Here is the latest AMC stock price prediction from analysts for the month of September, 2023 report.
TipRanks reports that 6 Wall Street analysts have offered 12 month price targets for AMC Entertainment (NYSE:AMC) in the last 3 months.
The average price target is $18.50 with a high forecast of $45.00 and a low forecast of $5.00.
The average price target represents a +41.22% increase from the last price of $13.10 (Sept.1).
“Next quarter’s sales forecast for AMC is $1.16B with a range of $1.05B to $1.29B. The previous quarter’s sales results were $1.35B.
AMC beat its sales estimates 100.00% of the time in past 12 months, while its overall industry beat sales estimates 62.84% of the time in the same period.
In the last calendar year AMC has Outperformed its overall industry.”
CoinPriceForecast is also reporting an AMC stock price prediction for 2023 and several years ahead.
“According to the latest long-term forecast, AMC price will hit $35 by the end of 2023 and then $40 by the middle of 2024. AMC will rise to $65 within the year of 2025, $95 in 2026, $125 in 2027, $150 in 2028, $250 in 2029 and $300 in 2034,” its stock analysis reports.
In July, Coincodex reported it predicts AMC shares to rise to $400 by 2030, a +9,000% increase from where the movie theatre stock was trading at that time.
Today, Coincodex predicts shares to reach as high as $1,199.80 per share.
“The AMC Entertainment Holdings stock prediction for 2025 is currently $ 47.62, assuming that AMC Entertainment Holdings shares will continue growing at the average yearly rate as they did in the last 10 years.
This would represent a 263.52% increase in the AMC stock price.
In 2030, the AMC Entertainment Holdings stock will reach $ 1,199.80 if it maintains its current 10-year average growth rate.
If this AMC Entertainment Holdings stock prediction for 2030 materializes, AMC stock will grow 9,058.81% from its current price.”
Also Read: Here is The Latest 2023 AMC Short Seller Report
AMC Entertainment Sentiment: Bullish
According to Coincodex, the sentiment for AMC Entertainment based on their technical analysis is ‘bullish’.
“Based on data from September 04, 2023 at 10:43, the general AMC stock forecast sentiment is bullish, with 24 technical analysis indicators signaling bullish signals, and 2 signaling bearish signals.
The AMC Entertainment Holdings stock forecast for tomorrow is $ 12.86, which would represent a -1.80% loss compared to the current price. In the next week, the price of AMC is expected to decrease by -2.70% and hit $ 12.75.
As far as the long-term AMC Entertainment Holdings stock forecast is concerned, here’s what our predictions are currently suggesting. These predictions are based on the 10-year average growth of AMC.
- AMC Entertainment Holdings stock prediction for 1 year from now: $ 24.27 (85.29%)
- AMC Entertainment Holdings stock forecast for 2025: $ 47.62 (263.52%)
- AMC Entertainment Holdings stock prediction for 2030: $ 1,199.80 (9,058.81%)
What are your thoughts on the latest AMC stock price prediction from analysts?
Are you bearish or bullish on the movie theatre stock?
Leave your thoughts in the comment section down below.
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Also Read: Goldman Sachs Gives AMC a New Price Target of $175
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About The Author
Long term predictions for AMC are Bullshit to me. We’ve been waiting for the MOASS for 2 years. Unless the corruption in the system stops nothing will change.
$300 a share, $1,000 a share AMC is this a joke? We’re still losing business to streaming where do these people see this happening?
AMC historical means nothing to me. FTDs mean everything. Shorts are having a tough time closing out to settle their trades. Stock was way way oversold.
Leave your thoughts below.