Lionsgate Studios initiated with an Outperform at Raymond James

Raymond James initiated coverage of Lionsgate Studios (LION) with an Outperform rating and $10 price target Now that it has completely split from Starz Entertainment, Lionsgate Studios is the only standalone public film and TV studio, the analyst tells investors in a research note. The firm says that unlike many other media stocks, Lionsgate has no direct exposure to the declining linear TV ecosystem. The shares are reflecting the company’s “poor year,” which creates an attractive buying opportunity heading into a better fiscal 2026 setup, contends Raymond James. It believes Lionsgate should have a much stronger near-term slate, which should drive “significant” revenue and OIBDA growth.