AMC Networks (AMCX) Stock Forecast, Price Target & Predictions
AMCX Stock Forecast
AMC Networks stock forecast is as follows: an average price target of $20.25 (represents a 111.60% upside from AMCX’s last price of $9.57) and a rating consensus of 'Sell', based on 6 wall street analysts offering a 1-year stock forecast.
AMCX Price Target
The average price target for AMC Networks (AMCX) is $20.25 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $34.00 to $9.00. This represents a potential 111.60% upside from AMCX's last price of $9.57.
AMCX Analyst Ratings
According to 6 Wall Street analysts, AMC Networks's rating consensus is 'Sell'. The analyst rating breakdown for AMCX stock is 0 'Strong Buy' (0.00%), 2 'Buy' (33.33%), 1 'Hold' (16.67%), 3 'Sell' (50.00%), and 0 'Strong Sell' (0.00%).
AMC Networks Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 11, 2024 | Benjamin Swinburne | Morgan Stanley | $9.00 | $8.45 | 6.51% | -5.96% |
| Oct 21, 2024 | David Joyce | Seaport Global | $11.00 | $7.66 | 43.60% | 14.94% |
| Dec 19, 2022 | - | Morgan Stanley | $19.00 | $16.07 | 18.23% | 98.54% |
| Aug 08, 2022 | - | Wells Fargo | $27.00 | $28.93 | -6.67% | 182.13% |
| Jul 26, 2022 | - | Goldman Sachs | $34.00 | $32.27 | 5.36% | 255.28% |
| May 06, 2022 | - | Morgan Stanley | $40.00 | $32.09 | 24.63% | 317.97% |
The latest AMC Networks stock forecast, released on Nov 11, 2024 by Benjamin Swinburne from Morgan Stanley, set a price target of $9.00, which represents a 6.51% increase from the stock price at the time of the forecast ($8.45), and a -5.96% decrease from AMCX last price ($9.57).
AMC Networks Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 2 | 2 |
| Avg Price Target | $10.00 | $10.00 | $10.00 |
| Last Closing Price | $9.57 | $9.57 | $9.57 |
| Upside/Downside | 4.49% | 4.49% | 4.49% |
In the current month, the average price target of AMC Networks stock is $10.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 4.49% increase as opposed to AMC Networks's last price of $9.57. This month's average price target is down 0.00% compared to last quarter, and down 0.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Nov 11, 2024 | Morgan Stanley | Underweight | Underweight | Hold |
| Oct 22, 2024 | UBS | - | Buy | Upgrade |
| Oct 21, 2024 | Seaport Global | - | Buy | Upgrade |
| Feb 22, 2023 | Wells Fargo | Underweight | Underweight | Hold |
| Dec 19, 2022 | Morgan Stanley | Equal-Weight | Equal-Weight | Hold |
| Aug 08, 2022 | Wells Fargo | Market Underperform | Market Underperform | Hold |
| Jul 26, 2022 | Goldman Sachs | Neutral | Neutral | Hold |
| Feb 22, 2022 | Deutsche Bank | Sell | Sell | Hold |
AMC Networks's last stock rating was published by Morgan Stanley on Nov 11, 2024. The company gave AMCX a "Underweight" rating, the same as its previous rate.
AMC Networks Financial Forecast
AMC Networks Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $636.95M | $678.63M | $717.45M | $964.52M | $681.84M | $738.02M | $712.16M | $803.71M | $810.77M |
| Avg Forecast | $613.59M | $622.10M | $609.11M | $609.23M | $617.22M | $621.26M | $609.94M | $611.82M | $618.74M | $624.42M | $608.28M | $610.85M | $619.00M | $623.00M | $610.00M | $607.00M | $609.37M | $587.12M | $601.41M | $601.74M | $675.97M | $655.99M | $711.57M | $696.64M | $934.01M | $781.91M | $774.35M | $758.05M | $754.82M | $706.06M |
| High Forecast | $620.25M | $628.84M | $615.71M | $615.84M | $623.92M | $628.00M | $616.55M | $618.45M | $625.45M | $631.19M | $614.88M | $617.47M | $625.71M | $629.76M | $616.61M | $613.58M | $614.63M | $587.61M | $601.41M | $601.74M | $681.60M | $686.26M | $719.29M | $704.19M | $944.14M | $781.91M | $774.35M | $758.05M | $754.82M | $706.06M |
| Low Forecast | $605.05M | $613.44M | $600.63M | $600.75M | $608.63M | $612.61M | $601.45M | $603.30M | $610.13M | $615.73M | $599.82M | $602.35M | $610.38M | $614.33M | $601.51M | $598.55M | $599.81M | $586.63M | $601.41M | $601.74M | $668.31M | $637.24M | $701.67M | $686.94M | $921.01M | $781.91M | $774.35M | $758.05M | $754.82M | $706.06M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.97% | 0.95% | 1.03% | 1.03% | 0.87% | 0.95% | 0.94% | 1.06% | 1.15% |
AMC Networks's average Quarter revenue forecast for Dec 23 based on 3 analysts is $675.97M, with a low forecast of $668.31M, and a high forecast of $681.60M. AMCX's average Quarter revenue forecast represents a 6.12% increase compared to the company's last Quarter revenue of $636.95M (Sep 23).
