Netflix's Q1 Earnings Preview

Netflix Inc. is set to unveil its first-quarter earnings this Thursday, with analysts forecasting an 11% year-over-year revenue increase to $10.5 billion and earnings per share of $5.73. The streaming behemoth has set ambitious goals, including reaching a $1 trillion market capitalization and doubling its revenue by 2030.

Subscriber Growth and Strategic Moves

Ending 2024 on a high note, Netflix added over 40 million paid subscribers, thanks to its crackdown on password-sharing and the success of its ad-supported tier. Price adjustments in the U.S. have also been implemented, with the standard HD plan now at $17.99 and the Premium plan at $24.99 per month.

Original Content Success

Original series like "Adolescence," "Wednesday," and "Stranger Things 4" continue to dominate, with "Adolescence" amassing 124.2 million views. The return of "Black Mirror" for Season 7 and the renewal of "The Gentlemen" for another season highlight Netflix's commitment to diverse and engaging content.