how much can amc stock reach

Should you buy AMC stock?

Jul 06, 2021 · The current market cap is $27 billion at a total float of 513M shares. At #100K, AMC's market cap would reach an astounding $51 trillion, nearly 25 times the value of the world's largest companies...

How high can AMC stock price skyrocket up to?

Apr 04, 2022 · AMC’s stock price can really be anywhere. It really depends on when shorts close their positions. Short could have covered when they drove the price back down to $8. It would have been wise considering the stock continues to correct itself in an upward trend and has now set itself up for the perfect squeeze.

Can AMC hit 100K?

Apr 15, 2022 · AMC Entertainment's stock was trading at $3.64 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, AMC shares have increased by 278.0% and is now trading at $13.76. View which stocks have been most impacted by COVID-19.

Can AMC reach 100K?

Jun 28, 2021 · AMC's stock price made an all-time high of $72.62 on June 2nd. This is way higher than the current sell-side target price for the stock which ranges between $1 and $16 with an average of ~$5.25. A...

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May 27, 2021 · How high can AMC stock go? The January squeeze sent AMC stock to a peak of $20.36. It’s almost back there after the latest rally. Since the stock still carries significant short interest, it could...

Is AMC Entertainment a buy right now?

5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Entertainment in the last year. There are currently...

How has AMC Entertainment's stock price been impacted by Coronavirus (COVID-19)?

AMC Entertainment's stock was trading at $3.64 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Healt...

When is AMC Entertainment's next earnings date?

AMC Entertainment is scheduled to release its next quarterly earnings announcement on Thursday, May 5th 2022. View our earnings forecast for AMC E...

How were AMC Entertainment's earnings last quarter?

AMC Entertainment Holdings, Inc. (NYSE:AMC) released its earnings results on Tuesday, March, 1st. The company reported ($0.26) earnings per share f...

What guidance has AMC Entertainment issued on next quarter's earnings?

AMC Entertainment updated its fourth quarter 2021 earnings guidance on Monday, February, 14th. The company provided EPS guidance of for the period....

What price target have analysts set for AMC?

5 brokerages have issued 1 year target prices for AMC Entertainment's shares. Their forecasts range from $1.00 to $16.00. On average, they expect A...

Who are AMC Entertainment's key executives?

AMC Entertainment's management team includes the following people: Adam M. Aron , Chairman, President & Chief Executive Officer Daniel E. Ellis ,...

What is Adam Aron's approval rating as AMC Entertainment's CEO?

596 employees have rated AMC Entertainment CEO Adam Aron on Glassdoor.com . Adam Aron has an approval rating of 63% among AMC Entertainment's empl...

Who are some of AMC Entertainment's key competitors?

Some companies that are related to AMC Entertainment include Luxottica Group (LUXTY) , Rogers Communications (RCI) , Live Nation Entertainment (...

Who is the CEO of AMC?

Adam Aron, CEO & President of AMC Entertainment. Adam Aron has done an outstanding job with the media in the past months and continues to show a positive and bullish sentiment towards AMC. He is now praised among the retail investors community holding AMC. And for good reason too.

Is Melvin Capital a hedge fund?

Melvin Capital is a hedge fund that has been shorting both AMC and GameStop. Well it turns out holding has paid off one way. The company was down almost half percent their first quarter of 2021!

Can short squeeze happen at any time?

A squeeze can technically happen at any time. The short interest doesn’t necessarily have to be high. Shorts could choose to close their positions with little loss opposed to massive losses.

What is a circuit breaker?

A circuit breaker is usually a rule in the market that essentially pauses or halts trading for 5-15 minutes. A common circuit breaker type is the Volatility Pause. This helps smooth volatility in the market and prevent flash crashes. It forces traders to take a 5 minute timeout, research the stock, news, etc.

Is AMC Entertainment a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for AMC Entertainment in the last twelve months. There are currently 4 sell ratings and 3 hold ratings for the stock.

What stocks does MarketBeat like better than AMC Entertainment?

Wall Street analysts have given AMC Entertainment a "Sell" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but AMC Entertainment wasn't one of them.

When is AMC Entertainment's next earnings date?

AMC Entertainment is scheduled to release its next quarterly earnings announcement on Monday, November 1st 2021.#N#View our earnings forecast for AMC Entertainment.

How were AMC Entertainment's earnings last quarter?

AMC Entertainment Holdings, Inc. (NYSE:AMC) issued its quarterly earnings data on Sunday, August, 8th. The company reported ($0.71) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.91) by $0.20. The company earned $444.70 million during the quarter, compared to the consensus estimate of $382.11 million.

