Based on ratings from 10 stock analysts, the Cinemark Holdings Inc stock price is expected to decrease by 5.27% in 12 months. This is calculated by using the average 12-month stock price forecast for Cinemark Holdings Inc. The lowest target is $22 and the highest is $36. Please note analyst price targets are not guaranteed and could be missed completely.
About 10 Wall Street analysts have assignedCNK 6 buy ratings, 3 hold ratings, and 1 sell ratings. This means that analysts expect Cinemark Holdings Inc to buy. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNK. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CNK.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
James Goss Barrington Research | Outperform | $36 | Maintains | Nov 4, 2024 |
Michael Pachter Wedbush | Neutral | $32 | Downgrade | Nov 1, 2024 |
Omar Mejias Wells Fargo | Overweight | $35 | Maintains | Nov 1, 2024 |
Chad Beynon Macquarie | Outperform | $34 | Maintains | Nov 1, 2024 |
James Goss Barrington Research | Outperform | $36 | Upgrade | Oct 31, 2024 |
Michael Pachter Wedbush | Outperform | $32 | Maintains | Oct 29, 2024 |
David Karnovsky JP Morgan | Neutral | $29 | Maintains | Oct 14, 2024 |
Benjamin Swinburne Morgan Stanley | Overweight | $35 | Maintains | Oct 11, 2024 |
Omar Mejias Wells Fargo | Overweight | $31 | Maintains | Oct 10, 2024 |
Eric Handler Roth MKM | Buy | $33 | Maintains | Oct 10, 2024 |
Mike Burton Goldman Sachs | Sell | $20 | Maintains | Sep 19, 2024 |
Michael Pachter Wedbush | Outperform | $31 | Maintains | Sep 3, 2024 |
James Goss Barrington Research | Market Perform | Downgrade | Aug 28, 2024 | |
Eric Wold B. Riley Securities | Neutral | $31 | Downgrade | Aug 27, 2024 |
Benjamin Swinburne Morgan Stanley | Overweight | $29 | Maintains | Aug 5, 2024 |
James Goss Barrington Research | Outperform | $28 | Maintains | Aug 5, 2024 |
David Karnovsky JP Morgan | Neutral | $25 | Maintains | Aug 5, 2024 |
Eric Wold B. Riley Securities | Buy | $31 | Maintains | Aug 5, 2024 |
Eric Handler Roth MKM | Buy | $30 | Maintains | Aug 5, 2024 |
James Goss Barrington Research | Outperform | $24 | Maintains | Aug 2, 2024 |
When did it IPO
2007
Staff Count
8,976
Country
United States
Sector/Industry
Communication Services/Entertainment
CEO
Mr. Sean Gamble
Market Cap
$3.99B
In 2023, CNK generated $3.07B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CNK'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 - Cinemark Holdings (CNK) is being evaluated for its potential as a top stock pick among momentum investors. Further analysis is needed to determine its suitability.
Why It Matters - Cinemark Holdings' potential as a top stock pick indicates investor interest, possibly affecting share price and market perception in the entertainment sector.
Summary - Analysts suggest that theater chains should focus on a more diversified and consistent film slate to achieve success.
Why It Matters - A diversified film slate can drive ticket sales and stabilize revenue for theater chains, impacting their profitability and stock performance positively.
Summary - Cinemark (CNK) has reached a 52-week high; investor outlook on future gains will depend on the companyโs fundamentals.
Why It Matters - Cinemark's 52-week high signals strong market performance, prompting investors to evaluate fundamentals for potential future growth and sustainability of gains.
Summary - Zacks utilizes the Zacks Rank system, focusing on earnings estimates and revisions, while also monitoring value, growth, and momentum trends for stock selection.
Why It Matters - Zacks highlights the significance of earnings estimates and revisions, indicating potential stock performance. Staying updated on value, growth, and momentum trends can reveal strong investment opportunities.
Summary - "Wicked" and "Gladiator II" will release on the same day, followed by "Moana 2," potentially leading to a record-breaking Thanksgiving weekend for the movie theater industry.
Why It Matters - The simultaneous release of major films could drive ticket sales and boost theater revenues, signaling potential growth in the entertainment sector, which may positively impact stock valuations.
Summary - The films "Wicked," based on a popular musical, and "Gladiator II," a sequel to a successful epic, are set to premiere this Friday.
Why It Matters - Strong box office performances from 'Wicked' and 'Gladiator II' could boost revenues for studios and related sectors, impacting stock prices and investor sentiment in entertainment.