Broadcom named strategic vendor for Walmart virtualization solutions
Investing.com - Benchmark initiated coverage on Lionsgate Studios Corp (NASDAQ:LION) with a Buy rating and an $8.50 price target on Monday. The stock currently trades at $6.54, with analyst targets ranging from $8.00 to $11.61, according to InvestingPro data.
The research firm cited the studio’s valuable intellectual property portfolio, which includes global blockbuster franchises like "Hunger Games" and "John Wick," along with iconic TV series such as "Mad Men," "Weeds," and CBS’s "Ghosts."
Benchmark highlighted Lionsgate’s library, which generated approximately $950 million in high-margin, predictable sales for its most recently concluded fiscal year.
The firm noted it has followed Lionsgate’s business for over two decades when it was housed within former Lions Gate Entertainment, prior to the May 2025 STARZ spin-off.
Benchmark’s $8.50 price target represents an eighteen-month outlook for the stock, which the firm categorized as a "top indie Motion Picture and Television producer."
In other recent news, Lionsgate Studios Corp reported disappointing box office results for its film "Ballerina," which opened with $25 million domestically, falling short of the projected $35-40 million. The film has since earned $42 million in total domestic revenue. Despite this, Raymond (NSE:RYMD) James maintained its Outperform rating and set a $10.00 price target for the company, though it adjusted its OIBDA estimates downward. Loop Capital also initiated coverage of Lionsgate with a Hold rating and an $8.00 price target, citing the company’s valuation and strategic position after separating from Starz.
Lionsgate, as a standalone entity, has a vast film and TV library generating nearly $1 billion in annual revenue, making it a potentially attractive acquisition target. However, Loop Capital noted that the company’s management is focused on business growth rather than acquisition opportunities. Raymond James highlighted Lionsgate’s unique position as the only standalone public film and TV studio, distinguishing it from other media stocks affected by the declining linear TV market. Despite challenges in fiscal year 2025, including box office disappointments and TV business struggles, Raymond James sees potential for investors due to the current stock price reflecting these setbacks.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.