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Cinemark (CNK) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

CNK Stock Forecast

Cinemark stock forecast is as follows: an average price target of $29.80 (represents a -3.34% downside from CNK’s last price of $30.83) and a rating consensus of 'Buy', based on 18 wall street analysts offering a 1-year stock forecast.

CNK Price Target

The average price target for Cinemark (CNK) is $29.80 based on 1-year price targets from 18 Wall Street analysts in the past 3 months, with a price target range of $35.00 to $25.00. This represents a potential -3.34% downside from CNK's last price of $30.83.

CNK Analyst Ratings

Buy

According to 18 Wall Street analysts, Cinemark's rating consensus is 'Buy'. The analyst rating breakdown for CNK stock is 0 'Strong Buy' (0.00%), 10 'Buy' (55.56%), 6 'Hold' (33.33%), 2 'Sell' (11.11%), and 0 'Strong Sell' (0.00%).

Cinemark Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 11, 2024Benjamin SwinburneMorgan Stanley$35.00$28.6322.25%13.53%
Aug 05, 2024David KarnovskyJ.P. Morgan$25.00$25.34-1.32%-18.91%
Aug 05, 2024Chad BeynonMacquarie$30.00$25.1419.31%-2.69%
Aug 05, 2024James GossBarrington$28.00$24.8212.81%-9.18%
Aug 05, 2024Eric WoldB.Riley Financial$31.00$25.2422.82%0.55%
Aug 05, 2024Benjamin SwinburneMorgan Stanley$29.00$24.8516.70%-5.94%
Jul 18, 2024Benjamin SwinburneMorgan Stanley$26.00$21.5520.62%-15.67%
Jul 08, 2024Eric WoldB.Riley Financial$27.00$21.5125.52%-12.42%
Apr 10, 2024Eric HandlerRoth Capital$19.00$19.08-0.42%-38.37%
Apr 05, 2024Omar MejiasWells Fargo$23.00$18.7622.60%-25.40%
Oct 17, 2023Eric HandlerRoth Capital$20.00$16.5021.21%-35.13%
Jul 12, 2023Eric WoldB.Riley Financial$23.00$16.4040.27%-25.40%
May 08, 2023Douglas MitchelsonCredit Suisse$14.00$16.70-16.17%-54.59%
Aug 24, 2022Alicia ReeseWedbush$22.00$15.4342.58%-28.64%
Jul 19, 2022Benjamin SwinburneMorgan Stanley$22.00$16.6432.21%-28.64%
May 10, 2021Mike HickeyBenchmark Co.$32.00$21.4948.91%3.80%

The latest Cinemark stock forecast, released on Oct 11, 2024 by Benjamin Swinburne from Morgan Stanley, set a price target of $35.00, which represents a 22.25% increase from the stock price at the time of the forecast ($28.63), and a 13.53% increase from CNK last price ($30.83).

Cinemark Price Target by Period

1M3M12M
# Anlaysts-110
Avg Price Target-$35.00$27.30
Last Closing Price$30.83$30.83$30.83
Upside/Downside-100.00%13.53%-11.45%

In the current month, the average price target of Cinemark stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Cinemark's last price of $30.83. 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

DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024Piper SandlerNeutralNeutralHold
Oct 11, 2024Morgan StanleyOverweightNeutralDowngrade
Oct 11, 2024Wells FargoOutperformOutperformHold
Oct 11, 2024Morgan StanleyOverweightOverweightHold
Oct 10, 2024Wells FargoOverweightOverweightHold
Sep 30, 2024BenchmarkBuyBuyHold
Sep 03, 2024WedbushOutperformOutperformHold
Aug 27, 2024CitigroupBuySellDowngrade
Aug 27, 2024Alembic GlobalNeutralDowngrade
Aug 27, 2024B. RileyOutperformNeutralDowngrade
Aug 05, 2024B. Riley SecuritiesBuyBuyHold
Aug 05, 2024B. RileyOutperformOutperformHold
Aug 05, 2024MacquarieOutperformOutperformHold
Aug 05, 2024B. RileyBuyBuyHold
Jul 18, 2024Morgan StanleyOverweightOverweightHold
Jul 09, 2024MacquarieOutperformOutperformHold
Jul 08, 2024National Securities CorporationBuyUpgrade
Jul 08, 2024B. RileyBuyOutperformUpgrade
Jul 08, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
Jul 08, 2024B. Riley SecuritiesBuyUpgrade
Jul 08, 2024B. RileyBuyUpgrade
Apr 18, 2024WedbushOutperformOutperformHold
Apr 05, 2024Wells FargoUnderweightOverweightUpgrade
Feb 16, 2024BenchmarkBuyBuyHold
Feb 16, 2024Goldman SachsSellSellHold
Dec 20, 2023Wells FargoEqual-WeightUnderweightDowngrade
Oct 06, 2023BenchmarkBuyBuyHold
Jul 19, 2023NeedhamNeutralDowngrade
Jul 10, 2023BenchmarkBuyBuyHold
Jun 14, 2023BTIGBuyInitialise
Jun 14, 2023BNP ParibasOverweightInitialise
May 08, 2023Credit SuisseNeutralNeutralHold
Apr 21, 2023Goldman SachsSellSellHold
Feb 22, 2023Credit SuisseReduceNeutralUpgrade
Oct 13, 2022Credit SuisseUnderperformReduceDowngrade
Oct 12, 2022Credit SuisseBuyUnderperformDowngrade
Oct 12, 2022Credit SuisseBuyDowngrade
Oct 12, 2022CitigroupBuyInitialise
Oct 12, 2022JefferiesBuyInitialise
Jul 19, 2022Morgan StanleyOverweightEqual-WeightUpgrade
Jul 19, 2022Morgan StanleyOverweightUpgrade
Feb 28, 2022Wells FargoEqual-WeightEqual-WeightHold

