Morgan Stanley analyst Thomas Yeh has maintained an "Underweight" rating for AMC Networks, Inc. (AMCX, Financial) while lowering the price target from $8.00 to $6.00. This update reflects a 25% reduction in the price target, with the adjusted price target now set at USD 6.00. The previous rating assigned by the analyst was also "Underweight," indicating a consistent outlook on the stock.
The decision to lower the price target was disclosed on May 6, 2025, suggesting potential challenges or market conditions affecting the valuation of AMCX. Investors and market watchers may interpret this adjustment as a sign of cautious sentiment towards the company's short-term performance.
The adjustment in the price target is part of Morgan Stanley's continued analysis of AMCX, aligning with their broader investment strategy and market perspectives. As AMCX remains under the "Underweight" category, it implies a less favorable view compared to other stocks within the industry.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 5 analysts, the average target price for AMC Networks Inc (AMCX, Financial) is $6.60 with a high estimate of $11.00 and a low estimate of $4.00. The average target implies an upside of 5.94% from the current price of $6.23. More detailed estimate data can be found on the AMC Networks Inc (AMCX) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, AMC Networks Inc's (AMCX, Financial) average brokerage recommendation is currently 3.4, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for AMC Networks Inc (AMCX, Financial) in one year is $11.50, suggesting a upside of 84.59% from the current price of $6.23. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the AMC Networks Inc (AMCX) Summary page.