AMC Networks EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $285.90M | $331.12M | $217.62M | $130.51M | $395.70M | $386.20M | $398.41M | $95.94M | $474.51M |
| Avg Forecast | $310.78M | $315.09M | $308.51M | $308.58M | $312.62M | $314.67M | $308.93M | $309.88M | $313.39M | $316.27M | $308.10M | $309.39M | $313.52M | $315.55M | $308.96M | $307.44M | $308.65M | $297.38M | $304.61M | $490.63M | $342.38M | $332.26M | $360.41M | $446.03M | $366.05M | $294.04M | $291.20M | $405.48M | $283.85M | $265.52M |
| High Forecast | $314.15M | $318.51M | $311.86M | $311.92M | $316.01M | $318.08M | $312.28M | $313.24M | $316.79M | $319.70M | $311.44M | $312.75M | $316.92M | $318.97M | $312.31M | $310.78M | $311.31M | $297.63M | $304.61M | $588.75M | $345.23M | $347.59M | $364.32M | $535.23M | $439.26M | $294.04M | $291.20M | $486.57M | $283.85M | $265.52M |
| Low Forecast | $306.46M | $310.71M | $304.22M | $304.28M | $308.27M | $310.29M | $304.63M | $305.57M | $309.03M | $311.86M | $303.81M | $305.09M | $309.16M | $311.16M | $304.66M | $303.17M | $303.80M | $297.13M | $304.61M | $392.50M | $338.50M | $322.76M | $355.39M | $356.82M | $292.84M | $294.04M | $291.20M | $324.38M | $283.85M | $265.52M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.86% | 0.92% | 0.49% | 0.36% | 1.35% | 1.33% | 0.98% | 0.34% | 1.79% |
3 analysts predict AMCX's average Quarter EBITDA for Dec 23 to be $342.38M, with a high of $345.23M and a low of $338.50M. This is 19.76% upper than AMC Networks's previous annual EBITDA (Sep 23) of $285.90M.
AMC Networks Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $63.42M | $70.24M | $103.61M | $-279.42M | $84.67M | $83.43M | $104.19M | $24.03M | $110.65M |
| Avg Forecast | $41.29M | $56.70M | $44.71M | $60.73M | $46.61M | $58.92M | $47.56M | $64.40M | $50.11M | $63.22M | $48.15M | $64.70M | $36.78M | $72.53M | $73.04M | $73.36M | $58.68M | $35.04M | $85.23M | $130.38M | $38.34M | $73.07M | $85.72M | $118.53M | $15.78M | $78.53M | $102.52M | $107.75M | $8.38M | $52.41M |
| High Forecast | $41.87M | $57.50M | $45.34M | $61.58M | $47.27M | $59.75M | $48.23M | $65.31M | $50.82M | $64.11M | $48.83M | $65.61M | $37.30M | $73.55M | $74.07M | $74.39M | $70.04M | $35.54M | $85.23M | $156.46M | $61.70M | $90.77M | $86.93M | $142.23M | $18.94M | $78.53M | $102.52M | $129.30M | $8.38M | $53.89M |
| Low Forecast | $40.54M | $55.68M | $43.90M | $59.63M | $45.77M | $57.85M | $46.70M | $63.23M | $49.21M | $62.07M | $47.28M | $63.53M | $36.12M | $71.22M | $71.72M | $72.03M | $45.43M | $34.41M | $85.22M | $104.31M | $11.38M | $39.39M | $84.17M | $94.82M | $12.63M | $78.53M | $102.52M | $86.20M | $8.38M | $50.92M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.82% | 0.87% | -17.70% | 1.08% | 0.81% | 0.97% | 2.87% | 2.11% |
AMC Networks's average Quarter net income forecast for Dec 23 is $38.34M, with a range of $11.38M to $61.70M. AMCX's average Quarter net income forecast represents a -39.55% decrease compared to the company's last Quarter net income of $63.42M (Sep 23).
