → $322B (+$6.78B) [Q1 2025]
1.5% less ownership
Funds ownership: 82.35% [Q4 2024] → 80.85% (-1.5%) [Q1 2025]
16% less call options, than puts
Call options by funds: $14.3B | Put options by funds: $17.1B
Research analyst outlook
19 Wall Street Analysts provided 1 year price targets over the past 3 months
19 analyst ratings
Baird Vikram Kesavabhotla | 29%upside $1,500 | Outperform Maintained | 21 Jul 2025 |
Wells Fargo Steven Cahall | 35%upside $1,560 | Overweight Maintained | 18 Jul 2025 |
UBS John Hodulik | 29%upside $1,495 | Buy Maintained | 18 Jul 2025 |
JP Morgan Doug Anmuth | 12%upside $1,300 | Neutral Maintained | 18 Jul 2025 |
TD Cowen John Blackledge | 25%upside $1,450 | Buy Maintained | 18 Jul 2025 |
Financial journalist opinion
Based on 242 articles about NFLX published over the past 30 days









