Is Netflix a Good Buy? After 10 Years of Covering NFLX, Here's My Honest Answer.

Netflix stock has pulled back over 40% from its June 2025 record high of $133.91 to around $77, facing challenges including slowing revenue growth (expected 11.7% YoY in Q3), market saturation, negative free cash flow, and tough year-over-year comparisons from 2025 hits. However, the analyst views the pullback as a potential buying opportunity, noting Netflix's reasonable valuation at 21x next year's earnings, 300+ million subscribers, and expected 12% revenue and 22% EPS growth through 2028, though future gains likely won't match the past decade's 670% rally.