3 Big Reasons Netflix Will Continue to Soar

By Catie Hogan – Apr 13, 2026 at 1:00PM ESTKey PointsNetflix has a global reach with availability in 190 countries around the world.The streaming platform recently lost its bid to acquire Warner Bros. Discovery.But Netflix is venturing into several new areas, including gaming and live events.Netflix (NFLX +0.42%) may have lost the bidding war for Warner Bros. Discovery, but it might not be a defeat after all. When Netflix's co-CEOs Ted Sarandos and Greg Peters decided not to match Paramount Skydance's $110 billion offer, the company turned its focus to other growth channels.

Acquiring Warner Bros. would've put immense pressure on Netflix's balance sheet. Now, the streaming behemoth can lean on three proven growth pillars to help the stock continue to soar. The three growth channels include aggressively acquiring international subscribers, streaming more live events, and gaming. All three will help Netflix continue to dominate for years to come -- and that should be good news for investors. ExpandNASDAQ: NFLXNetflixToday's Change(0.42%) $0.43Current Price$103.44Key Data PointsMarket Cap$435BDay's Range$102.06 - $103.6752wk Range$75.01 - $134.12Volume605KAvg Vol48MGross Margin48.59% Searching for global streaming domination Netflix may be close to saturation in the United States, but internationally it has plenty of room to run. According to the International Trade Association, the global media and entertainment market is approximately $2.8 trillion annually. The opportunity for Netflix is massive, as it's estimated that the company has fewer than 300 million subscribers outside of the U.S. The streaming giant is focused on creating localized content to ensure that its television and film options resonate with audiences far beyond U.S. borders. Netflix is now available in 190 countries. It's also using partnerships and collaborations to expand its reach and distribution. Image source: Getty Images. Bringing the game or concert into your living room Live content is a newer tool in Netflix's belt. Netflix has hosted more than 200 live events thus far. From major sports championships to concerts, and even famed climber Alex Honnold scaling the side of a skyscraper, Netflix wants a broad offering of live events to capture more eyeballs around the world. By offering a range of live events, Netflix can scale its ad tier, as consumers are less likely to skip ads during live events. Live-streamed sports and concerts are another tool for Netflix to acquire and retain subscribers. Netflix is playing games Gaming is one of the most under-appreciated pieces of Netflix's growth. Netflix is scaling its cloud-first games strategy. This move into gaming positions Netflix as an interactive platform and multimedia entertainment ecosystem, rather than just a passive television and film service. Through gaming, Netflix will capture the attention of even more subscribers for longer periods. Netflix's stock has been fairly muted over the past 12 months, up just over 13%. The stock is currently fairly priced, with a forward price-to-earnings ratio of 31. The valuation metrics have improved, and now that it has all its attention back on international growth, live events, and gaming, Netflix looks poised to continue soaring. Read NextApr 13, 2026 •By Bram Berkowitz3 Company Earnings to Watch This Week (April 13-17)Apr 13, 2026 •By Rick Munarriz5 Stocks That Can Break Your Heart This Week: None of Them Are BanksApr 11, 2026 •By Jack DelaneyCustomers May Not Like Netflix's Price Hikes, but Shareholders WillApr 9, 2026 •By John BallardNetflix vs. Walt Disney: Consistency vs. Volatility in RevenueApr 9, 2026 •By Anders BylundEveryone Said It Was Too Late to Buy Netflix.

They Were Wrong.Apr 8, 2026 •By Jeremy Bowman6 Best Value Stocks to Buy Now in 2026About the AuthorCatie is a contributing Motley Fool stock market analyst covering technology, consumer goods, transportation, industrials, materials, and energy. She's the founder of the family finances newsletter, Cents of Humor. Catie was formerly the Head of Advice & Coaching at Parthean and an advisor at Element Financial Group. She's the writer and a producer of the hit off-Broadway show, Vape!

The Grease Parody. Catie has a degree in journalism from Emerson College.TMFCatieHoganStocks MentionedNetflixNASDAQ: NFLX$103.40(+0.38%)+$0.39*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.