For streaming video giant Netflix (NFLX) - Get Report, a deal reached several years ago is finally poised to bear fruit. 

And as Netflix finally prepares to exclusively stream popular Walt Disney Co. (DIS) - Get Report films this fall, the digital media company appears to have even more upside due to international growth, pricing power and its copious spending and focus on content, according to analysts.

The Los Gatos, Calif.-based digital media company said in a blog post on Monday that it will have exclusive streaming access to films from Disney, Marvel, Pixar and Lucasfilm starting in September. Disney and Netflix first reached a deal in late 2012 for the exclusive access that starts later this year.

The deal includes huge hits such such as Captain America: Civil War and The Jungle Book, upcoming movies in the Star Wars franchise and new Pixar features such as the upcoming sequel to Finding Nemo called Finding Dory. Under the partnership, Netflix users will have access to these films, as well as Disney classics such as Pocahontas and Dumbo, after their Blu-ray and digital releases.

Netflix shares were trading up about 3.7% Tuesday afternoon to $98.42 a piece.

The partnership is another example of Netflix going after exclusive content, whether created by itself or obtained through partnerships, said Dougherty & Co. analyst Steve Frankel via phone.

"Here's a company that's basically become HBO. That was always the ambition," Frankel said, arguing that Netflix has surpassed Time Warner's (TWX) cable television unit by building a much more global platform than HBO. "Netflix is the go-to network for compelling content and it's doing that globally."

Over the past couple of years, Netflix has emerged an entertainment powerhouse partly through producing its own original shows such as House of Cards, Orange Is The New Black, Unbreakable Kimmy Schmidt, Daredevil and Marvel's Jessica Jones, among others that have quickly gained popularity.

Just last week, Netflix revealed that it will team up with Univision Communications to bring two Netflix original series -- Narcos and Club de Cuervos -- to broadcast television.

"They're going to dominate the market. It's very difficult to compete against Netflix," Drexel Hamilton analyst Tony Wible said, explaining that the company is spending about $8.5 billion per year globally for content -- an amount that's much greater than Amazon.com's (AMZN) - Get Report Prime Video or Hulu. (Hulu is a joint venture between Walt Disney, Twenty-First Century Fox (FOX) - Get Report and Comcast's (CMCSA) - Get Report NBCUniversal.)

Between international opportunities and pricing power, Netflix is an undervalued investment, he added, noting that the Disney partnership could also allow Netflix to raise its pricing.

Subscribers to Netflix's standard streaming services will all start paying $9.99 per month in May. In 2014, the company raised its monthly fee to $8.99 from $7.99, but the company allowed existing customers to keep their $7.99 fee. Starting this month, all users will pay $9.99. 

Some consumers might balk at further price increases, but Netflix should still be fine, Wible noted. 

Over the last several years, Netflix has focused on getting fewer, but more higher-quality titles -- a strategy that the Disney partnership also highlights and a mindset that has worked well for Netflix and its CEO Reed Hastings. Still, content itself could be a risk in that some offerings may go away as partnerships with content providers expire and have to be renegotiated or lost.

Noting that some analysts have been concerned by slower growth in the number of U.S. subscribers, Wible cautioned that Netflix has already proven it can scale and that it has even bigger opportunities ahead of it, such as international expansion.

And there's even more to come from Netflix.

Netflix said on Monday that the Jurassic Park series, Academy Award Best Picture winner Spotlight and The Big Short are among the films that will come to the U.S. service this summer. It will also be bringing original films and Sundance hits such as The Fundamentals of Caring and Tallulah to its service by August.

Meanwhile, on Sunday, RBC Capital Markets analyst Mark Mahaney reiterated his outperform rating and price target of $140 on Netflix.  

According to RBC's 19th quarterly U.S. survey, about 50% of Netflix users said in May that they turn to Netflix for movies and TV shows, down from 53% in February, but still ahead of Amazon's 27% figure and the same as Alphabet's (GOOGL) - Get Report YouTube. Netflix is still growing faster than YouTube and Amazon on a two-year basis, Mahaney wrote.

RBC's survey also found that general demand for streaming video is rising in France and Germany, which Mahaney said underscores Netflix's universal appeal.Netflix's market penetration in the two countries is increasing, as are user satisfaction levels, according to the survey.