<p>Netflix Inc.（纳斯达克：NFLX）在 2025 年有很多值得庆祝的事情，包括即将推出的热门节目新季，如《星期三》、《怪奇物语》和《鱿鱼游戏》；来自韩国、拉丁美洲等地的国际内容的成功；以及直播和互动内容的引入。所有这些都帮助股票在经济不确定性中保持上涨。</p>
<p>股票刚刚达到历史最高点 1,215.91 美元，比年初上涨了 33.6%。自 Netflix 首次公开募股以来，股票上涨了超过 110,500%，其中大部分涨幅发生在 COVID-19 疫情的低谷期之后。</p>
<ul>
<li>通过利用其庞大的电影目录，Netflix Inc.（纳斯达克：NFLX）在转向原创内容之前就已成为行业领导者。</li>
</ul>
<ul>
<li>Netflix 持续的内容成功，现在包括游戏和直播内容，广告使得 24/7 Wall St.预测到十年末股票将有稳健的上涨空间。</li>
</ul>
<ul>
<li>如果你在 AI 增长周期初期寻找 AI 股票，请获取我们《下一个 NVIDIA》报告的免费副本。报告中有一只软件股票可能会在 AI 领域的主导地位中获得 10 倍或更多的回报。</li>
</ul>
<p>问题是 Netflix 未来将为投资者做些什么。虽然华尔街提供了一年的价格预测，但投资者想知道股票在未来许多年将会在哪里。24/7 Wall St.为你提供了相关信息。我们对其业务和增长机会做了一些假设，并进行了数字分析，以提供关于 Netflix 股票未来几年将会在哪里的见解。</p>
<h2>Netflix 的过去表现</h2>
<p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2021/12/imageForEntry19-58i.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2021/12/imageForEntry19-58i.jpg"/></p>
<p>Netflix 重新塑造了全球娱乐消费。</p>
<p>在赢得流媒体战争之前，Netflix 已经在改变家庭娱乐行业。它于 1997 年由 Reed Hastings 创立，最初是一项 DVD 邮寄订阅服务。当时，电影租赁市场由 Blockbuster 等巨头的实体租赁主导。Netflix 的商业模式通过提供便利和消除逾期费用，颠覆了传统的电影租赁模式。</p>
<p>Hastings 在 2002 年 5 月 23 日将公司上市，调整后每股 1.16 美元。如今，股票交易接近每股 1,190.00 美元，年复合增长率为 34.1%。这意味着 2002 年投资的每 1,000 美元今天价值 866,500 美元。</p>
<p>当 Netflix 在 2007 年开始流媒体时，行业仍处于初期阶段，竞争对手如 Hulu 和 Amazon Prime Video 随后才出现。通过利用其庞大的电影目录，它迅速成为行业领导者，并在 2010 年代转向原创内容。</p>
<p>如今，Netflix 拥有 3.01 亿付费订阅用户，并重新塑造了全球娱乐消费。最近的热门发布包括《四季》和《奶奶们》。</p>
<h2>Netflix 的关键驱动因素</h2>
<p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2022/10/imageForEntry11-8Lf.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2022/10/imageForEntry11-8Lf.jpg"/></p>
<p>Netflix 预计广告将成为收入的重要来源。</p>
<p><strong>内容成功：</strong> 尽管 Netflix 在开始制作自己的内容时经历了一些波折，但它早已找到了自己的节奏，定期制作引人入胜的节目，吸引公众的注意。在 COVID 封锁期间，它在 2020 年推出了《老虎王》，并在 2021 年推出了《鱿鱼游戏》。去年，它最受欢迎的节目包括《怪兽：莱尔和埃里克·梅嫩德斯的故事》和《没人想要这个》。由于与国际创作者的良好关系，它开始推出来自巴西、韩国、英国等地的新节目。《鱿鱼游戏》的第二季是 2024 年观看人数最多的系列。而新电影《奶奶们》也很受欢迎。</p>
<p><strong>基于内容的游戏：</strong> 一个快速增长的机会是基于 Netflix 知识产权的游戏，如《鱿鱼游戏》、《维珍河圣诞节》和《最后通牒》。它还拥有基于现有知识产权的游戏，如《纪念碑谷 3》。由于这些游戏都包含在 Netflix 流媒体套餐中，因此有潜力实现巨大的增长。</p>
<p><strong>现场活动：</strong> Netflix 于 11 月 15 日举办的迈克·泰森与杰克·保罗的拳击赛吸引了 1.08 亿观众，峰值时有 6500 万户家庭同时观看，成为 “有史以来观看人数最多的体育赛事”。其成功可能会促使未来更多此类节目，如圣诞节 NFL 和每周 WWE 摔跤活动。Netflix Tudum 2025 于 5 月底举行。尽管可能无法达到 2000 亿小时的点播流媒体内容，但仍应提供显著增长。</p>
<p><strong>广告：</strong> Netflix 预计广告将在未来几年成为收入的重要来源。它表示每年广告收入大约翻倍，但起点非常小。预计从 2025 年开始将变得有意义。在展示广告的国家，广告计划占该季度新会员注册的 50%，广告计划会员较上季度增长了 35%。</p>
<h2>Netflix 股票价格预测 2025</h2>
<p>50 位分析师覆盖 Netflix 股票，他们的 12 个月共识价格目标为每股 1,136.51 美元。这意味着与当前交易价格没有上涨空间，但目标范围从每股 720.00 美元（或 39.2% 的下跌）到每股 1,514 美元（27.8% 的上涨）。平均而言，分析师建议买入股票，自年初以来一直如此。</p>
