Netflix shares soared to a new all-time high of $999 per share on Wednesday after a blockbuster fourth quarter earnings report that included a record-breaking 18.9 million subscriber adds — nearly double Wall Street’s consensus estimates — for a total of 301.63 million globally and new price hikes on some of its plans. It also raised its outlook for revenue and its operating margin for 2025.
The stock finished the day’s trading session at $953.99 per share, up over 9%. Its market capitalization currently sits at $407.79 billion — more than the combined market cap of competitors Disney, Paramount Global, Comcast and Warner Bros.