Netflix plans to bring streaming into the $1 trillion club by 2030

Netflix wants to be a $1 trillion company. Earnings show why that’s a reasonable goal.

Analysts see Netflix generating growth even in a recession. Article Attribution | Read More at Article Source The post Netflix wants to be a $1 trillion company. Earnings show why that’s a reasonable goal. appeared first on RocketNews.

Netflix’s latest earnings and surprisingly stable outlook defy the souring economy and plummeting consumer confidence

Netflix’s stock rose more than 4% in aftermarket trading on Thursday after the entertainment giant’s first-quarter earnings results surpassed Wall Street expectations and the company reiterated its positive business forecasts despite historically low U.S. consumer confidence. In its earnings release on Thursday, the company said, “Our revenue and profit growth outlook remains solid, with no change to our 2025 guidance forecast for revenue.” Netf…

Netflix reports earnings after the bell. Using options to trade the streaming giant

Netflix has proven resilient during the ongoing global trade war thanks to its international integration, subscription-based model and economic resilience.

Netflix's Quiet Confidence: Behind the Curtain of Thursday's Earnings Spotlight @themotleyfool #stocks $NFLX $^GSPC $DIS $CMCSA

Media-streaming innovator Netflix (NASDAQ: NFLX) has been swimming against the broader market currents recently. Industry giants such as Walt Disney and Comcast are trading closer to their yearly lows than to 52-week highs. But Netflix is hovering just below a recently notched record price, posting robust gains in the last week, month, and year. The company is slated to report first-quarter results on Thursday evening. If I knew for sure what Ne…

Netflix's $1 Trillion Goal 'Very Realistic', Says Former Cable Executive: 'It's Not That Hard To Get There' - Netflix (NASDAQ:NFLX), Meta Platforms (NASDAQ:META)

Former President of NBC Cable (now NBCUniversal Media), Tom Rogers has been bullish on Netflix (NASDAQ: NFLX) for several years. He now believes that the company's 5-year plan to hit $1 trillion in market capitalization by 2030 is "very realistic," and not "that hard to get."

Next Level: Netflix Angles for Membership in $1 Trillion Club

Winning the streaming wars is not enough. Now, Netflix wants to be in the big leagues with names like Apple, Amazon, and Nvidia. With Hollywood conquered, Netflix has a new goal: reaching a $1 trillion market cap by 2030, according to a Wall Street Journal report. In other words: It wants to leave its streaming war co-combatants in the dust. Swimming Upstream Joining the trillion-dollar club by the turn of the decade is a lofty goal — it’d requi…