Marcus (MCS) Stock Forecast & Price Target

Marcus Corp. demonstrates a robust financial outlook, with expected EBITDA growth to $112.3 million and a revenue increase of 2.5% to $791 million across both business segments by 2026. The company's movie theatres segment is projected to have driven a remarkable 7% year-over-year increase in attendance, alongside nearly a 14% growth in concession revenue, fueled by a strong lineup of tentpole films. Additionally, the Hotels and Resorts segment is anticipated to achieve normalized growth of approximately 3% to 4%, further supporting the overall revenue expectation of nearly 10% growth to $206 million.

Marcus Corp has experienced a significant decline in admissions revenues, dropping by 16.6%, which is worse than the industry average decrease of 12%. The company's EBITDA of $40.4 million has shown a substantial year-over-year decline, indicating weaker performance relative to prior comparisons. Additionally, the outlook for flat hotel profitability through FY26 amid potential macroeconomic challenges suggests a stagnant revenue environment, further contributing to a negative outlook on the stock.