Netflix shares surged to a record high of $1000 on Wednesday as the company posted a whopping beat of fourth-quarter estimates. The company’s blockbuster live event and the return of its trademark Squid Game series contributed to the surge.
Audience Grows
The streaming king remains on top of the world—Netflix pulled in a record 19 million paid users in the final three months of 2024, nearly double projections of 9.8 million. That is an over +3 standard deviations beat—quite impressive!
source: Netflix IR
The main culprit for this achievement was the seasonality effect.
The holiday season is usually strong, but this one was exceptionally strong thanks to the release of the 2nd season of Squid Game, which smashed records with 68 million streams in its first week.
The live boxing match between “Iron” Mike Tyson and Paul Logan was another big catalyst, attracting 65 million views.
Numbers breakdown
Revenue reached $10.3 billion in the final quarter of last year, also beating the consensus forecast of $10.1 billion.
The cost-cutting initiatives and the password-cracking effort also produced the desired effect, with Netflix earnings per share up $4.3, beating analyst estimates of $4.2.
The outlook is also bright! Netflix expects revenue for 2025 to be between $43.5 billion and $44.5 billion, mostly above Wall Street’s expectation of $43.65 billion.
Today, Netflix has over 300 million paying subscribers, which translates to a 20-year growth rate of nearly 27%!
source: Netflix IR
Now, the not-so-good news, at least for consumers but possibly great for existing shareholders, is that the streaming platform is raising prices in some countries like the US, Canada, and Portugal. The most popular plan in the US will rise by 16% to $17.99 a month.
The ad-supported tier will rise by 14% to $7.99 a month.
Shares Hit Record High
However, starting next year, Netflix will no longer report subscriber figures and will focus instead on other metrics like revenue growth and profit.
Netflix has been up over 100% over the last year, while Nasdaq clocked 24% for the same period.
source: Koyfin
This week, the company also jumped through the $400 billion market cap threshold, marking another milestone.
Investors can long Netflix using our 2x Netflix, 3x Netflix.
Alternatively, investors can short Netflix using our -1x Netflix.
Share this:
This is a financial promotion for the purposes of s21 of the UK Financial Services and Markets Act 2000 (“FSMA”) which has been approved by Leela Capital Regulatory Solutions Limited (“LCRS”), authorised by the Financial Conduct Authority (FCA) (FRN 845185) for communication by Leverage Shares Management Company Limited as at 1st June 2025. LCRS is incorporated in England and Wales, company number 10161396, registered office 82 St John Street, London, EC1M 4JN
Please refer to the ETP Prospectus and Key Investor Information Document (“KIID”) before making any investment decisions.
This information originates from Leverage Shares Management Company Limited, which has been appointed by Leverage Shares Public Limited Company as provider of administrative and arrangerservices (the “Arranger”). Leverage Shares Public Limited Company registered address is 2nd Floor, Block 5, Irish Life Centre, Abbey Street Lower, Dublin 1, D01 P767, Ireland and is Registered in Ireland under registration number 597399. Leverage Shares Management Company Limited registered address is 116 Mount Prospect Avenue, Clontarf, Dublin 3, Ireland and is Registered in Ireland under registration number 596207.
The information is intended only to provide general and preliminary information to investors and shall not be construed as investment, legal or tax advice. Leverage Shares Public Limited Company and the Arranger (together referred as “Leverage Shares”) assume no liability with regards to any investment, divestment or retention decision taken by the investor on the basis of this information.
Opinions are current as of the publication date and are subject to change with market conditions.
Investing involves high risks, including potential loss of all your money. Investors should be aware that past performance is not a reliable indicator of future results. Forecasts are not a reliable indicator of future performance. Seek independent advice where necessary.
© Leverage Shares 2025
Never miss out on important announcements. Get premium content ahead of the crowd. Enjoy exclusive insights via the newsletter only.
INVESTOR TYPE:
LOCATION:
Please confirm the Terms and Conditions by clicking on “I agree”.
This website is for informational purposes only.
This website is accessible to retail investors in the EU for informational purposes only. Leverage Shares does not directly distribute to retail investors. Retail clients should not rely on any of the information provided and should seek independent financial advice.
Information contained in this website is intended only to provide general and preliminary information and does not constitute any legal or investment advice, an offer to sell or solicitation to buy any security, including shares of any Exchange Traded Products (“ETPs”).
An investment in the promoted ETPs may only be made based on the ETPs´ legal documentation and will be subject to terms and conditions contained therein.
The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions. The ETPs shown on this website are not available for sale in the U.S. or to a U.S. person.
I acknowledge having my legal residence in the selected location.
Please confirm the Terms and Conditions by clicking on “I agree”.
This website is for informational purposes only.
Information contained in this website is intended only to provide general and preliminary information to EU regulated firms such as Investment Intermediaries and Asset Managers. This information does not constitute an offer to sell or solicitation to buy any security, including shares of any Exchange Traded Products (“ETPs”).
An investment in the promoted ETPs may only be made based on the ETPs´ legal documentation and will be subject to terms and conditions contained therein.
The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions. The ETPs shown on this website are not available for sale in the U.S. or to a U.S. person.
I acknowledge having my legal residence in the selected location.
Please confirm the Terms and Conditions by clicking on “I agree”.
This website is for informational purposes only.
This website is accessible to retail investors in the UK for informational purposes only. Leverage Shares does not directly distribute to retail investors. Retail clients should not rely on any of the information provided and should seek assistance from an IFA for all investment guidance and advice.
Information contained in this website is intended only to provide general and preliminary information and does not constitute any legal or investment advice, an offer to sell or solicitation to buy any security, including shares of any Exchange Traded Products (“ETPs”).
An investment in the promoted ETPs may only be made based on the ETPs´ legal documentation and will be subject to terms and conditions contained therein.
The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions. The ETPs shown on this website are not available for sale in the U.S. or to a U.S. person.
I acknowledge having my legal residence in the selected location.
Please confirm the Terms and Conditions by clicking on “I agree”.
This website is for informational purposes only.
Information contained in this website is intended only to provide general and preliminary information to FCA regulated firms such as Independent Financial Advisors (IFAs) and Wealth Managers. This information does not constitute an offer to sell or solicitation to buy any security, including shares of any Exchange Traded Products (“ETPs”).
An investment in the promoted ETPs may only be made based on the ETPs´ legal documentation and will be subject to terms and conditions contained therein.
The information provided on this site is not directed to any United States person or any person in the United States, any state thereof, or any of its territories or possessions. The ETPs shown on this website are not available for sale in the U.S. or to a U.S. person.
I acknowledge having my legal residence in the selected location.
This website is intended for U.S. residents.
The content on this website is for informational purposes only and is educational in nature.
The material contained on this website is not intended as a recommendation to buy, sell or hold any security or to adopt any investment strategy.
This website is intended for U.S. residents.
The content on this website is for informational purposes only and is educational in nature.
The material contained on this website is not intended as a recommendation to buy, sell or hold any security or to adopt any investment strategy.