How has AMC Entertainment's stock price been impacted by Coronavirus?

AMC Entertainment's stock was trading at $3.64 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, AMC stock has increased by 1,194.8% and is now trading at $47.13.#N#View which stocks have been most impacted by COVID-19.

What price target have analysts set for AMC?

7 brokers have issued 1-year target prices for AMC Entertainment's stock. Their forecasts range from $1.00 to $16.00. On average, they anticipate AMC Entertainment's stock price to reach $5.58 in the next year.

What is Adam Aron's approval rating as AMC Entertainment's CEO?

596 employees have rated AMC Entertainment CEO Adam Aron on Glassdoor.com. Adam Aron has an approval rating of 63% among AMC Entertainment's employees. This puts Adam Aron in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

Summary

AMC’s fundamentals are trending much better than what Wall Street is modeling, and I believe it can post significantly higher normalized EBITDA versus previous cycles.

AMC Stock Price

AMC Entertainment is currently trading at $56.70 (Thursday's close) and there were ~501.78 mn shares outstanding as of June 2, 2021. On June 3, it also completed an additional 11.55 mn share offering. So, the current share count is approximately 513.33 mn. This gives the company a market cap. of ~$29.1 bn.

What Was AMC's Highest Stock Price?

AMC's stock price made an all-time high of $72.62 on June 2nd. This is way higher than the current sell-side target price for the stock which ranges between $1 and $16 with an average of ~$5.25. A $5.25 stock price corresponds to ~$2.7 bn in market cap and an EV of ~$6.9 bn.

Why Did AMC Stock Go Up?

While it is difficult to pinpoint why r/WallStreetBets users target any particular stock, I believe management's commentary on the recent earnings call might have reignited the hopes for the bulls.

AMC stock short squeeze

Recently, AMC stock has rallied mainly due to the short squeeze rather than fundamentals. Is a short squeeze behind the stock’s latest surge? AMC stock carries a short interest of more than 30 percent, according to Fintel data. The short bets have increased from 24 percent about a week ago and 11 percent in March.

How high can AMC stock go?

The January squeeze sent AMC stock to a peak of $20.36. It’s almost back there after the latest rally. Since the stock still carries significant short interest, it could go higher on a short squeeze. It's tough to tell exactly how high the stock could climb from the current level.

How much have AMC stock short sellers lost?

Shorting AMC stock is expensive. Hedge funds that bet against the theater operator are counting their losses. According to analytics firm S3 Partners, the May 26 rally caused AMC short sellers a $290 million loss. Those bears lost more than $540 million between May 25 and May 26. For the year, AMC short sellers are down $1.37 billion.

AMC stock forecast

CFRA upgraded its AMC stock target price to $18 from $2.50. It's Wall Street’s most bullish price forecast for the movie theater chain. On average, AMC carries a consensus target price of $5.11, which implies a 74 percent downside from the current price.

Should you still buy AMC stock now?

With the prospects that AMC stock could go higher amid a short squeeze and renewed Amazon acquisition rumors, many investors wonder whether now is the time to buy. Depending on your investing goal, you might want to buy AMC stock now or stay away.

How much money has AMC raised?

AMC Entertainment has raised more than 2.2 billion dollars in cash. 90% of AMC theaters in the United States are now open with New York and Los Angeles finally reopening. Vaccinations and policies are making movie theaters safe. New movie titles are guaranteed to increase sales revenues.

When will AMC reopen?

President and CEO of AMC Entertainment Adam Aron, announced AMC will reopen all 13 AMC theaters in New York City as of March 5th. As of today, all AMC movie theaters are now open across the United States with many selling out. Check out what Adam Aron had to say (via. Investor Relations AMC)

Is AMC a short squeeze?

FOX Business reported AMC to have a strong chance of a short squeeze. Coming from a big news platform it certainly brings the stock sentiment up for most retail investors.

What happens if AMC short squeezes?

If an AMC short squeeze doesn’t occur, AMC stock price will still go up allowing shareholders to make at least some sort of profit. With AMC theaters now open, it’s inevitable that the company will begin to see bigger sales revenue every time a new title is released.

What is gamma squeeze?

A gamma squeeze are momentum gains. These usually occur from call options closing in the pocket resulting in heavy buys or purchases in the market. A short squeeze is vigorous and can spike with no warning. This is where you see 100% gains in a matter of seconds and minutes.