Netflix has announced a bold goal to achieve a $1 trillion market capitalization by the year 2030. This ambitious target involves significant growth in both revenue and subscriber numbers, making it a noteworthy development in the streaming industry.
To reach this goal, Netflix plans to nearly double its annual revenue from $39 billion in 2024 to $80 billion by 2030. Moreover, the company aims to triple its operating income from $10 billion to $30 billion over the same period. An essential part of Netflix's strategy includes expanding its subscriber base from 301.6 million in 2024 to around 410 million by 2030, focusing particularly on international markets such as India and Brazil. In addition to these revenue and subscriber growth targets, Netflix looks to increase its global ad sales significantly—from approximately $2.12 billion in 2024 to $9 billion by 2030, according to analysis from sharesmagazine.co.uk.
For Netflix to reach its market cap goal of $1 trillion, the company needs to add $585 billion in valuation over the coming years, which translates to a compound annual growth rate of about 20%. This rate is notably higher than the historical average of the S&P 500's growth. Achieving this milestone would position Netflix among the elite ranking of trillion-dollar companies alongside tech giants like Apple and Microsoft.