Oppenheimer analyst Jason Helfstein reiterated an Outperform rating on Netflix, Inc. (NASDAQ:NFLX) with a price target of $483, as the company is scheduled to report its first-quarter earnings results on April 15, 2015 after the market close.

Helfstein wrote, “We believe the record number of global tier-1 original show launches and positive Google Trends data bode well for results and guidance. History suggests that tier-1 original shows have the highest impact on net subscriber additions. Recall that NFLX did not have House of Cards or Orange Is the New Black when it launched in France and Germany, as these series had been licensed to cable. However, since early March, NFLX has launched three new shows globally, with four more in the pipeline. Additionally, Google Trends data suggests solid momentum in several major international geographies, with US interest (in April) the highest since 2011.”

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Jason Helfstein has a total average return of 5.6% and a 53.5% success rate. Helfstein has a 5.1% average return when recommending NFLX, and is ranked #745 out of 3571 analysts.