The analysis assesses Netflix's stock performance, noting a recent 5-day decline of 4.73% and a one-month decrease of 6%. However, year-to-date, the stock is up by 29%, and over five years, it has increased by 129%. The intrinsic value calculation estimates a fair value of $1,016 per share, compared to the current market price of $1,153. The company uses higher-than-expected revenue to generate better profitability with operating profit margins of 30%. Considering a margin of safety, the stock is fairly valued but slightly overvalued, not undervalued. Concerns that Elon Musk's call to cancel subscriptions could reduce customer count are mentioned.