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Netflix, Inc. (NASDAQ:NFLX) is one of the Best Long Term Growth Stocks to Invest In According to Billionaires. On April 5, Goldman Sachs upgraded the company’s stock to “Buy” from “Neutral”, increasing the 12-month price objective to $120 from the previous target of $100. As per the firm, the company’s stock offers a more positive risk/reward in the current trading juncture.

This upgrade comes off the back of a recent fall in Netflix, Inc. (NASDAQ:NFLX)’s stock, which was mainly because of the now-abandoned bid for the acquisition of Warner Bros. Discovery’s streaming and studio assets. Notably, Netflix, Inc. (NASDAQ:NFLX)’s stock saw a decline of ~18% over the past 6 months. The analysts at the firm opine that, since the company decided to walk away, it is now returning to the standalone execution story, amidst chances for a positive revision in the estimates. The firm’s analysts noted potential for strong capital returns.

Netflix, Inc. (NASDAQ:NFLX) is a California-based entertainment service provider.

While we acknowledge the potential of NFLX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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