Netflix's control of its own content keeps growth avenues open even as quality and popularity ebb and flow. Production is costly, but being able to make more is hugely underrated. YouTube pays creators more than double what Netflix spends; its content is not free. Ads need time to gain traction, with live sports where they should prove their worth. Solid earnings outweigh weak short-term guidance; Netflix should become one of Wall Street's hottest stocks again, with targets well into the $150s. … Show more

Netflix's below-market multiple and expected revenue growth should limit downside despite another quarterly guidance miss. At 19.2x FY2026 EPS, it trades below the S&P 500 multiple with 10% long-term revenue growth. Third-quarter results broadly met expectations, but fourth-quarter revenue, operating income, EPS and margin guidance missed Wall Street estimates; last week's 6% workforce cut had telegraphed weakness. x.com 

Netflix's low-double-digit earnings growth, which could slow to single digits, makes 20x P/E an extremely fair 2030 multiple. Projected 2030 EPS of $6.30 implies a $126 target. From $63, the modeled 18.9% annual return over four years is decent but not exciting; from $45, it is 22.9% over five years. Netflix is not cheap enough yet, but $45 gets attention. x.com 

Netflix's slowing growth and reduced ad forecast temper the case for ads as a growth engine. Growth eased from 17% a year ago to 12%, with 11.5% expected next quarter; this year's ad revenue forecast fell from about $3 billion to $2.7 billion. Free cash flow guidance fell from $12.5 billion to $12 billion. A more appealing P/E could make adding shares worth considering. x.com  x.com 

Netflix has a second growth engine most people ignore, with advertising revenue doubling to $3 billion this year. Management guides 12-14% revenue growth at a 31.5% operating margin, and its content moat deepens every year it outspends everyone. x.com 

Netflix's earnings growth cannot keep relying on price increases or a one-time ad-tier rollout when future ad growth depends on impressions. The password-sharing crackdown, ad tier and repeated price hikes amid declining time spent signal a mature business; podcasts and live sports look like attempts to find another growth leg. There is no reason to own the stock beyond its discount to historical valuation, which it should command. x.com  x.com 

Netflix's improving engagement and record free-cash-flow yield make its continued stock decline look misplaced. Viewing hours rose 24% year over year; CEO Greg Peters said Q3 churn improved globally and in the US, beating forecasts. CFO Spence Neumann expects sustained double-digit revenue growth. x.com  x.com 

Netflix's long-term setup is highly asymmetric because the market is ignoring strong execution: the ad tier is scaling rapidly, free cash flow is massive, buybacks continue and valuation multiples have compressed. The stock has based off its $65 bottom, and an unfilled gap at $99-106 is a magnet likely to be filled eventually. Short-term action is choppy, but low sentiment is where the best accumulation zones form. x.com 

Netflix faces high costs to keep producing major hits, while live TV is expensive and competitive and viewing habits are changing rapidly. It remains a good business and the stock should eventually find support, but even after its decline it is not appealing at this level. x.com 

Netflix looks headed to $100 from $71 as subscriber growth stays strong and ad-tier revenue expands rapidly. Real wealth comes from buying in weeks like this, not at all-time highs. x.com