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Added to YB: 2026-08-18

Pitch date: 2026-08-14

NFLX [neutral]

Netflix, Inc.

-2.29%

current return

Author Info

No bio for this author

Company Info

Netflix, Inc. provides entertainment services worldwide. The company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages.

Market Cap

$325.5B

Pitch Price

$77.80

Price Target

N/A

Dividend

N/A

EV/EBITDA

21.54

P/E

24.62

EV/Sales

6.88

Sector

Entertainment

Category

value

Show full summary:
When Bill Ackman Buys a Rigatoni Capital Stock: Netflix

NFLX (holding update): Ackman/Pershing Square disclosed NFLX stake (Q2 2026 letter), validating author's existing position. Down ~50% from June 2025 high on WBD bid & soft Nielsen watch data. 325M+ subs, margins 21%→31.5%, ~90% FCF conversion, ads ramping to ~$3B. De-rated 40x→21x fwd. $25B buyback. Reservation: content quality slipping.

Read full article (6 min)