Weitz Investment Management, in its Q2 2026 investor letter for the Multi Cap Equity Fund, highlighted Netflix, Inc. (NASDAQ:NFLX) as a newly added position. The firm is optimistic that Netflix's introduction of an ad-supported tier is a savvy strategy to extend its growth runway, allowing it to participate in the global advertising market and broaden its customer base. The Multi Cap Equity Fund returned 7.90% in Q2, underperforming the Bloomberg U.S. 3000 Index's 15.71% gain. As of September 15, 2026, Netflix closed at $77.90 per share, with a market capitalization of $324.37 billion. Its shares lost 36.59% over the past 52 weeks.