Netflix’s $1 trln goal is an early-season callback
Summary by breakingviews.com
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Netflix’s $1 trln goal is an early-season callback
The streaming service thinks it can hit a 13-figure valuation by 2030, buoyed by a planned doubling of revenue to $78 bln. The outlook implies the stock can win a premium not seen since the company’s earlier scorching-growth days, complicated by signs that it’s hitting maturity.
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