Netflix Targets 410 Million Subscribers by 2030, Expects Revenue to Double
Netflix (NASDAQ: NFLX) has set its sights on a monumental goal of reaching a $1 trillion market capitalization by 2030, according to reporting by WSJ.
This ambitious plan includes doubling its revenue and tripling its operating income, with a significant focus on expanding its international footprint in countries like India and Brazil. The streaming giant is also banking on its ad-supported tier, which has seen increasing popularity in the U.S. since its launch in late 2022.
However, potential economic challenges in the U.S. could pose obstacles to these growth plans. As of mid-April 2025, Netflix’s market cap stands at approximately $420 billion, reflecting its current stock performance and investor sentiment.
Netflix Expects to Double its Revenue, and Triple Operating Income by 2030
Netflix is setting ambitious targets to significantly increase its market presence and financial performance by the end of the decade.
The company plans to double its revenue and aims to triple its operating income, driven by a strategic focus on expanding its subscriber base to 410 million. International markets, particularly those with high broadband penetration such as India and Brazil, are key targets for this growth.
Additionally, Netflix is enhancing its ad-supported tier, which has gained traction in the U.S., with 43% of new sign-ups in February 2025 opting for this model.
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NFLX Stock Brief
As of April 15, 2025, Netflix’s stock shows a positive trajectory, opening at $950 and reaching a current price of $983, with a day high of $991.48. The company’s market cap is approximately $420.49 billion, reflecting investor confidence in its growth strategy.
Despite potential economic headwinds in the U.S., analysts recommend buying Netflix stock, with a target high price of $1,494. Recent closing prices indicate a steady increase, with April 14 closing at $931.28. Key metrics such as a trailing PE ratio of 49.55 and a forward PE ratio of 41.34 suggest strong future earnings potential.
Disclaimer: The author does not hold or have a position in any securities discussed in the article. All stock prices were quoted at the time of writing.