Mike Hickey, an analyst from Benchmark Co., reiterated the Buy rating on Cinemark Holdings. The associated price target remains the same with $35.00.
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Mike Hickey has given his Buy rating due to a combination of factors that suggest a positive outlook for Cinemark Holdings. The company is expected to benefit from a robust lineup of film releases in the fourth quarter of 2025 and beyond, which includes highly anticipated titles that could drive increased attendance and improve profit margins. Additionally, Cinemark’s loyalty programs are contributing significantly to domestic revenue, enhancing customer engagement and spending per visit.
Another key factor is Cinemark’s strong financial position, which has been bolstered by recent debt repayments and share repurchases, allowing for potential increased returns to shareholders. The company’s strategic diversification into non-traditional content and premium formats is also seen as a way to broaden revenue streams and reduce dependency on blockbuster films. Furthermore, the adoption of artificial intelligence in film production is expected to lower costs and accelerate the release of new films, potentially boosting the number of films available for screening and increasing audience numbers.
In another report released on September 23, Barrington also reiterated a Buy rating on the stock with a $36.00 price target.