<p>24/7 Wall St.预测 Netflix 股票将在年底前下滑至每股 1,080.00 美元，基于广告收入的持续三位数增长和广告计划订阅用户的高双位数增长。我们预计 Netflix 在 2025 年的收入将增长 12%，这是其 11% 至 13% 指导范围的中点。由于高于预期的订阅用户增长和由于规模带来的利润扩张，该流媒体服务应超出分析师的预期。这将产生每股 21.70 美元的收益，符合约 20% 的五年复合年增长率。我们预计明年股票将以类似的倍数交易，约为 48。</p>
<h2>Netflix 未来五年的发展可能性</h2>
<p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2024/03/shutterstock-2231197849-huge-licensed-1-scaled.jpg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2024/03/shutterstock-2231197849-huge-licensed-1-scaled.jpg"/></p>
<p>在本十年结束前进行股票拆分？</p>
<p>在评估 Netflix 未来几年的股价时，我们以 2024 年的收入 390 亿美元和净收入 87 亿美元为起点。然后通过赋予市盈率来提供我们对公司市场价值的最佳估计。</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>收入（十亿美元）</strong></td>
<td><strong>净收入（十亿美元）</strong></td>
<td><strong>每股收益（EPS）</strong></td>
</tr>
<tr>
<td><strong>2025</strong></td>
<td>$43.5</td>
<td>$9.0</td>
<td>$21.70</td>
</tr>
<tr>
<td><strong>2026</strong></td>
<td>$48.7</td>
<td>$10.2</td>
<td>$26.04</td>
</tr>
<tr>
<td><strong>2027</strong></td>
<td>$53.6</td>
<td>$11.5</td>
<td>$29.94</td>
</tr>
<tr>
<td><strong>2028</strong></td>
<td>$58.4</td>
<td>$12.8</td>
<td>$34.43</td>
</tr>
<tr>
<td><strong>2029</strong></td>
<td>$63.7</td>
<td>$14.0</td>
<td>$39.60</td>
</tr>
<tr>
<td><strong>2030</strong></td>
<td>$69.4</td>
<td>$17.4</td>
<td>$44.35</td>
</tr>
</tbody>
</table>
<p>随着广告开始起飞，但在其更成熟市场的订阅人数放缓，收入增长应保持在 12% 的增长率。Netflix 应继续以与当前相符的高倍数交易，这使我们在 2026 年的每股目标价为$1,159.20。</p>
<p>对于 2027 年，我们预测增长势头将略微放缓，收入增长为 10%，但其利润率将保持在 21%，这使得每股收益为$29.94。以 42 的市盈率计算，这转化为每股目标价$1,237.86。</p>
<p>到 2029 年，我们预测 Netflix 将略微放慢收入增长，年增长率仅为 9%。以 40 的市盈率（与其五年平均水平一致），我们得到 2028 年的每股目标价为$1,314.00，以及 2029 年的每股目标价为$1,385.01。</p>
<p>此时，Netflix 仍然是主导的流媒体服务，提供多种游戏选项和现场活动。尽管广告将成为收入的重要组成部分，但到 2030 年，它在大多数重要增长市场中将达到临界质量，业务的成熟将使 Netflix 的收入增长放缓至 9%。然而，利润率应继续改善至 25%，这将支持每股目标价$1,448.40，市盈率为 38。</p>
<table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>目标价</strong></td>
<td><strong>上涨潜力</strong></td>
</tr>
<tr>
<td><strong>2025</strong></td>
<td>$1,080.00</td>
<td>−8.8%</td>
</tr>
<tr>
<td><strong>2026</strong></td>
<td>$1,159.20</td>
<td>−2.2%</td>
</tr>
<tr>
<td><strong>2027</strong></td>
<td>$1,237.86</td>
<td>4.5%</td>
</tr>
<tr>
<td><strong>2028</strong></td>
<td>$1,314.00</td>
<td>10.9%</td>
</tr>
<tr>
<td><strong>2029</strong></td>
<td>$1,385.01</td>
<td>16.9%</td>
</tr>
<tr>
<td><strong>2030</strong></td>
<td>$1,448.40</td>
<td>22.2%</td>
</tr>
</tbody>
</table>
<p>在某个时刻，看到 Netflix 拆分股票以使其对小型零售投资者更具可负担性并不令人惊讶。</p>
<p>这五只标准普尔 500 指数股票目前的收入增长最快</p>
<p>文章《Netflix (NASDAQ: NFLX) 股票价格预测及 2025-2030 年预测（2025 年 5 月）》首发于 24/7 Wall St..</p>

奈飞

<p>奈飞（NASDAQ: NFLX）预计到本世纪末将实现稳健的股票增长，这得益于成功的内容，包括游戏和现场活动。该股票最近达到了历史最高点 1,215.91 美元，今年上涨了 33.6%。奈飞拥有 3.01 亿订阅用户和强大的节目阵容，预计其广告收入将显著推动未来的增长。该公司已经改变了娱乐消费方式，并继续通过新节目和互动内容进行创新</p>

