
Cinemark Holdings (CNK) Stock Forecast & Price Target
Cinemark Holdings (CNK) Analyst Ratings
Bulls say
Cinemark Holdings Inc. is experiencing positive financial momentum, highlighted by record highs in concessions per patron, which reached $7.97, reflecting a 4% year-over-year increase. The company is projected to achieve Q1 revenues of $590 million, demonstrating a 2% increase compared to the previous year, supported by improved margins and continued growth in per patron gross profit. Additionally, Cinemark's domestic box office performance is outperforming the broader industry, aided by rising ticket prices and an expanded market share in premium large format cinemas.
Bears say
Cinemark Holdings Inc's AEBITDA of $157 million fell short of the consensus estimate of $164 million, primarily due to rising film rental costs, elevated labor expenses, and increased spending on promotional activities for alternative content. The company's underperformance is further exacerbated by a reliance on blockbuster films with high rental rates, which negatively impacts profit margins as film costs consume a larger portion of admissions revenue. Additionally, ongoing economic uncertainties may hamper consumer spending on movie attendance, posing a significant risk to the stability of Cinemark's earnings stream.
This aggregate rating is based on analysts' research of Cinemark Holdings and is not a guaranteed prediction by Public.com or investment advice.
Cinemark Holdings (CNK) Analyst Forecast & Price Prediction
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