Analysts are bullish on Netflix's first-quarter results after company sets lofty 2030 goals

Wall Street is largely sticking by Netflix and its lofty growth ambitions ahead of the company's first-quarter earnings. The streaming giant is kicking off a vital earnings season for megacap tech stocks, which have come under pressure as tariff uncertainties test markets. Netflix stands apart, however, as its shares have jumped 7.9% this year while the broader market has tumbled roughly 10.3%. The stock is up more than 55% over the past 12 months. The company is set to report its financial results after market close Thursday. Several analysts view Netflix as a largely recession-proof stock given its strong competitive moat and its subscription-based service, which is not directly affected by U.S. tariffs or levies from other countries. Netflix aims to reach a $1 trillion market capitalization and double its revenue by 2030, according to The Wall Street Journal earlier this week — and that has added to analysts' optimism on the stock. Shares are up 4.7% this week alone. Major Wall Street firms think Netflix's long-term outlook i...
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