NCMI

National Cinemedia Inc

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Advanced Chart

4.550

+0.13(2.941%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

4.590

Open

4.440

VWAP

4.47

Vol

645.07K

Mkt Cap

426.38M

Low

4.350

Amount

2.88M

EV/EBITDA(TTM)

15.77

Total Shares

96.57M

377.00M

EV/OCF(TTM)

12.74

P/S(TTM)

1.78

National CineMedia, Inc. is a media company that operates the cinema advertising platform in the United States. Its platform consists of more than 18,400 screens in over 1,400 theaters in 196 Designated Market Areas. It presents multiple formats of The Noovie Show depending on the theater circuit in which it runs, including Post-Showtime advertising inventory after the advertised showtime. It also sells advertising on its LEN, a series of screens located in movie theater lobbies, and other forms of advertising and promotions in theater lobbies. Its consumer-facing Noovie Trivia application allows brands to continue to reach movie audiences across multiple platforms, including sponsorships, digital advertising inventory such as leaderboards, banner advertisements, and others. The Noovie Show with Post-Showtime Inventory format is comprised of the same segments included within the Classic Noovie Show consisting of silver pod; gold pod; pre-trailer pod, and platinum spot.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

41.30M

+18.34%

96.58M

+11.91%

64.23M

+2.92%

Estimates Revision

The market is revising No Change the revenue expectations for National CineMedia, Inc. (NCMI) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -10.78%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

Stock Price

Go Down

-10.78%

In Past 3 Month

4 Analyst Rating

48.35% Upside

Wall Street analysts forecast NCMI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for NCMI is 6.75 USD with a low forecast of 6.00 USD and a high forecast of 7.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

3 Buy

1 Hold

0 Sell

Strong Buy

48.35% Upside

Current: 4.550

Low

6.00

Averages

6.75

High

7.00

48.35% Upside

Current: 4.550

Low

6.00

Averages

6.75

High

7.00

Wedbush

Outperform

NULL

downgrade

2025-08-04

Reason

Wedbush

Price Target

2025-08-04

downgrade

Outperform

NULL

Reason

Wedbush lowered the firm's price target on National CineMedia to $7 from $7.50 and keeps an Outperform rating on the shares. While the firm's expectations are low for Q2 results, Wedbush favors National CineMedia as it stands to gain from a strong box office environment beginning from Q3 throughout 2026; will benefit from advertising dollars shifting from linear TV toward CTV and highly targeted advertising mediums like cinema; is putting various measures in place to gain advertising market share; and is committed to returning cash to shareholders by dividend and share repurchases.

Benchmark

Buy

downgrade

$8 -> $7

2025-06-25

Reason

Benchmark

Price Target

$8 -> $7

2025-06-25

downgrade

Buy

Reason

Benchmark lowered the firm's price target on National CineMedia to $7 from $8 and keeps a Buy rating on the shares. The firm is lowering Q2 and FY25 estimates, reflecting weaker-than-expected monetization of "surprise film upside," tariff-related pressure on national ad categories, and a "challenging" Q3 setup.

B. Riley

Buy -> Neutral

downgrade

2025-05-16

Reason

B. Riley

Price Target

2025-05-16

downgrade

Buy -> Neutral

Reason

B. Riley downgraded National CineMedia (NCMI) to Neutral from Buy with a price target of $6, down from $8.50, following a transfer of coverage. The firm is "generally constructive" on the exhibitor space, saying the sector is underpinned by a strong Hollywood film slate for 2025 and 2026 that should fuel further box office recovery and benefit relevant industry participants. Riley also finds limited tariff risk and a history of movie-going resiliency during periods of economic weakness "to be additional market themes that are supportive of this favorable backdrop." The firm's top pick across the group is Imax (IMAX), followed by Marcus (MCS). Riley reduced reducing estimates for National CineMedia's 2025 and 2026, citing lower performance for Q1 relative to prior projections and limited near-term visibility around advertising.

Barrington Research

Patrick Sholl

Buy

Maintains

2025-03-14

Reason

Barrington Research

Patrick Sholl

Price Target

2025-03-14

Maintains

Buy

Reason

Barrington analyst Patrick Sholl lowered the firm's price target on National CineMedia to $7 from $8.25 and keeps an Outperform rating on the shares. The company issued "soft" guidance as the difficult advertising market is also impacting China, the analyst tells investors in a research note.

Wedbush

Alicia Reese

Hold

Buy

Upgrades

$7.5

2025-03-14

Reason

Wedbush

Alicia Reese

Price Target

$7.5

2025-03-14

Upgrades

Hold

Buy

Reason

Wedbush upgraded National CineMedia to Outperform from Neutral with a $7.50 price target.

Barrington Research

James Goss

Buy

Maintains

$8.25 → $7

2025-03-07

Reason

Barrington Research

James Goss

Price Target

$8.25 → $7

2025-03-07

Maintains

Buy

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for National Cinemedia Inc (NCMI.O) is -241.53, compared to its 5-year average forward P/E of -6.71. For a more detailed relative valuation and DCF analysis to assess National Cinemedia Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-6.71

Current PE

-241.53

Overvalued PE

66.19

Undervalued PE

-79.61

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

-12.87

Current EV/EBITDA

7.45

Overvalued EV/EBITDA

132.74

Undervalued EV/EBITDA

-158.48

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

1.44

Current PS

1.62

Overvalued PS

2.36

Undervalued PS

0.52

Financials

Annual

Quarterly

FY2025Q2

YoY :

-5.30%

51.80M

Total Revenue

FY2025Q2

YoY :

+76.92%

-11.50M

Operating Profit

FY2025Q2

YoY :

+22.99%

-10.70M

Net Income after Tax

FY2025Q2

YoY :

+22.22%

-0.11

EPS - Diluted

FY2025Q2

YoY :

-203.12%

-6.60M

Free Cash Flow

FY2025Q2

YoY :

-35.25%

16.22

Gross Profit Margin - %

FY2025Q2

YoY :

+36.88%

10.28

FCF Margin - %

FY2025Q2

YoY :

+29.94%

-20.66

Net Margin - %

FY2025Q2

N/A

ROIC

Trading Trends

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

513.1K

USD

3-6

Months

997.9K

USD

6-9

Months

1.8M

USD

0-12

Months

5.5K

USD

Bought

0-3

0.0

USD

Months

3-6

2.5M

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

1.5K

Volume

6-9

Months

0.0

Volume

0-12

Months

0.0

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

611.2K

Volume

Months

0-12

0.0

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

513.1K

USD

3-6

Months

997.9K

USD

6-9

Months

1.8M

USD

0-12

Months

5.5K

USD

Bought

0-3

0.0

USD

Months

3-6

2.5M

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

NCMI News & Events

Events Timeline

2025-08-05 (ET)

2025-08-05

16:21:41

National CineMedia reports Q2 EPS (11c), one estimate (12c)

2025-06-10 (ET)

2025-06-10

08:20:16

National CineMedia selects Operative's suite of AI-based cloud solutions

2025-06-03 (ET)

2025-06-03

15:53:14

AMC agrees to expanded ad deal with National CineMedia, Bloomberg reports

News

2.0

07-01TipRanks

AMC Entertainment (AMC) Stock Drops on Increased Ads

7.5

06-26Newsfilter

National CineMedia Expands Programmatic Inventory Through New Partnership with Vistar Media

7.5

06-10Globenewswire

National CineMedia Selects Operative’s Suite of AI-Based Cloud Solutions to Further Maximize Sales Opportunities and Ad Delivery to Cinemas Across the U.S.