AMC Networks (AMCX) Stock Forecast, Price Target & Predictions
AMCX Stock Forecast
AMC Networks stock forecast is as follows: an average price target of $10.00 (represents a 2.67% upside from AMCX’s last price of $9.74) 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 $10.00 based on 1-year price targets from 6 Wall Street analysts in the past 3 months, with a price target range of $11.00 to $9.00. This represents a potential 2.67% upside from AMCX's last price of $9.74.
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% | -7.60% |
| Oct 21, 2024 | David Joyce | Seaport Global | $11.00 | $7.66 | 43.60% | 12.94% |
| Dec 19, 2022 | Morgan Stanley | $19.00 | $16.07 | 18.23% | 95.07% | |
| Aug 08, 2022 | Wells Fargo | $27.00 | $28.93 | -6.67% | 177.21% | |
| Jul 26, 2022 | Goldman Sachs | $34.00 | $32.27 | 5.36% | 249.08% | |
| May 06, 2022 | Morgan Stanley | $40.00 | $32.09 | 24.63% | 310.68% |
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 -7.60% decrease from AMCX last price ($9.74).
AMC Networks Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $10.00 | $10.00 |
| Last Closing Price | $9.74 | $9.74 | $9.74 |
| Upside/Downside | -100.00% | 2.67% | 2.67% |
In the current month, the average price target of AMC Networks stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to AMC Networks's last price of $9.74. This month's average price target is down -100.00% compared to last quarter, and down -100.00% 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 | $609.43M | $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 | $620.46M | $629.06M | $615.92M | $616.05M | $624.13M | $628.21M | $616.76M | $618.66M | $625.66M | $631.40M | $615.09M | $617.68M | $625.93M | $629.97M | $616.82M | $613.79M | $621.32M | $587.61M | $601.41M | $601.74M | $681.60M | $686.26M | $719.53M | $704.43M | $944.46M | $781.91M | $774.35M | $758.05M | $754.82M | $706.06M |
| Low Forecast | $605.18M | $613.57M | $600.75M | $600.88M | $608.76M | $612.74M | $601.57M | $603.43M | $610.25M | $615.85M | $599.94M | $602.47M | $610.51M | $614.46M | $601.63M | $598.67M | $599.72M | $586.63M | $601.41M | $601.74M | $668.31M | $637.24M | $701.81M | $687.09M | $921.20M | $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 | 4 | 2 | 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 | 4 | 2 | 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 | $310.60M | $314.91M | $308.33M | $308.39M | $312.44M | $314.48M | $308.75M | $309.70M | $313.20M | $316.08M | $307.91M | $309.21M | $313.34M | $315.36M | $308.78M | $307.26M | $308.50M | $297.20M | $304.43M | $490.63M | $342.17M | $332.06M | $360.20M | $446.03M | $366.05M | $294.04M | $291.20M | $405.48M | $283.85M | $265.52M |
| High Forecast | $314.08M | $318.43M | $311.78M | $311.84M | $315.93M | $318.00M | $312.21M | $313.17M | $316.71M | $319.62M | $311.36M | $312.67M | $316.84M | $318.89M | $312.24M | $310.70M | $314.51M | $297.45M | $304.43M | $588.75M | $345.03M | $347.38M | $364.23M | $535.23M | $439.26M | $294.04M | $291.20M | $486.57M | $283.85M | $265.52M |
| Low Forecast | $306.34M | $310.59M | $304.10M | $304.16M | $308.15M | $310.17M | $304.52M | $305.45M | $308.91M | $311.74M | $303.69M | $304.97M | $309.04M | $311.04M | $304.55M | $303.05M | $303.58M | $296.95M | $304.43M | $392.50M | $338.30M | $322.57M | $355.26M | $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 $342.17M, with a high of $345.03M and a low of $338.30M. This is 19.68% 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 | 4 | 2 | 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 | $41.89M | $57.53M | $45.36M | $61.61M | $47.29M | $59.77M | $48.26M | $65.33M | $50.84M | $64.14M | $48.85M | $65.64M | $37.32M | $73.59M | $74.10M | $74.43M | $75.77M | $35.55M | $85.23M | $156.46M | $61.70M | $90.77M | $86.97M | $142.23M | $18.94M | $78.53M | $102.52M | $129.30M | $8.38M | $53.89M |
| Low Forecast | $40.55M | $55.69M | $43.91M | $59.64M | $45.78M | $57.87M | $46.72M | $63.25M | $49.22M | $62.09M | $47.29M | $63.55M | $36.13M | $71.24M | $71.74M | $72.05M | $41.60M | $34.42M | $85.22M | $104.31M | $11.38M | $39.39M | $84.19M | $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 | 4 | 2 | 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 | $162.71M | $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 | $165.66M | $167.95M | $164.44M | $164.48M | $166.64M | $167.73M | $164.67M | $165.18M | $167.04M | $168.58M | $164.22M | $164.91M | $167.12M | $168.20M | $164.69M | $163.88M | $165.89M | $156.89M | $160.57M | $346.37M | $181.98M | $183.22M | $192.11M | $314.88M | $312.99M | $208.76M | $206.74M | $286.26M | $201.53M | $188.51M |
| Low Forecast | $161.58M | $163.82M | $160.39M | $160.43M | $162.53M | $163.59M | $160.61M | $161.11M | $162.93M | $164.43M | $160.18M | $160.85M | $163.00M | $164.05M | $160.63M | $159.84M | $160.12M | $156.62M | $160.57M | $230.91M | $178.43M | $170.14M | $187.38M | $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 | 4 | 2 | 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 | $1.33 | $1.35 | $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 | $0.74 | $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).