Netflix is on a profitable streak.
The streaming large’s inventory has traded for 11 straight days with out a decline, the corporate’s longest constructive run ever. It gained 2% Friday.
Netflix inventory since April 17.
Its earlier document 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-high 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, during which it revealed that income grew 13% throughout the first quarter of 2025 on higher-than-forecast subscription and promoting {dollars}.
Netflix has been one of many top-performing shares throughout 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 buyers 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 practically 10% since Trump took workplace, whereas Disney is down 13% throughout 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 general enterprise outlook,” the corporate mentioned in an announcement final month.
As traders fear in regards to the potential impact of tariffs on client spending and confidence, Netflix’s co-CEO Greg Peters mentioned on the corporate’s earnings name, “Primarily based 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 more durable financial occasions,” Peters mentioned. “Netflix, particularly, additionally, has been usually fairly resilient. We’ve not seen any main impacts throughout these more durable occasions, albeit over a a lot shorter historical past.”
JPMorgan mentioned Thursday that it sees extra upside for shares.
“NFLX has established itself because the clear chief in world streaming & is on the pathway to changing 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 commonplace 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 patrons. However it’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 development.
