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, National Networks; and International and Other. The National Networks segment operates five national programming networks under the AMC, WE tv, BBC AMERICA, IFC, and SundanceTV names. This segment also produces original programming for its programming networks; and licenses, such as programming worldwide, as well as services the national programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name worldwide; subscription streaming business under the Acorn TV, Shudder, Sundance Now, ALLBLK, and AMC+ names; production and comedy venues activities under the Levity name; and film distribution business under the IFC Films name. The company was founded in 1980 and is headquartered in New York, New York.
IPO Year:
Exchange: NASDAQ
Website: amcnetworks.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/22/2024 | $11.00 | Neutral → Buy | Seaport Research Partners |
| 12/12/2023 | Buy → Neutral | Seaport Research Partners | |
| 10/6/2023 | $16.00 | Buy | Seaport Research Partners |
| 6/6/2023 | $19.00 → $12.00 | Equal-Weight → Underweight | Morgan Stanley |
| 2/22/2022 | $45.00 → $32.00 | Sell | Deutsche Bank |
| 2/17/2022 | $43.00 → $42.00 | Equal-Weight | Morgan Stanley |
| 2/17/2022 | $45.00 → $32.00 | Underweight | Wells Fargo |
| 1/12/2022 | $58.00 → $42.00 | Neutral | Goldman Sachs |
| 12/15/2021 | $47.00 → $43.00 | Equal-Weight | Morgan Stanley |
| 12/14/2021 | $57.00 → $42.00 | Neutral | Macquarie |
Seaport Research Partners upgraded AMC Networks from Neutral to Buy and set a new price target of $11.00
Seaport Research Partners downgraded AMC Networks from Buy to Neutral
Seaport Research Partners initiated coverage of AMC Networks with a rating of Buy and set a new price target of $16.00
Morgan Stanley downgraded AMC Networks from Equal-Weight to Underweight and set a new price target of $12.00 from $19.00 previously
Deutsche Bank reiterated coverage of AMC Networks with a rating of Sell and set a new price target of $32.00 from $45.00 previously
Morgan Stanley reiterated coverage of AMC Networks with a rating of Equal-Weight and set a new price target of $42.00 from $43.00 previously
Wells Fargo reiterated coverage of AMC Networks with a rating of Underweight and set a new price target of $32.00 from $45.00 previously
Goldman Sachs reiterated coverage of AMC Networks with a rating of Neutral and set a new price target of $42.00 from $58.00 previously
Morgan Stanley reiterated coverage of AMC Networks with a rating of Equal-Weight and set a new price target of $43.00 from $47.00 previously
Macquarie reiterated coverage of AMC Networks with a rating of Neutral and set a new price target of $42.00 from $57.00 previously