Netflix is on a winning streak.<\/p>\n
The streaming giant\u2019s stock has traded for 11 straight days without a decline, the company\u2019s longest positive run ever.<\/p>\n
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.<\/p>\n
The stock is also trading at all-time high levels since it went public in May 2002.<\/p>\n
This new streak comes on the heels of Netflix\u2019s 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.<\/p>\n
Netflix has been one of the top performing stocks during the first 100 days of President Donald Trump\u2019s second term, with shares up more than 30% since mid-January. The company has been largely unaffected by Trump\u2019s tariffs and trade war with China and is a service that consumers are unlikely to cut during a recession.<\/p>\n
Meanwhile, traditional media stocks have been slammed by a tumultuous market prompted by Trump\u2019s trade policy. Warner Bros. Discovery has lost nearly 10% since Trump took office, while Disney is down 13% in that same period.<\/p>\n
Netflix continues to forecast full-year revenue of between $43.5 billion and $44.5 billion.<\/p>\n
\u201cThere\u2019s been no material change to our overall business outlook,\u201d the company said in a statement last month.<\/p>\n
As investors worry about the potential impact of tariffs on consumer spending and confidence, Netflix\u2019s co-CEO Greg Peters said on the company\u2019s earnings call, \u201cBased on what we are seeing by actually operating the business right now, there\u2019s nothing really significant to note.\u201d<\/p>\n
\u201cWe also take some comfort that entertainment historically has been pretty resilient in tougher economic times,\u201d Peters said. \u201cNetflix, specifically, also, has been generally quite resilient. We haven\u2019t seen any major impacts during those tougher times, albeit over a much shorter history.\u201d<\/p>\n
JPMorgan said Thursday that it sees more upside for shares.<\/p>\n
\u201cNFLX 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,\u201d analysts wrote.<\/p>\n
While Netflix has hiked its subscription prices \u2014 its standard plan now costs $17.99, its ad-supported plan is $7.99 and premium is $24.99 \u2014 it appears to have retained its value proposition for customers. But it\u2019s 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.<\/p>\n<\/p>\n
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Netflix is on a winning streak. The streaming giant\u2019s stock has traded for 11 straight days without a decline, the company\u2019s 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…<\/p>\n","protected":false},"author":1,"featured_media":485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-484","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/comments?post=484"}],"version-history":[{"count":0,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media\/485"}],"wp:attachment":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media?parent=484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/categories?post=484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/tags?post=484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}