AMC Networks Inc (AMCX) AI Stock Analysis
AMCX AI stock analysis summary
AI ResearchAMC Networks Inc (AMCX) is an entertainment company operating television networks and streaming platforms. Revenue has experienced multi-year contraction, dropping from $3.08B in FY2021 to $2.31B in FY2025, with a 5-year revenue CAGR of -3.9%. Despite top-line pressure, the company generated $272.4M in free cash flow in FY2025 while managing $1.75B in total debt.
- Market cap
- $418.7M
- Revenue (TTM)
- $2.25B
- P/E
- — fwd 3.8x
- 1Y return
- 39.0% S&P 500 16.8%
- Avg. target
- $9.67 -4.8% vs last close
Bull case
- Free cash flow generation remained positive at $272.4M in FY2025 despite declining revenue.
- Quarterly earnings grew 82.2% year-over-year in the latest quarter ended June 30, 2026.
- The stock trades at a forward P/E of 3.8x, well below the median of 14.1x for US-listed Communication Services peers.
Bear case
- Revenue contracted at a 5-year CAGR of -3.9% through FY2025 and dropped to $2.25B over the trailing twelve months.
- Total debt reached $1.75B as of June 30, 2026, resulting in a debt-to-equity ratio of 1.92.
- Analysts hold 0 Buy or Strong Buy ratings after AMC Networks logged 0 EPS beats over the last 4 quarters.
What AMC Networks does
AMC Networks Inc operates in the entertainment industry through two primary segments: Domestic Operations and International and Other. Its Domestic Operations segment manages national programming networks including AMC, WE tv, BBC AMERICA, IFC, and SundanceTV, alongside subscription streaming services such as Acorn TV, Shudder, Sundance Now, ALLBLK, HIDIVE, and AMC+. The segment also engages in film distribution through IFC Films and produces and licenses original programming. Its International and Other segment operates channels under the AMCNI brand globally and manages comedy venue and production activities under the Levity banner.
Growth and profitability
Revenue contracted from $3.08B in FY2021 to $2.31B in FY2025, reflecting a 5-year revenue CAGR of -3.9%. Annual revenue declined 12.4% in FY2023, 10.7% in FY2024, and 4.5% in FY2025. Operating margin stood at 15.9% in FY2021, fell to -1.6% in FY2024, and recovered to 11.1% in FY2025. Net income was $89.4M in FY2025 with diluted EPS of $2.03, compared to a net loss of -$226.5M in FY2024. For the trailing twelve months, revenue was $2.25B with an operating margin of 3.1% and diluted EPS of -$0.53. In the latest quarter ended June 30, 2026, revenue fell 8.8% year-over-year, while quarterly earnings grew 82.2%.
Balance sheet and cash flow
As of June 30, 2026, AMC Networks held $464.0M in cash and short-term investments alongside total debt of $1.75B, resulting in net debt of $1.29B. Shareholders' equity was $911.2M, with a debt-to-equity ratio of 1.92 and a current ratio of 1.76. In FY2025, operating cash flow reached $305.7M and free cash flow was $272.4M. Capital expenditures totaled $33.3M, and the company spent $22.0M on share buybacks.
Valuation and performance
AMCX trades at a forward P/E of 3.8x, an enterprise value to EBITDA of 1.6x, and a price-to-sales ratio of 0.2x. These multiples sit below the median of its US-listed Communication Services peers, which trade at a forward P/E of 14.1x, an EV to EBITDA of 10.0x, and a price-to-sales ratio of 0.8x. Over the past year, the stock gained 39.0%, outperforming the S&P 500 (SPY) return of 16.8%. Over a 5-year span, AMCX returned -77.5% versus an 83.0% gain for the S&P 500.
What analysts expect
Consensus ratings include 0 Strong Buy, 0 Buy, 5 Hold, 1 Sell, and 2 Strong Sell recommendations. The mean price target of $9.67 sits 4.8% below the last close of $10.15. For the current fiscal year ending December 31, 2026, consensus estimates project revenue of $2.43B and EPS of $2.25. For the following fiscal year, 7 analysts project revenue of $2.40B and EPS of $2.64. The company recorded 0 EPS beats over the last 4 quarters, with its next earnings date scheduled for November 6, 2026.
Key risks and what to watch
- Quarterly revenue fell 8.8% year-over-year in the quarter ended June 30, 2026, continuing a multi-year top-line decline.
- Net debt of $1.29B significantly exceeds the company's market capitalization of $418.7M.
- Elevated short interest of 19.5% of the float reflects pronounced market skepticism.
AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer
About this AMCX AI stock analysis
This page is an AI-written research summary of AMC Networks Inc (AMCX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.
Related: AMCX income statement, AMCX balance sheet, AMCX key metrics, AMCX analyst forecast, AMCX chart. See the AMCX stock overview for the latest quote and news.
AMCX AI stock analysis FAQ
Does AMC Networks pay a dividend?
AMC Networks does not currently pay a dividend.
What is AMC Networks' debt position?
As of June 30, 2026, AMC Networks held $1.75B in total debt and $464.0M in cash and short-term investments, resulting in net debt of $1.29B. Its debt-to-equity ratio was 1.92.
What are analysts' price targets for AMCX?
The mean analyst price target is $9.67, which is 4.8% below the last closing price of $10.15. Across 8 analyst ratings, there are 0 Buy, 5 Hold, 1 Sell, and 2 Strong Sell recommendations.
How did AMC Networks perform in its latest quarter?
In the quarter ended June 30, 2026, revenue fell 8.8% year-over-year. Over the same period, quarterly earnings grew 82.2%.