AMC Entertainment Holdings Inc (NYSE:AMC) shares are trading marginally higher Wednesday afternoon following a recent surge in box office attendance, particularly after the release of Avatar: Fire and Ash.
The stock’s rise Wednesday comes as broader markets are experiencing gains, with the S&P 500 up 0.34% and the Nasdaq-100 gaining 0.27%. Here’s what investors need to know.
Why AMC’s Recovery Signals A Turning Point
AMC’s stock has shown volatility, recently hitting an all-time low before bouncing back, especially after a strong pre-Christmas weekend where it attracted over 4 million guests and generated $88 million domestically.
Despite this positive momentum, investors likely remain cautious due to concerns over long-term balance sheet issues, particularly fears of dilution from a new note agreement allowing for up to $150 million in stock offerings starting in February 2026.
The company has seen significant investment interest, with billionaire Robert Citrone of Discovery Capital Management acquiring approximately 32.75 million shares, betting on the stock’s undervaluation relative to its box office recovery.
Can This Support Level Hold?
The stock is currently trading 1.41% below its 20-day simple moving average (SMA) and 34.2% below its 100-day SMA, demonstrating longer-term weakness. Shares have decreased by 54.60% over the past 12 months and are currently positioned closer to their 52-week lows than highs.
The RSI is at 38.51, which is considered neutral territory, while the MACD is above its signal line, indicating bullish momentum. The combination of neutral RSI nearing oversold territory and bullish MACD suggests some upward momentum.
- Key Resistance: $2.00
- Key Support: $1.50
Earnings Report: A Critical Turning Point Ahead
Investors are looking ahead to the next earnings report on Feb. 24.
- EPS Estimate: Loss of 5 cents (Up from Loss of 18 cents YoY)
- Revenue Estimate: $1.37 billion (Up from $1.31 billion YoY)
Analyst Consensus & Recent Actions: The stock carries a Hold Rating with an average price target of $5.04. Recent analyst moves include:
- Macquarie: Neutral (Lowered Target to $2.00) (Jan. 15)
- Citigroup: Sell (Lowered Target to $1.30) (Jan. 12)
- Citigroup: Sell (Lowered Target to $2.30) (Nov. 13, 2025)
AMC Stock Edges Higher Wednesday
AMC Price Action: AMC Entertainment shares were up 1.27% at $1.59 at the time of publication on Wednesday, according to Benzinga Pro data.
Image: Shutterstock
