Netflix (NFLX) is ready to report fourth-quarter outcomes after the closing bell on Tuesday, with analysts holding largely bullish rankings on the streaming large. 

Of the 19 brokers overlaying Netflix that tracked by Seen Alpha, 14 have a “purchase” or equal ranking, in contrast with 4 “maintain” rankings and one “promote.” The consensus price target is about $905, roughly 7% larger than the inventory’s Thursday shut.

Wedbush Securities this week issued a $950 goal on the shares, pointing to Netflix’s “nearly insurmountable lead” within the streaming wars. The corporate’s $6.99 ad-supported subscription tier has restricted buyer turnover, the agency mentioned, “reducing strain on including new subscribers,” which ought to proceed to drive income development over the subsequent few years.

JPMorgan, Oppenheimer Decrease Netflix Worth Goal

JPMorgan, which lowered its worth goal to $1,000 from $1,010, mentioned the streamer’s ad-supported tier and password-sharing crackdown “ought to additional broaden NFLX’s subscriber base whereas driving high-margin incremental income.” Oppenheimer also trimmed a bullish price target this week.

Total, Wall Road expects Netflix’s income for the newest quarter to develop 15% year-over-year to $10.13 billion and for earnings to climb to $1.84 billion, or $4.23 per share, from $937.8 million, or $2.11 a share.

Notably, Netflix will no longer report quarterly subscriber numbers beginning with the Tuesday outcomes.

The inventory, which ended yesterday a bit over $842, is up roughly 70% over the previous 12 months.