<p>Netflix Inc. (NASDAQ: NFLX) has a lot to celebrate in 2025, including upcoming seasons of popular shows such as “Wednesday,” “Stranger Things,” and “Squid Games”; the success of international content from Korea, Latin America, and elsewhere; and the introduction of live and interactive content. All this has helped buoy the stock despite economic uncertainty.</p>
<div class="lb-trans"><p>Netflix Inc.（纳斯达克：NFLX）在 2025 年有很多值得庆祝的事情，包括即将推出的热门节目新季，如《星期三》、《怪奇物语》和《鱿鱼游戏》；来自韩国、拉丁美洲等地的国际内容的成功；以及直播和互动内容的引入。所有这些都帮助股票在经济不确定性中保持上涨。</p>
</div><p>Shares just hit an all-time high of $1,215.91 and are now 33.6% higher than at the beginning of the year. Since Netflix’s initial public offering, the stock has risen more than 110,500%, much of that gain coming since the depths of the COVID-19 pandemic.</p>
<div class="lb-trans"><p>股票刚刚达到历史最高点 1,215.91 美元，比年初上涨了 33.6%。自 Netflix 首次公开募股以来，股票上涨了超过 110,500%，其中大部分涨幅发生在 COVID-19 疫情的低谷期之后。</p>
</div><ul>
<li>By leveraging its vast movie catalog, Netflix Inc. (NASDAQ: NFLX) became the industry leader even before pivoting to original content.</li>
</ul>
<div class="lb-trans"><ul>
<li>通过利用其庞大的电影目录，Netflix Inc.（纳斯达克：NFLX）在转向原创内容之前就已成为行业领导者。</li>
</ul>
</div><ul>
<li>Netflix’s ongoing content success, now including games and live content, and advertising leads 24/7 Wall St. to project solid upside for the stock by the end of the decade.</li>
</ul>
<div class="lb-trans"><ul>
<li>Netflix 持续的内容成功，现在包括游戏和直播内容，广告使得 24/7 Wall St.预测到十年末股票将有稳健的上涨空间。</li>
</ul>
</div><ul>
<li>If you’re looking for an AI stock early in the AI growth cycle, grab a complimentary copy of our “The Next NVIDIA” report. It has a software stock that could ride dominance in AI to returns of 10x or more</li>
</ul>
<div class="lb-trans"><ul>
<li>如果你在 AI 增长周期初期寻找 AI 股票，请获取我们《下一个 NVIDIA》报告的免费副本。报告中有一只软件股票可能会在 AI 领域的主导地位中获得 10 倍或更多的回报。</li>
</ul>
</div><p>The question is what Netflix will do for investors going forward. While Wall Street offers one-year price projections, investors want to know where shares will be many years from now. 24/7 Wall St. has you covered. We applied some assumptions about its business and opportunities for growth and did some number-crunching to offer insights about where Netflix stock will be in future years.</p>
<div class="lb-trans"><p>问题是 Netflix 未来将为投资者做些什么。虽然华尔街提供了一年的价格预测，但投资者想知道股票在未来许多年将会在哪里。24/7 Wall St.为你提供了相关信息。我们对其业务和增长机会做了一些假设，并进行了数字分析，以提供关于 Netflix 股票未来几年将会在哪里的见解。</p>
</div><h2>Netflix’s Past Performance</h2>
