Amazon Acquisition Of AMC Is ‘Extremely Unlikely,’ Analysts Say—But AMC Shares Still Soar 13% (2024)

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Amazon Acquisition Of AMC Is ‘Extremely Unlikely,’ Analysts Say—But AMC Shares Still Soar 13% (2024)

FAQs

Why is AMC stock so low right now? ›

Since 2021, AMC's share ownership structure has undergone a significant shift, with retail investors predominantly taking the helm. These retail investors have triggered several major short squeezes in AMC along with GameStop (GME), which has become the "poster child" for the meme-stock phenomenon.

Should I hold or sell AMC stock? ›

AMC Entertainment has a conensus rating of Moderate Sell which is based on 0 buy ratings, 4 hold ratings and 3 sell ratings.

Will AMC squeeze 2024? ›

Of the seven analysts covering AMC, the average forecast for 2024 revenue is around $4.67 billion. The most optimistic estimate stands at $5.09 billion, with the most pessimistic projection is at $4.46 billion.

What will AMC be worth in 5 years? ›

Long-Term AMC Entertainment Holdings Stock Price Predictions
YearPredictionChange
2025$ 6.1594.67%
2026$ 11.98278.97%
2027$ 23.32637.74%
2028$ 45.401,336.17%
2 more rows

How high is AMC stock expected to go? ›

According to the latest long-term forecast, AMC price will hit $4 by the end of 2024 and then $5 by the middle of 2025. AMC will rise to $7 within the year of 2026, $8 in 2027, $10 in 2028, $12 in 2029 and $15 in 2033.

Is it smart to buy AMC stock? ›

AMC Entertainment Holdings, Inc.

may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of AMC, demonstrate its potential to perform inline with the market. It currently has a Growth Score of A.

What is the true value of AMC stock? ›

As of 2024-04-21, the Intrinsic Value of AMC Entertainment Holdings Inc (AMC) is 3.19 USD. This AMC valuation is based on the model Discounted Cash Flows (EBITDA Exit 10Y). With the current market price of 3.16 USD, the upside of AMC Entertainment Holdings Inc is 0.8%.

Is AMC going to rise again? ›

In 2024, many market watchers predict that AMC stock will be worth between $1 and $6. Private retail investors, many of whom aided AMC's significant gain in 2021, are more optimistic, with some projecting a $40 share price. Trade Tokenized Stock Futures on BTCC Now!

Is AMC losing money? ›

AMC Theatres' quarterly net income/loss worldwide 2019-2023

In the fourth quarter of 2023, AMC Entertainment Holdings, Inc. reported a net loss of 182 million U.S. dollars, up from negative 288 million dollars in the corresponding quarter of the previous year. The company is also known as AMC Theatres.

How is AMC theaters doing financially? ›

Earnings for the second quarter hit $8.6 million, compared to a loss of $121.6 million in the comparable period of 2022, the company reported on Tuesday. It also saw a 12.2 percent gain in attendance year-over-year.

What is the stock price forecast for AMC in 2024? ›

AMC Stock Price Forecast 2024-2025

AMC price started in 2024 at $6.12. Today, AMC traded at $3.16, so the price decreased by -48% from the beginning of the year. The forecasted AMC price at the end of 2024 is $4.01 - and the year to year change -34%. The rise from today to year-end: +27%.

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