Things haven’t been pretty for Netflix (NFLX) investors this year. The stock is down over 28% this year and is trading near its 52-week lows. Based on last week’s closing price, NFLX trades at exactly half of its all-time high of $134.12 that it hit in June last year. Meanwhile, at least one Wall Street analyst believes the stock can reclaim that level over the next year. In this article, we’ll examine Netflix's 2027 forecast and analyze whether it can really double in 2027.