Adam Spatacco, The Motley Fool

Mon, Jun 9, 2025, 5:00 PM6 min read

• Netflix has emerged as a popular opportunity among growth-stock investors this year, with its business proving resilient during a tough macroeconomic period.

• Management has a plan to double revenue and triple operating income over the next five years, hoping to achieve a trillion-dollar valuation by 2030.

• While the company's financial goals appear reasonable, it will have to sustain premium valuation multiples in order to reach that market cap.

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As of the closing bell on June 6, the largest public companies in the world as measured by market capitalization were as follows:

• Microsoft: $3.5 trillion

• Nvidia: $3.4 trillion

• Apple: $3.0 trillion

• Amazon: $2.3 trillion

• Alphabet: $2.1 trillion

• Meta Platforms: $1.7 trillion

• Broadcom: $1.2 trillion

• Berkshire Hathaway: $1.1 trillion

• Taiwan Semiconductor Manufacturing: $1.1 trillion

Behind this list of trillion-dollar companies are a host of other businesses that are knocking on the door of this exclusive club. With a market capitalization of $528 billion, Netflix (NASDAQ: NFLX) is already halfway to a $1 trillion valuation. And with shares up 39% so far in 2025, the company looks poised to continue its monster run.

Let's explore what has made Netflix such an appealing investment during an otherwise challenging year for investors. I'll also dig into some trends fueling the company's long-term growth prospects to make the case for why Netflix could become a trillion-dollar business over the next five years.

It's not a secret that President Donald Trump's tariff policies have dampened enthusiasm in the stock market this year. Perhaps the biggest reason for that is the uncertainty that comes with tariffs.

While investors can understand at a high level how tariffs impact prices for imported and exported goods, tariff policies are more fluid. For instance, specific items or geographic regions may be excluded from certain policies. These finer details make it much more challenging to get a true sense of what is going on, and what types of businesses are most vulnerable right now.

Fortunately for Netflix, the company doesn't really need to worry much about tariffs. Netflix is a streaming business -- making revenue from subscriptions to its digital content catalog of movies and television, as well as from advertisers on the platform.

Since Netflix's core business doesn't rely on manufacturing physical products or the dynamics of imports and exports, the company is essentially insulated from the threats tariffs pose to other companies, such as retailers.