AMC Networks Inc. (AMCX)
NASDAQ: AMCX · IEX Real-Time Price · USD
11.33
-0.17 (-1.48%)
Apr 25, 2024, 4:00 PM EDT - Market closed
AMC Networks Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for AMC Networks stock have an average target of 11.75, with a low estimate of 10 and a high estimate of 14. The average target predicts an increase of 3.71% from the current stock price of 11.33.
Analyst Consensus: Sell
* Price targets were last updated on Feb 12, 2024.
Analyst Ratings
The average analyst rating for AMC Networks stock from 5 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 1 | 2 | 2 | 2 | 2 | 2 |
| Sell | 3 | 3 | 3 | 3 | 3 | 3 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Morgan Stanley | Morgan Stanley | Sell Maintains $12 → $11 | Sell | Maintains | $12 → $11 | -2.91% | Feb 12, 2024 |
| Seaport Global | Seaport Global | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 12, 2023 |
| Goldman Sachs | Goldman Sachs | Hold Maintains $20 → $14 | Hold | Maintains | $20 → $14 | +23.57% | Oct 20, 2023 |
| Seaport Global | Seaport Global | Strong Buy Initiates $16 | Strong Buy | Initiates | $16 | +41.22% | Oct 6, 2023 |
| JP Morgan | JP Morgan | Sell Maintains $18 → $12 | Sell | Maintains | $18 → $12 | +5.91% | Aug 18, 2023 |
Financial Forecast
Revenue This Year
2.48B
from 2.71B
Decreased by -8.59%
Revenue Next Year
2.44B
from 2.48B
Decreased by -1.61%
EPS This Year
5.70
from 4.90
Increased by 16.34%
EPS Next Year
5.28
from 5.70
Decreased by -7.40%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 2.7B | 2.6B | 2.6B | 2.7B |
| Avg | 2.5B | 2.4B | 2.4B | 2.6B |
| Low | 2.4B | 2.3B | 2.2B | 2.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | -1.9% | 4.2% | 4.8% | 10.4% |
| Avg | -8.6% | -1.6% | -1.1% | 7.2% |
| Low | -13.2% | -7.8% | -9.4% | 3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 8.11 | 8.36 | 8.13 | 9.24 |
| Avg | 5.70 | 5.28 | 5.22 | 8.98 |
| Low | 3.64 | 2.64 | 3.43 | 8.62 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 65.4% | 46.6% | 53.9% | 76.9% |
| Avg | 16.3% | -7.4% | -1.1% | 71.8% |
| Low | -25.8% | -53.8% | -35.0% | 65.1% |
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.