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Cinemark (CNK) Stock Forecast & Price Target

$21.60
+0.03 (+0.14%)
(As of 12:27 PM 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

Consensus Price Target

$21.33
-1.23% Downside
High Forecast$26.00
Average Forecast$21.33
Low Forecast$12.00
TypeCurrent Forecast
7/3/23 to 7/2/24
1 Month Ago
6/3/23 to 6/2/24
3 Months Ago
4/4/23 to 4/3/24
1 Year Ago
7/3/22 to 7/3/23
Consensus Rating
Moderate Buy
Hold
Hold
Hold
Strong Buy
1 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
2 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
4 Hold rating(s)
Sell
1 Sell rating(s)
1 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
Consensus Price Target$21.33$20.33$17.40$17.72
Forecasted Upside-1.23% Downside15.49% Upside11.52% Upside10.52% Upside

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
2.70
2.55
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside-1.10% Downside136.60% Upside12.47% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/1/2024Benchmark
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 Reiterated RatingBuy ➝ Buy$23.00 ➝ $23.00+6.04%
6/27/2024Wedbush
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 Reiterated RatingOutperform ➝ Outperform$25.00 ➝ $25.00+19.05%
6/24/2024Roth Capital
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E. Handler
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UpgradeHold ➝ Strong-Buy
6/24/2024Roth Mkm
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 UpgradeNeutral ➝ Buy$19.00 ➝ $26.00+33.47%
6/17/2024Barrington Research
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 Reiterated RatingOutperform ➝ Outperform$24.00 ➝ $24.00+27.39%
5/3/2024B. Riley
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E. Wold
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Boost TargetNeutral ➝ Neutral$14.00 ➝ $16.00-10.46%
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4/8/2024JPMorgan Chase & Co.
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 Boost TargetNeutral ➝ Neutral$17.00 ➝ $19.00-0.94%
4/5/2024Wells Fargo & Company
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 UpgradeUnderweight ➝ Overweight$13.00 ➝ $23.00+22.67%
1/11/2024The Goldman Sachs Group
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 Lower TargetSell ➝ Sell$16.00 ➝ $12.00-13.29%
8/7/2023Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$22.00 ➝ $24.00+33.48%
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 Tuesday at 12:44 PM ET.

CNK Forecast - Frequently Asked Questions

What is Cinemark's stock forecast and purchase recommendation?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Cinemark is $21.33, with a high forecast of $26.00 and a low forecast of $12.00. The consensus rating for Cinemark stock is Moderate Buy based on the current 1 sell rating, 2 hold ratings, 6 buy ratings and 1 strong buy rating for CNK. Learn more on CNK's analyst rating history.

Do Wall Street analysts like Cinemark more than its competitors?

Analysts like Cinemark more than other "consumer discretionary" companies. The consensus rating score for Cinemark is 2.70 while the average consensus rating score for "consumer discretionary" companies is 2.55. Learn more on how CNK compares to other companies.

Is Cinemark being upgraded by Wall Street analysts?

Over the previous 90 days, Cinemark's stock had 3 upgrades by analysts.

Does Cinemark's stock price have much upside?

According to analysts, Cinemark's stock has a predicted upside of 13.86% based on their 12-month stock forecasts.

What analysts cover Cinemark?

Cinemark has been rated by research analysts at B. Riley, Barrington Research, Benchmark, JPMorgan Chase & Co., Roth Capital, Roth Mkm, Wedbush, and Wells Fargo & Company in the past 90 days.


This page (NYSE:CNK) was last updated on 7/2/2024 by MarketBeat.com Staff

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