FXOpen
According to the charts, Netflix (NFLX) shares rose to their highest level since early April, while the S&P 500 index (US SPX 500 mini on FXOpen) declined by approximately 0.2% yesterday.
Since the beginning of 2025, NFLX’s share price has increased by more than 8%, showing resilience in a volatile stock market that remains sensitive to the escalation of the global trade war.
Why Is Netflix (NFLX) Gaining in Value?
The strong performance may be attributed to three key factors:
- Jason Helfstein, an analyst at financial holding company Oppenheimer, believes the company likely faces “limited” risks. Netflix does not sell tradeable goods subject to tariffs and could even benefit from a potential economic downturn if consumers opt to stay home more often.
- According to The Wall Street Journal, Netflix has set a target of reaching a market capitalisation of $1 trillion and doubling its revenue to $39 billion by 2030.
- Positive sentiment ahead of the earnings report – yes, Netflix is one of the first to release its quarterly results.
Technical Analysis of NFLX Share Chart
The share price is moving within an upward channel (shown in blue), with strong support in 2025 provided by both the lower boundary of the channel and the $840 level – a level originating from the powerful rally at the end of 2024.
On the other hand, the price has now approached the psychological $1000 level. It is possible that, in light of the upcoming earnings release (scheduled for tomorrow, 17 April), the bulls may attempt a breakout and aim to secure a foothold in the upper half of the channel.
Buy and sell stocks of the world's biggest publicly-listed companies with CFDs on FXOpen’s trading platform. Open your FXOpen account now or learn more about trading share CFDs with FXOpen.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Stay ahead of the market!
Subscribe now to our mailing list and receive the latest market news and insights delivered directly to your inbox.
Latest articles
FX Markets Are Changing: What’s Driving Currencies Now?
FX markets have become increasingly reactive in March, with geopolitical developments—particularly the US–Iran conflict—driving price action across currencies, commodities, and interest rate expectations.
In this update, we examine the key forces shaping the FX market right now,
GBP/USD Rises Following Bank of England Decision
Yesterday, the Bank of England’s decision had a significant impact on the pound, which strengthened against other currencies. Although the Official Bank Rate remained unchanged at 3.75%, the market was surprised by the “hawkish” signals, which sharply contrasted
S&P 500 Analysis: Index Falls to Year-to-Date Low
As the S&P 500 chart (US SPX 500 mini on FXOpen) shows, the index dropped below the 6,570 level yesterday for the first time in 2026. As a result, the equity market may be on track to