<div class="lb-trans"><h2>Netflix 的过去表现</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2021/12/imageForEntry19-58i.jpg" alt="" original-src="https://247wallst.com/wp-content/uploads/2021/12/imageForEntry19-58i.jpg"/></p>
<p>Netflix has reshaped entertainment consumption worldwide.</p>
<div class="lb-trans"><p>Netflix 重新塑造了全球娱乐消费。</p>
</div><p>Before winning the streaming wars, Netflix was already transforming the home entertainment industry. It was founded in 1997 by Reed Hastings as a DVD-by-mail subscription service. At the time, the movie rental market was dominated by physical rentals from giants like Blockbuster. Netflix’s business model disrupted the traditional movie rental model by offering convenience and eliminating late fees.</p>
<div class="lb-trans"><p>在赢得流媒体战争之前，Netflix 已经在改变家庭娱乐行业。它于 1997 年由 Reed Hastings 创立，最初是一项 DVD 邮寄订阅服务。当时，电影租赁市场由 Blockbuster 等巨头的实体租赁主导。Netflix 的商业模式通过提供便利和消除逾期费用，颠覆了传统的电影租赁模式。</p>
</div><p>Hastings took the company public five years later on May 23, 2002, at a split-adjusted $1.16 per share. Today, the stock trades near $1,190.00 per share, for a compounded annual growth rate of 34.1%. That means every $1,000 invested in the streamer in 2002 is worth $866,500 today.</p>
<div class="lb-trans"><p>Hastings 在 2002 年 5 月 23 日将公司上市，调整后每股 1.16 美元。如今，股票交易接近每股 1,190.00 美元，年复合增长率为 34.1%。这意味着 2002 年投资的每 1,000 美元今天价值 866,500 美元。</p>
</div><p>When Netflix began streaming in 2007, the industry was in its infancy with competitors like Hulu and Amazon Prime Video only emerging afterward. By leveraging its vast movie catalog, it quickly became the industry leader before pivoting to original content in the 2010s.</p>
<div class="lb-trans"><p>当 Netflix 在 2007 年开始流媒体时，行业仍处于初期阶段，竞争对手如 Hulu 和 Amazon Prime Video 随后才出现。通过利用其庞大的电影目录，它迅速成为行业领导者，并在 2010 年代转向原创内容。</p>
</div><p>Today, Netflix has 301 million paid subscribers and has reshaped entertainment consumption worldwide. Recent popular releases include “The Four Seasons” and “Nonnas.”</p>
<div class="lb-trans"><p>如今，Netflix 拥有 3.01 亿付费订阅用户，并重新塑造了全球娱乐消费。最近的热门发布包括《四季》和《奶奶们》。</p>
</div><h2>Key Drivers for Netflix</h2>
<div class="lb-trans"><h2>Netflix 的关键驱动因素</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2022/10/imageForEntry11-8Lf.jpg" alt="" original-src="https://247wallst.com/wp-content/uploads/2022/10/imageForEntry11-8Lf.jpg"/></p>
<p>Netflix expects ads to become a significant contributor to revenue.</p>
<div class="lb-trans"><p>Netflix 预计广告将成为收入的重要来源。</p>
