
National CineMedia (NCMI) Stock Forecast & Price Target
National CineMedia (NCMI) Analyst Ratings
Bulls say
National CineMedia (NCM) is expected to see increased advertiser interest due to a rebound in cinema attendance, leading to heightened ad bookings starting in the third quarter. The company's enhanced targeting and optimization capabilities for local advertising campaigns are likely to facilitate market share growth over the next two years. Additionally, as advertising dollars continue to shift from traditional media to cinema and other targeted formats, NCM is poised to capitalize on this trend while maintaining a commitment to returning cash to shareholders through dividends and share repurchases.
Bears say
National CineMedia faces a negative outlook primarily due to a mismatch between box office performance and advertising spending, which has led to lowered revenue estimates; despite an anticipated 30% increase in attendance year-over-year, revenue per attendee is expected to decline by 20%. Additionally, competitive pressures from industry consolidations, particularly from Screenvision, pose a significant risk to advertising revenue growth, further complicating the company's financial trajectory. Concerns regarding gross margin contraction from a changing revenue mix and potential conflicts of interest with founding theater partners add to the overarching concerns about the financial stability and future performance of the firm.
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
Start investing in National CineMedia (NCMI)
Order type
Buy in
Order amount
Est. shares
0 shares