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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
NFLX
NETFLIX INC
United States
$277.13B430,964,99180.12%6.44%Net SellingNet Selling
IQ
IQIYI INC
China
$3.50B6,716,137,0854.72%0.00%
EDR
ENDEAVOR GROUP HOLDINGS INC
United States
$8.21B302,461,1286.57%93.43%Net SellingNet Selling
CNM
CORE & MAIN INC
United States
$10.41B201,459,22397.49%0.14%Net SellingNet Selling
SPHR
SPHERE ENTERTAINMENT CO
United States
$1.53B35,327,87588.35%3.68%Net Buying
LYV
LIVE NATION ENTERTAINMENT INC
United States
$21.92B231,442,56842.79%57.21%Net SellingNet Selling
NXST
NEXSTAR MEDIA GROUP INC
United States
$5.79B32,829,85377.30%22.70%Net BuyingNet Buying
SIRI
SIRIUS XM HOLDINGS INC
United States
$13.31B3,846,631,6942.62%97.38%Net SellingNet Selling
AMCX
AMC NETWORKS INC
United States
$463.34M44,043,27019.19%80.81%Net SellingNet Selling
FOXA
FOX CORP
United States
$17.32B466,731,15777.36%22.64%Net SellingNet Selling
WMG
WARNER MUSIC GROUP CORP
United States
$16.66B517,913,50024.50%2.20%Net Selling
AGAE
ALLIED GAMING & ENTERTAINMENT INC
United States
$61.45M45,515,3131.73%98.27%Net BuyingNet Buying
NWSA
NEWS CORP
United States
$15.83B569,888,84279.44%14.38%Net SellingNet Selling
RSVR
RESERVOIR MEDIA INC
United States
$501.03M64,900,01419.11%80.89%Net BuyingNet Buying
PLAY
DAVE & BUSTER's ENTERTAINMENT INC
United States
$1.56B39,560,18073.76%26.24%Net SellingNet Buying
TOON
KARTOON STUDIOS INC
United States
$41.36M39,387,5000.31%99.69%Net BuyingNet Buying
MCS
MARCUS CORP
United States
$373.32M32,154,96785.94%14.06%Net BuyingNet Buying
LVO
LIVEONE INC
United States
$152.39M98,957,31618.34%24.29%Net BuyingNet Selling
ADD
COLOR STAR TECHNOLOGY CO LTD
China
$11.06M51,211,0120.18%15.40%
ROKU
ROKU INC
United States
$9.05B144,164,66668.93%5.23%Net SellingNet Selling
IMAX
IMAX CORP
Canada
$928.26M52,622,20056.05%43.95%Net SellingNet Selling
BREA
BRERA HOLDINGS PLC
Ireland
$8.05M11,445,0000.21%0.00%
CPOP
POP CULTURE GROUP CO LTD
China
$3.76M2,439,0410.74%0.00%
CNVS
CINEVERSE CORP
United States
$13.27M15,606,3410.93%99.07%Net Buying
CNK
CINEMARK HOLDINGS INC
United States
$2.66B122,346,36535.79%64.21%Net Selling
WBD
WARNER BROS DISCOVERY INC
United States
$20.88B2,450,313,39859.88%30.71%Net SellingNet Buying
DIS
WALT DISNEY CO
United States
$176.45B1,823,043,02667.29%0.90%Net BuyingNet Buying
HUYA
HUYA INC
China
$962.63M233,083,36918.28%0.00%
PARA
PARAMOUNT GLOBAL
United States
$7.75B666,478,68270.31%21.17%Net Selling
AENT
ALLIANCE ENTERTAINMENT HOLDING CORP
United States
$286.20M110,930,7700.07%35.36%Net BuyingNet Buying
SBGI
SINCLAIR INC
United States
$965.53M66,177,78040.04%11.80%Net Buying
ANGH
ANGHAMI INC
United Arab Emirates
$28.52M29,709,6410.30%0.00%
AMC
AMC ENTERTAINMENT HOLDINGS INC
United States
$1.51B295,587,74727.86%72.14%
RDI
READING INTERNATIONAL INC
United States
$32.97M22,426,40925.54%74.46%Net SellingNet Selling
HOFV
HALL OF FAME RESORT & ENTERTAINMENT CO
United States
$19.05M6,525,5820.96%99.04%Net Buying
MSGS
MADISON SQUARE GARDEN SPORTS CORP
United States
$4.71B23,945,92268.39%2.93%Net Selling
GAIA
GAIA INC
United States
$110.43M23,446,01820.55%79.45%Net BuyingNet Buying
BATRA
ATLANTA BRAVES HOLDINGS INC
United States
$2.82B61,939,82077.47%21.93%Net BuyingNet Buying
FWONA
LIBERTY MEDIA CORP
United States
$23.17B326,690,27977.39%22.61%Net BuyingNet Buying
KUKE
KUKE MUSIC HOLDING LTD
China
$39.90M33,251,7230.00%0.00%
MANU
MANCHESTER UNITED PLC
United Kingdom
$2.77B165,823,00015.87%0.00%
LION
LIONSGATE STUDIOS CORP
United States
$2.32B288,681,22420.46%79.54%Net Selling
LGF.B
LIONS GATE ENTERTAINMENT CORP
United States
$1.96B235,808,25061.53%38.47%Net BuyingNet Buying
MMV
MULTIMETAVERSE HOLDINGS LTD
China
$17.78M33,048,9140.04%9.31%
TKO
TKO GROUP HOLDINGS INC
United States
$17.99B170,306,96621.47%78.53%Net Selling

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. Netflix (NASDAQ:NFLX)


Netflix (NASDAQ:NFLX) is the top entertainment stock with a Zen Score of 61, which is 39 points higher than the entertainment industry average of 22. It passed 21 out of 33 due diligence checks and has strong fundamentals. Netflix has seen its stock return 35.43% over the past year, overperforming other entertainment stocks by 28 percentage points.

Netflix has an average 1 year price target of $680.54, an upside of 5.83% from Netflix's current stock price of $643.04.

Netflix stock has a consensus Buy recommendation according to Wall Street analysts. Of the 28 analysts covering Netflix, 46.43% have issued a Strong Buy rating, 21.43% 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.

2. Iqiyi (NASDAQ:IQ)


Iqiyi (NASDAQ:IQ) is the second best 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 -26.95% over the past year, underperforming other entertainment stocks by -35 percentage points.

Iqiyi has an average 1 year price target of $138.50, an upside of 3,699.73% from Iqiyi's current stock price of $3.65.

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.

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 16.94% over the past year, overperforming other entertainment stocks by 9 percentage points.

Endeavor Group Holdings has an average 1 year price target of $28.00, an upside of 3.21% from Endeavor Group Holdings's current stock price of $27.13.

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 3.01%, which is 2 percentage points higher than the entertainment industry average of 1.45%. 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 2.41%, which is 1 percentage points higher than the entertainment industry average of 1.45%. 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 1.79%, which is the same as the entertainment industry average of 1.45%.

Why are entertainment stocks down?

Entertainment stocks were down -0.85% in the last day, and up 0.06% over the last week. Netflix was the among the top losers in the entertainment industry, dropping -0.68% yesterday.

Netflix shares are trading lower after the company said it expects Q3 2024 paid net additions to be lower than Q3 2023.

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 -3.59% in the past year. It has underperformed other stocks in the entertainment industry by -12 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 9.12% in the past year. It has overperformed other stocks in the entertainment industry by 1 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 -22.82% 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 23.51% 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 52.68x.
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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.