AMC Entertainment (AMC) AI Stock Analysis

• Market Cap: $1.50B
• Dividend Yield: N/A
• Average Volume (3M): 11.22M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.83
• Revenue Growth: -5.43%
• EPS Growth: 26.07%
• Country: US
• Employees: 2,915
• Sector: Communication Services
• Sector Strength: 82
• Industry: Entertainment
• EPS (TTM): -0.58
• Shares Outstanding: 433,143,550
• 10 Day Avg. Volume: 17,258,795
• 30 Day Avg. Volume: 11,223,718
• PEG Ratio: -0.27
• Price to Book (P/B): -0.82
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -3.00
• Enterprise Value/Market Cap: 6.22
• Enterprise Value/Revenue: 0.52
• Enterprise Value/Gross Profit: 3.63
• Enterprise Value/Ebitda: 6.11
• 1Y Price Target: $3.15
• Price Target Upside: -6.25% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 6

• Rating: 53 Neutral
• Price Target: $3.50 ▲(4.17%Upside)

The overall stock score reflects significant financial challenges that weigh heavily on AMC's outlook. However, positive signals from recent earnings guidance and corporate events indicate potential for recovery and improved financial health. Technical indicators and valuation metrics suggest caution but also highlight areas of opportunity if strategic initiatives succeed.

Positive Factors

Box Office Performance

AMC surges on box office rebound, with domestic admission growth per screen significantly exceeding prior estimates.

Market Position

AMC remains the dominant exhibitor globally, operating at scale across the U.S. and Europe with strong brand strength and premium format penetration.

Revenue Growth

AMC's box office performance has surged with nearly 37% year-over-year domestic admission growth per screen in Q2, significantly exceeding previous estimates.

Negative Factors

Advertising Market Challenges

NCMI has had a challenging start to the year with the macro environment and government pullbacks negatively impacting the ad market.

Debt Restructuring

The transaction reduces leverage, extends maturities, and improves liquidity, though it introduces near-term dilution and potential for additional share issuance tied to future conversions.

Liquidity Concerns

While liquidity remains a concern, AMC is leaning into premium formats, loyalty programs, and experiential upgrades to capture incremental value per patron.

AMC Entertainment Business Overview & Revenue Model

Company Description

AMC Entertainment Holdings, Inc., through its subsidiaries, engages in the theatrical exhibition business. The company owns, operates, or has interests in theatres in the United States and Europe. As of March 1, 2022, it operated approximately 950 theatres and 10,600 screens. The company was founded in 1920 and is headquartered in Leawood, Kansas.

How the Company Makes Money

AMC Entertainment generates revenue through several key streams. The primary source of income is box office ticket sales, which are influenced by the number and quality of films released. Concessions are another significant revenue stream, with the company offering a variety of snacks and drinks at its theaters. Additionally, AMC earns money through its loyalty program, AMC Stubs, generating revenue from membership fees and encouraging repeat visits. Other revenue streams include advertising and on-screen promotions, as well as renting out theaters for special events and screenings. Partnerships with film studios and distributors also play a crucial role in the company's revenue model, as they secure access to blockbuster films that drive ticket sales.

AMC Entertainment Financial Statement Overview

Summary

AMC's financial performance is weak, characterized by persistent net losses, high leverage, and negative equity. The balance sheet shows high debt levels, and cash flow issues are evident with negative operating and free cash flows. These factors indicate significant operational and financial challenges.

Income Statement

AMC's income statement reflects challenges in achieving profitability. The negative net income across periods indicates persistent losses. Revenue has fluctuated, and despite some improvement in gross profit margin, the net profit margin remains negative. Additionally, EBIT and EBITDA margins are weak, highlighting operational inefficiencies.

Balance Sheet

AMC's balance sheet shows a concerning financial structure. The high debt-to-equity ratio, exacerbated by negative stockholders' equity, raises red flags about financial stability. Although total assets are substantial, the liabilities outweigh them, indicating potential risks in solvency and capital structure.

