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Spotify kept headcount flat for three years while stacking new revenue streams, making its operating leverage more compelling than Netflix's spend-to-scale strategy.
Down 26% over the past year at a $107B market cap, Spotify offers more asymmetric upside than Netflix's already $317B valuation.
Just released. Our analysts combed the entire stock market and named the ten best stocks to buy right now, and Netflix didn't make the cut. Enter your email to see the names that beat NFLX. The report is free. Enter your email and see if any of your stocks made the cut.
Spotify (NYSE:SPOT) and Netflix (NASDAQ:NFLX) just delivered Q2 2026 reports that frame streaming's next chapter.