AMC Stock Surges as Macquarie Lifts Theater Box Office Outlook - AMC Entertainment Hldgs (NYSE:AMC)

AMC Entertainment shares rose as Macquarie lifted its outlook, while the firm kept a Neutral rating. Macquarie increased its AMC price target from $1.50 to $2, projecting upside from recent trading levels. The broker also raised its 2026 adjusted EBITDA estimate to $629 million from $600 million, and improved its full-year adjusted loss to 24 cents per share versus a prior 28 cents. The update was supported by expectations of a box-office recovery, with Macquarie raising its 2026 industry box office forecast to $9.8 billion, up 13% year over year. At the same time, it warned that rising costs and a slower recovery are downside risks. AMC traded at $1.94, up 6.9% over its 50-day SMA and 4.4% above its 200-day SMA, with an RSI of 48.82.