
National CineMedia (NCMI) Stock Forecast & Price Target
National CineMedia (NCMI) Analyst Ratings
Bulls say
National CineMedia Inc is poised for growth as cinema attendance rebounds, which is expected to attract increased advertising bookings starting in Q3. The company has enhanced its targeting capabilities and ad servicing for local campaigns, positioning itself for market share gains over the next two years, as advertisers increasingly shift budgets from linear TV to targeted cinema advertising platforms. Additionally, National CineMedia's commitment to returning cash to shareholders through dividends and share repurchases, along with improved monetization of ad inventory, further strengthens the positive outlook for the company's financial performance.
Bears say
National CineMedia Inc. is facing a challenging outlook due to anticipated fourth-quarter revenue guidance of $91.0-98.0 million, which falls below previous forecasts and indicates modest growth amidst expected headwinds related to the AMC renewal. The company projects a significant drag on EBITDA margins due to this renewal, combined with a misalignment between box office performance and advertising spending patterns, which negatively impacted revenue estimates. Additionally, while attendance is projected to increase by 30% year-over-year, the expected 20% decline in per attendee revenue reflects ongoing pressures on the company’s financial performance.
This aggregate rating is based on analysts' research of National CineMedia and is not a guaranteed prediction by Public.com or investment advice.
National CineMedia (NCMI) Analyst Forecast & Price Prediction
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