AMC Networks SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $187.23M | $194.30M | $185.61M | $226.37M | $207.97M | $231.82M | $230.65M | $281.57M | $220.01M |
| Avg Forecast | $163.82M | $166.09M | $162.62M | $162.66M | $164.79M | $165.87M | $162.85M | $163.35M | $165.20M | $166.71M | $162.41M | $163.09M | $165.27M | $166.33M | $162.86M | $162.06M | $162.70M | $156.76M | $160.57M | $288.64M | $180.48M | $175.14M | $189.98M | $262.40M | $260.82M | $208.76M | $206.74M | $238.55M | $201.53M | $188.51M |
| High Forecast | $165.60M | $167.89M | $164.39M | $164.42M | $166.58M | $167.67M | $164.61M | $165.12M | $166.99M | $168.52M | $164.17M | $164.86M | $167.06M | $168.14M | $164.63M | $163.82M | $164.10M | $156.89M | $160.57M | $346.37M | $181.98M | $183.22M | $192.04M | $314.88M | $312.99M | $208.76M | $206.74M | $286.26M | $201.53M | $188.51M |
| Low Forecast | $161.54M | $163.78M | $160.36M | $160.39M | $162.50M | $163.56M | $160.58M | $161.08M | $162.90M | $164.39M | $160.15M | $160.82M | $162.97M | $164.02M | $160.60M | $159.81M | $160.14M | $156.62M | $160.57M | $230.91M | $178.43M | $170.14M | $187.34M | $209.92M | $208.66M | $208.76M | $206.74M | $190.84M | $201.53M | $188.51M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.07% | 1.02% | 0.71% | 0.87% | 1.00% | 1.12% | 0.97% | 1.40% | 1.17% |
AMC Networks's average Quarter SG&A projection for Dec 23 is $180.48M, based on 3 Wall Street analysts, with a range of $178.43M to $181.98M. The forecast indicates a -3.61% fall compared to AMCX last annual SG&A of $187.23M (Sep 23).
AMC Networks EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 4 | 1 | 1 | 3 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.44 | $1.60 | $2.55 | $-6.45 | $1.96 | $1.93 | $2.44 | $0.57 | $2.60 |
| Avg Forecast | $0.74 | $1.01 | $0.80 | $1.08 | $0.83 | $1.05 | $0.85 | $1.15 | $0.89 | $1.13 | $0.86 | $1.15 | $0.66 | $1.29 | $1.30 | $1.31 | $1.05 | $0.62 | $1.52 | $1.66 | $0.68 | $1.30 | $1.53 | $1.87 | $1.02 | $1.77 | $2.31 | $2.63 | $0.19 | $1.18 |
| High Forecast | $0.75 | $1.02 | $0.81 | $1.10 | $0.84 | $1.06 | $0.86 | $1.16 | $0.91 | $1.14 | $0.87 | $1.17 | $0.66 | $1.31 | $1.32 | $1.32 | $1.25 | $0.63 | $1.52 | $1.69 | $1.10 | $1.62 | $1.55 | $1.89 | $1.04 | $1.77 | $2.31 | $2.63 | $0.19 | $1.21 |
| Low Forecast | $0.72 | $0.99 | $0.78 | $1.06 | $0.82 | $1.03 | $0.83 | $1.13 | $0.88 | $1.11 | $0.84 | $1.13 | $0.64 | $1.27 | $1.28 | $1.28 | $0.81 | $0.61 | $1.52 | $1.62 | $0.20 | $0.70 | $1.50 | $1.83 | $1.00 | $1.77 | $2.31 | $2.63 | $0.19 | $1.15 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 1.05% | 1.37% | -6.32% | 1.11% | 0.84% | 0.93% | 3.02% | 2.21% |
According to 3 Wall Street analysts, AMC Networks's projected average Quarter EPS for Dec 23 is $0.68, with a low estimate of $0.20 and a high estimate of $1.10. This represents a -52.58% decrease compared to AMCX previous annual EPS of $1.44 (Sep 23).