Benchmark raised its price target on Cinemark Holdings to $37 from $35 while maintaining a Buy rating, citing the company's solid first-quarter 2026 results and improving second-quarter trends. Cinemark reported first-quarter revenue of $643.1 million, up 19% year-over-year and above the Street's forecast of $619.19 million, with a loss per share of $0.06 that narrowed from a loss of $0.32 a year ago and beat expectations of a $0.13 loss. The brokerage noted that second-quarter trends are tracking ahead of expectations, buoyed by strong film volume, surprise breakout films, and a favorable genre mix, along with improved operating leverage and a positive margin outlook.
Cinemark Holdings IncAnalyst price target raise and Buy rating maintained after strong Q1 results and upbeat Q2 trends.