Man GLG’s 10 Stock Picks with the Highest Upside Potential

3. Netflix, Inc. (NASDAQ:NFLX

Upside Potential: 23.08%

Share Price Return Between July 1 and October 24: −15.38%

Man GLG holds $234.62 million in Netflix Inc. (NASDAQ:NFLX) shares, representing 0.45% of its 13-F portfolio. The company is one of Man GLG’s 10 stock picks with the highest upside potential.

On October 22, 2025, Canaccord Genuity reiterated its “Buy” rating on Netflix, Inc. (NASDAQ:NFLX) with a $1,525 price target.

The investment firm’s bullish stance came after Netflix Inc. (NASDAQ:NFLX)’s earnings release for Q3 2025. Steady subscriber engagement, alongside a strong content pipeline, helped the company accelerate its total viewing hours compared to the first half of 2025, resulting in revenue of $11.51 billion that met analysts’ expectations.

Meanwhile, Netflix, Inc. (NASDAQ:NFLX) reported record advertising sales during the quarter, which it expects to more than double in 2025. This reflects strong momentum in the company’s programmatic ad business. The company’s operating income fell short of guidance due to a $619 million Brazilian tax charge. During the earnings call, Chief Financial Officer Spence Neumann stated:

“It is not a tax that’s specific to Netflix. It’s not even specific to streaming. Absent this expense, we would have exceeded our Q3 2025 operating income and operating margin forecast, and we don’t expect this matter to have a material impact on our results going forward.”

Canaccord Genuity views Netflix Inc. (NASDAQ:NFLX) as a long-term investment, thanks to its record viewership in the U.S. and U.K. during Q3, alongside its ongoing improvement in profitability. The firm believes there’s a limited upside for second-half revenue, attributing it to the company’s post-earnings dip.

Offering TV series, films, documentaries, and games across various genres and languages, Netflix, Inc. (NASDAQ:NFLX) is a renowned global streaming platform.