Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Business

Netflix stock is trading at all-time high levels in unprecedented win streak

by admin May 3, 2025
May 3, 2025
Netflix stock is trading at all-time high levels in unprecedented win streak

Netflix is on a winning streak.

The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever.

Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four days, was unchanged for a day and then traded positively for another four days.

The stock is also trading at all-time high levels since it went public in May 2002.

This new streak comes on the heels of Netflix’s most recent earnings report on April 17, in which it revealed that revenue grew 13% during the first quarter of 2025 on higher-than-forecast subscription and advertising dollars.

Netflix has been one of the top performing stocks during the first 100 days of President Donald Trump’s second term, with shares up more than 30% since mid-January. The company has been largely unaffected by Trump’s tariffs and trade war with China and is a service that consumers are unlikely to cut during a recession.

Meanwhile, traditional media stocks have been slammed by a tumultuous market prompted by Trump’s trade policy. Warner Bros. Discovery has lost nearly 10% since Trump took office, while Disney is down 13% in that same period.

Netflix continues to forecast full-year revenue of between $43.5 billion and $44.5 billion.

“There’s been no material change to our overall business outlook,” the company said in a statement last month.

As investors worry about the potential impact of tariffs on consumer spending and confidence, Netflix’s co-CEO Greg Peters said on the company’s earnings call, “Based on what we are seeing by actually operating the business right now, there’s nothing really significant to note.”

“We also take some comfort that entertainment historically has been pretty resilient in tougher economic times,” Peters said. “Netflix, specifically, also, has been generally quite resilient. We haven’t seen any major impacts during those tougher times, albeit over a much shorter history.”

JPMorgan said Thursday that it sees more upside for shares.

“NFLX has established itself as the clear leader in global streaming & is on the pathway to becoming global TV…Advertising Upfronts in May should serve as a positive catalyst to shares,” analysts wrote.

While Netflix has hiked its subscription prices — its standard plan now costs $17.99, its ad-supported plan is $7.99 and premium is $24.99 — it appears to have retained its value proposition for customers. But it’s unclear if the subscriber base is growing or shrinking because the company recently stopped sharing details on its membership numbers, instead focusing on revenue growth.

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Master the 18/40 MA Strategy: Spot Trend, Momentum & Entry
next post
Top 5 Canadian Mining Stocks This Week: Lion Rock Jumps 60 Percent

Related Posts

Boeing and Alaska Airlines point fingers at each...

March 15, 2024

Tesla shares fall after deliveries drop 8.5% from...

April 3, 2024

Trader Joe’s-branded cashews sold in 16 states recalled...

March 19, 2024

’60 Minutes’ producer leaves show, citing a loss...

April 23, 2025

Trump commutes sentence of Ozy Media founder Carlos...

March 30, 2025

New inflation data to reveal consumer strength amid...

October 12, 2023

Prodded everywhere to tip, Americans often say no

November 18, 2023

Chipotle to expand to Mexico amid Trump trade...

April 22, 2025

MGM Resorts reaches labor deal with Las Vegas...

November 10, 2023

What to expect as the Fed prepares its...

December 13, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

    • Blue Lagoon’s Dome Mountain Joins BC’s Select List of Permitted Projects

    • Harmony Gold to Acquire MAC Copper in US$1.03 Billion Deal

    • NorthStar Gaming Announces Results of Annual Meeting and Grant of Equity Incentive Awards

    • Allied Critical Metals Commences 5,000 Metre Drill Program at its Borralha Tungsten Project

    • SOURCE ROCK ROYALTIES ANNOUNCES FIRST QUARTER 2025 RESULTS

    Categories

    • Business (1,223)
    • Investing (2,509)
    • Politics (3,699)
    • Stocks (1,617)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved