Core Insights - Netflix has achieved a historic milestone with its stock price reaching nearly 1 trillion by the end of the decade, planning to double its annual revenues from 80 billion [6] Financial Performance - In Q1, Netflix reported earnings per share of 5.69, while revenues rose 13% year over year to 10.55 billion [3] - For the ongoing quarter, Netflix expects revenues to grow 15% year over year to 7.03, both above previous consensus estimates [4] Growth Strategy - Netflix's growth strategy includes expanding its content library, developing live programming, enhancing its gaming division, and building its advertising business [7] - The company plans to increase its subscriber base from over 300 million to approximately 410 million by 2030, focusing on international markets like India and Brazil [7] Advertising Revenue - Netflix launched its in-house ad tech platform on April 1, with expectations for advertising revenue growth to double by 2025 [5] - The company forecasts global advertising revenues to reach 1,200, while other firms like Piper Sandler and Goldman Sachs also lifted their targets [10][11] - Even cautious analysts like Barclays have raised their target price to $1,000, indicating Netflix's status as a "defensive long" investment in the current economic climate [12] Investment Opportunities - Investors are encouraged to consider ETFs with significant allocations to Netflix, such as First Trust Dow Jones Internet Index Fund (FDN), FT Vest Dow Jones Internet & Target Income ETF (FDND), and others [2][13]
Netflix Soars to All-Time High: 5 ETFs to Ride the Surge