At Semafor’s 2025 World Economy Summit on Wednesday, Netflix co-CEO Ted Sarandos said he believes Netflix’s long-term goal to achieve a $1 trillion market capitalization is possible if the streaming giant continues to perform well.
Sarandos said, “In the previous five years, we’ve doubled our revenue, we grew profits 10 times, and we grew our market cap three times. So there is a path to it, obviously, but it’s all incredibly dependent on executing well.”
He seems to confirm a report from The Wall Street Journal earlier this month, in which Netflix executives indicated that the company aims to achieve this goal, as well as double its revenue, by 2030.
Notably, Sarandos mentioned that Netflix could achieve its goals solely through its streaming business. However, the company also intends to explore additional ventures. The Broadway opening of “Stranger Things: The First Shadow” took place in March, and Netflix is set to open retail spaces in Philadelphia and Dallas this year.