Lionsgate Studios Corp. (NYSE:LION) is one of the best hot stocks under $20 to buy. On February 9, Wells Fargo reaffirmed a Buy rating on Lionsgate Studios Corp. (NYSE:LION) and set a $12 price target. Morgan Stanley also adjusted the price target on the stock to $11 from $10 on February 6 and reiterated an Overweight rating on the shares, telling investors that the recent film success strengthens its confidence in a return to greater than $350m OIBDA in calendar year 2026. It further contended that Lionsgate Studios Corp. (NYSE:LION) is warranted a premium multiple due to industry demand for pure-play studios.
The rating update came after Lionsgate Studios Corp. (NYSE:LION) reported its fiscal Q3 results for the quarter ended December 31, 2025, reporting a revenue of $724.3 million, operating income of $36.0 million, and net loss from continuing operations attributable to shareholders of $46.2 million. Management further reported that adjusted net income from continuing operations attributable to shareholders in the quarter reached $3.9 million or $0.01 adjusted diluted net income per share on 293.9 million diluted weighted average common shares outstanding.
Lionsgate Studios Corp. (NYSE:LION) is a standalone, pure-play content company that creates, produces, and distributes premium entertainment across multiple formats and platforms. The company’s operations are divided into the following segments: Motion Picture and Television Production.
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Disclosure: None. This article is originally published at Insider Monkey.