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Best Entertainment Stocks to Buy Now (2024)
Top entertainment stocks in 2024 ranked by overall Zen Score. See the best entertainment stocks to buy now, according to analyst forecasts for the entertainment industry.

Industry: Entertainment
Ticker
Company
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
IQ
IQIYI INC
$3.36B$3.50$138.503,857.14%Strong Buy23.35%27.39%211.04%58.21%
NFLX
NETFLIX INC
$271.81B$633.34$694.839.71%Buy299.74%17.48%51.16%23.04%
EDR
ENDEAVOR GROUP HOLDINGS INC
$8.22B$27.18$28.003.02%Hold88.19%33.69%14.99%3.25%
CNM
CORE & MAIN INC
$10.37B$51.47$59.7116.02%Buy76.15%10.08%33.28%8.65%
SPHR
SPHERE ENTERTAINMENT CO
$1.52B$43.06$42.00-2.46%Buy497.23%N/AN/AN/A
LYV
LIVE NATION ENTERTAINMENT INC
$22.01B$95.10$116.5022.50%Strong Buy87.59%34.74%-683.09%3.92%
NXST
NEXSTAR MEDIA GROUP INC
$5.76B$175.37$214.7522.46%Strong Buy45.68%51.16%49.54%9.63%
AMCX
AMC NETWORKS INC
$467.74M$10.62$11.003.58%Strong Sell1-3.70%13.06%16.55%3.64%
SIRI
SIRIUS XM HOLDINGS INC
$13.10B$3.41$3.9616.33%Buy90.11%-0.43%-48.98%10.39%
FOXA
FOX CORP
$17.22B$36.89$35.89-2.71%Buy92.14%4.52%16.41%7.98%
WMG
WARNER MUSIC GROUP CORP
$16.57B$32.00$37.0015.63%Buy54.41%21.64%249.99%12.40%
NWSA
NEWS CORP
$15.60B$27.37N/AN/AN/AN/A4.50%78.73%8.14%3.96%
AGAE
ALLIED GAMING & ENTERTAINMENT INC
$61.90M$1.36N/AN/AN/AN/AN/AN/AN/AN/A
MCS
MARCUS CORP
$370.43M$11.52$20.0073.61%Strong Buy32.14%-15.48%2.52%1.14%
TOON
KARTOON STUDIOS INC
$41.36M$1.05N/AN/AN/AN/AN/AN/AN/AN/A
PLAY
DAVE & BUSTER's ENTERTAINMENT INC
$1.54B$38.82$66.7171.85%Buy76.35%22.57%57.55%4.45%
RSVR
RESERVOIR MEDIA INC
$501.68M$7.73$11.5048.77%Strong Buy18.95%151.98%N/AN/A
LVO
LIVEONE INC
$147.45M$1.49$4.00168.46%Strong Buy122.73%N/A-135.81%18.59%
ADD
COLOR STAR TECHNOLOGY CO LTD
$10.04M$0.20N/AN/AN/AN/AN/AN/AN/AN/A
IMAX
IMAX CORP
