Analysts have boosted 2014e by some 90% from $1.44 to $2.74 - the stock is only up 75% - so the multiple has actually gone down. Back into the $200's soon.
$2.74 in 2014? LOL
Thats about as good as predicting the weather in 2014.
NFLX may not even exist then, so let's just say $20 in earnings in 2014.
Stocks are a bet on future earnings - looks good from here.
What were their 2013 estimates at the beginning of 2012? or their 2012 estimates at the beginning of 2011?
Sentiment: Strong Sell
Exactly that is why the stock tanked in 2011 - estimates went down - now they are going back up - just the start of the revisions - analyst are too afraid to issue a $5.00 estimate but it will happen. Subs will double in 18 months.