Cinemark's last stock rating was published by Piper Sandler on Oct 11, 2024. The company gave CNK a "Neutral" rating, the same as its previous rate.

Cinemark Financial Forecast

Cinemark Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue-------------$874.80M-$610.70M$599.70M$650.40M$744.10M$460.50M$666.63M$434.82M$294.65M$114.36M$98.24M$35.48M$8.97M$543.62M$788.80M$821.82M
Avg Forecast$910.73M$1.00B$906.73M$716.36M$864.86M$943.61M$849.35M$666.78M$780.75M$894.90M$694.44M$561.91M$619.67M$845.61M$870.21M$563.31M$584.88M$615.09M$735.41M$447.25M$601.32M$428.58M$255.81M$92.60M$79.76M$87.00M$5.39M$556.55M$799.05M$807.18M
High Forecast$966.17M$1.06B$961.93M$759.96M$917.51M$1.00B$901.05M$683.56M$826.53M$933.73M$695.79M$561.91M$628.17M$906.78M$923.18M$597.60M$620.48M$615.09M$735.41M$447.25M$601.32M$428.58M$255.81M$92.60M$79.76M$87.00M$5.39M$556.55M$799.05M$807.18M
Low Forecast$865.69M$952.46M$861.89M$680.93M$822.08M$896.94M$807.34M$653.81M$748.05M$856.06M$693.09M$561.91M$611.47M$759.83M$827.16M$535.45M$555.95M$615.09M$735.41M$447.25M$601.32M$428.58M$255.81M$92.60M$79.76M$87.00M$5.39M$556.55M$799.05M$807.18M
# Analysts222211147333685443435454510101099
Surprise %-------------1.03%-1.08%1.03%1.06%1.01%1.03%1.11%1.01%1.15%1.23%1.23%0.41%1.66%0.98%0.99%1.02%

Cinemark's average Quarter revenue forecast for Dec 23 based on 6 analysts is $619.67M, with a low forecast of $611.47M, and a high forecast of $628.17M. CNK's average Quarter revenue forecast represents a -29.16% decrease compared to the company's last Quarter revenue of $874.80M (Sep 23).

Cinemark EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211147333685443435454510101099
EBITDA-------------$125.40M-$94.20M$73.60M$103.80M$131.40M$21.20M$111.59M$24.44M$-24.60M$-112.34M$-214.38M$-163.72M$-170.65M$33.11M$145.80M$142.80M
Avg Forecast$-53.02M$-58.33M$-52.78M$-41.70M$-50.35M$-54.93M$-49.44M$-38.82M$-45.45M$-52.09M$-40.43M$40.79M$-36.07M$-49.23M$-50.66M$37.08M$302.96M$8.46M$10.11M$29.31M$8.27M$5.89M$3.52M$-90.02M$1.10M$1.20M$-188.55M$7.65M$10.98M$11.10M
High Forecast$-50.39M$-55.45M$-50.17M$-39.64M$-47.86M$-52.21M$-47.00M$-38.06M$-43.55M$-49.83M$-40.35M$48.94M$-35.60M$-44.23M$-48.15M$44.49M$363.55M$8.46M$10.11M$35.17M$8.27M$5.89M$3.52M$-72.02M$1.10M$1.20M$-150.84M$7.65M$10.98M$11.10M
Low Forecast$-56.24M$-61.88M$-56.00M$-44.24M$-53.41M$-58.27M$-52.45M$-39.79M$-48.11M$-54.36M$-40.50M$32.63M$-36.57M$-52.79M$-53.74M$29.66M$242.37M$8.46M$10.11M$23.45M$8.27M$5.89M$3.52M$-108.03M$1.10M$1.20M$-226.27M$7.65M$10.98M$11.10M
Surprise %--------------2.55%-2.54%0.24%12.28%13.00%0.72%13.50%4.15%-7.00%1.25%-195.52%-136.88%0.91%4.33%13.27%12.87%

6 analysts predict CNK's average Quarter EBITDA for Dec 23 to be $-36.07M, with a high of $-35.60M and a low of $-36.57M. This is -128.77% lower than Cinemark's previous annual EBITDA (Sep 23) of $125.40M.

