Netflix just beat earnings and still got punished, losing nearly half its value over the past year while its margins quietly widened. Something in that math does not add up, and the answer shapes where the stock goes from here.

Our 24/7 Wall St. price target for Netflix ( NASDAQ:NFLX | NFLX Price Prediction ) is $78.99 over the next 12 months. Shares trade at $67.13, so the target means 17.7% upside. We rate Netflix a buy with high confidence.

24/7 Wall St. Price Target Summary

Metric Value

Current Price $67.13

Price Target from 24/7 Wall St. $78.99

Upside/Downside 17.7%

Recommendation BUY

Confidence Level 90%

After a year of questions, the market is pricing Netflix like a franchise whose growth is running out.…