With a market cap of $309 billion, Netflix, Inc. (NFLX) is the world's largest subscription streaming entertainment company, offering a vast library of TV series, films, documentaries, games, and original programming across over 190 countries. Headquartered in Los Gatos, California, Netflix delivers content across virtually every genre and language, with members able to watch on-demand across TVs, smartphones, tablets, and computers.
Netflix has gone from market darling to notable laggard over the past year, with investors growing increasingly cautious despite the company's leadership in streaming. NFLX stock has decreased 37.5% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 21.5%. The weakness has persisted in 2026, with the stock down 21.4% year to date while the benchmark has advanced 12.6%.