</div><p><strong>Content success:</strong> Although Netflix had a rocky start when it began producing its own content, it has long since found its stride and routinely produces captivating shows that grab the public’s attention. During Covid lockdowns, it had “Tiger King” in 2020 and followed that up with “Squid Game” in 2021. Last year, its most popular shows included “Monsters: The Lyle and Erik Menendez Story” and “Nobody Wants This.” And because it has good relationships with international creators, it has begun bringing out new programming from Brazil, South Korea, the U.K., and elsewhere. The second season of “Squid Game” was its most-watched series in 2024. And new movie “Nonnas” has been popular.</p>
<div class="lb-trans"><p><strong>内容成功：</strong> 尽管 Netflix 在开始制作自己的内容时经历了一些波折，但它早已找到了自己的节奏，定期制作引人入胜的节目，吸引公众的注意。在 COVID 封锁期间，它在 2020 年推出了《老虎王》，并在 2021 年推出了《鱿鱼游戏》。去年，它最受欢迎的节目包括《怪兽：莱尔和埃里克·梅嫩德斯的故事》和《没人想要这个》。由于与国际创作者的良好关系，它开始推出来自巴西、韩国、英国等地的新节目。《鱿鱼游戏》的第二季是 2024 年观看人数最多的系列。而新电影《奶奶们》也很受欢迎。</p>
</div><p><strong>Games based on content:</strong> A fast-growing opportunity is games based on Netflix IP, such as Squid Game, Virgin River Christmas, and The Ultimatum. It also has games based on existing IPs, such as Monument Valley 3. As it all comes included as a package with Netflix streaming, it has the potential to see tremendous growth.</p>
<div class="lb-trans"><p><strong>基于内容的游戏：</strong> 一个快速增长的机会是基于 Netflix 知识产权的游戏，如《鱿鱼游戏》、《维珍河圣诞节》和《最后通牒》。它还拥有基于现有知识产权的游戏，如《纪念碑谷 3》。由于这些游戏都包含在 Netflix 流媒体套餐中，因此有潜力实现巨大的增长。</p>
</div><p><strong>Live events:</strong> The Mike Tyson-Jake Paul boxing match Netflix hosted on Nov. 15 drew in 108 million viewers, with 65 million concurrent households at its peak, making it the “most-streamed sporting event ever.” Its success will likely spur more such programming in the future, such as Christmas Day NFL and weekly WWE wrestling events. Netflix Tudum 2025 took place at the end of May. It might not reach the 200 billion hours of its on-demand streaming content but should offer significant growth.</p>
<div class="lb-trans"><p><strong>现场活动：</strong> Netflix 于 11 月 15 日举办的迈克·泰森与杰克·保罗的拳击赛吸引了 1.08 亿观众，峰值时有 6500 万户家庭同时观看，成为 “有史以来观看人数最多的体育赛事”。其成功可能会促使未来更多此类节目，如圣诞节 NFL 和每周 WWE 摔跤活动。Netflix Tudum 2025 于 5 月底举行。尽管可能无法达到 2000 亿小时的点播流媒体内容，但仍应提供显著增长。</p>
</div><p><strong>Advertising:</strong> Netflix expects ads to become a significant contributor to revenue in the next few years. It says it is roughly doubling ad revenue each year, but it is starting from a very small base. It will become meaningful beginning in 2025. In the countries where it shows ads, the ad plan accounted for 50% of the new membership sign-ups it saw in the quarter and ad plan membership was up 35% quarter over quarter.</p>
<div class="lb-trans"><p><strong>广告：</strong> Netflix 预计广告将在未来几年成为收入的重要来源。它表示每年广告收入大约翻倍，但起点非常小。预计从 2025 年开始将变得有意义。在展示广告的国家，广告计划占该季度新会员注册的 50%，广告计划会员较上季度增长了 35%。</p>
