Netflix's Q1 Earnings Preview: A Look Ahead

Netflix Inc. is set to unveil its first-quarter earnings this Thursday, with analysts forecasting a 12% year-over-year revenue increase to $10.5 billion and earnings per share of $5.73. The streaming behemoth has set its sights on an 11% revenue growth for the quarter, with ambitious full-year targets ranging between 12% and 14%, eyeing a monumental $1 trillion market cap and doubling its revenue by 2030.

Subscriber Growth and Strategic Moves

Ending 2024 on a high note, Netflix added a staggering 40 million paid subscribers, including 18.9 million in the last quarter alone, pushing its total to 301.6 million. This surge is attributed to its crackdown on password-sharing and the growing popularity of its ad-supported tier. January saw another price adjustment in the U.S., with the standard HD and Premium plans now costing $17.99 and $24.99 per month, respectively.

Original Content Continues to Shine

Netflix's original series "Adolescence" has quickly climbed the ranks to become the third most-watched English-language series, amassing 124.2 million views since its March 13 release. Fans of "Black Mirror" were treated to its Season 7 premiere on April 10, while "The Gentlemen" is confirmed for another eight-episode season under Guy Ritchie's direction.