AMC Networks (AMCX) AI Stock Analysis

• Market Cap: $423.95M
• Dividend Yield: N/A
• Average Volume (3M): 383.60K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: -7.38%
• EPS Growth: -483.59%
• Country: US
• Employees: 1,800
• Sector: Communication Services
• Sector Strength: 97
• Industry: Entertainment
• EPS (TTM): 0.18
• Shares Outstanding: 32,042,362
• 10 Day Avg. Volume: 391,082
• 30 Day Avg. Volume: 383,598
• PEG Ratio: <0.01
• Price to Book (P/B): 0.51
• Price to Sales (P/S): 0.18
• P/FCF Ratio: 1.33
• Enterprise Value/Market Cap: 4.32
• Enterprise Value/Revenue: 0.79
• Enterprise Value/Gross Profit: 1.55
• Enterprise Value/Ebitda: 1.69
• 1Y Price Target: $6.67
• Price Target Upside: -31.52% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 5
• EPS Forecast (FY): 1.88
• Revenue Forecast (FY): $2.30B

• Rating: 57 Neutral
• Price Target: $9.50 ▼(-2.46% Downside)

AMC Networks' overall stock score is primarily impacted by its financial performance challenges, including declining revenue and profitability issues. Technical analysis shows positive momentum, but valuation concerns persist with a negative P/E ratio. The earnings call provides a cautiously optimistic outlook with strong streaming growth, while the new CEO agreement adds a positive note on leadership stability.

Positive Factors

Streaming Revenue Growth

The growth in streaming revenue and subscribers indicates a successful shift towards digital platforms, enhancing long-term revenue potential and market competitiveness.

Leadership Stability

The long-term CEO agreement provides leadership stability, which is crucial for executing strategic initiatives and navigating industry transitions.

Debt Management

Improved debt management through loan repurchases and extended maturity dates enhances financial flexibility and reduces interest burden, supporting long-term financial health.

Negative Factors

Declining Revenue

The decline in domestic revenue, particularly from linear advertising, highlights ongoing challenges in traditional media segments, impacting overall financial performance.

Profitability Challenges

The decline in AOI and margin reflects operational difficulties and profitability challenges, which may hinder the company's ability to invest in growth opportunities.

High Leverage

High leverage indicates a significant reliance on debt, which can limit financial flexibility and increase risk during economic downturns, affecting long-term stability.

AMC Networks Business Overview & Revenue Model

Company Description

AMC Networks Inc. (AMCX) is a global entertainment company known for developing and distributing engaging content across various platforms. The company operates through several segments, including AMC, BBC America, IFC, SundanceTV, and AMC+, a subscription-based streaming service. AMC Networks produces a wide range of programming, including original scripted and unscripted series, films, and documentaries, catering to diverse audiences and genres.

How the Company Makes Money

AMC Networks generates revenue primarily through three key streams: advertising revenue, subscription fees, and content licensing. Advertising revenue is derived from selling commercial airtime on its cable networks, which is bolstered by the popularity of its original programming. Subscription fees come from AMC+, its streaming service, where users pay monthly for access to exclusive content. Additionally, the company licenses its content to third parties, such as streaming platforms and international broadcasters, further enhancing its revenue. Strategic partnerships with cable and satellite providers also contribute to its earnings by ensuring broader distribution of its channels.

AMC Networks Financial Statement Overview

Summary

AMC Networks faces significant financial challenges, with declining revenue and profitability issues. The balance sheet shows high leverage, although there has been some improvement. Cash flow generation is mixed, with recent declines in free cash flow. Overall, the company needs to address its revenue and profitability issues while managing its debt levels to improve its financial health.

Income Statement

AMC Networks has experienced declining revenue over the past few years, with a negative revenue growth rate in the TTM period. The gross profit margin has remained relatively stable, but the net profit margin has been negative recently, indicating profitability challenges. The EBIT margin has also turned negative, reflecting operational difficulties.

