AMC NetworksAMCX
About: AMC Networks owns several linear pay-TV networks, including AMC, WE tv, BBC America, IFC, and SundanceTV. AMC, its most widely distributed network, reached nearly 65 million pay-TV households in the US at the end of 2023. The firm also had nearly 11.5 million US streaming subscribers, with AMC+ as the flagship streaming platform. With both its linear networks and streaming offerings, the firm caters to specific niche audiences. Over the last 15 years, AMC has shifted its focus to original scripted programming from classic movies. It creates content through AMC Studios and also generates revenue from licensing content. Following an international divestiture at the end of 2023, domestic operations make up nearly 90% of total revenue.
Employees: 1,900
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
12% more capital invested
Capital invested by funds: $292M [Q3] → $327M (+$34.3M) [Q4]
8% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 40
1% more funds holding
Funds holding: 196 [Q3] → 197 (+1) [Q4]
6% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 66
2.22% less ownership
Funds ownership: 103.37% [Q3] → 101.15% (-2.22%) [Q4]
14% less call options, than puts
Call options by funds: $1.85M | Put options by funds: $2.15M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Morgan Stanley Thomas Yeh 67% 1-year accuracy 4 / 6 met price target | 17%upside $8 | Underweight Maintained | 20 Feb 2025 |
JP Morgan Alexia Quadrani 50% 1-year accuracy 1 / 2 met price target | 17%upside $8 | Underweight Maintained | 18 Feb 2025 |
Financial journalist opinion
Based on 5 articles about AMCX published over the past 30 days
