LION
Less doom, more meh
Wall Street Zen just upgraded Lionsgate Studios from sell to hold. That’s not the kind of upgrade that sends confetti flying, but in analyst-land, moving from “we really don’t like this” to “fine, let’s wait and see” can still matter.
The stock already got the memo
Shares jumped roughly 12.6% to open at $12.46, which is basically the market’s way of saying, “Yeah, we heard you.” The stock was also hovering near its 12-month high of $12.47, so traders are clearly giving Lionsgate the benefit of the doubt for now.
Not exactly a clean bill of health
The bigger picture is still a mixed bag:
- Recent quarterly EPS loss of $0.07 missed estimates
- Revenue of $724.3 million beat expectations
- The stock still carries a negative P/E of -14.66
- Market cap sits around $3.62 billion
So yes, the company is showing some sales strength, but profitability is still doing its best impression of a fog machine.
Analysts are more split than a family group chat
Across Wall Street, the current vibe is actually more constructive than Wall Street Zen’s old sell call. The consensus includes eight Buys, four Holds, and one Sell, with an average Moderate Buy rating and a $10.65 price target.
That means this upgrade doesn’t rewrite the story — but it does nudge the narrative away from “hard pass” and toward “maybe keep it on the watchlist.”
Big picture: investors seem willing to look past the near-term mess and focus on the recovery story. Whether Lionsgate can turn that into a real rerating is the part worth watching.