AMC Networks (AMCX) AI Stock Analysis

• Market Cap: $276.30M
• Dividend Yield: N/A
• Average Volume (3M): 544.88K
• Price to Earnings (P/E): 13.9
• Beta (1Y): 1.00
• Revenue Growth: -8.14%
• EPS Growth: -258.98%
• Country: US
• Employees: 1,800
• Sector: Communication Services
• Sector Strength: 84
• Industry: Entertainment
• EPS (TTM): 0.52
• Shares Outstanding: 33,442,870
• 10 Day Avg. Volume: 650,951
• 30 Day Avg. Volume: 544,881
• 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: 9.84
• Enterprise Value/Revenue: 0.28
• Enterprise Value/Gross Profit: 2.22
• Enterprise Value/Ebitda: 0.80
• 1Y Price Target: $5.92
• Price Target Upside: -3.74% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 6

• Rating: 57 Neutral
• Price Target: $6.50 ▲(5.69%Upside)

AMC Networks' overall stock score is influenced by financial challenges, including declining revenues and profitability issues. The company's strategic efforts in streaming and partnerships show promise but are offset by bearish technical indicators and valuation concerns. The recent successful bond offering provides some financial cushioning.

Positive Factors

Financial Performance

Management reiterated full-year revenue, AOI, and free cash flow guidance despite current pressures, signaling confidence in future performance.

Streaming Growth

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

Negative Factors

Advertising Revenue Decline

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

Earnings and Revenue

AMC Networks reported revenue that slightly missed analyst and consensus estimates with domestic revenue declining due to lower advertising revenue.

Linear Business Challenges

AMC Networks faces meaningful linear challenges and macro concerns that pose further downside risks.

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, 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
EBITDA	873.77M	985.15M	1.46B	1.25B	1.53B	1.49B
Net Income	-254.30M	-226.55M	215.46M	11.03M	250.60M	239.98M
Balance Sheet
Total Assets	4.33B	4.36B	4.97B	5.63B	5.75B	5.25B
Cash, Cash Equivalents and Short-Term Investments	870.23M	784.65M	570.58M	930.00M	892.22M	888.53M
Total Debt	131.17M	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	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: 6.15
• 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 6.15 is below the 20-day moving average (MA) of 6.32, below the 50-day MA of 6.35, and below the 200-day MA of 7.85, indicating a bearish trend. The MACD of -0.08 indicates Positive momentum. The RSI at 46.10 is Neutral, neither overbought nor oversold. The STOCH value of 55.22 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
SBGI	68 Neutral	$1.03B	7.49	34.07%	6.87%	11.62%	―
Sector *	61 Neutral	$41.24B	-0.79	-14.21%	3.80%	2.39%	-73.52%
IQ	61 Neutral	$1.71B	42.48	2.21%	―	-10.05%	-85.30%
PARA	58 Neutral	$9.10B	―	-28.56%	1.56%	-4.50%	-898.86%
AMCX	57 Neutral	$276.30M	13.94	-25.83%	―	-8.14%	-258.98%
AMC	47 Neutral	$1.28B	―	20.03%	―	-5.43%	26.07%

AMC Networks Corporate Events

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.

The most recent analyst rating on (AMCX) stock is a Sell with a $10.00 price target. To see the full list of analyst forecasts on AMC Networks stock, see the AMCX Stock Forecast page.

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.

The most recent analyst rating on (AMCX) stock is a Sell with a $10.00 price target. To see the full list of analyst forecasts on AMC Networks stock, see the AMCX Stock Forecast page.

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.