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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.

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

Netflix (NASDAQ:NFLX) 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 18 out of 33 due diligence checks and has strong fundamentals. Netflix has seen its stock return 74.76% over the past year, overperforming other entertainment stocks by 61 percentage points.

Netflix has an average 1 year price target of $649.82, an upside of 15.79% from Netflix's current stock price of $561.23.

Netflix stock has a consensus Buy recommendation according to Wall Street analysts. Of the 28 analysts covering Netflix, 42.86% have issued a Strong Buy rating, 25% have issued a Buy, 28.57% have issued a hold, while 0% have issued a Sell rating, and 3.57% have issued a Strong Sell.

Amc Networks (NASDAQ:AMCX) is the second best entertainment stock with a Zen Score of 45, which is 23 points higher than the entertainment industry average of 22. It passed 14 out of 33 due diligence checks and has strong fundamentals. Amc Networks has seen its stock lose -36.14% over the past year, underperforming other entertainment stocks by -50 percentage points.

Amc Networks has an average 1 year price target of $11.00, an upside of 1.57% from Amc Networks's current stock price of $10.83.

Amc Networks stock has a consensus Strong Sell recommendation according to Wall Street analysts. Of the 1 analyst covering Amc Networks, 0% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 100% have issued a Strong Sell.

Endeavor Group Holdings (NYSE:EDR) is the third best entertainment stock with a Zen Score of 44, which is 22 points higher than the entertainment industry average of 22. It passed 15 out of 33 due diligence checks and has strong fundamentals. Endeavor Group Holdings has seen its stock return 3.92% over the past year, underperforming other entertainment stocks by -10 percentage points.

Endeavor Group Holdings has an average 1 year price target of $28.00, an upside of 5.66% from Endeavor Group Holdings's current stock price of $26.50.

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.

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

Sirius Xm Holdings (NASDAQ:SIRI) has an annual dividend yield of 3.36%, which is 1 percentage points higher than the entertainment industry average of 1.92%. 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.

Liberty Media (NASDAQ:FWONA) has an annual dividend yield of 2.06%, which is the same as the entertainment industry average of 1.92%.

Marcus (NYSE:MCS) has an annual dividend yield of 1.95%, which is the same as the entertainment industry average of 1.92%. 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 64.6% indicates that its dividend yield is sustainable for the long-term.

Entertainment stocks were down -0.69% in the last day, and up 0.47% over the last week. Roku was the among the top losers in the entertainment industry, dropping -10.28% yesterday.

Roku shares are trading lower, reversing after gaining late Thursday on Q1 earnings.

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

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 78 points higher than the entertainment industry average of 22. It passed 7 out of 7 valuation due diligence checks.

Nexstar Media Group's stock has dropped -6.18% in the past year. It has underperformed other stocks in the entertainment industry by -20 percentage points.

Sirius Xm Holdings (NASDAQ:SIRI) is the second most undervalued entertainment stock based on WallStreetZen's Valuation Score. Sirius Xm Holdings has a valuation score of 86, which is 64 points higher than the entertainment industry average of 22. It passed 6 out of 7 valuation due diligence checks.

Sirius Xm Holdings's stock has dropped -17.26% in the past year. It has underperformed other stocks in the entertainment industry by -31 percentage points.

Fox (NASDAQ:FOXA) is the third most undervalued entertainment stock based on WallStreetZen's Valuation Score. Fox has a valuation score of 71, which is 49 points higher than the entertainment industry average of 22. It passed 5 out of 7 valuation due diligence checks.

Fox's stock has dropped -3.88% in the past year. It has underperformed other stocks in the entertainment industry by -18 percentage points.