AMCX
AMC Global Media Inc.

AMC Global Media Inc.AMCX

Communication Services · Entertainment
12.03USD
+0.25%
Sep 25, 2026
AMCX overview ready
AMC Global Media is a content owner and niche streaming operator monetizing a library of entertainment programming across AMC+, genre-focused direct-to-consumer services, linear networks, third-party bundles, advertising video on demand, and FAST channels.
Narrative is still early
Exposed to the Video Distribution Rebundling narrative through Ad-Supported Streaming and FAST Monetization — pure play.
Constructive pullback in an uptrend
Longer-term context reads early trend, with a near-term setup of constructive pullback.
Fair valuation
The price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.
Solid fundamentals
Free cash flow yield is strong.
Primary risk
Declining revenue growth.
Market Sep 24Filing Jun 30Price action Sep 24Research Sep 12

Conviction Level

NarrativeHeat4.0ThemeHeat6.8PriceAction6.6Valuation3.5CompanyPosition7.3
Price
Loading price history…

Price Action

Constructive pullback in an uptrend
Longer-term context reads early trend, with a near-term setup of constructive pullback.
EntryBreakout + retest

Price broke through the weekly SMA200, then retested it constructively and recovered — a fresh structural entry rather than a chase.

Key Financials

Market Cap
$343.0M
Avg Volume (60D)
714.2K
60 sessions
Revenue Growth YoY
-4.5%
FY2025 vs FY2024
Gross Margin
+44.5%
Trailing twelve months
Operating Margin
+2.3%
Trailing twelve months
Free Cash Flow Yield
+36.6%
Distance from 200DMA
+28.5%
Next Earnings
2026-11-06
P/E
N/M
EV / EBITDA
12.5x
EV / Sales
0.8x
Market metrics as of Sep 24, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Fundamentals & Valuation

Two of the three valuation perspectives say cheap; own history is the dissenting view. The published stance is held at fair because net debt above 60% of market capitalisation — refinancing risk may explain the price.
AMC Global Media Inc. has a Fair valuation stance because the price broadly reflects the cash the business actually produces, with upside and risk reasonably balanced.

Company Research

Thesis
AMC Global Media is a content owner and niche streaming operator monetizing a library of entertainment programming across AMC+, genre-focused direct-to-consumer services, linear networks, third-party bundles, advertising video on demand, and FAST channels.
Opportunity
Moderate opportunity
Media companies, connected-TV platforms, and distributors are shifting video monetization toward lower-cost ad-supported streaming tiers, free ad-supported streaming television channels, and bundled digital distribution as traditional linear-TV audiences erode.
Key risk
Declining revenue growth.

Narrative & Theme

Video Distribution Rebundling
Part of Ad-Supported Streaming and FAST Monetization, with moderate fit.
AMCX has real, direct exposure to the migration of entertainment consumption and ad budgets toward bundled, ad-supported streaming and FAST distribution.
Narrative HeatCooling4.0 / 10
Theme HeatNeutral6.8 / 10
This is the company’s own research reading. The canonical heat measurement for this story has not run.

Business & Markets

Communication Services · Entertainment
What they do

AMC Global Media Inc. operates entertainment programming networks and streaming services domestically and internationally, producing and licensing original content for its platforms and third parties.

How it earns

The company generates revenue primarily through subscription streaming services and licensing fees.

Products & services
AMC network
We TV
BBCA
IFC
SundanceTV
AMC+
Acorn TV
Shudder
Sundance Now
ALLBLK
HIDIVE
All Reality
Customers & end markets
Entertainment consumers in the United States
International entertainment audiences
Market position

A challenger in the entertainment and streaming industry with a portfolio of niche and general interest networks.

Demand drivers
Medium cyclicality

Demand for entertainment content can fluctuate with economic cycles and consumer discretionary spending.