$933.52M$17.74$23.2931.26%Strong Buy75.41%35.03%23.86%7.49%
ROKU
ROKU INC
$9.02B$62.55$77.0823.23%Hold1211.20%N/A6.61%3.75%
CNVS
CINEVERSE CORP
$13.11M$0.84$9.00971.43%Buy1N/AN/AN/AN/A
CNK
CINEMARK HOLDINGS INC
$2.61B$21.37$23.7010.90%Strong Buy102.88%-2.74%85.74%5.85%
CPOP
POP CULTURE GROUP CO LTD
$3.66M$1.50N/AN/AN/AN/AN/AN/AN/AN/A
WBD
WARNER BROS DISCOVERY INC
$21.24B$8.67$11.4632.23%Buy141.64%N/A0.25%0.09%
DIS
WALT DISNEY CO
$174.54B$95.74$131.9537.82%Strong Buy193.98%87.66%12.62%6.42%
BREA
BRERA HOLDINGS PLC
$7.92M$0.68N/AN/AN/AN/AN/AN/AN/AN/A
HUYA
HUYA INC
$941.66M$4.04$7.4083.17%Strong Buy22.16%N/A9.12%6.90%
AENT
ALLIANCE ENTERTAINMENT HOLDING CORP
$285.98M$2.58N/AN/AN/AN/AN/AN/AN/AN/A
PARA
PARAMOUNT GLOBAL
$7.68B$11.52$12.508.51%Sell81.45%N/A7.09%2.99%
SBGI
SINCLAIR INC
$919.87M$13.90$13.00-6.47%Strong Sell14.55%N/A62.75%3.46%
ANGH
ANGHAMI INC
$28.61M$0.96N/AN/AN/AN/AN/AN/AN/AN/A
AMC
AMC ENTERTAINMENT HOLDINGS INC
$1.48B$5.01$3.57-28.80%Sell32.21%N/AN/A-0.54%
RDI
READING INTERNATIONAL INC
$32.07M$1.43$2.4067.83%Hold1N/AN/AN/AN/A
GAIA
GAIA INC
$113.95M$4.86N/AN/AN/AN/AN/AN/AN/AN/A
MSGS
MADISON SQUARE GARDEN SPORTS CORP
$4.71B$196.82N/AN/AN/AN/A2.11%51.35%N/AN/A
HOFV
HALL OF FAME RESORT & ENTERTAINMENT CO
$18.73M$2.87N/AN/AN/AN/AN/AN/A-51.49%-13.42%
BATRA
ATLANTA BRAVES HOLDINGS INC
$2.78B$44.82$54.0020.48%Strong Buy13.37%N/AN/AN/A
FWONA
LIBERTY MEDIA CORP
$23.50B$71.94$75.004.25%Buy2-29.37%N/AN/AN/A
KUKE
KUKE MUSIC HOLDING LTD
$41.23M$1.24N/AN/AN/AN/AN/AN/AN/AN/A
MANU
MANCHESTER UNITED PLC
$2.77B$16.69$16.00-4.13%Hold12.58%N/AN/AN/A
LION
LIONSGATE STUDIOS CORP
$2.21B$7.66$14.0082.77%Strong Buy1-15.74%N/A-24.12%4.68%
LGF.B
LIONS GATE ENTERTAINMENT CORP
$1.91B$8.09$16.0097.78%Strong Buy2N/AN/AN/AN/A
MMV
MULTIMETAVERSE HOLDINGS LTD
$18.21M$0.55N/AN/AN/AN/AN/AN/AN/AN/A
TKO
TKO GROUP HOLDINGS INC
$17.77B$104.34$119.3314.37%Strong Buy9N/AN/AN/AN/A