Cash Flow

The cash flow statement underscores persistent cash flow issues, with negative operating and free cash flows. The inability to generate positive cash flow from operations and reliance on financing activities highlights liquidity challenges. Free cash flow to net income ratios are negative, indicating a strained cash position.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	4.64B	4.81B	3.91B	2.53B	1.24B
Gross Profit	3.09B	1.15B	2.63B	1.78B	830.90M
EBITDA	412.70M	383.00M	-196.40M	-396.90M	-3.67B
Net Income	-352.60M	-396.60M	-973.60M	-1.27B	-4.59B
Balance Sheet
Total Assets	8.25B	9.01B	9.14B	10.82B	10.28B
Cash, Cash Equivalents and Short-Term Investments	632.30M	884.30M	631.50M	1.59B	308.30M
Total Debt	8.28B	9.14B	651.60M	10.75B	96.00M
Total Liabilities	10.01B	10.86B	11.76B	12.61B	13.16B
Stockholders Equity	-1.76B	-1.85B	-2.62B	-1.79B	-2.89B
Cash Flow
Free Cash Flow	-296.30M	-444.80M	-848.30M	-714.70M	-1.30B
Operating Cash Flow	-50.80M	-215.20M	-628.50M	-614.10M	-1.13B
Investing Cash Flow	-242.90M	-180.10M	-224.00M	-68.20M	-154.60M
Financing Cash Flow	68.40M	649.30M	-91.30M	1.99B	1.33B

AMC Entertainment Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 3.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMC, the sentiment is Positive. The current price of 3.36 is above the 20-day moving average (MA) of 3.16, above the 50-day MA of 3.17, and below the 200-day MA of 3.51, indicating a neutral trend. The MACD of 0.10 indicates Negative momentum. The RSI at 55.80 is Neutral, neither overbought nor oversold. The STOCH value of 71.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMC.

AMC Entertainment Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IMAX	74 Outperform	$1.56B	62.66	11.16%	―	1.25%	55.54%
CNK	64 Neutral	$3.50B	20.09	71.46%	0.55%	-0.80%	13.07%
Sector *	62 Neutral	$42.18B	-1.51	-12.07%	2.79%	2.09%	-71.01%
SPHR	60 Neutral	$1.63B	―	-15.64%	―	-5.04%	-155.66%
AMC	53 Neutral	$1.50B	―	20.03%	―	-5.43%	26.07%
LGF.A	47 Neutral	$1.93B	―	168.75%	―	-2.85%	75.96%
LGF.B	42 Neutral	$1.93B	―	259.47%	―	-2.85%	75.96%

AMC Entertainment Corporate Events

AMC Entertainment Plans Note Redemption Amid New Offering

On July 7, 2025, AMC Entertainment Holdings, Inc. announced its intention to fully redeem its outstanding 5.875% Senior Subordinated Notes and 10%/12% Cash/PIK Toggle Second Lien Subordinated Secured Notes, both due in 2026. This redemption is contingent upon the successful completion of a private offering of Senior Secured Notes due 2029, expected to generate at least $223 million in gross proceeds, which could enhance the company’s financial structure and market positioning.

The most recent analyst rating on (AMC) stock is a Sell with a $3.20 price target. To see the full list of analyst forecasts on AMC Entertainment stock, see the AMC Stock Forecast page.

AMC Entertainment Secures Lender Support for Debt Refinancing

On July 2, 2025, AMC Entertainment Holdings, Inc. announced that lenders representing over 80% of its term loans have consented to proceed with balance sheet strengthening transactions. This support allows AMC to refinance debt, convert notes, and resolve litigation, positioning the company for improved financial health and long-term shareholder value amid a recovering box office market.

The most recent analyst rating on (AMC) stock is a Sell with a $3.20 price target. To see the full list of analyst forecasts on AMC Entertainment stock, see the AMC Stock Forecast page.

AMC Entertainment Announces New Transaction Support Agreement

On July 1, 2025, AMC Entertainment Holdings, Inc. announced a Transaction Support Agreement with key creditor groups to strengthen its financial position. The agreement includes approximately $223.3 million in new financing to refinance 2026 debt, the conversion of at least $143 million of debt into equity, and the resolution of litigation with holders of AMC’s 7.5% Senior Secured Notes due 2029. This strategic move is aimed at fortifying AMC’s balance sheet and capitalizing on a recovering box office market, with expectations of continued growth in the industry.

The most recent analyst rating on (AMC) stock is a Sell with a $3.20 price target. To see the full list of analyst forecasts on AMC Entertainment stock, see the AMC Stock Forecast page.