AMC Networks (NASDAQ:AMCX) Sets New 1-Year High – Should You Buy?

AMC Networks Inc. (NASDAQ:AMCX) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $11.46 and last traded at $11.45, with a volume of 725656 shares trading hands. The stock had previously closed at $9.71.

More AMC Networks News

Here are the key news stories impacting AMC Networks this week:

• Positive Sentiment: Management projected fiscal 2026 revenue of approximately $2.4 billion to $2.5 billion, above the roughly $2.3 billion analyst consensus. The stronger outlook likely helped drive investor optimism and outweighed the quarterly miss. AMC Networks Q2 2026 earnings
• Positive Sentiment: The stock’s recent advance placed it near its 52-week high, while trading volume reached roughly 1.34 million shares versus an average of about 487,000. The activity suggests the guidance update generated meaningful buying interest.
• Neutral Sentiment: AMC Networks reported second-quarter revenue of $547.5 million, modestly below the $555.7 million analyst estimate. Revenue declined 8.8% from the prior-year quarter, underscoring continued pressure on the company’s media business. AMC Networks reports second-quarter 2026 results
• Negative Sentiment: Adjusted earnings came in at a $0.28-per-share loss, substantially worse than the expected $0.08 loss and down from earnings of $0.69 per share a year earlier. The earnings shortfall and declining revenue highlight ongoing profitability and cord-cutting challenges. AMC Networks misses second-quarter revenue estimates

Analyst Ratings Changes

A number of brokerages recently commented on AMCX. Zacks Research lowered AMC Networks from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 23rd. Wells Fargo & Company boosted their price objective on shares of AMC Networks from $10.00 to $11.00 and gave the company an “equal weight” rating in a research report on Friday. Morgan Stanley restated an “underweight” rating and issued a $10.00 price objective on shares of AMC Networks in a report on Friday. Finally, Weiss Ratings raised shares of AMC Networks from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average price target of $10.50.

AMC Networks Price Performance

The business has a fifty day simple moving average of $9.94 and a two-hundred day simple moving average of $8.59. The company has a current ratio of 1.75, a quick ratio of 1.75 and a debt-to-equity ratio of 1.75. The stock has a market cap of $492.46 million, a PE ratio of 18.72 and a beta of 1.31.

AMC Networks (NASDAQ:AMCX) last released its earnings results on Thursday, July 30th. The company reported ($0.28) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.20). The firm had revenue of $547.50 million during the quarter, compared to analysts’ expectations of $555.74 million. AMC Networks had a net margin of 2.28% and a return on equity of 8.70%. The company’s revenue for the quarter was down 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.69 EPS. Research analysts forecast that AMC Networks Inc. will post 1.79 earnings per share for the current year.

Hedge Funds Weigh In On AMC Networks

A number of institutional investors have recently added to or reduced their stakes in AMCX. Allspring Global Investments Holdings LLC boosted its holdings in shares of AMC Networks by 25.9% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 996,769 shares of the company’s stock valued at $9,220,000 after buying an additional 204,895 shares in the last quarter. WINTON GROUP Ltd grew its position in shares of AMC Networks by 213.0% in the 4th quarter. WINTON GROUP Ltd now owns 56,925 shares of the company’s stock worth $542,000 after buying an additional 38,739 shares during the period. State of Wyoming increased its stake in shares of AMC Networks by 76.8% in the 4th quarter. State of Wyoming now owns 49,589 shares of the company’s stock worth $472,000 after acquiring an additional 21,548 shares in the last quarter. AXQ Capital LP bought a new position in shares of AMC Networks in the 4th quarter worth about $118,000. Finally, Verus Capital Partners LLC increased its stake in shares of AMC Networks by 7.4% in the 4th quarter. Verus Capital Partners LLC now owns 80,300 shares of the company’s stock worth $764,000 after acquiring an additional 5,500 shares in the last quarter. Institutional investors own 78.51% of the company’s stock.

About AMC Networks

AMC Networks Inc (NASDAQ: AMCX) is a global entertainment company that specializes in the development, production and distribution of premium content for television and streaming platforms. Headquartered in New York City, the company operates a portfolio of pay television channels in the U.S. and abroad, and offers direct-to-consumer streaming services that feature both original programming and licensed fare. AMC Networks is best known for critically acclaimed series such as “Breaking Bad,” “Mad Men” and “The Walking Dead,” and it continues to invest in new scripted and unscripted content across a range of genres.

The company’s core television networks in the United States include AMC, IFC, Sundance TV and WE tv, while its joint venture with BBC Studios supports BBC America.