Is Netflix Stock Cheap Enough Yet?

Investors have watched Netflix (NFLX) stock lose 40% over the past twelve months, a period where the S&P 500 returned 17.1%. The shares are still sliding, down 7.6% in just the last three months. Furthermore, company executives acknowledged in an interview reported on October 1, 2026, that Netflix is not growing as fast as it wants. Is it still too early to buy, or does today's price already allow for slower growth.