AMC Networks (AMCX) AI Stock Analysis

• Market Cap: $341.86M
• Dividend Yield: N/A
• Average Volume (3M): 535.61K
• Price to Earnings (P/E): 13.9
• Beta (1Y): 1.16
• Revenue Growth: -7.25%
• EPS Growth: -395.48%
• Country: US
• Employees: 1,800
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 0.69
• Shares Outstanding: 31,899,405
• 10 Day Avg. Volume: 521,563
• 30 Day Avg. Volume: 535,613
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 5.48
• Enterprise Value/Revenue: 0.80
• Enterprise Value/Gross Profit: 1.50
• Enterprise Value/Ebitda: 1.71
• 1Y Price Target: $5.50
• Price Target Upside: -31.93% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 4

• Rating: 51 Neutral
• Price Target: $7.00 ▼(-13.37% Downside)

AMC Networks' overall stock score is primarily influenced by its challenging financial performance and valuation concerns. The positive momentum in technical analysis and strategic growth in streaming and AI integration provide some support. However, the negative P/E ratio and profitability issues remain significant risks.

Positive Factors

Streaming Revenue Growth

The growth in streaming revenue and subscribers indicates a successful shift towards digital platforms, positioning AMC Networks for future success in the evolving entertainment industry.

Successful Debt Reduction

Significant debt reduction improves financial stability and flexibility, allowing AMC Networks to invest in growth initiatives and withstand economic fluctuations.

AI Integration in Production

The integration of AI in production processes enhances operational efficiency, potentially reducing costs and improving content quality, which can drive long-term competitive advantage.

Negative Factors

Decline in Consolidated Revenue

A decline in consolidated revenue reflects challenges in maintaining traditional revenue streams, which could impact AMC Networks' ability to fund new initiatives and sustain growth.

Drop in Advertising Revenue

A significant drop in advertising revenue highlights vulnerabilities in traditional media channels, potentially affecting profitability and necessitating strategic shifts to digital platforms.

Audit Committee Vacancy

The vacancy in the Audit Committee poses compliance risks with Nasdaq requirements, which could affect investor confidence and require timely resolution to maintain governance standards.

AMC Networks Business Overview & Revenue Model

Company Description

AMC Networks Inc., an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences and a platform to distributors and advertisers in the United States and internationally. The company operates in two segments, Domestic Operations, and International and Other. The Domestic Operations segment operates various national programming networks, including the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films name. This segment also produces and licenses original programming for various programming networks, as well as services the national programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

How the Company Makes Money

AMC Networks generates revenue primarily through three key streams: advertising, subscription fees, and content licensing. The advertising revenue is derived from commercials aired during its cable networks' programming as well as from its streaming services. Subscription fees come from its direct-to-consumer streaming service, AMC+, which offers exclusive content for a monthly fee. Additionally, the company licenses its original programming to third-party platforms and international broadcasters, further enhancing its earnings. Significant partnerships, such as those with cable and satellite providers, also contribute to its revenue by facilitating wider distribution of its channels and content.

AMC Networks Financial Statement Overview

Summary

AMC Networks faces declining revenues and profitability, evidenced by negative net margins and reduced EBIT margins. The balance sheet shows improved equity and reduced debt, but the negative ROE indicates profitability concerns. Cash flow is a relative strong point with consistent 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	2.35B	2.42B	2.71B	3.10B	3.08B	2.81B
Gross Profit	1.25B	1.29B	1.29B	1.58B	1.65B	1.41B
EBITDA	1.09B	979.10M	1.46B	1.25B	1.53B	1.49B
Net Income	-174.78M	-226.55M	215.46M	7.59M	250.60M	239.98M
Balance Sheet
Total Assets	4.42B	4.36B	4.97B	5.63B	5.75B	5.25B
Cash, Cash Equivalents and Short-Term Investments	866.41M	784.65M	570.58M	930.00M	892.22M	888.53M
Total Debt	111.66M	2.43B	2.48B	2.97B	3.03B	3.08B
Total Liabilities	3.35B	3.42B	3.71B	4.53B	4.56B	4.29B
Stockholders Equity	971.69M	855.60M	1.05B	806.99M	851.09M	616.80M
Cash Flow
Free Cash Flow	281.45M	330.84M	168.71M	137.56M	100.90M	702.14M
Operating Cash Flow	331.76M	375.62M	203.92M	181.83M	143.47M	748.74M
Investing Cash Flow	-50.71M	-40.38M	-24.32M	-39.38M	-26.58M	-35.16M
Financing Cash Flow	-230.53M	-110.22M	-544.43M	-97.11M	-84.10M	-648.00M

AMC Networks Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 8.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• 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 Positive. The current price of 8.08 is above the 20-day moving average (MA) of 7.83, above the 50-day MA of 7.04, and above the 200-day MA of 7.37, indicating a bullish trend. The MACD of 0.32 indicates Positive momentum. The RSI at 60.18 is Neutral, neither overbought nor oversold. The STOCH value of 27.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AMCX.

AMC Networks Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSKY	68 Neutral	20.36B	-755.73	-0.08%	1.05%	-1.75%	99.73%
IQ	68 Neutral	2.60B	210.94	5.72%	―	-10.86%	-94.68%
SBGI	64 Neutral	1.01B	18.42	53.17%	6.87%	8.11%	―
AMCX	51 Neutral	$341.86M	13.94	-17.26%	―	-7.25%	-395.48%
AMC	50 Neutral	1.50B	-3.28	21.04%	―	9.42%	39.83%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%

AMC Networks Corporate Events

AMC Networks Faces Audit Committee Vacancy Challenge

On August 10, 2025, Dr. Leonard Tow, an independent director and a key member of AMC Networks‘ Audit Committee, passed away, leaving a vacancy that affected the company’s compliance with Nasdaq’s audit committee composition requirements. AMC Networks has informed Nasdaq of the situation and plans to appoint a new member to the Audit Committee to regain compliance by the end of the cure period, which is set to expire by August 10, 2026, or earlier depending on the timing of the next annual shareholders’ meeting.

AMC Networks Completes $400M Senior Secured Notes Offering

On July 3, 2025, AMC Networks successfully completed a private placement offering of $400 million in Senior Secured Notes due 2032, with an interest rate of 10.500% per annum. This strategic financial move strengthens AMC Networks’ capital structure, providing financial flexibility and potentially enhancing its market position by securing funds for future growth and operational needs.

AMC Networks Announces $400M Senior Secured Notes Offering

On June 17, 2025, AMC Networks announced plans to offer $400 million in senior secured notes due 2032 in a private offering, with the proceeds intended to fund a tender offer for up to $450 million of its outstanding 4.25% Senior Notes due 2029. This strategic financial move aims to manage the company’s debt and potentially strengthen its financial position, impacting its operations and market standing.