</div><h2>Netflix Stock Price Prediction in 2025</h2>
<div class="lb-trans"><h2>Netflix 股票价格预测 2025</h2>
</div><p>Fifty analysts cover Netflix stock, and their 12-month consensus price target is $1,136.51 per share. That implies no upside from where it currently trades, but targets range from a low of $720.00 per share (or 39.2% downside) to a market high of $1,514 per share (27.8% upside). On average, the analysts recommend buying shares, and they have since at least the beginning of the year.</p>
<div class="lb-trans"><p>50 位分析师覆盖 Netflix 股票，他们的 12 个月共识价格目标为每股 1,136.51 美元。这意味着与当前交易价格没有上涨空间，但目标范围从每股 720.00 美元（或 39.2% 的下跌）到每股 1,514 美元（27.8% 的上涨）。平均而言，分析师建议买入股票，自年初以来一直如此。</p>
</div><p>24/7 Wall St. projects Netflix stock will slip to $1,080.00 per share by year’s end, based on continued, triple-digit growth in advertising revenue and high-double-digit ad plan subscriber growth. We expect Netflix revenue to grow 12% in 2025, which is the midpoint of its 11% to 13% guidance. The streamer should outperform analyst expectations due to higher-than-expected subscriber growth and margin expansion due to its scale. That will produce earnings of $21.70 per share, in line with a five-year CAGR of around 20%. We expect the stock to trade at a similar multiple next year of around 48.</p>
<div class="lb-trans"><p>24/7 Wall St.预测 Netflix 股票将在年底前下滑至每股 1,080.00 美元，基于广告收入的持续三位数增长和广告计划订阅用户的高双位数增长。我们预计 Netflix 在 2025 年的收入将增长 12%，这是其 11% 至 13% 指导范围的中点。由于高于预期的订阅用户增长和由于规模带来的利润扩张，该流媒体服务应超出分析师的预期。这将产生每股 21.70 美元的收益，符合约 20% 的五年复合年增长率。我们预计明年股票将以类似的倍数交易，约为 48。</p>
</div><h2>How Netflix’s Next Five Years Could Play Out</h2>
<div class="lb-trans"><h2>Netflix 未来五年的发展可能性</h2>
</div><p><img src="https://imageproxy.pbkrs.com/https://247wallst.com/wp-content/uploads/2024/03/shutterstock-2231197849-huge-licensed-1-scaled.jpg" alt="" original-src="https://247wallst.com/wp-content/uploads/2024/03/shutterstock-2231197849-huge-licensed-1-scaled.jpg"/></p>
<p>A stock split before the end of the decade?</p>
<div class="lb-trans"><p>在本十年结束前进行股票拆分？</p>
</div><p>Valuing Netflix’s stock price for the coming years, we begin with revenue of $39.0 billion and net income of $8.7 billion for 2024. Then provide our best estimate of the market value of the company by assigning a price-to-earnings multiple.</p>
<div class="lb-trans"><p>在评估 Netflix 未来几年的股价时，我们以 2024 年的收入 390 亿美元和净收入 87 亿美元为起点。然后通过赋予市盈率来提供我们对公司市场价值的最佳估计。</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>Revenue (billions)</strong></td>
<td><strong>Net Income (billions)</strong></td>
<td><strong>EPS</strong></td>
</tr>
<tr>
