Elon Musk wants to use AI for a movie remake of one of the biggest theatrical hits of 2026.
B. Riley Securities analyst Drew Crum maintains AMC Entertainment Hldgs (NYSE:AMC) with a Neutral and raises the price target from $2.25 to $2.5.
AMC reported better-than-expected Q2 results with adjusted EPS of 14 cents, revenue up 14.2%, and plans to expand PLF and XLF. Analysts raised price targets, but stock fell 6.9%.
Benchmark analyst Mike Hickey maintains AMC Entertainment Hldgs (NYSE:AMC) with a Buy and raises the price target from $2.5 to $3.
AMC shares rose after reporting record quarterly revenue, record adjusted EBITDA and earnings that easily topped Wall Street expectations.
Wedbush analyst Alicia Reese maintains AMC Entertainment Hldgs (NYSE:AMC) with a Outperform and raises the price target from $3 to $4.
AMC says it's "within sight" of full-year positive free cash flow after record EBITDA, $1.7B debt reduction and no major maturities until 2029.
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