Mark Cuban Stock Portfolio: Top 10 Stock Picks

5. Netflix, Inc. (NASDAQ:NFLX)

Number of Hedge Fund Holders as of Q4: 144

Netflix, Inc. (NASDAQ:NFLX) is a global streaming platform offering a vast selection of movies, TV series, and original content to millions of subscribers worldwide. The company recently reached record highs following a strong fourth-quarter earnings report, exceeding expectations for subscriber growth, revenue, and earnings. In Q4 2024, the company reported earnings of $4.27 per share, reflecting a 102% year-over-year increase, with revenue rising 16% to $10.25 billion. It added 18.91 million subscribers during the quarter, surpassing Wall Street projections and bringing its total subscriber base to 301.63 million. Looking ahead to 2025, Netflix anticipates 13% revenue growth, reaching $44 billion. However, it plans to stop reporting quarterly subscriber numbers, shifting the focus toward revenue and operating margins. The stock has remained strong, breaking out of a flat base in January and receiving multiple price target upgrades from analysts.

Following its impressive Q4 earnings, the company’s stock price surged 18% as analysts expressed optimism about its 2025 growth outlook, a strong content lineup, and its continued leadership in the streaming industry. Netflix, Inc. (NASDAQ:NFLX) expects revenue expansion to be driven by increased user engagement, organic subscriber growth, and higher average revenue per subscriber due to recent price hikes. JPMorgan reaffirmed its Overweight rating on the stock, setting a price target of $1,150, reflecting confidence in Netflix’s ability to sustain its momentum.

Mark Cuban has publicly discussed owning Netflix, Inc. (NASDAQ:NFLX) stock, naming it as one of his largest holdings alongside Amazon during a 2019 interview. He has expressed admiration for both companies, particularly for their artificial intelligence capabilities. In 2021, Cuban predicted that Netflix and Amazon would outperform the broader market over the next decade, reinforcing his belief in their long-term potential.

Polen Capital stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q4 2024 investor letter:

“The top absolute contributors were Amazon, Shopify, and Netflix, Inc. (NASDAQ:NFLX). Beyond these top relative contributors, it’s worth noting Netflix as a top absolute contributor as the company continues to extend its lead over its streaming competitors as evidenced—among other things—by 10% YoY subscriber growth in North America, its most mature market. Customers are clearly finding significant value in Netflix’s content offering, and that—along with opportunities to scale the advertising-based video-on-demand segment—should drive healthy double-digit earnings growth for the foreseeable future.”