From what 15 stock analysts predict, the share price for AMC Entertainment Holdings Inc (AMC) might increase by 4.74% in the next year. This is based on a 12-month average estimation for AMC. Price targets go from $3.2 to $8. The majority of stock analysts believe AMC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
AMC is a stock in Communication Services which has been forecasted to be worth $4.64 as an average. On the higher end, the forecast price is $8 USD by Meghan Durkin from Credit Suisse and on the lower end AMC is forecasted to be $3.2 by Jason Bazinet from Citigroup.
These are the latest 20 analyst ratings of AMC.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Morgan Stanley | Underweight | $10 | Maintains | Aug 12, 2024 |
Alicia Reese Wedbush | Neutral | $4 | Reiterates | Aug 5, 2024 |
Mike Hickey Benchmark | Hold | Reiterates | Aug 5, 2024 | |
Alicia Reese Wedbush | Neutral | $4 | Reiterates | Jul 25, 2024 |
Alicia Reese Wedbush | Neutral | $4 | Maintains | Jul 23, 2024 |
Chad Beynon Macquarie | Underperform | $4 | Maintains | Jul 9, 2024 |
Jason Bazinet Citigroup | Sell | $3.2 | Maintains | May 14, 2024 |
Alicia Reese Wedbush | Neutral | $3.5 | Maintains | May 9, 2024 |
Alicia Reese Wedbush | Neutral | $4 | Reiterates | Apr 29, 2024 |
Alicia Reese Wedbush | Neutral | $4 | Maintains | Apr 18, 2024 |
Alicia Reese Wedbush | Neutral | $6 | Reiterates | Feb 23, 2024 |
Eric Wold B. Riley Securities | Neutral | $12 | Maintains | Jan 2, 2024 |
Eric Handler Roth MKM | Sell | $5 | Maintains | Oct 17, 2023 |
Eric Wold B. Riley Securities | Neutral | $15 | Maintains | Oct 3, 2023 |
Jason Bazinet Citigroup | Sell | $4.75 | Maintains | Sep 26, 2023 |
Eric Wold B. Riley Securities | Neutral | $45 | Maintains | Sep 5, 2023 |
Meghan Durkin Credit Suisse | Underperform | $8 | Maintains | Sep 1, 2023 |
Wedbush | Neutral | Upgrade | Aug 24, 2023 | |
Citigroup | Sell | Maintains | Aug 18, 2023 | |
Roth MKM | Sell | Reiterates | Aug 16, 2023 |
When did it IPO
2013
Staff Count
2,881
Country
United States
Sector/Industry
Communication Services/Entertainment
CEO
Mr. Adam M. Aron
Market Cap
$1.60B
In 2023, AMC generated $4.81B in revenue, which was a increase of 23.04% from the previous year. This can be seen as a signal that AMC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - AMC shares rose in premarket trading after the company announced a reduction of nearly $153 million in its debt.
Why It Matters - AMC's reduction of $153 million in debt improves its financial health, potentially increasing profitability and investor confidence, which is reflected in the premarket rise of its shares.
Summary - GameStop, AMC, and Chewy have gained popularity among retail traders following Keith Gill's return to social media this summer.
Why It Matters - The return of "Roaring Kitty" could reignite interest in GameStop, AMC, and Chewy, potentially increasing volatility and trading volume, impacting stock prices and investment strategies.
Summary - AMC Entertainment (AMC) closed at $4.50, down 0.88% from the previous day's close.
Why It Matters - AMC's decline to $4.50 indicates investor sentiment may be weakening, potentially affecting future performance and market confidence in the company.
Summary - Zacks.com users are closely monitoring AMC Entertainment (AMC), indicating potential investor interest. Further analysis of the stock's prospects is warranted.
Why It Matters - Increased attention from Zacks.com users indicates growing interest in AMC Entertainment, potentially leading to increased trading volume and volatility, impacting stock performance.
Summary - AMC is concentrating on operational efficiency and innovative content, but faces challenges with a struggling North American box office.
Why It Matters - AMC's operational efficiency and innovative content may enhance profitability, but a struggling North American box office raises risks for revenue growth and overall financial health.
Summary - Major theater chains AMC, Regal, and Cinemark plan to invest over $2.2 billion in theater upgrades in the U.S. and Canada over the next three years, according to an industry group.
Why It Matters - The $2.2 billion investment in theater upgrades by major chains signals confidence in the recovery of cinema, potentially boosting future revenues and enhancing the entertainment sector's growth.