Prediction: This Will Be the First Entertainment Stock to Reach a $1 Trillion Valuation (Hint: It's Not Disney)
The No. 1 name in streaming has its sights set on joining the coveted trillion-dollar club. Breaking down the math behind the trillion-dollar valuation While the plans to scale Netflix make sense on a fundamental level, what do the financial figures look like behind the company's five-year forecast? Per the company's five-year plan, Netflix's revenue is forecast to reach about $80 billion with operating income of about $30 billion by 2030. To put this into context, this assumes the company doubles its reven ...