AMC Networks Inc. (AMCX)
NASDAQ: AMCX · Real-Time Price · USD
8.99
-0.11 (-1.21%)
Nov 19, 2024, 4:00 PM EST - Market closed
AMC Networks Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for AMC Networks stock have an average target of 9.33, with a low estimate of 8.00 and a high estimate of 11. The average target predicts an increase of 3.78% from the current stock price of 8.99.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for AMC Networks stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 1 | 1 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 0 | 0 |
| Sell | 3 | 3 | 3 | 3 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $10 → $9 | Sell | Maintains | $10 → $9 | +0.11% | Nov 12, 2024 |
| Seaport Global | Seaport Global | Hold → Strong Buy Upgrades $11 | Hold → Strong Buy | Upgrades | $11 | +22.36% | Oct 22, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $11 → $8 | Sell | Maintains | $11 → $8 | -11.01% | Aug 12, 2024 |
| Morgan Stanley | Morgan Stanley | Sell Maintains $12 → $11 | Sell | Maintains | $12 → $11 | +22.36% | Feb 12, 2024 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 12, 2023 |
Financial Forecast
Revenue This Year
2.48B
from 2.71B
Decreased by -8.44%
Revenue Next Year
2.43B
from 2.48B
Decreased by -2.09%
EPS This Year
4.91
from 4.90
Increased by 0.13%
EPS Next Year
4.26
from 4.91
Decreased by -13.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.6B | 2.6B | 2.6B | ||
| Avg | 2.5B | 2.4B | 2.4B | ||
| Low | 2.4B | 2.3B | 2.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | -4.8% | 4.5% | 7.0% | ||
| Avg | -8.4% | -2.1% | -0.6% | ||
| Low | -12.7% | -9.2% | -9.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 5.52 | 5.86 | 5.79 | ||
| Avg | 4.91 | 4.26 | 3.80 | ||
| Low | 4.05 | 2.31 | 1.94 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.7% | 19.4% | 35.8% | ||
| Avg | 0.1% | -13.2% | -10.8% | ||
| Low | -17.4% | -52.9% | -54.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.