Cinemark Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211147333685443435454510101099
Net Income-------------$90.20M-$-2.50M$-98.80M$-23.90M$-72.80M$-72.50M$6.48M$-77.81M$-142.47M$-208.24M$-239.26M$-147.59M$-170.39M$-59.59M$26.33M$31.35M
Avg Forecast$93.14M$110.72M$120.86M$40.08M$89.75M$102.55M$87.92M$22.56M$56.97M$92.05M$13.45M$-101.28M$-10.78M$64.55M$85.36M$-92.08M$15.58M$-25.22M$34.53M$-72.79M$-20.29M$-90.60M$-168.71M$-166.88M$-224.61M$-206.36M$-188.27M$-25.23M$66.31M$74.48M
High Forecast$100.51M$119.49M$130.42M$43.25M$96.85M$110.66M$94.88M$22.56M$98.60M$99.33M$14.52M$-81.03M$-673.85K$85.02M$92.12M$-73.66M$18.70M$-25.22M$34.53M$-58.23M$-20.29M$-90.60M$-168.71M$-133.50M$-224.61M$-206.36M$-150.62M$-25.23M$66.31M$74.48M
Low Forecast$87.15M$103.60M$113.09M$37.50M$83.98M$95.95M$82.27M$22.56M$-63.54M$86.13M$12.59M$-121.54M$-42.45M$25.19M$79.87M$-110.49M$12.46M$-25.22M$34.53M$-87.34M$-20.29M$-90.60M$-168.71M$-200.25M$-224.61M$-206.36M$-225.92M$-25.23M$66.31M$74.48M
Surprise %-------------1.40%-0.03%-6.34%0.95%-2.11%1.00%-0.32%0.86%0.84%1.25%1.07%0.72%0.91%2.36%0.40%0.42%

Cinemark's average Quarter net income forecast for Dec 23 is $-10.78M, with a range of $-42.45M to $-673.85K. CNK's average Quarter net income forecast represents a -111.95% decrease compared to the company's last Quarter net income of $90.20M (Sep 23).

Cinemark SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211147333685443435454510101099
SG&A-------------$48.20M-$316.00M$-87.40M$329.70M$335.20M$281.10M$303.00M$256.70M$216.14M$181.00M$172.65M$160.98M$136.94M$311.33M$349.22M$359.29M
Avg Forecast$476.33M$524.08M$474.24M$374.67M$452.34M$493.52M$444.23M$348.74M$408.35M$468.05M$363.20M$384.74M$324.10M$442.27M$455.13M$349.76M$305.90M$321.70M$384.63M$276.49M$314.50M$224.15M$133.79M$48.43M$41.72M$45.50M$2.82M$291.09M$417.92M$422.17M
High Forecast$505.32M$555.98M$503.11M$397.47M$479.87M$523.57M$471.27M$357.51M$432.29M$488.36M$363.91M$461.69M$328.54M$474.26M$482.84M$419.71M$324.52M$321.70M$384.63M$331.79M$314.50M$224.15M$133.79M$48.43M$41.72M$45.50M$2.82M$291.09M$417.92M$422.17M
Low Forecast$452.77M$498.15M$450.78M$356.14M$429.96M$469.11M$422.25M$341.95M$391.24M$447.74M$362.50M$307.79M$319.81M$397.40M$432.62M$279.81M$290.77M$321.70M$384.63M$221.19M$314.50M$224.15M$133.79M$48.43M$41.72M$45.50M$2.82M$291.09M$417.92M$422.17M
Surprise %-------------0.11%-0.90%-0.29%1.02%0.87%1.02%0.96%1.15%1.62%3.74%4.14%3.54%48.55%1.07%0.84%0.85%

Cinemark's average Quarter SG&A projection for Dec 23 is $324.10M, based on 6 Wall Street analysts, with a range of $319.81M to $328.54M. The forecast indicates a 572.41% rise compared to CNK last annual SG&A of $48.20M (Sep 23).

