Netflix Stands Out with Gains Amidst Big Tech Decline

As the tech industry grapples with a wave of declines, Netflix Inc NFLX emerges as a rare success story. While many in the Enormous Eight struggle in a broad market correction, Netflix has recorded consistent gains across all major timeframes—up 1.22% over the past month, 8.45% year-to-date, and a substantial 56.70% over the last year.

This achievement stands in stark contrast to its notable peers. For instance, Tesla Inc TSLA has plummeted more than 36% year-to-date, Apple Inc AAPL is down over 20%, and Alphabet Inc GOOGL and GOOG have decreased more than 19%. Even Nvidia Corp NVDA, widely regarded as the market’s AI leader, is down about 25% in the same period. In contrast, Netflix continues to rise.

Read also: Netflix’s $1 Trillion Goal ‘Very Realistic’, Says Former Cable Executive: ‘It’s Not That Hard To Get There’

The Enormous Eight Struggle Under Market Pressure

The Enormous Eight—comprising Apple, Microsoft Corp MSFT, Alphabet, Amazon.com Inc AMZN, Meta Platforms Inc META, Nvidia, Tesla, and Netflix—have been integral to the S&P 500’s performance over the years. However, in 2025, they have faced significant challenges. All but Netflix have shown losses across the board, impacted by valuation corrections, diminishing demand, and, in many cases, disappointing earnings.

Chart created using Benzinga Pro

Technical Indicators Show Strong Momentum for Netflix

Netflix’s technical chart supports the notion of its bullish strength. The stock consistently exceeds its eight, 20, 50, and 200-day simple moving averages, which indicates a positive trend. Additionally, oscillators reflect bullish signals, with the MACD (moving average convergence/divergence) at 0.12 and the RSI (relative strength index) at 54.39. Both indicators suggest that the stock is neither overbought nor oversold, reinforcing the overall strong bullish trend.

For perspective, the S&P 500 is down 10% year-to-date and has dropped more than 7% this month. That makes Netflix’s ability to show gains in such a challenging environment even more significant.

While it remains to be seen whether this upward trend will persist, Netflix has redefined its position—from a participant in the streaming wars to a standout in the stock market.

Read Next:

Photo: Shutterstock