Netflix can double earnings per share, but it may take more than three years to do it. Still, with its double-digit revenue, expanding operating margins, and potential to expand into new businesses, doubling EPS in the next five years seems like a fair assumption.

Netflix (NFLX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this internet video service have returned -1.

Netflix stock has nearly doubled over the last 12 months to levels of about $1,270 currently. The rally has been driven by a crackdown on password sharing and the expansion of its advertising-supported tier.