Core Viewpoint - MoffettNathanson maintains a Buy rating and a $1,400 price target on Netflix Inc., suggesting that recent share price weakness offers an attractive entry point as the company's growth opportunities remain strong [1]. Group 1: Market Sentiment and Concerns - The post-third-quarter selloff of Netflix has reignited discussions regarding the company's long-term growth trajectory, with concerns focusing on slowing engagement growth, potential content depth issues, and increased reliance on licensed programming amid possible industry consolidation [2]. Group 2: Growth Potential - Analysts assert that Netflix continues to demonstrate strong potential for sustainable engagement growth through original content and live programming, including sports [3]. - There are significant monetization opportunities through the advertising tier and broader platform expansion [3]. Group 3: Financial Projections - MoffettNathanson anticipates that faster growth could be achieved through more aggressive ad-tier pricing and improved ad monetization via Netflix Ads Suite and third-party DSP integrations. An increase of $1 in global ad-tier ARM metrics for 2027 could enhance total ad-tier revenue by 16% and raise earnings estimates by up to 9% [4]. - The brokerage's $1,400 price target reflects a 36.4x multiple on its 2027 EPS estimate and a PEG ratio of 1.47, which is below the S&P 500 average [4].