Cinemark EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts222211147333685443435454510101099
EPS-------------$0.76-$-0.02$-0.82$-0.20$-0.62$-0.61$0.06$-0.65$-1.19$-1.75$-2.05$-1.25$-1.45$-0.51$0.22$0.27
Avg Forecast$0.59$0.70$0.76$0.25$0.57$0.65$0.56$0.14$0.36$0.58$0.09$-0.18$-0.07$0.41$0.54$-0.29$-0.33$-0.16$0.23$-0.63$-0.13$-0.59$-1.10$-1.46$-1.46$-1.35$-1.61$-0.16$0.43$0.49
High Forecast$0.64$0.76$0.82$0.27$0.61$0.70$0.60$0.14$0.62$0.63$0.09$-0.16$-0.00$0.54$0.58$-0.27$-0.31$-0.16$0.23$-0.63$-0.13$-0.59$-1.10$-1.46$-1.46$-1.35$-1.61$-0.16$0.43$0.49
Low Forecast$0.55$0.65$0.71$0.24$0.53$0.61$0.52$0.14$-0.40$0.54$0.08$-0.19$-0.27$0.16$0.50$-0.31$-0.36$-0.16$0.23$-0.63$-0.13$-0.59$-1.10$-1.46$-1.46$-1.35$-1.61$-0.16$0.43$0.49
Surprise %-------------1.86%-0.07%2.49%1.22%-2.75%0.98%-0.43%1.10%1.08%1.20%1.40%0.93%0.90%3.10%0.51%0.56%

According to 6 Wall Street analysts, Cinemark's projected average Quarter EPS for Dec 23 is $-0.07, with a low estimate of $-0.27 and a high estimate of $-0.00. This represents a -108.97% decrease compared to CNK previous annual EPS of $0.76 (Sep 23).

Cinemark Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
LGF-ALions Gate Entertainment$7.93$11.7548.17%Buy
RSVRReservoir Media$9.28$11.5023.92%Buy
MCSMarcus$21.73$26.0019.65%Buy
AMCAMC Entertainment$4.25$5.0719.29%Hold
MSGSMadison Square Garden Sports$232.31$277.0019.24%Buy
NXSTNexstar Media Group$161.46$192.0018.91%Buy
SBGISinclair Broadcast Group$17.07$19.0011.31%Buy
WMGWarner Music Group$31.94$34.608.33%Buy
IMAXIMAX$25.30$25.601.19%Buy
PARAParamount Global$10.81$10.50-2.87%Hold
FWONAFormula One Group$85.52$83.00-2.95%Buy
CNKCinemark$31.56$29.80-5.58%Buy
ROKURoku$83.39$78.38-6.01%Buy
NFLXNetflix$919.13$787.05-14.37%Buy

CNK Forecast FAQ

Is Cinemark a good buy?

Yes, according to 18 Wall Street analysts, Cinemark (CNK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 10 'Buy' recommendations, accounting for 55.56% of CNK's total ratings.

What is CNK's price target?

Cinemark (CNK) average price target is $29.8 with a range of $25 to $35, implying a -3.34% from its last price of $30.83. The data is based on 18 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Cinemark stock go up soon?

According to Wall Street analysts' prediction for CNK stock, the company can go down by -3.34% (from the last price of $30.83 to the average price target of $29.8), up by 13.53% based on the highest stock price target, and down by -18.91% based on the lowest stock price target.

Can Cinemark stock reach $50?

CNK's average twelve months analyst stock price target of $29.8 does not support the claim that Cinemark can reach $50 in the near future.

What are Cinemark's analysts' financial forecasts?

Cinemark's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.32B (high $3.5B, low $3.18B), average EBITDA is $-194M (high $-185M, low $-204M), average net income is $302.77M (high $324.95M, low $284.76M), average SG&A $1.74B (high $1.83B, low $1.66B), and average EPS is $1.91 (high $2.05, low $1.8). CNK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $3.54B (high $3.75B, low $3.36B), average EBITDA is $-206M (high $-196M, low $-218M), average net income is $364.8M (high $393.67M, low $341.34M), average SG&A $1.85B (high $1.96B, low $1.76B), and average EPS is $2.31 (high $2.49, low $2.16).

Did the CNK's actual financial results beat the analysts' financial forecasts?

Based on Cinemark's last annual report (Dec 2022), the company's revenue was $2.45B, beating the average analysts forecast of $2.38B by 3.02%. Apple's EBITDA was $330M, missing the average prediction of $350.84M by -5.94%. The company's net income was $-268M, beating the average estimation of $-47.896M by 459.54%. Apple's SG&A was $858.6M, missing the average forecast of $1.29B by -33.38%. Lastly, the company's EPS was $-2.27, beating the average prediction of $-0.894 by 153.92%. In terms of the last quarterly report (Sep 2023), Cinemark's revenue was $874.8M, beating the average analysts' forecast of $845.61M by 3.45%. The company's EBITDA was $125.4M, missing the average prediction of $-49.225M by -354.75%. Cinemark's net income was $90.2M, beating the average estimation of $64.55M by 39.73%. The company's SG&A was $48.2M, missing the average forecast of $442.27M by -89.10%. Lastly, the company's EPS was $0.76, beating the average prediction of $0.408 by 86.26%