10 Most Popular Stocks on Robinhood in 2026

7. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders: 146  

Netflix, Inc. (NASDAQ:NFLX) is among the most popular stocks on Robinhood. 

TheFly reported that NFLX authorized an additional $25 billion in share repurchase authorization on April 22, 2026, approved by its Board of Directors, expanding the company’s buyback capacity. The authorization is separate from the repurchase program approved in December 2024 and carries no expiration date.

As of March 31, Netflix, Inc. (NASDAQ:NFLX) reported approximately $6.8 billion remaining under the earlier authorization. The move reflects continued capital return activity through ongoing equity repurchases under multiple programs. These actions highlight the company’s continued use of large-scale buybacks alongside its existing capital allocation strategy aimed at returning excess cash to shareholders over time through multiple program frameworks.

Further signaling its commitment to high-end content production, Bloomberg reported on April 21. The potential deal would value the property at a significantly lower level than its 2021 sale price of $1.85 billion, following financial distress tied to the current ownership structure. The studio lot was turned over to lenders after the owner defaulted on $1.1 billion of debt and failed to complete a refinancing. The asset is now controlled by creditors, including Goldman Sachs, as discussions continue regarding a possible sale of the production facility.

Netflix, Inc. (NASDAQ:NFLX) is a U.S.-based streaming platform founded in 1997 by Reed Hastings and Marc Randolph. It offers movies, TV shows, and games in over 190 countries and has over 300 million subscribers after shifting from DVD rentals to streaming in 2007.