Netflix Aims to Soar to a Trillion-Dollar Stock: Is It a Smart Buy With $2,000 Right Now?
Netflix (NASDAQ: NFLX) just reported financial results for the first quarter of 2025 (ended March 31). Its revenue jumped 12.5% year over year to $10.5 billion, while diluted earnings per share surged 25.2%. Both of these headline figures exceeded Wall Street expectations, highlighting the global entertainment powerhouse's continued momentum. Shares immediately popped 5% following the announcement.However, there was a more striking bit of news that preceded the latest financial update. The Wall Street Journal reported earlier in the week that management set an explicit target for Netflix to reach a $1 trillion market cap by 2030. Compared to the current market cap of $416 billion (as of April 18), this represents meaningful upside of 140%.Knowing that the leadership team has its sights on a big prize, should investors scoop up the top streaming stock right now with $2,000?Continue reading
Netflix (NASDAQ: NFLX) just reported financial results for the first quarter of 2025 (ended March 31). Its revenue jumped 12.5% year over year to $10.5 billion, while diluted earnings per share surged 25.2%. Both of these headline figures exceeded Wall Street expectations, highlighting the global entertainment powerhouse's continued momentum. Shares immediately popped 5% following the announcement.
However, there was a more striking bit of news that preceded the latest financial update. The Wall Street Journal reported earlier in the week that management set an explicit target for Netflix to reach a $1 trillion market cap by 2030. Compared to the current market cap of $416 billion (as of April 18), this represents meaningful upside of 140%.
Knowing that the leadership team has its sights on a big prize, should investors scoop up the top streaming stock right now with $2,000?