AMC Networks (AMCX) AI Stock Analysis

• Market Cap: $313.59M
• Dividend Yield: N/A
• Average Volume (3M): 582.62K
• Price to Earnings (P/E): 13.9
• Beta (1Y): 1.02
• Revenue Growth: -8.14%
• EPS Growth: -258.98%
• Country: US
• Employees: 1,800
• Sector: Communication Services
• Sector Strength: 79
• Industry: Entertainment
• EPS (TTM): 0.52
• Shares Outstanding: 33,442,870
• 10 Day Avg. Volume: 550,863
• 30 Day Avg. Volume: 582,619
• PEG Ratio: -0.49
• Price to Book (P/B): 3.33
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 5.66
• Enterprise Value/Market Cap: 8.67
• Enterprise Value/Revenue: 0.28
• Enterprise Value/Gross Profit: 2.22
• Enterprise Value/Ebitda: 0.80
• 1Y Price Target: $5.92
• Price Target Upside: -5.13% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 6

• Rating: 57 Neutral
• Price Target: $6.50 ▲(4.17%Upside)

AMC Networks' overall score reflects significant financial challenges, with declining revenues and profitability weighing heavily. The earnings call offers some optimism with strategic shifts in streaming and partnerships, but valuation and technical indicators remain weak. The stock is in a challenging position that requires careful monitoring.

Positive Factors

Cost Management

AMCX continues to navigate a tough environment, and as a result management focus remains on being surgical with its cost controls to maximize free cash flow.

Revenue Growth

Management expects streaming growth to accelerate due to planned price increases, indicating potential future revenue improvement.

Negative Factors

Advertising Revenue

There has been a noticeable decline in domestic advertising, which was worse than expected and is affecting revenue negatively.

EBITDA Forecast

Continued linear revenue headwinds and increased investments in streaming lead to a lower EBITDA forecast.

Linear Revenue Decline

AMC Networks is facing consistent erosion of its linear business, with increasing pressure on advertising and affiliate revenue in a softer economic environment.

AMC Networks Business Overview & Revenue Model

Company Description

AMC Networks Inc. (AMCX) is a global entertainment company known for its popular and critically acclaimed content. The company owns and operates several well-known television brands including AMC, BBC America, IFC, SundanceTV, and WE tv. Additionally, AMC Networks has a robust portfolio of streaming services such as AMC+, Acorn TV, Shudder, Sundance Now, and ALLBLK. The company's operations span across content creation, production, and distribution, offering diverse programming that appeals to a wide range of audiences.

How the Company Makes Money

AMC Networks generates revenue primarily through three key streams: advertising, affiliate fees, and content licensing. Advertising revenue comes from commercial spots aired during its cable television programming on channels like AMC and WE tv. Affiliate fees are generated from agreements with cable and satellite TV operators who pay AMC Networks for the right to carry their content. The company's streaming services also contribute to subscription-based revenue, as consumers pay for access to its diverse array of digital content. Additionally, content licensing agreements with third parties, such as international broadcasters and streaming platforms, provide another substantial revenue stream. Strategic partnerships and co-productions with other media companies enhance its content offerings and expand its reach, further contributing to its financial performance.

AMC Networks Financial Statement Overview

Summary

AMC Networks shows declining revenues and profitability, with negative net margins and reduced EBIT margins. The balance sheet indicates improved equity and reduced debt, but the negative ROE highlights profitability issues. Cash flow remains a strong point with positive free cash flow.

Income Statement

AMC Networks shows a declining revenue trend with a notable decrease from $3.09B in 2022 to $2.38B in TTM, impacting profitability. Gross Profit Margin stands at 51.36% for TTM, reflecting a decent cost management. However, negative Net Profit Margin at -10.68% in TTM indicates struggles in achieving profitability. EBIT and EBITDA margins have also weakened over time, with TTM EBIT Margin at 0.59% and EBITDA Margin at 36.69%.

