Cinemark (CNK) Stock Forecast, Price Target & Predictions
CNK Stock Forecast
Cinemark stock forecast is as follows: an average price target of $25.90 (represents a -21.01% downside from CNK’s last price of $32.79) 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 $25.90 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 $14.00. This represents a potential -21.01% downside from CNK's last price of $32.79.
CNK Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 11, 2024 | Benjamin Swinburne | Morgan Stanley | $35.00 | $28.63 | 22.25% | 6.74% |
| Aug 05, 2024 | David Karnovsky | J.P. Morgan | $25.00 | $25.34 | -1.32% | -23.76% |
| Aug 05, 2024 | Chad Beynon | Macquarie | $30.00 | $25.14 | 19.31% | -8.51% |
| Aug 05, 2024 | James Goss | Barrington | $28.00 | $24.82 | 12.81% | -14.61% |
| Aug 05, 2024 | Eric Wold | B.Riley Financial | $31.00 | $25.24 | 22.82% | -5.46% |
| Aug 05, 2024 | Benjamin Swinburne | Morgan Stanley | $29.00 | $24.85 | 16.70% | -11.56% |
| Jul 18, 2024 | Benjamin Swinburne | Morgan Stanley | $26.00 | $21.55 | 20.62% | -20.71% |
| Jul 08, 2024 | Eric Wold | B.Riley Financial | $27.00 | $21.51 | 25.52% | -17.66% |
| Apr 10, 2024 | Eric Handler | Roth Capital | $19.00 | $19.08 | -0.42% | -42.06% |
| Apr 05, 2024 | Omar Mejias | Wells Fargo | $23.00 | $18.76 | 22.60% | -29.86% |
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 6.74% increase from CNK last price ($32.79).
Cinemark Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 1 | 10 |
| Avg Price Target | - | $35.00 | $27.30 |
| Last Closing Price | $32.79 | $32.79 | $32.79 |
| Upside/Downside | -100.00% | 6.74% | -16.74% |
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 $32.79. 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 |
|---|---|---|---|---|
| Oct 11, 2024 | Piper Sandler | Neutral | Neutral | Hold |
| Oct 11, 2024 | Morgan Stanley | Overweight | Neutral | Downgrade |
| Oct 11, 2024 | Wells Fargo | Outperform | Outperform | Hold |
| Oct 11, 2024 | Morgan Stanley | Overweight | Overweight | Hold |
| Oct 10, 2024 | Wells Fargo | Overweight | Overweight | Hold |
| Sep 30, 2024 | Benchmark | Buy | Buy | Hold |
| Sep 03, 2024 | Wedbush | Outperform | Outperform | Hold |
| Aug 27, 2024 | Citigroup | Buy | Sell | Downgrade |
| Aug 27, 2024 | Alembic Global | - | Neutral | Downgrade |
| Aug 27, 2024 | B. Riley | Outperform | Neutral | Downgrade |
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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $908.73M | $1.00B | $906.73M | $716.36M | $863.26M | $943.61M | $849.35M | $666.78M | $779.95M | $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 | $963.82M | $1.06B | $961.70M | $759.79M | $915.60M | $1.00B | $900.84M | $683.56M | $825.68M | $933.73M | $695.79M | $561.91M | $628.17M | $906.78M | $922.96M | $597.46M | $620.33M | $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 | $863.46M | $952.10M | $861.56M | $680.67M | $820.25M | $896.60M | $807.04M | $653.81M | $747.28M | $856.06M | $693.09M | $561.91M | $611.47M | $759.83M | $826.85M | $535.24M | $555.74M | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| 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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| 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 | $-52.90M | $-58.33M | $-52.78M | $-41.70M | $-50.25M | $-54.93M | $-49.44M | $-38.82M | $-45.40M | $-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 | $-50.26M | $-55.42M | $-50.15M | $-39.62M | $-47.75M | $-52.19M | $-46.98M | $-38.06M | $-43.50M | $-49.83M | $-40.35M | $48.94M | $-35.60M | $-44.23M | $-48.13M | $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 | $-56.11M | $-61.87M | $-55.98M | $-44.23M | $-53.30M | $-58.26M | $-52.44M | $-39.79M | $-48.07M | $-54.36M | $-40.50M | $32.63M | $-36.57M | $-52.79M | $-53.73M | $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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| 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 | $100.48M | $119.45M | $130.38M | $43.24M | $96.82M | $110.63M | $94.85M | $22.56M | $98.60M | $99.30M | $14.51M | $-81.03M | $-673.85K | $85.02M | $92.09M | $-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 | $87.11M | $103.55M | $113.03M | $37.48M | $83.94M | $95.91M | $82.22M | $22.56M | $-63.54M | $86.09M | $12.58M | $-121.54M | $-42.45M | $25.19M | $79.83M | $-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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| 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 | $475.28M | $524.08M | $474.24M | $374.67M | $451.50M | $493.52M | $444.23M | $348.74M | $407.93M | $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 | $504.10M | $555.85M | $502.99M | $397.38M | $478.87M | $523.44M | $471.16M | $357.51M | $431.84M | $488.36M | $363.91M | $461.69M | $328.54M | $474.26M | $482.72M | $419.71M | $324.45M | $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 | $451.60M | $497.97M | $450.61M | $356.00M | $429.01M | $468.94M | $422.09M | $341.95M | $390.84M | $447.74M | $362.50M | $307.79M | $319.81M | $397.40M | $432.46M | $279.81M | $290.66M | $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 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 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 7 | 3 | 3 | 3 | 6 | 8 | 5 | 4 | 4 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 5 | 10 | 10 | 10 | 9 | 9 |
| 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 | $-0.35 | $-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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| ROKU | Roku | $68.71 | $110.03 | 60.14% | Buy |
| SBGI | Sinclair Broadcast Group | $16.50 | $25.74 | 56.00% | Buy |
| PARA | Paramount Global | $10.58 | $16.12 | 52.36% | Hold |
| LGF-A | Lions Gate Entertainment | $7.93 | $11.75 | 48.17% | Buy |
| RSVR | Reservoir Media | $8.89 | $11.50 | 29.36% | Buy |
| MSGS | Madison Square Garden Sports | $224.30 | $277.00 | 23.50% | Buy |
| NXST | Nexstar Media Group | $166.83 | $204.17 | 22.38% | Buy |
| MCS | Marcus | $21.69 | $26.00 | 19.87% | Buy |
| WMG | Warner Music Group | $33.67 | $38.06 | 13.04% | Buy |
| FWONA | Formula One Group | $77.00 | $83.00 | 7.79% | Buy |
| AMC | AMC Entertainment | $4.44 | $4.68 | 5.41% | Hold |
| IMAX | IMAX | $24.77 | $24.78 | 0.04% | Buy |
| WWE | World Wrestling Entertainment | $100.65 | $93.80 | -6.81% | Buy |
| CNK | Cinemark | $32.79 | $25.90 | -21.01% | Buy |
| NFLX | Netflix | $883.85 | $608.20 | -31.19% | Buy |