CNK Price Prediction Next Week
Analysis and Insights
News Sentiment and Fundamental Analysis:
Cinemark Holdings, Inc. (CNK) has shown resilience in the cinema industry, benefiting from a recovery in the North American box office and strong performance metrics. The company achieved record concession sales and a growing loyalty program, contributing to its financial stability. Analysts highlight CNK as one of the most undervalued mid-cap stocks, favored by hedge funds for its balanced risk-reward profile.
Technical Analysis:
The stock is currently oversold, with an RSI of 30.49, indicating a potential rebound. The MACD is bearish but showing early signs of divergence, suggesting a possible trend reversal. Fibonacci levels indicate strong support at $23.30 and resistance at $25.58.
Price Prediction and Recommendation:
Based on the analysis, the stock is expected to rise to $26.28 next week. The combination of positive news sentiment and oversold technical indicators makes this a favorable time to buy.
CNK Similar Chart Price Prediction
The price of CNK is predicted to go up -13.83%, based on the high correlation periods with SMTI. The similarity of these two price pattern on the periods is 98.82%.
CNK
SMTI
Down: -13.83%Similarity: 98.82%
CNK Revenue Forecast
CNK EPS Forecast
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CNK Analyst's Forecast
Benjamin Swinburne
Morgan Stanley
Buy
2025-02-20
Price Target
$40 → $35
Upside
+25.94%
Morgan Stanley lowered the firm's price target on Cinemark to $35 from $40 and keeps an Overweight rating on the shares. Continued strong box office recovery has given Cinemark greater confidence in increased investment, lowering near-term free cash flow estimates, but the firm views the recent share weakness as "a compelling buying opportunity" with expectations reset around both adjusted EBITDA margins and capital spending, the analyst tells investors in a post-earnings note.
Mike Hickey
Benchmark
Strong Buy
2025-02-20
Price Target
$40 → $35
Upside
+25.94%
James Goss
Barrington Research
Buy
2025-02-20
Price Target
$40 → $36
Upside
+29.54%
