Netflix stock has surged, upcoming financial report key test, focus on new growth avenues.

Netflix’s stock has surged 91% over the past year, driven by impressive revenue and profit growth. The company’s upcoming financial report will be a key test for investors. With a focus on new avenues for growth, Netflix is releasing the latest addition to its hit shows and expanding ad-supported tiers, driving revenue and subscriber growth. The company expects revenue of $11.04 billion and EPS of $7.03 in the second quarter. Analysts and management are bullish on Netflix’s future, with strong growth prospects and a goal to double revenue by 2030. Despite a high valuation, evidence suggests Netflix stock is a buy.

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