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-9.98837716111252E-05 0.000562890454743701 -0.000472177829434823 -0.00108056080197573 -0.00128032834519818 -0.00202419003341565 0.000227008571843673 0.000227008571843673
Stock impact report

Netflix (NFLX) Won't Have a Very Hard Time Getting to $1 Trillion Market Cap, Former Media Executive Says [Yahoo! Finance]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: Yahoo! Finance
The company's current market capitalization is $465 billion. Netflix's Path to a $1 Trillion Market Cap To reach its goal, Netflix will need to add 100 million more subscribers between the end of Q1 and 2030. That equates to 20 million net new subscribers per year, and the company added nearly 20 million net new subscribers in just Q4 of last year, Rogers noted. Its ad business "will have to take off," but that should not be a problem, as 45%-50% of its new subscribers are opting to receive ads, the former media executive said. Also importantly, the ad revenue carries very high margins, Rogers noted. All in all, the company's profits will probably triple between 2024 and 2030. And with the stock market, based on historical patterns, likely to rise 70% between now and 2030, NFLX should not have much trouble rising 100% from its recent highs. such a gain, in turn, would propel the firm's market cap to $1 trillion, Rogers stated. While we acknowledge the potential of NFLX, o Show less Read more
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