17. Netflix, Inc. (NASDAQ:NFLX)
Number of Hedge Fund Holdings in Q4 2025: 146
Streaming giant Netflix, Inc. (NASDAQ:NFLX) is one of Jim Cramer’s favorite stocks. Throughout 2025, he lavished praise on the firm for multiple reasons, such as the depth and breadth of content and a commanding market presence. Netflix, Inc. (NASDAQ:NFLX)’s shares are down by 16% over the past year and up by a modest 1.5% year-to-date. They closed 9.7% lower on April 17th, the day after it reported its first quarter earnings. The results saw Netflix, Inc. (NASDAQ:NFLX) post $12.25 billion in revenue and $1.23 in earnings per share, which was higher than analyst estimates of $12.18 billion. In his more recent comments about the firm, Cramer opined that the shares should have performed better after Netflix, Inc. (NASDAQ:NFLX) exited the race to buy Warner Brothers. He discussed the firm following the earnings in this appearance and continued to praise its industry position:
“Well first I mean I think Robert Hum who works at CNBC did a very thorough analysis of this actual, what the forecast really was versus what we thought it was. And that it was a miss. And if you strip out the money from Warner, I think that’s important. . .I guess I think what a lot of people felt was, how can you just do a normal call? You had this incredible, incredible takeover that was, that really was, in the end, abandoned. They could have had it. And how could you do a call as if, well you know what, we can do it with or without? When it was a monumental change that they might have gone to? And I didn’t like that, and I love this company, I was like, okay, guys, I’m would have started out by saying, let me tell you the pros and cons of what happened and why we chose this and why we didn’t go to 34. Instead it was like, you know let’s talk about, we’ve got a couple of new shows that you want to know, it was like a plain old fashioned Netflix call. And it talked about the number of people who watch, and it turns out there’s a lot more people who, not enough people who don’t watch it anymore.
“It’s so much better than a typical media, it’s so much in sync, there’s no linear. . .I felt that, that maybe. . .that maybe they needed Warner more than, I know that’s almost a cliche. . .
“They skipped a beat. . .I think that you have to give them the benefit of the doubt. If you take a look at where the stock was when Reed Hastings started [inaudible]. I mean it’s been remarkable, and so, to not give them the benefit of the doubt, is just really being, too skeptical.
“I think he was a forerunner, believe it or not, to the things that we associate with NVIDIA and the fourth industrial revolution. He knew what you wanted, he predicted it correctly. He gave it to you. It’s almost as if David, this was what we do when we go on ChatGPT. He knew us. He knew us. He knew that I wanted Scarface, he knew that I wanted Narcos. That’s what he did.”
Harding Loevner Global Equity Strategy discussed Netflix, Inc. (NASDAQ:NFLX) in its fourth quarter 2025 investor letter:
“In Communication Services, Netflix, Inc.’s (NASDAQ:NFLX) solid quarterly results fell short of the market’s expectations. The company’s bid to acquire Warner Bros. added pressure to the share price, compounded by concerns that the rising popularity of short form video could pull viewers away from streaming apps.”