Balance Sheet

The company has a high debt-to-equity ratio, although it has improved in the TTM period. Return on equity has been negative recently, indicating poor returns for shareholders. The equity ratio is relatively low, suggesting a high reliance on debt financing.

Cash Flow

Free cash flow has shown some growth in previous years but declined in the TTM period. The operating cash flow to net income ratio is below 1, indicating potential cash flow challenges. However, the free cash flow to net income ratio is relatively strong, suggesting some ability to generate cash relative to net income.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.32B	2.42B	2.71B	3.10B	3.08B	2.81B
Gross Profit	1.18B	1.29B	1.38B	1.58B	1.65B	1.41B
EBITDA	1.09B	979.10M	1.46B	1.25B	1.51B	1.49B
Net Income	-139.63M	-226.55M	215.46M	7.59M	250.60M	239.98M
Balance Sheet
Total Assets	4.21B	4.36B	4.97B	5.63B	5.75B	5.25B
Cash, Cash Equivalents and Short-Term Investments	716.84M	784.65M	570.58M	930.00M	892.22M	888.53M
Total Debt	2.00B	2.43B	2.48B	2.97B	3.03B	3.08B
Total Liabilities	3.07B	3.42B	3.71B	4.53B	4.56B	4.29B
Stockholders Equity	1.05B	855.60M	1.05B	806.99M	851.09M	616.80M
Cash Flow
Free Cash Flow	267.18M	330.84M	168.71M	137.56M	100.90M	702.14M
Operating Cash Flow	312.20M	375.62M	203.92M	181.83M	143.47M	748.74M
Investing Cash Flow	-51.99M	-40.38M	-24.32M	-39.38M	-26.58M	-35.16M
Financing Cash Flow	-365.12M	-110.22M	-544.43M	-97.11M	-84.10M	-648.00M

AMC Networks Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 9.74
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• 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 9.74 is above the 20-day moving average (MA) of 9.16, above the 50-day MA of 8.24, and above the 200-day MA of 7.11, indicating a bullish trend. The MACD of 0.50 indicates Negative momentum. The RSI at 67.51 is Neutral, neither overbought nor oversold. The STOCH value of 70.75 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
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
AMCX	57 Neutral	$423.95M	-2.57	-12.87%	―	-7.38%	-483.59%
SBGI	53 Neutral	$1.10B	-25.56	-11.81%	6.34%	-0.98%	82.16%
GAIA	52 Neutral	$96.17M	-19.90	-5.63%	―	12.98%	27.93%
LION	52 Neutral	$2.45B	-12.30	―	―	97.19%	-21.46%
AMC	47 Neutral	$933.56M	-1.26	―	―	9.74%	12.29%
STRZ	45 Neutral	$195.92M	-9.83	―	―	-2.85%	75.96%

AMC Networks Corporate Events

AMC Networks Appoints Dan McDermott as Chief Content Officer

On November 18, 2025, AMC Networks Inc. entered into a new employment agreement with Dan McDermott, appointing him as Chief Content Officer and President of AMC Studios until December 31, 2028. The agreement outlines McDermott’s compensation, including a base salary, bonus opportunities, and long-term incentive awards, reflecting the company’s commitment to retaining key leadership to enhance its content production capabilities.

AMC Networks Amends Credit Agreement and Repurchases Loans

On October 29, 2025, AMC Networks Inc. amended its credit agreement to extend the maturity date of $111.8 million in commitments under its Revolving Credit Facility to October 29, 2030, or earlier if certain conditions are met. The company also repurchased and retired $165.7 million in term loans, reducing the outstanding principal to approximately $85.6 million, and adjusted its interest coverage ratio requirements.

AMC Networks Signs New CEO Employment Agreement

On October 9, 2025, AMC Networks Inc. entered into a new employment agreement with its CEO, Kristin A. Dolan, effective until December 31, 2028. The agreement outlines her compensation, including a base salary increase, bonus opportunities, and equity awards. It also includes provisions for severance and vesting of awards under various termination scenarios, highlighting the company’s commitment to retaining leadership and ensuring stability in its executive team.