Balance Sheet

The balance sheet reflects moderate leverage with a Debt-to-Equity Ratio of 0.15 in TTM, indicating a reduction in debt. Stockholders' Equity has increased to $888.84M, improving the Equity Ratio to 20.52% in TTM. However, the Return on Equity is negative due to net losses, highlighting profitability challenges.

Cash Flow

Free Cash Flow remains positive with a slight decline in growth, resulting in TTM Free Cash Flow of $271.45M. The Operating Cash Flow to Net Income Ratio is negative due to net losses, but Free Cash Flow to Net Income Ratio is favorable. Cash flow management appears stable despite profitability issues.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
2.38B	2.42B	2.71B	3.10B	3.08B	2.81B
	Gross Profit
1.22B	1.29B	1.40B	1.58B	1.65B	1.41B
	EBIT
14.17M	-39.60M	388.41M	593.49M	695.37M	701.19M
	EBITDA
873.77M	985.15M	1.46B	1.25B	1.53B	1.49B
	Net Income Common Stockholders
-254.30M	-226.55M	215.46M	11.03M	250.60M	239.98M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
870.23M	784.65M	570.58M	930.00M	892.22M	888.53M
	Total Assets
4.33B	4.36B	4.97B	5.63B	5.75B	5.25B
	Total Debt
131.17M	2.43B	2.48B	2.97B	3.03B	3.08B
	Net Debt
-739.06M	1.65B	1.91B	2.04B	2.13B	2.19B
	Total Liabilities
3.35B	3.42B	3.71B	4.53B	4.56B	4.29B
	Stockholders Equity
888.84M	855.60M	1.05B	806.99M	851.09M	616.80M
Cash Flow		Free Cash Flow
271.45M	330.84M	168.71M	137.56M	100.90M	702.14M
	Operating Cash Flow
323.95M	375.62M	203.92M	181.83M	143.47M	748.74M
	Investing Cash Flow
-52.21M	-40.38M	-24.32M	-39.38M	-26.58M	-35.16M
	Financing Cash Flow
-100.06M	-110.22M	-544.43M	-97.11M	-84.10M	-648.00M

AMC Networks Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AMCX, the sentiment is Negative. The current price of 6.24 is below the 20-day moving average (MA) of 6.52, below the 50-day MA of 6.33, and below the 200-day MA of 8.04, indicating a bearish trend. The MACD of 0.06 indicates Positive momentum. The RSI at 44.44 is Neutral, neither overbought nor oversold. The STOCH value of 34.66 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AMCX.

AMC Networks Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$14.64B	5.81	-3.99%	6.03%	2.71%	-31.56%
SBGI	59 Neutral	$932.95M	6.79	34.07%	7.60%	11.62%	―
IQ	59 Neutral	$1.74B	43.68	2.21%	―	-10.05%	-85.30%
AMCX	57 Neutral	$313.59M	13.94	-25.83%	―	-8.14%	-258.98%
PARA	56 Neutral	$8.67B	―	-28.56%	1.68%	-4.50%	-898.86%
AMC	47 Neutral	$1.36B	―	20.03%	―	-5.43%	26.07%

AMC Networks Corporate Events

AMC Networks Approves Key Proposals at Annual Meeting

On June 5, 2025, AMC Networks held its Annual Meeting where Class A and Class B stockholders voted on several key proposals. The Class A stockholders elected five directors to the Board of Directors, while the Class B stockholders elected eight directors. Additionally, stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the 2025 fiscal year, approved the compensation of the Company’s Named Executive Officers, and endorsed the Amended and Restated 2026 Employee Stock Plan. Furthermore, a proposal for the Company’s redomestication to the State of Nevada by conversion was also approved.

The most recent analyst rating on (AMCX) stock is a Sell with a $9.00 price target. To see the full list of analyst forecasts on AMC Networks stock, see the AMCX Stock Forecast page.