Red-hot Netflix (NFLX) stock is flashing a historically-reliable bullish signal, even the company's outstanding fourth-quarter earnings report

Analysts were bullish on Netflix stock ahead of its earnings beat, but what is Wall Street saying now? We take a closer look.

Netflix stock (NFLX) surged, after the streaming service reported the highest-ever level of quarterly subscriber gains and said it plans to [raise U.S. prices](

Netflix stock opened for trading at a split-adjusted $111.02 on July 16, 2015, after the seven-for-one split. A $1,000 investment at the time could have bought 9.01 Netflix shares. Today, that $1,000 investment would be worth $8,834.49, up 783.4%.

Technically, the stock’s price is likely to drop back into a “normal” range around $930 over the next week of trading. From there, expect to see a consolidation that will lead to a robust trend towards a target price above $1,000.

Netflix is set to report fourth-quarter results after the closing bell on Tuesday, with Wall Street analysts holding mostly bullish ratings on the streaming giant.