<td><strong>2025</strong></td>
<td>$43.5</td>
<td>$9.0</td>
<td>$21.70</td>
</tr>
<tr>
<td><strong>2026</strong></td>
<td>$48.7</td>
<td>$10.2</td>
<td>$26.04</td>
</tr>
<tr>
<td><strong>2027</strong></td>
<td>$53.6</td>
<td>$11.5</td>
<td>$29.94</td>
</tr>
<tr>
<td><strong>2028</strong></td>
<td>$58.4</td>
<td>$12.8</td>
<td>$34.43</td>
</tr>
<tr>
<td><strong>2029</strong></td>
<td>$63.7</td>
<td>$14.0</td>
<td>$39.60</td>
</tr>
<tr>
<td><strong>2030</strong></td>
<td>$69.4</td>
<td>$17.4</td>
<td>$44.35</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>收入（十亿美元）</strong></td>
<td><strong>净收入（十亿美元）</strong></td>
<td><strong>每股收益（EPS）</strong></td>
</tr>
<tr>
<td><strong>2025</strong></td>
<td>$43.5</td>
<td>$9.0</td>
<td>$21.70</td>
</tr>
<tr>
<td><strong>2026</strong></td>
<td>$48.7</td>
<td>$10.2</td>
<td>$26.04</td>
</tr>
<tr>
<td><strong>2027</strong></td>
<td>$53.6</td>
<td>$11.5</td>
<td>$29.94</td>
</tr>
<tr>
<td><strong>2028</strong></td>
<td>$58.4</td>
<td>$12.8</td>
<td>$34.43</td>
</tr>
<tr>
<td><strong>2029</strong></td>
<td>$63.7</td>
<td>$14.0</td>
<td>$39.60</td>
</tr>
<tr>
<td><strong>2030</strong></td>
<td>$69.4</td>
<td>$17.4</td>
<td>$44.35</td>
</tr>
</tbody>
</table>
</div><p>As advertising begins to take off, but subscribership in its more mature markets slows, revenue growth should maintain its 12% growth rate. Netflix should continue to trade at elevated multiples consistent with where it trades today, giving us a price target of $1,159.20 per share in 2026.</p>
<div class="lb-trans"><p>随着广告开始起飞，但在其更成熟市场的订阅人数放缓，收入增长应保持在 12% 的增长率。Netflix 应继续以与当前相符的高倍数交易，这使我们在 2026 年的每股目标价为$1,159.20。</p>
</div><p>For 2027, we forecast the growth juggernaut will ease slightly to 10% growth in revenue though it will maintain its margins of 21% giving us earnings of $29.94. With a P/E ratio of 42, that translates into a price target of $1,237.86 per share.</p>
<div class="lb-trans"><p>对于 2027 年，我们预测增长势头将略微放缓，收入增长为 10%，但其利润率将保持在 21%，这使得每股收益为$29.94。以 42 的市盈率计算，这转化为每股目标价$1,237.86。</p>
</div><p>Through 2029, we forecast Netflix will take its foot off the revenue gas ever so slightly at just 9% annually. With a P/E ratio of 40, in line with its five-year average, we get price targets of $1,314.00 in 2028 and $1,385.01 per share in 2029.</p>
<div class="lb-trans"><p>到 2029 年，我们预测 Netflix 将略微放慢收入增长，年增长率仅为 9%。以 40 的市盈率（与其五年平均水平一致），我们得到 2028 年的每股目标价为$1,314.00，以及 2029 年的每股目标价为$1,385.01。</p>
