You're Staring At Netflix's Elite Entry Point (Rating Upgrade)
Netflix is rated Strong Buy, with the stock down 42% from highs, creating an elite entry point. Management's pivot to an ad-based tier and attention monetization is expected to drive durable, exponential long-term growth. Despite sector-premium multiples, NFLX trades at a discount to its historical valuation and offers asymmetric upside with 12-18 month price targets of $112–$140.