AMCX
AMC Global Media Inc.

AMC Global Media Inc.AMCX

Communication Services · Entertainment
8.39USD
-0.47%
Nov 09, 2026
AMCX overview ready
Content library licensing and niche streaming service operator
Direct content-owner and niche-streaming operator participant: AMC Global Media owns entertainment brands and an original-content library, operates AMC+ and other targeted streaming services, distributes linear networks and FAST channels, and licenses programming to third-party platforms.
Theme not measured
Media & Entertainment has no leadership state this session.
Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
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 and subscriber churn.
Market Nov 6Filing Jun 30Price action Nov 8Research Oct 12

Conviction Level

Theme Momentum has no canonical measurement for this company — a research-profile dimension, not an input to this score.

PriceAction3.4BusinessPerformance2.0BusinessQuality6.3Valuation3.5ThemeMomentum—Weakening — Revenue fell 9% year over year in the latest quarter. Earnings turned negative: a diluted loss of -$0.51 against EPS of $0.91 a year earlier. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
Media & Entertainment — Media & Entertainment is tracked (3–4 priced members) — too few for a leadership state
Its economic family, Communications & Media, reads Improving (+3.0pp vs SPY) — the family’s reading, not this theme’s.
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads damaged structure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$363.5M
Avg Volume (60D)
677.2K
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
+52.4%
Distance from 200DMA
-11.6%
Next Earnings
2026-11-09
P/E
N/M
EV / EBITDA
11.4x
EV / Sales
0.7x
Market metrics as of Nov 6, 2026
Financial results for the period ended Jun 30, 2026
Filed balance-sheet data as of Jun 30, 2026

Business Performance

Weakening

Revenue fell 9% year over year in the latest quarter. Earnings turned negative: a diluted loss of -$0.51 against EPS of $0.91 a year earlier.

Latest reported: Q2 FY2026, ended Jun 30
Revenue growthDeclining
-8.8%
$547M in Q2 FY2026 · YoY
YoY growth, last 4 quarters
  1. -6.3%
  2. -0.8%
  3. -2.4%
  4. -8.8%
Earnings growthTurned to a loss
-$0.51
Diluted EPS -$0.51 vs $0.91 a year earlier · GAAP
Too few comparable EPS quarters: a loss or a turn to profit has no meaningful percentage.
Operating marginContracting
2.9%
-7.8 pp YoY

Business Quality

6.3 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

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
Direct content-owner and niche-streaming operator participant: AMC Global Media owns entertainment brands and an original-content library, operates AMC+ and other targeted streaming services, distributes linear networks and FAST channels, and licenses programming to third-party platforms.
Opportunity
Moderate opportunity
Media owners are increasingly monetizing established film and television libraries through third-party streaming licenses, channel distribution, ad-supported offerings, and bundled delivery as the industry prioritizes profitability, lower churn, and lower content-spend duplication over standalone app proliferation.
Key risk
Declining revenue growth and subscriber churn.

Economic classification

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Business & Markets

Communication Services · Entertainment
What they do

AMC Global Media Inc. operates entertainment programming networks and streaming services in the U.S. Internationally, producing original content and licensing programming to third parties.

How it earns

The company generates revenue primarily through subscription fees, advertising, and licensing agreements.

Products & services
AMC
We TV
BBCA
IFC
SundanceTV
AMC+
Acorn TV
Shudder
Sundance Now
ALLBLK
HIDIVE
All Reality
Customers & end markets
Individual streaming subscribers
Cable and satellite distributors
Third-party streaming platforms
International viewers
Market position

Niche streaming operator and content owner with a portfolio of established entertainment brands.

Demand drivers
Medium cyclicality

Demand for entertainment content can fluctuate with consumer spending and competitive streaming market dynamics.

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