B. Riley Lifts AMC Target to $2 on Stronger Box Office Trends

AMC Entertainment Holdings, Inc. (NYSE:AMC) is included among the Top 10 Reddit Stocks That Will Skyrocket.

B. Riley Lifts AMC Target to $2 on Stronger Box Office Trends

On April 17, B. Riley raised its price recommendation on AMC Entertainment Holdings, Inc. (NYSE:AMC) to $2 from $1.50. It reiterated a Neutral rating on the shares. Box office revenue across the industry climbed 22% year over year during the period. That came in stronger than expected. March releases did much of the heavy lifting, especially “Project Hail Mary.” Titles like “Scream 7” and “Hoppers” also added support, the analyst noted. For Q2, the firm expects modest growth. June should be stronger, but April and May look softer by comparison. There have also been some mixed revisions to key film assumptions.

On April 6, AMC Entertainment reported a record performance over the five-day Easter holiday weekend. It marked the highest combined global admissions and food and beverage revenue for that holiday period in the company’s 106-year history. Between Wednesday, April 1, and Sunday, April 5, more than 6.0 million guests visited AMC locations in the US and ODEON Cinemas sites internationally.

This also turned out to be AMC’s strongest Wednesday-to-Sunday attendance stretch so far in 2026. A large part of that momentum came from the debut of THE SUPER MARIO GALAXY MOVIE. The film delivered a reported global opening of about $372 million. Attendance was strong across AMC Theatres in the US and ODEON Cinemas abroad. The film’s broad, family-friendly appeal helped sustain traffic through the weekend, with families and younger audiences showing up in large numbers.

AMC Entertainment Holdings, Inc. (NYSE:AMC) operates as a movie exhibition company. It owns, operates, or holds interests in theatres, mainly across the United States and Europe. The business runs through two segments: U.S. markets and International markets.

While we acknowledge the risk and potential of AMC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than AMC and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 Healthcare Stocks with Highest Dividends and 10 Fastest Growing Dividend Stocks to Buy Now

Disclosure: None. Follow Insider Monkey on Google News.