Netflix shares currently trade at record highs, marking an unprecedented winning streak.
Streaming Triumph: Netflix Rides the Wave
Netflix is on a roll. The streaming powerhouse has clocked an impressive 11-day winning streak, surpassing its own record. Previously, Netflix's stock had traded up for four days, remained unchanged for a day, and then continued positive trading for another four days, marking a nine-day run back in late 2018 and early 2019.
This latest success story follows Netflix's most recent earnings report in mid-April 2025. In this report, Netflix announced a whopping 13% revenue growth during the first quarter, thanks to increased subscription and advertising revenue.
Netflix has been a top performer during the initial 100 days of President Trump's second term, with shares up by more than 30% since mid-January. The company appears to be largely immune to Trump's tariffs and trade war with China, and it's unlikely to be affected by a recession, given that it offers a service consumers are less likely to cut during tough times.
In contrast, traditional media stocks have been hit hard in the tumultuous market caused by Trump's trade policy. Warner Bros. Discovery has lost nearly 10% since Trump took office, while Disney has plummeted by 13% in the same period.
Looking ahead, Netflix continues to forecast a full-year revenue between $43.5 billion and $44.5 billion. Despite investor concerns about the impact of tariffs on consumer spending and confidence, Netflix's co-CEO Greg Peters suggested during the earnings call that there's no significant negative impact in sight.
"We haven't seen any major impacts during those tougher times, albeit over a much shorter history," Peters said, adding that entertainment, and Netflix in particular, tends to be resilient during economic downturns.
JPMorgan analysts see more potential for gains in Netflix's shares, citing its strong position as the clear leader in global streaming and its upcoming Advertising Upfronts in May as positive catalysts.
However, while Netflix has increased its subscription prices, the company is no longer sharing details about its membership numbers. Instead, it now focuses on revenue growth. It remains to be seen whether the subscriber base is growing or shrinking.
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Enrichment Data:
Netflix's full-year 2025 revenue is projected to reach $43.5 billion to $44.5 billion, representing a potential 12% year-over-year growth (midpoint of 11%-13% guidance). Analysts expect adjusted EPS of $24.58 for 2025, reflecting a 24% year-over-year growth. The company's strategic advantage in its ad-supported tier rollout is driving the anticipated growth in advertising revenue, with the revenue nearly doubling compared to previous years[1][2][5]. The company's market cap of over $400 billion underscores its dominant position in the streaming market[1].
Comparatively, historical patterns suggest that streaming services tend to outperform legacy media during industry shifts, but concrete evidence for Q1 2025 comparisons is unavailable here[1][5]. The provided data does not address the performance of traditional media stocks compared to Netflix or the impact of the political administration on the media industry.
- With a significant 11-day winning streak, Netflix, the streaming giant, surpassed its own past record set in late 2018 and early 2019.
- In its latest earnings report, Netflix announced a net revenue growth of 13% during the first quarter of 2025, boosted by increased subscription and advertising revenue.
- During President Trump's second term, Netflix has shown resilience, with shares up by more than 30% since mid-January, while traditional media stocks like Warner Bros. Discovery and Disney have suffered losses.
- Netflix's co-CEO, Greg Peters, has expressed optimism about the company's future despite investor concerns about tariffs on consumer spending and confidence.
- JPMorgan analysts anticipate more gains in Netflix's shares, citing its strong position as the leader in global streaming and its upcoming Advertising Upfronts in May.
- Despite increasing subscription prices, Netflix remains secretive about its membership numbers, focusing instead on revenue growth.
- Net revenue for Netflix's full year 2025 is projected to reach $43.5 billion to $44.5 billion, representing a potential 12% year-over-year growth, and the company's market cap of over $400 billion underlines its dominant position in the streaming market.
