Top 30 S&P 500 Stocks by Index Weight

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19. Netflix, Inc. (NASDAQ:NFLX)

Index Weight: 0.71%

Number of Hedge Fund Holders: 146

Netflix, Inc. (NASDAQ:NFLX) is one of the top S&P 500 stocks by index weight. On April 15, research firm Citizens reiterated a Market Perform rating on Netflix Inc. (NASDAQ:NFLX). The rating aligns with expectations that the company will deliver better-than-expected first-quarter 2026 results.

Citizens expect significant upside in the streaming giant’s earnings per share, driven by recent price increases in the US. Netflix increased the price of its ad-supported plan to $8.99 from $7.99, the standard plan to $19.99 from $17.99, and the premium plan to $26.99 from $24.99. The price hikes came on the heels of the company investing significantly in its content, including new ventures into the live events space and video podcasts.

In addition to the price increases and library upgrades, Citizens has also touted Netflix’s long-term structural advantages, including scale and global distribution. According to the research firm, this competitive edge supports the company’s ability to raise prices while outspending competitors on content.

Analysts at Evercore expect Netflix to deliver first-quarter revenue of $12.2 billion, reflecting a 15.5% year-over-year increase, with earnings per share of $0.76.

Netflix, Inc. (NASDAQ:NFLX) is a global streaming service delivering TV series, movies, documentaries, games, and live programming to over 310 million paid subscribers. Operating in over 190 countries, it provides personalized, on-demand entertainment across internet-connected devices via subscription and ad-supported models.

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