Netflix (NFLX)

• Market cap: $522B
• 1 day: 2.33%
• 5 days: -1.8%
• 1 month: -1.33%
• 3 months: 0.64%
• 6 months: 29.31%
• Year to date: 38.54%
• 1 year: 73.78%
• 5 years: 161.27%
• 10 years: 1,078.87%
• Sector: Communication Services
• Industry: Entertainment

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 Q2 regulatory disclosures by fund managers ($100M+ AUM)

277% more first-time investments, than exits

New positions opened: 445 | Existing positions closed: 118

48% more funds holding in top 10

Funds holding in top 10: 203 [Q1] → 300 (+97) [Q2]

45% more capital invested

Capital invested by funds: $323B [Q1] → $467B (+$144B) [Q2]

25% more repeat investments, than reductions

Existing positions increased: 1,428 | Existing positions reduced: 1,138

9% more funds holding

Funds holding: 3,157 [Q1] → 3,427 (+270) [Q2]

2.22% more ownership

Funds ownership: 80.89% [Q1] → 83.11% (+2.22%) [Q2]

17% less call options, than puts

Call options by funds: $25B | Put options by funds: $30.1B

Research analyst outlook

18 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $1,100
• Avg. target: $1,424
• High target: $1,600

18 analyst ratings

• positive: 15 83%
• neutral: 3 17%
• negative: 0 0%

Loop Capital Alan Gould	$1,350	Buy Upgraded	17 Sep 2025
Needham Laura Martin	$1,500	Buy Reiterated	10 Sep 2025
Baird Vikram Kesavabhotla	$1,500	Outperform Maintained	21 Jul 2025
Wells Fargo Steven Cahall	$1,560	Overweight Maintained	18 Jul 2025
UBS John Hodulik	$1,495	Buy Maintained	18 Jul 2025