Netflix In a winning streak.
Stocks of the streaming giant have not declined for 11 consecutive days, the company's longest active run ever.
Netflix stocks have started since April 17.
Its previous record was a nine-day extension at the end of 2018 and early 2019, when the stock traded for four days without a change and then actively traded for four more days.
Since its listing in May 2002, the stock has also traded at an all-time high.
The new streak came in Netflix’s latest latest earnings report on April 17, which showed revenues rose 13% in the first quarter of 2025, while revenue exceeded expected subscription and advertising revenue.
Netflix has been one of the outstanding stocks for the first 100 days of Donald Trump's second term, up more than 30% since mid-January. The company is largely immune to Trump's tariffs and trade war with China, a service that consumers are unlikely to cut during the recession.
Meanwhile, traditional media stocks have been criticized by turbulent markets facilitated by Trump’s trade policies. Warner Bros. Discover Has lost nearly 10% since Trump took office Disney It fell by 13% during the same period.
Netflix continues to forecast full-year revenues between $43.5 billion and $44.5 billion.
“There is no significant change in our overall business outlook,” the company said in a statement last month.
When investors were concerned about the potential impact of tariffs on consumer spending and confidence, Netflix’s co-CEO Greg Peters said on the company’s revenue call, “Based on what we’re actually seeing running our business now, there’s nothing really important to note.”
"We are also comforted that entertainment has been quite resilient in history during tough economic times," Peters said. "In particular, Netflix is often resilient too. During tough times, we have not seen any significant impact, despite the long history."
Morgan It saw room for stocks to rise, said Thursday.
"NFLX has become a clear leader in global streaming and is becoming a pathway for global television ... the expected advertising in May should be a positive catalyst for sharing," analysts wrote.
While Netflix has raised its subscription price – now priced at $17.99 for its standard plan, its ad-supported plan is $7.99, while Premium is $24.99 – it seems to retain its value proposition to its customers. But it is not clear whether the subscriber base is growing or shrinking, as the company recently stopped sharing details of its membership and instead focused on revenue growth.