Entertainment Stocks FAQ

What are the best entertainment stocks to buy right now in Jul 2024?

According to Zen Score, the 3 best entertainment stocks to buy right now are:

1. Iqiyi (NASDAQ:IQ)


Iqiyi (NASDAQ:IQ) is the top entertainment stock with a Zen Score of 52, which is 30 points higher than the entertainment industry average of 22. It passed 17 out of 33 due diligence checks and has strong fundamentals. Iqiyi has seen its stock lose -33.46% over the past year, underperforming other entertainment stocks by -40 percentage points.

Iqiyi has an average 1 year price target of $138.50, an upside of 3,857.14% from Iqiyi's current stock price of $3.50.

Iqiyi stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering Iqiyi, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Netflix (NASDAQ:NFLX)


Netflix (NASDAQ:NFLX) is the second best entertainment stock with a Zen Score of 51, which is 29 points higher than the entertainment industry average of 22. It passed 18 out of 33 due diligence checks and has strong fundamentals. Netflix has seen its stock return 32.61% over the past year, overperforming other entertainment stocks by 26 percentage points.

Netflix has an average 1 year price target of $694.83, an upside of 9.71% from Netflix's current stock price of $633.34.

Netflix stock has a consensus Buy recommendation according to Wall Street analysts. Of the 29 analysts covering Netflix, 48.28% have issued a Strong Buy rating, 20.69% have issued a Buy, 27.59% have issued a hold, while 0% have issued a Sell rating, and 3.45% have issued a Strong Sell.

3. Endeavor Group Holdings (NYSE:EDR)


Endeavor Group Holdings (NYSE:EDR) is the third best entertainment stock with a Zen Score of 48, which is 26 points higher than the entertainment industry average of 22. It passed 16 out of 33 due diligence checks and has strong fundamentals. Endeavor Group Holdings has seen its stock return 17.51% over the past year, overperforming other entertainment stocks by 10 percentage points.

Endeavor Group Holdings has an average 1 year price target of $28.00, an upside of 3.02% from Endeavor Group Holdings's current stock price of $27.18.

Endeavor Group Holdings stock has a consensus Hold recommendation according to Wall Street analysts. Of the 8 analysts covering Endeavor Group Holdings, 0% have issued a Strong Buy rating, 25% have issued a Buy, 75% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the entertainment stocks with highest dividends?

Out of 6 entertainment stocks that have issued dividends in the past year, the 3 entertainment stocks with the highest dividend yields are:

1. Sirius Xm Holdings (NASDAQ:SIRI)


Sirius Xm Holdings (NASDAQ:SIRI) has an annual dividend yield of 3.05%, which is 2 percentage points higher than the entertainment industry average of 1.47%. Sirius Xm Holdings's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Sirius Xm Holdings's dividend has shown consistent growth over the last 10 years.

Sirius Xm Holdings's dividend payout ratio of 30% indicates that its dividend yield is sustainable for the long-term.

2. Marcus (NYSE:MCS)


Marcus (NYSE:MCS) has an annual dividend yield of 2.43%, which is 1 percentage points higher than the entertainment industry average of 1.47%. Marcus's dividend payout is not stable, having dropped more than 10% one times in the last 10 years. Marcus's dividend has not shown consistent growth over the last 10 years.

Marcus's dividend payout ratio of 65% indicates that its dividend yield is sustainable for the long-term.

3. Liberty Media (NASDAQ:FWONA)


Liberty Media (NASDAQ:FWONA) has an annual dividend yield of 1.76%, which is the same as the entertainment industry average of 1.47%.

Why are entertainment stocks down?

Entertainment stocks were down -0.83% in the last day, and down -1.09% over the last week.

We couldn't find a catalyst for why entertainment stocks are down.

What are the most undervalued entertainment stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued entertainment stocks right now are:

1. Nexstar Media Group (NASDAQ:NXST)


Nexstar Media Group (NASDAQ:NXST) is the most undervalued entertainment stock based on WallStreetZen's Valuation Score. Nexstar Media Group has a valuation score of 100, which is 79 points higher than the entertainment industry average of 21. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has dropped -3.66% in the past year. It has underperformed other stocks in the entertainment industry by -11 percentage points.

2. Fox (NASDAQ:FOXA)


Fox (NASDAQ:FOXA) is the second most undervalued entertainment stock based on WallStreetZen's Valuation Score. Fox has a valuation score of 71, which is 50 points higher than the entertainment industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Fox's stock has gained 9.4% in the past year. It has overperformed other stocks in the entertainment industry by 2 percentage points.

3. Amc Networks (NASDAQ:AMCX)


Amc Networks (NASDAQ:AMCX) is the third most undervalued entertainment stock based on WallStreetZen's Valuation Score. Amc Networks has a valuation score of 71, which is 50 points higher than the entertainment industry average of 21. It passed 5 out of 7 valuation due diligence checks.

Amc Networks's stock has dropped -23.65% in the past year. It has underperformed other stocks in the entertainment industry by -31 percentage points.

Are entertainment stocks a good buy now?

43.75% of entertainment stocks rated by analysts are a strong buy right now. On average, analysts expect entertainment stocks to rise by 25.55% over the next year.

What is the average p/e ratio of the entertainment industry?

The average P/E ratio of the entertainment industry is 50.3x.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.