Is AMC Stock a Buy Ahead of Q1 Earnings Today?

AMC Entertainment (AMC) is set to report its Q1 2025 earnings today, and investors are watching closely. After a strong Q4 performance, expectations are more cautious heading into this quarter.

Strong Finish to 2024

AMC ended 2024 on a relatively high note, reporting its highest quarterly cash flow since the pandemic. Revenue grew 18% year-over-year to $1.3 billion, boosted by strong attendance for films like Moana 2 and Wicked. The company generated over $200 million in operating cash and $114 million in free cash flow, while also reducing debt.

However, box office attendance remained below pre-pandemic levels, and the theatrical window was shortened from 74 days to 45 days, limiting the potential revenue per film.

Softer Q1 Expectations

Q1 2025 is expected to be more muted. Analysts project a 12% decline in revenue to $837.1 million, reflecting a weaker U.S. box office and a lack of major new film releases. AMC is also forecast to post a $0.59 per-share loss, narrower than the $0.78 loss reported in the same quarter last year.

Analyst Sentiment

Wall Street analysts remain cautious about AMC’s long-term outlook. Citi’s five-star analyst Jason Bazinet lowered his price target to $2.30 and maintained a Sell rating. Meanwhile, Benchmark reiterated a Hold, citing limited catalysts and reduced attendance drivers this quarter.

Bottom Line

While AMC showed encouraging signs of recovery in late 2024, Q1 is expected to reflect seasonal and industry-wide headwinds. The stock may attract interest from short-term traders, but long-term investors may prefer to wait for more consistent performance and clearer fundamentals.

Is AMC Stock A Buy?

According to Wall Street analysts, the general consensus is a Hold, with an AMC stock price target of $3.10. This implies a 16.10% upside potential.

See more AMC analyst ratings