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 a global crackdown on password-sharing and the success of its ad-supported tier. The company also implemented price increases in the U.S., signaling confidence in its value proposition.

Original Content Continues to Shine

Netflix's original series like "Adolescence," "Wednesday," and "Stranger Things 4" continue to dominate viewership charts. With the return of "Black Mirror" for Season 7 and "The Gentlemen" for another season, Netflix is doubling down on content that resonates with global audiences.