Stock-Split Follow-up: How Nvidia, Alphabet, Amazon, Netflix, and Tesla Have Performed Since Their Historic Splits

Core Insights - Stock splits do not change a company's overall value but can influence retail investors' perceptions, making stocks more appealing [2] Group 1: Tesla - Tesla executed a 3-for-1 stock split on August 25, 2022, with shares trading slightly under $300 post-split and currently around $400, reflecting a 37% increase and a compound annual growth rate (CAGR) of 9.3% since the split [4][6] - The S&P 500 generated a CAGR of 16.5% during the same period, raising questions about the potential for another stock split by Tesla [6] Group 2: Alphabet - Alphabet performed a 20-for-1 stock split on July 15, 2022, reducing share prices from over $2,250 to around $113 [7] - Since the split, Alphabet has outperformed the S&P 500 with a total return of 167% compared to the index's 84%, achieving a CAGR of 30.1% versus 18.2% for the S&P 500 [9] Group 3: Netflix - Netflix executed a 10-for-1 stock split on November 17, 2025, lowering share prices from over $1,000 to about $110 [10] - Post-split, Netflix shares have declined by 10%, but are up approximately 20% since losing a bidding war for Warner Bros. Discovery, indicating market sentiment towards the deal [13] Group 4: Amazon - Amazon conducted a 20-for-1 stock split on June 6, 2022, reducing share prices from about $2,500 to $125 [14] - Since the split, Amazon's stock has increased by 71%, closely mirroring the S&P 500's 73% rally during the same timeframe [14] Group 5: Nvidia - Nvidia executed a 10-for-1 stock split on June 10, 2024, with share prices dropping from about $1,200 to $120 [15] - Nvidia's stock has risen by approximately 46% since the split, outperforming the S&P 500's 29% increase, driven by the AI revolution [17]