Netflix is on a profitable streak.
The streaming big’s inventory has traded for 11 straight days and not using a decline, the corporate’s longest constructive run ever.
Netflix inventory since April 17.
Its earlier file was a nine-day stretch in late 2018 and early 2019 when the inventory traded up for 4 days, was unchanged for a day after which traded positively for an additional 4 days.
The inventory can also be buying and selling at all-time excessive ranges because it went public in Could 2002.
This new streak comes on the heels of Netflix’s most up-to-date earnings report on April 17, wherein it revealed that income grew 13% through the first quarter of 2025 on higher-than-forecast subscription and promoting {dollars}.
Netflix has been one of many prime performing shares through the first 100 days of President Donald Trump’s second time period, with shares up greater than 30% since mid-January. The corporate has been largely unaffected by Trump’s tariffs and commerce battle with China and is a service that customers are unlikely to chop throughout a recession.
In the meantime, conventional media shares have been slammed by a tumultuous market prompted by Trump’s commerce coverage. Warner Bros. Discovery has misplaced almost 10% since Trump took workplace, whereas Disney is down 13% in that very same interval.
Netflix continues to forecast full-year income of between $43.5 billion and $44.5 billion.
“There’s been no materials change to our total enterprise outlook,” the corporate stated in a press release final month.
As buyers fear in regards to the potential influence of tariffs on client spending and confidence, Netflix’s co-CEO Greg Peters stated on the corporate’s earnings name, “Based mostly on what we’re seeing by really working the enterprise proper now, there’s nothing actually important to notice.”
“We additionally take some consolation that leisure traditionally has been fairly resilient in harder financial occasions,” Peters stated. “Netflix, particularly, additionally, has been typically fairly resilient. We have not seen any main impacts throughout these harder occasions, albeit over a a lot shorter historical past.”
JPMorgan stated Thursday that it sees extra upside for shares.
“NFLX has established itself because the clear chief in world streaming & is on the pathway to turning into world TV…Promoting Upfronts in Could ought to function a constructive catalyst to shares,” analysts wrote.
Whereas Netflix has hiked its subscription costs — its customary plan now prices $17.99, its ad-supported plan is $7.99 and premium is $24.99 — it seems to have retained its worth proposition for purchasers. But it surely’s unclear if the subscriber base is rising or shrinking as a result of the corporate lately stopped sharing particulars on its membership numbers, as an alternative specializing in income progress.
