I've seen plenty of films that are meant as fantasies for targeted subgroups but which still had redeeming qualities - The Craft is perhaps the classic example of an unbearably-girly movie that gets better once the stakes are raised and people start dying. Jupiter Ascending makes absolutely no sense and its plot is nonsensical. And repeats itself. Also, it repeats itself. Repetitiously.
Sometimes mediocre creators happen to create something extraordinary in their first major project, and they get a reputation that their later efforts can't sustain. Think M. Night Shyamalan. With the Wachowskis, their post-The Matrix work has been pretty underwhelming IMO. They just happened to catch lightning in a bottle early-on.