Double Digit Revenue and Margin Expansion Drive Netflix’s (NFLX) Upside
In its Q2 2026 investor letter, Pershing Square Holdings revealed that they hold a position in Netflix, Inc. (NASDAQ:NFLX), a dominant global streaming platform with over 325 million subscribers. The company, which Pershing Square briefly owned in 2022, has shown substantial growth and resilience despite challenges in the streaming industry.
While Pershing Square acknowledges the potential of Netflix, they believe other AI stocks present greater upside potential with lower risk. As of the end of the first quarter, 144 hedge fund portfolios held Netflix, Inc. (NASDAQ:NFLX) compared to 146 in the previous quarter.
Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
