Netflix Stock Soars 30% in Trump's Second Term, Hits All-Time High

Netflix, the streaming giant, has been on a winning streak, with its stock price rising for 11 consecutive days, marking the longest continuous rise in the company's history. The stock price increased by 2% on Friday and is currently at an all-time high since its listing in May 2002.

This new winning streak follows the release of Netflix's latest financial report on April 17, which showed that the company's revenue grew by 13% in the first quarter of 2025. This growth was driven by higher-than-expected subscription and advertising revenue.

During the first 100 days of President Trump's second term, Netflix has been one of the best-performing stocks. Since early January, its stock price has risen by more than 30%. The company has largely been unaffected by the trade conflicts sparked by Trump and is less likely to see consumers reduce their use of its services during an economic downturn.

In contrast, traditional media stocks have struggled due to market volatility caused by Trump's trade policies. Since Trump took office, Warner Bros. Discovery's stock price has fallen by nearly 10%, while Disney's stock price has declined by 13% over the same period.

Netflix continues to project its full-year revenue to be between $43.5 billion and $44.5 billion. During the company's earnings call, co-CEO Greg Peters addressed investor concerns about the potential impact of tariffs on consumer spending and confidence, stating, "Based on what we are seeing in our actual operating business right now, there is nothing particularly noteworthy to point out."

Peters also noted that historically, the entertainment industry has shown strong resilience during economic hardships, which provides reassurance. He added, "Netflix, in particular, has shown overall resilience. Although our history is relatively short, we have not seen any significant impact during those difficult periods."

On Thursday, Morgan Stanley expressed optimism about Netflix's stock price, stating that the company has established a clear leadership position in the global streaming market and is on its way to becoming a global television powerhouse. The analysts wrote, "May's advertising sales should be a positive catalyst for its stock price."