AMC (AMC) stock forecast for 2023 and beyond
This page offers the latest AMC stock price forecast and predictions from leading financial analysts. Including both long and short term outlooks, these predictions give an overview of how AMC’s price may change in the future.
AMC stock forecast & price targetsCopy link to section
The most optimistic AMC stock price forecast see’s a price of around $45, while some pessimistic analysts think its price will fall even further, down to $4. According to the experts, the future for AMC is not looking too good, and the majority of analysts suggest you should sell the stock.
The average prediction is around $12 and in the table below we’ve provided a short summary of the most recent forecasts for AMC Entertainment’s stock. Continue scrolling to read specific year-end predictions.
|Stock||Average price target||Highest target||Lowest target||Majority guidance|
Expert forecasts on the future of AMC (AMC)Copy link to section
Below we’ve selected some quotes from leading AMC Entertaiment experts, which you can use to gain an insight into what the analysts think.
AMC remains overvalued at current levels.”Citigroup, $6 target
Ultimate majority of retail ownership will eventually cash out and move on”Michael Pachter, Wedbush, $7.50 target
To me, the stock just does not reflect fundamental value. I realize that can occur for a while, but eventually, I think it comes back to fundamentals”Alan Gould, Loop Capital, $1 target
Short term AMC stock forecastCopy link to section
All analysts share a similar short term outlook for AMC Entertainment Holdings and predict its stock price will fall in the coming years. However, the range of how far it will drop from its current price varies between forecasts. Below we have provided some expert opinions of how it will perform over the next few years with the latest AMC forecast.
AMC Entertainment stock price prediction 2023Copy link to section
AMC Entertainment Holdings is forecast to be worth $12.75 in 2023 according to the latest Wall Street Analyst ratings. However, not all experts anticipate higher prices and some such as MKM Partners, have a negative forecast and predict that the meme stock will hit $1, while Chad Beynon of Macquarie Asset Management thinks $6 could be on the cards if the business is able to recover.
AMC stock price prediction 2024Copy link to section
In 2024, many Wall Street analysts expect an AMC stock price forecast of between $6 and $20. However, private retail investors, many of whom contributed to AMC Entertainment Holding’s substantial rise in 2021 expect the company to be in a better position with some predicting a $40 share price.
Long term AMC Entertainment Holdings stock forecastCopy link to section
Most analysts and institutional investors tend not to provide longer term forecasts, especially for meme stocks such as AMC. Generally, a 1 year forecast is as far as most will give. However, its popularity among retail investors, from groups such as Wall Street Bets on Reddit has provided some insight into what the future may look like. Below are some long term predictions. It’s important to note that these forecasts are highly speculative.
AMC stock price prediction 2025Copy link to section
2025 could be when the company sees a change in its fortune and, if all goes to plan, the AMC stock forecast could be about $30 per share. It’s suggested that high interest $5.5 billion debt the company has could be moved to better terms or even paid down by then, although this depends on the preceding years and how the company performs.
AMC stock price prediction 2030Copy link to section
Some forecast a share price of as high as $1000 by 2030, although where its share price is by then depends on a huge variety of factors. Any prediction this far out is inherently speculative and should be taken with more than a grain of salt. There is a mixture of predictions with many leading analysts suggesting to sell AMC Entertainment stock.
Compare the best places to buy AMC stockCopy link to section
Below is a list of brokers selected by our financial analysts. If you want to buy stock in AMC, these are some of the top platforms around that let you do so. Click through to any of the links to get signed up in just a few minutes.
77% of retail CFD accounts lose money.
What affects the price of AMC?Copy link to section
There are multiple factors that affect the price of AMC, although unlike many stocks, retail investors from online groups have a strong influence on its price. Below we’ve highlighted some of the main ones.
- Reddit. AMC became known as a meme stock in 2021 when a group of retail investors from a Reddit forum, Wall Street Bets, started investing in the company. A surge of new money was pumped into the company and wildly volatile conditions followed. Any further action from Reddit investors is likely to impact AMC’s price and result in further gains.
- Short Positions. Retail investors from Reddit and other forums started buying AMC shares in 2021 to force a short squeeze. They were successful and proceeded to push its stock price up by over 1000% in just a few months. The number of short positions open on AMC could once again lead to retail investors forcing another squeeze.
- Movie ticket sales. The bulk of money AMC generates is through selling tickets to watch movies. Ticket sales for the theatrical exhibition business have been on a steady decline since 2002 and competition from streaming services like Netflix has only accelerated the drop. If AMC can’t sell enough tickets then it will likely be unable to keep shareholders happy.
How has the AMC price changed over time?Copy link to section
In 2020 as the coronavirus pandemic took ahold, its stock price lost over 70% in value as movie theaters were forced to shut resulting in a large drop in its market capitalisation. However, AMC’s status as a meme stock saw it experience monumental growth in 2021, with its shares trading at just under $2 in January, to over $70 in June – an increase of over 3000% although they have fallen since.
What should I do now?Copy link to section
Now that you have some expert opinions on AMC’s stock price forecast, you may want to buy shares in the company. You can check out our page on how to buy shares in AMC, or alternatively visit our investing hub. Whatever you decide to do, it’s a good idea to keep up to date with the latest AMC news, which you can do so by clicking the links below.
Latest AMC newsCopy link to section
AMC stock price is in a freefall but a 200% jump is possible
AMC reveals plans of a share sale – its stockholders are not happy
AMC stock price forecast: towards another 65% dip
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