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.

Netflix is entering 2025 “firing on all cylinders” after adding 19 million subscribers in the fourth quarter and raising its subscription prices, JPMorgan analysts said.