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Cinemark (CNK) Stock Forecast & Price Target

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$32.63 +0.38 (+1.18%)
(As of 11/22/2024 ET)

Cinemark - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
1
Hold
3
Buy
7

Based on 11 Wall Street analysts who have issued ratings for Cinemark in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 11 analysts, 1 has given a sell rating, 3 have given a hold rating, 6 have given a buy rating, and 1 has given a strong buy rating for CNK.

Consensus Price Target

$30.80
-5.61% Downside
According to the 11 analysts' twelve-month price targets for Cinemark, the average price target is $30.80. The highest price target for CNK is $36.00, while the lowest price target for CNK is $20.00. The average price target represents a forecasted downside of -5.61% from the current price of $32.63.
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CNK Analyst Ratings Over Time

TypeCurrent Forecast
11/25/23 to 11/24/24
1 Month Ago
10/26/23 to 10/25/24
3 Months Ago
8/27/23 to 8/26/24
1 Year Ago
11/25/22 to 11/25/23
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
8 Buy rating(s)
5 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$30.80$28.10$24.60$19.39
Forecasted Upside-5.61% Downside-2.06% Downside-12.70% Downside36.35% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

CNK Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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CNK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Cinemark Stock vs. The Competition

TypeCinemarkConsumer Discretionary CompaniesS&P 500
Consensus Rating Score
2.64
2.56
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-5.61% Downside1,212.17% Upside7.66% Upside
News Sentiment Rating
Positive News

See Recent CNK News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/1/2024Wedbush
4 of 5 stars
A. Reese
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DowngradeStrong-Buy ➝ Hold
11/1/2024Wells Fargo & Company
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$31.00 ➝ $35.00+17.25%
11/1/2024Macquarie
2 of 5 stars
 Boost TargetOutperform ➝ Outperform$32.00 ➝ $34.00+14.44%
10/31/2024Barrington Research
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J. Goss
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UpgradeMarket Perform ➝ Outperform$36.00 ➝ $36.00+20.32%
10/14/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$25.00 ➝ $29.00-1.39%
10/11/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$29.00 ➝ $35.00+22.29%
10/10/2024Roth Mkm
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 Boost TargetBuy ➝ Buy$30.00 ➝ $33.00+16.73%
9/19/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$16.00 ➝ $20.00-28.90%
8/27/2024B. Riley
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E. Wold
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DowngradeBuy ➝ Neutral$31.00 ➝ $31.00+10.01%
7/1/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$23.00 ➝ $23.00+6.04%
6/24/2024Roth Capital
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E. Handler
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UpgradeHold ➝ Strong-Buy
4/6/2023Credit Suisse Group
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 Boost TargetNeutral$12.00 ➝ $14.00-7.96%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 02:02 PM ET.


CNK Forecast - Frequently Asked Questions

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Cinemark is $30.80, with a high forecast of $36.00 and a low forecast of $20.00.

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Cinemark in the last twelve months. There is currently 1 sell rating, 3 hold ratings, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CNK shares.

According to analysts, Cinemark's stock has a predicted downside of -5.61% based on their 12-month stock forecasts.

Over the previous 90 days, Cinemark's stock had 3 downgrades and 1 upgrade by analysts.

Cinemark has been rated by research analysts at B. Riley, Barrington Research, JPMorgan Chase & Co., Macquarie, Morgan Stanley, Roth Mkm, The Goldman Sachs Group, Wedbush, and Wells Fargo & Company in the past 90 days.

Analysts like Cinemark more than other "consumer discretionary" companies. The consensus rating score for Cinemark is 2.64 while the average consensus rating score for "consumer discretionary" companies is 2.56. Learn more on how CNK compares to other companies.


This page (NYSE:CNK) was last updated on 11/24/2024 by MarketBeat.com Staff
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