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Buy and Hold Netflix to Enhance Your Portfolio Amid Ongoing Volatility

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Global streaming giant Netflix Inc. (NFLX - Free Report) has become a new icon for defensive picks by investors amid the Trump administration’s tariff-led severe volatility on Wall Street. In the recently reported first-quarter 2025 results, NFLX handsomely beat the Zacks Consensus Estimate for bottom line while the top line was mostly in line with the consensus mark. 

Despite trade and tariff-related doldrums, NFLX seems to have maintained healthy engagement levels staying ahead of its closest rival The Walt Disney Co. (DIS - Free Report) . What is more, the company reaffirmed its 2025 guidance irrespective of the possibility of a near-term recession.

Netflix currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. At this stage, it will be prudent to buy this stock and hold for the long term as the company’s strong execution of the last few quarters and robust future projections will generate more value. Consequently, the stock price should witness an attractive upside. 

The chart below shows the price performance of NFLX year to date.

Zacks Investment Research
Image Source: Zacks Investment Research

Excellent Estimate Revisions for Netflix

We have seen positive revenues and earnings estimate revisions for Netflix by market participants after the release of first-quarter 2025 financial numbers. 
For second-quarter 2025, the Zacks Consensus Estimate currently shows revenues of $11.05 billion, suggesting an improvement of 15.6% year over year and earnings per share of $6.96, indicating an increase of 42.6% year over year. The company pulled off positive earnings surprises in the last four reported quarters delivering an average beat of 6.9%.   

Moreover, NFLX has witnessed positive earnings estimate revisions (+3.1%) for 2025 in the last seven days. At present, the Zacks Consensus Estimate indicates a year-over-year increase of 13.9% and 27.3%, respectively, for revenues and EPS in 2025. The current Zacks Consensus Estimate for 2026 revenues and EPS reflects an upside of 11.6% and 20.3%, respectively.

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Image Source: Zacks Investment Research

Visibility Remains High

The primary reason for positive revenue and earnings estimates revisions by brokerage firms is the strong visibility of NFLX’s business. On April 1, Netflix launched its Ad Suite in the United States. The company will ramp up this Ad Suite in international markets in the ensuing second quarter. The ad-supported offerings will enable management to witness impressive subscribers and ARPU (average revenue per user) growth. 

Buoyed by its scalable ad business, NFLX is expected to leverage its own proprietary ad system, doling away with Microsoft Corp. (MSFT - Free Report) as its ad-tech partner. The company’s policies of offering ad-supported lower-prices tier, abolishing password sharing and effective price increase, should help it to become a defensive play ahead of a possible economic downturn. 

Furthermore, Netflix uses artificial intelligence (AI), data science and machine language (ML) extensively to provide consumers with more appropriate and intuitive suggestions. Netflix's AI platform takes into account an individual’s viewing habits and hobbies and accordingly provides recommendations. 

NFLX’s AI model compiles subscriber information and recommends content based on their preferences, which can be customized by end users. AI applications enable NFLX to offer high-quality streaming service at reduced bandwidths.  

Attractive Valuation of NFLX Shares

On Feb 14, the stock price touched its all-time high of $1,064.5. Thereafter, it fell to $821.1 on April 7, due to the tariff-related mayhem on Wall Street. Despite facing severe volatility, shares of Netflix are up 17.8% year to date, while the broad-market index — the S&P 500 Index — is down 8.4%.

Netflix has a long-term (3-5 years) growth rate of 20.4%, well above the growth rate of 12.6% of Wall Street’s benchmark — the S&P 500 Index. The company has a return on equity (ROE) of 39.6% compared with the S&P 500’s ROE of 17% and the industry’s ROE of 6.2%. NFLX has a current net margin of 23.07% compared with the S&P 500’s net margin of 12.7%.

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