</div><p>At this point, Netflix remains the dominant streaming service, but offering a multitude of gaming options and live events. Although advertising will be a considerable component of revenue, it will have reached critical mass in most of its important growth markets by 2030, and the maturity of its business will see Netflix’s revenue growth slow to 9%. Margins, however, should continue improving to 25%, which will readily support a price target of $1,448.40 per share at a P/E ratio of 38.</p>
<div class="lb-trans"><p>此时，Netflix 仍然是主导的流媒体服务，提供多种游戏选项和现场活动。尽管广告将成为收入的重要组成部分，但到 2030 年，它在大多数重要增长市场中将达到临界质量，业务的成熟将使 Netflix 的收入增长放缓至 9%。然而，利润率应继续改善至 25%，这将支持每股目标价$1,448.40，市盈率为 38。</p>
</div><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>Price Target</strong></td>
<td><strong>Upside Potential</strong></td>
</tr>
<tr>
<td><strong>2025</strong></td>
<td>$1,080.00</td>
<td>−8.8%</td>
</tr>
<tr>
<td><strong>2026</strong></td>
<td>$1,159.20</td>
<td>−2.2%</td>
</tr>
<tr>
<td><strong>2027</strong></td>
<td>$1,237.86</td>
<td>4.5%</td>
</tr>
<tr>
<td><strong>2028</strong></td>
<td>$1,314.00</td>
<td>10.9%</td>
</tr>
<tr>
<td><strong>2029</strong></td>
<td>$1,385.01</td>
<td>16.9%</td>
</tr>
<tr>
<td><strong>2030</strong></td>
<td>$1,448.40</td>
<td>22.2%</td>
</tr>
</tbody>
</table>
<div class="lb-trans"><table>
<thead>
<tr>
<th></th>
<th></th>
<th></th>
</tr>
</thead>
<tbody>
<tr>
<td></td>
<td><strong>目标价</strong></td>
<td><strong>上涨潜力</strong></td>
</tr>
<tr>
<td><strong>2025</strong></td>
<td>$1,080.00</td>
<td>−8.8%</td>
</tr>
<tr>
<td><strong>2026</strong></td>
<td>$1,159.20</td>
<td>−2.2%</td>
</tr>
<tr>
<td><strong>2027</strong></td>
<td>$1,237.86</td>
<td>4.5%</td>
</tr>
<tr>
<td><strong>2028</strong></td>
<td>$1,314.00</td>
<td>10.9%</td>
</tr>
<tr>
<td><strong>2029</strong></td>
<td>$1,385.01</td>
<td>16.9%</td>
</tr>
<tr>
<td><strong>2030</strong></td>
<td>$1,448.40</td>
<td>22.2%</td>
</tr>
</tbody>
</table>
</div><p>At some point along the way, it would not be surprising to see Netflix split its stock to make it more affordable for small, retail investors.</p>
<div class="lb-trans"><p>在某个时刻，看到 Netflix 拆分股票以使其对小型零售投资者更具可负担性并不令人惊讶。</p>
</div><p>These Five S&amp;P 500 Stocks Are Growing Revenue the Most Right Now</p>
<div class="lb-trans"><p>这五只标准普尔 500 指数股票目前的收入增长最快</p>
</div><p>The post Netflix (NASDAQ: NFLX) Stock Price Prediction and Forecast 2025-2030 (May 2025) appeared first on 24/7 Wall St..</p>
<div class="lb-trans"><p>文章《Netflix (NASDAQ: NFLX) 股票价格预测及 2025-2030 年预测（2025 年 5 月）》首发于 24/7 Wall St..</p>
</div>

Netflix (NASDAQ: NFLX) Stock Price Prediction and Forecast 2025-2030 (May 2025)

- Netflix 2025 年股价预测为 $1,080.00，预计广告收入将显著增长。  
- 目前股价已达历史新高 $1,215.91，年初上涨 33.6%。  
- 未来五年，Netflix 将继续主导流媒体市场，收入年增长率约 12%。  

奈飞（NASDAQ 代码：NFLX）股票价格预测及 2025-2030 年展望（2025 年 5 月）