• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Editor's Pick Netflix stock is trading at all-time high levels in unprecedented win streak
Editor's Pick

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

by May 3, 2025
by May 3, 2025 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

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
You Might Also Like
  • FAA lifts temporary groundstop of Alaska Airlines flights after technical issue is resolved
  • John Deere to abandon pride festival sponsorships following online right-wing pressure campaign
  • Sam Bankman-Fried to learn fate today for orchestrating historic FTX crypto fraud scheme
  • Walgreens to close 1,200 stores over the next three years
Share
0
FacebookTwitterPinterestWhatsapp

previous post
Week Ahead: While NIFTY Continues To Consolidate, Watching These Levels Crucial
next post
Two Down and Two to Go – Capitulation and Thrust are just a Start

You may also like

Weeks into the Covid booster rollout, parents of young children...

October 4, 2023

The Things Industries Reaches 1 Million Connected Devices to Their...

February 8, 2023

Weekly mortgage demand drops to three-month low as rates begin...

May 30, 2024

Citibank customers report fraud alerts and account access issues

January 16, 2025

Delta CEO says carrier went ‘too far’ in SkyMiles changes,...

October 1, 2023

Inflation is finally slowing down, but consumers are still feeling...

June 16, 2023

The installed base of fleet management systems in Europe will...

December 16, 2022

Stellantis CEO says $25,000 Jeep EV coming to the U.S....

May 30, 2024

UAW workers overwhelmingly vote to authorize strikes at GM, Ford,...

August 26, 2023

Women’s college basketball final expected to set new viewership records...

April 6, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


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

    Recent Posts

    • 3 Stocks to Watch While Everyone’s Staring at NVIDIA

      May 24, 2025
    • Automate Your Scans with Ease! Sample Scan Library + Scheduled Scans Walkthrough

      May 23, 2025
    • My Durable Advantage as an Investor is My Experience: Here are Seven Examples

      May 23, 2025
    • What Happens When the S&P 500 Breaks Below Gap Support?

      May 23, 2025
    • FTC drops Biden-era suit accusing Pepsi of price discrimination

      May 23, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,732 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,436 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,419 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,395 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,275 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,094)
    • Investing (538)
    • Stock (2,568)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • 3 Stocks to Watch While Everyone’s Staring at NVIDIA

      May 24, 2025
    • Automate Your Scans with Ease! Sample Scan Library + Scheduled...

      May 23, 2025
    • My Durable Advantage as an Investor is My Experience: Here...

      May 23, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,094)
    • Investing (538)
    • Stock (2,568)

    Disclaimer: RoundTableThoughts.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 © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Target will stop accepting personal checks

    July 8, 2024

    AI drive-thru ordering is on the...

    July 4, 2024

    Home Depot earnings beat Wall Street...

    February 26, 2025
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here