In its Q2 2026 investor letter, Fundsmith Equity Fund highlighted Netflix, Inc. (NASDAQ:NFLX) as a new addition.
Netflix, Inc. (NASDAQ:NFLX) is a leading subscription-based streaming entertainment platform
On July 31, 2026, Netflix, Inc. (NASDAQ:NFLX) closed at $71.71 per share. The one-month return for Netflix, Inc. (NASDAQ:NFLX) was -5.67%, and its shares lost 38.76% over the past 52 weeks. Netflix, Inc. (NASDAQ:NFLX) has a market capitalization of $298.59 billion.
Fundsmith Equity Fund stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q2 2026 investor update: “Netflix, Inc. (NASDAQ:NFLX) is the pioneer of subscription-based streaming entertainment. It has a huge subscriber base which funds an annual content budget of over $17bn that smaller competitors simply cannot afford to match without losing money. Netflix now accounts for nearly 8% of all television screen time in the US, more than any single traditional broadcast network, but also underscoring its growth potential.