Netflix has potential to reach $1 trillion market cap by 2035 with strong financials.

From Nasdaq: 2024-06-14 07:30:00

$1 trillion is a significant figure, taking over 30,000 years to count to. Several companies are already in the $1 trillion club, with 6 American companies exceeding this value. 25 others fall under megacap stocks, including Netflix, poised to reach $1 trillion by 2035 with a projected CAGR of 13%.

Netflix’s market cap is $280 billion, with potential to quadruple to $1 trillion. Financially strong, with revenue up 15% and earnings up 79% year over year. However, its P/E ratio is high at 45x, making valuation a concern. Nevertheless, it remains an option for long-term investors.

Consider investing in Netflix, although it’s not among the 10 best stocks recently identified by the Motley Fool team. The Stock Advisor service has consistently outperformed the S&P 500 since 2002. Past returns include Nvidia’s significant increase from 2005 to now, offering a blueprint for success.



Read more at Nasdaq: Will Netflix Reach a Trillion-Dollar Market Cap by 2035?