AMC Entertainment CEO Now Says Momentum Will Continue
AMC Entertainment (NYSE:AMC) CEO Adam Aron says “momentum will continue” following heavy trading volume in its stock and demand in the movie theater experience.
Last week, AMC stock ended its five-day trading week up more than 25%.
Shares of the world’s largest movie theater chain is up over 70% this year-to-date with analysts praising the company for its comeback.
“AMC reported 25.5 million global guests in 2026/05, its best May since 2019. That is not a one‑day meme spike; it is a full month of pre‑pandemic‑style traffic across AMC Theatres in the U.S. and its ODEON circuit overseas.
For a high‑fixed‑cost business like AMC, that kind of volume is what flips the script on the income statement,” said Tim Sykes.
Despite Monday’s lull, AMC CEO Adam Aron announced another successful development, stating:
“It’s official. Toy Story 5 had the biggest domestic opening weekend gross of any movie so far in 2026, with a media reported $160 million. It’s the 7th different movie in the past three months to have a domestic opening gross above $75 million, which Toy Story 5 far exceeded.
As for AMC, in the U.S., we posted the highest attendance, highest ticket revenues and highest food & beverage revenues of any weekend so far in 2026.
In all, 4.8 million guests visited our theatres globally Thursday to Sunday.
With so many major releases coming to theatres across the entire summer, and especially so in July (led by Minions & Monsters, Moana, The Odyssey and Spider-Man: Brand New Day), we have every confidence to expect that our momentum will continue.”
This momentum may just be creating panic on Wall Street, particularly within those who pushed financial media platforms to spread fear, uncertainty, and doubt.
What We Want To See From AMC Stock
TradingView says to keep an eye out for the $3.15 level as momentum signals begin to flash.
“For example, the Average Directional Index (ADX) has jumped to 41, its highest point since May 1 this year. It has also jumped above the key resistance level of $1.93, its highest point on April 17.
Therefore, the most likely AMC stock forecast is bullish, with the next level to watch being at $3.15, its highest level in October last year.”
They warned, “a drop below the key support level of $1.93 will invalidate the bullish view.”
Buying pressure from retail investors is key here.
Things began to pick up last Wednesday when trading volume hit 68,400,740. For comparison, AMC’s current average volume is approximately 34 million.
By Friday, we saw trading volume surge to 80,933,058, per Yahoo Finance.
Not only are retail investors buying again, but CEO Adam Aron just purchased 250,000 shares solidifying his conviction in the company.
“I have enormous confidence in AMC and the 2026/2027 box office. So today, using my own money, I bought 250,000 more AMC shares personally, at market price,” the CEO stated in May.
“As I said, I have great confidence in AMC’s future. So, again today, I put my money where my mouth is.
I should probably mention that I have not sold even a single share of AMC stock since January of 2022, more than four years ago.
I RIDE WITH YOU[!!!].”
Related: Famous Short Seller Said Market Manipulation Was Like “Taking Candy From a Baby”
What Happens Next?
AMC Entertainment is seeing a strong recovery, you cannot deny that.
AMC just welcomed a massive 25.5 million global guests in May. This has been the movie theatre chain’s strongest May since 2019, including 4.2 million guests over May 28–31.
Memorial Day Thursday through Monday was also a big success for the company.
AMC amassed over 5 million global moviegoers, led by the $80 million plus domestic release of “The Mandalorian and Grogu”, including branded merchandise sales.
Adding to the momentum, May’s U.S. box office hit $1.06 billion, up 9% year-over-year and ahead of analyst B. Riley’s forecast.
What are analysts saying?
“This growth will likely continue as several titles are expected to be released. This includes popular names like The Odyssey, Spider-Man: Brand New Day, Moana, and The Hunger Games,” reports TradingView.
“Analysts are largely optimistic about the company, with the annual revenue expected to jump by 12% this year to $5.4 billion.
It is expected to jump to $5.7 billion next year, with the company expected to turn a net profit in 2027.”
So, Is AMC Stock A Buy?
The average AMC shareholder would scream, YES!
Most financial analysts do not recommend AMC as a standard long-term investment due to the company’s debt burden and frequent equity dilution.
However, many traders consider it a viable short-term momentum play, particularly following successful box-office releases and a loyal shareholder base that never left.
While Zacks currently rates AMC as a ‘hold’, it has also scored the movie theatre company an ‘A’ on its ‘Growth’, signaling expansion and growing momentum.
‘Momentum’ has also been upgraded.
“Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.”
Simply put, all signs point towards more short-term gains.
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