Netflix Inc (NASDAQ:NFLX) shares are trading higher by 1.07% to $1,051.44 Tuesday, nearing record levels, as investors embrace the streaming giant’s strong quarterly earnings and its perceived insulation from global trade volatility.
What To Know: The stock’s upward momentum comes as broader markets rebound following reports that the Trump administration is considering scaling back tariffs on Chinese imports—a move aimed at de-escalating U.S.-China trade tensions, The Wall Street Journal reported.
The WSJ cited sources familiar with the matter who said the administration is weighing tariff reductions of up to 50%-65%, alongside a potential tiered system for future levies. While discussions remain fluid, investors welcomed signs of easing trade pressure after weeks of escalating tariffs that had rattled global markets.
China has since indicated a willingness to resume talks, though it warned against continued threats from Washington, per WSJ.
Meanwhile, Netflix’s strong first-quarter results continue to fuel investor optimism. The company posted revenue of $10.54 billion and earnings of $6.61 per share, both exceeding expectations.
With limited exposure to tariffs and robust growth in memberships and ad revenue, analysts view Netflix as a safe haven amid uncertainty, with several raising price targets as high as $1,514.
How To Buy NFLX Stock
By now you're likely curious about how to participate in the market for Netflix – be it to purchase shares, or even attempt to bet against the company.
Buying shares is typically done through a brokerage account. You can find a list of possible trading platforms here. Many will allow you to buy “fractional shares,” which allows you to own portions of stock without buying an entire share.
In the case of Netflix, which is trading at $1,051.44 as of publishing time, $100 would buy you around 0.1 shares of stock.
If you're looking to bet against a company, the process is more complex. You'll need access to an options trading platform, or a broker who will allow you to “go short” a share of stock by lending you the shares to sell. The process of shorting a stock can be found at this resource. Otherwise, if your broker allows you to trade options, you can either buy a put option, or sell a call option at a strike price above where shares are currently trading – either way it allows you to profit off of the share price decline.
According to data from Benzinga Pro, NFLX has a 52-week high of $1,064.97 and a 52-week low of $544.25.