Cinemark (CNK) Holdings Declines on Price Target Downgrade

Cinemark Holdings, Inc. (NYSE:CNK) is one of the 10 Stocks That Investors Are Dumping.

Cinemark Holdings declined by 5.97 percent on Wednesday to end at $28.81 apiece as investor sentiment was dampened by an investment firm’s reduced price target for its stock.

In a market note, Roth Capital lowered its price target for Cinemark Holdings, Inc. (NYSE:CNK) to $35 from $36 previously, but maintained its “buy” recommendation for its stock. Still, the new price target marked a 21.5 percent upside from its latest closing price.

According to Roth Capital, Cinemark Holdings, Inc. (NYSE:CNK) is beginning to benefit from a content cycle spanning over two years, and is expected to contribute to margin growth, increased free cash flows, and higher capital returns.

Meanwhile, Cinemark Holdings, Inc. (NYSE:CNK) is expected to release the results of its earnings performance in the second quarter period in the first week of August 2025.

Cinemark (CNK) Holdings Declines on Price Target Downgrade

A ticket booth outside a theatre, directing customers to the films of the day.

Earlier this year, Cinemark Holdings, Inc. (NYSE:CNK) already hinted at a more favorable second quarter performance, with President and CEO Sean Gamble saying that the said period “is already pacing well ahead of 2024’s box office results, showcasing the strong, sustained enthusiasm consumers have for experiencing a diverse range of compelling, well-marketed films in theaters.”

While we acknowledge the risk and potential of CNK 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 CNK and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.