During the quarterly conference call between Netflix executives and financial analysts, co-CEOs Ted Sarandos and Greg Peters played down reports suggesting that Netflix aimed to achieve a market capitalization of $1 trillion by 2030. They instead worked to adjust Wall Street’s forecasts.
During a post-market discussion with analysts, Sarandos mentioned that our team frequently holds internal discussions about our long-term objectives, a topic that has been in focus following the April 14th Wall Street Journal article titled “Netflix Aims to Join the $1 Trillion Club.” This piece was published just before Netflix’s first quarter earnings of 2025.
He emphasized that what we’re discussing here isn’t the same thing as a forecast. Instead, our internal plans align with the guidance we’ve given publicly regarding our future performance,” Sarandos explained in response to an analyst’s question. This statement came after Netflix released its first quarterly earnings report, which hinted at revenue and operating income without revealing subscriber numbers, allowing the streaming giant to shape perceptions about its growth potential.
The article in the Journal implies that Netflix executives remain hopeful about their future expansion, even amidst economic instability caused by President Trump’s tariff troubles and policy uncertainties. Regarding a five-year forecast or guidance, Sarandos stated they don’t provide one, but emphasized their long-term strategy, working diligently each day to create the most appreciated and valued entertainment company for all stakeholders.
Co-CEO Greg Peters refused to let a media leak dampen his optimistic outlook regarding Netflix’s future expansion. “We harbor substantial, long-term ambitions,” Peters asserted, “and these aspirations are deeply rooted in the growth potential we see within our industry.
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2025-04-18 00:55