Netflix We’ve been winning in a row.
The Streaming Giant stock has been trading for 11 days in a row without decline, the company’s longest positive run. It was up 2% on Friday.
Netflix stock since April 17th.
Previous records were nine days of stretching in late 2018 and early 2019. This was a four-day trading of stocks, and trading actively for another four days, as it remains unchanged for one day.
The stock price has been trading at the highest level ever since it was released in May 2002.
The new winning streak comes just after Netflix’s latest revenue report on April 17th, revealing revenues rose 13% in the first quarter of 2025, with higher than expected subscriptions and advertising dollars.
Netflix is ​​one of the best-performing stocks in the first 100 days of President Donald Trump’s second term, up over 30% since mid-January. The company has been barely affected by Trump’s tariffs and the trade war with China, and is a service that is unlikely to cut consumers during a recession.
Meanwhile, traditional media stocks have been criticized by tumultuous markets spurred by Trump’s trade policies. Warner Bros Discovery Since Trump took office, he has lost almost 10%. Disney It’s down 13% over that same period.
Netflix continues to forecast full-year revenues of between $43.5 billion and $44.5 billion.
“There were no significant changes to the overall business outlook,” the company said in a statement last month.
As investors worry about the potential impact of tariffs on consumer spending and trust, Netflix co-CEO Greg Peters said, “There’s nothing really important based on running your business right now.”
“We also feel comfortable that entertainment is fairly resilient in a historically tough economic situation,” Peters said. “Specifically, Netflix is ​​generally very resilient. It goes beyond a much shorter history, but hasn’t seen any major impact during these tough times.”
jpmorgan On Thursday, it said it saw more benefits over the stock.
“NFLX has established itself as a clear leader in global streaming and is on the path to becoming global television.
Netflix hikes subscription prices, but the standard plan is $17.99, the ad support plan is $7.99 and the premium is $24.99. However, it is unclear whether its subscriber base is growing or shrinking as the company recently stopped sharing membership number details and instead focuses on revenue growth.
