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

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](

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.

Analysts predicted live sports might power a Netflix subscriber beat. But as the company trounced the expectations, management said sports drove only a “small minority” of additions.

Shares of Netflix rose 13% in afterhours trading as investors cheered the company's first U.S. price hike since 2023. The streaming service's move aims to capitalize on surging demand and sharp subscriber gains in the fourth quarter.

Key Takeaways Netflix shares climbed to an all-time high Wednesday after the company reported 19 million new subscribers in the fourth quarter and lifted its 2025 outlook.The streamer also raised its subscription prices,

Netflix has raised its prices after gaining a record 41 million subscribers last year. The world’s largest streaming service said Tuesday that it had raised subscription rates for most plans in the United States,