The analysis from The Motley Fool suggests that despite Netflix stock being down nearly 40% from its highs last summer, the streaming giant's shift from subscriber growth to pricing power and monetization levers, such as ad-supported subscriptions now reaching approximately 250 million people, will drive future earnings. Wall Street estimates project Netflix's earnings to grow by an average of 22% annually over the next three to five years, which could lead to a doubling of the stock price based on earnings growth alone.