AMCX
AMC Networks Inc.
AMCX has lower modeled downside risk, despite its lower overall score.
RDDT
Reddit, Inc.
RDDT has the edge over AMCX overall, supported by stronger fundamentals and stronger modeled upside.
AMCX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Under pressure | |
| Weak |
AMCX's revenue is currently stable, but its profitability, cash flow and balance sheet are under pressure.
RDDT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Strong | |
| Strong |
RDDT's revenue, profitability, cash flow and balance sheet are all currently healthy.
AMCX PE Valuation
AMCX has no meaningful PE right now: it lost money over the past year.
RDDT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 16x | $99.55 | — |
| Current | 20x | $99.55 | — |
| Cheap | 35x | $171 | +72% |
| Fair | 46x | $228 | +129% |
| Expensive | 53x | $262 | +163% |
Historical ranges are pointers, not guarantees.
RDDT's PE is 20x, but its earnings don't support one, so it isn't a reliable read right now.
AMCX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for AMCX, with profitability improving. However, they disagree widely on these estimates.
RDDT Forward outlook
| Metric | Outlook |
|---|---|
| Strongly improving | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect strong earnings and revenue growth for RDDT, with profitability improving. However, they disagree widely on these estimates.
AMCX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.22 | — |
| Q3 2026 | -$3.04 | +$0.56 |
| Q2 2026 | -$0.53 | +$3.69 |
| Q1 2026 | $0.89 | +$6.68 |
| Q4 2025 | $1.66 | +$6.76 |
| Q3 2025 | -$3.60 | -671% |
| Q2 2025 | -$4.22 | -422% |
| Q1 2025 | -$5.79 | -262% |
| Q4 2024 | -$5.10 | -204% |
RDDT has the stronger earnings trend. Trailing diluted EPS is down 184% for AMCX versus RDDT down 39%.
RDDT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $6.32 | +29% |
| Q3 2024 | -$7.98 | -$7.17 |
| Q2 2024 | -$8.19 | -$7.15 |
| Q1 2024 | -$8.38 | -$7.25 |
| Q4 2023 | -$0.56 | +$0.41 |
| Q3 2023 | -$0.81 | -$0.02 |
| Q2 2023 | -$1.04 | -$0.48 |
| Q1 2023 | -$1.13 | -$0.48 |
| Q4 2022 | -$0.97 | -$0.19 |
RDDT has returned to profit: it earned $4.90 per share over the past year, after losing money the year before.
AMCX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $566.1M | +0.8% |
| Q2 2026 | $547.5M | -8.8% |
| Q1 2026 | $542.1M | -2.4% |
| Q4 2025 | $594.8M | -0.8% |
| Q3 2025 | $561.7M | -6.3% |
| Q2 2025 | $600M | -4.1% |
| Q1 2025 | $555.2M | -6.9% |
| Q4 2024 | $599.3M | -12% |
AMCX's revenue fell from its 2022 peak and has held roughly level since: $566M last quarter, about level with the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -7.3% | -17 points |
| Q2 2026 | 2.9% | -7.8 points |
| Q1 2026 | 5.8% | -5.8 points |
| Q4 2025 | -8.6% | +34 points |
| Q3 2025 | 9.9% | -5.7 points |
| Q2 2025 | 11% | +9 points |
| Q1 2025 | 12% | -6.9 points |
| Q4 2024 | -42% | -41 points |
AMCX's operating margin was −7.3% last quarter, down 17 points from the same quarter a year ago.
RDDT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $895M | +53% |
| Q2 2026 | $804.9M | +61% |
| Q1 2026 | $663.4M | +69% |
| Q4 2025 | $725.6M | +70% |
| Q3 2025 | $584.9M | +68% |
| Q2 2025 | $499.6M | +78% |
| Q1 2025 | $392.4M | +61% |
| Q4 2024 | $427.7M | +71% |
RDDT has the edge over AMCX on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 29% | +5.5 points |
| Q2 2026 | 29% | +15 points |
| Q1 2026 | 28% | +27 points |
| Q4 2025 | 32% | +20 points |
| Q3 2025 | 24% | +22 points |
| Q2 2025 | 14% | +25 points |
| Q1 2025 | 1% | +244 points |
| Q4 2024 | 12% | +11 points |
RDDT has the edge over AMCX on profitability, with a higher operating margin.
AMCX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$52.4M | -225% |
| Q2 2026 | $43.3M | -55% |
| Q1 2026 | $64.8M | -31% |
| Q4 2025 | $40.4M | +7.6% |
| Q3 2025 | $42M | -22% |
| Q2 2025 | $95.7M | +0.6% |
| Q1 2025 | $94.2M | -35% |
| Q4 2024 | $37.6M | -43% |
AMCX usually generates cash, though not every quarter: the latest was −$52M, but it generated $96M over the past year.
RDDT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $362.6M | +98% |
| Q2 2026 | $260.7M | +135% |
| Q1 2026 | $311.2M | +146% |
| Q4 2025 | $263.6M | +196% |
| Q3 2025 | $183.1M | +161% |
| Q2 2025 | $110.8M | +308% |
| Q1 2025 | $126.6M | +333% |
| Q4 2024 | $89.2M | +$111.2M |
RDDT has the edge over AMCX on cash flow, with more consistent year-over-year improvement.
AMCX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 32.2x | High |
| Q2 2026 | 8.7x | High |
| Q1 2026 | 6.1x | High |
| Q4 2025 | 5.5x | High |
| Q3 2025 | 56.4x | High |
| Q2 2025 | 21.9x | High |
| Q1 2025 | 193.8x | High |
| Q4 2024 | 26.6x | High |
AMCX's net debt is more than 20 years of its operating earnings (EBITDA), down from more than 20 years a year ago.
RDDT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -1.5x | Net Cash |
| Q2 2026 | -1.9x | Net Cash |
| Q1 2026 | -2.2x | Net Cash |
| Q4 2025 | -2.1x | Net Cash |
| Q3 2025 | -3.3x | Net Cash |
| Q2 2025 | -5.0x | Net Cash |
| Q1 2025 | -13.1x | Net Cash |
RDDT has the edge over AMCX on leverage, with a lower net debt burden relative to earnings.
AMCX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 45.3 | Neutral |
| Stochastic | 21.8 | Neutral |
AMCX's weekly RSI is 45 (neutral) and its Stochastic is 22 (neutral).
RDDT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 34.8 | Neutral |
| Stochastic | 6.5 | Oversold |
RDDT's weekly RSI is 35 (neutral) and its Stochastic is 6 (oversold).
AMCX PE vs Communication Services Sector
| Metric | AMCX | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 16x | — |
AMCX has no meaningful PE right now: it lost money over the past year.
RDDT PE vs Communication Services Sector
| Metric | RDDT | Sector median | Relative |
|---|---|---|---|
| PE | 20x | 16x | 23% above |
| PE % | 5 | 23 | 18 pts below |
RDDT is trading at 20x earnings, a 23% premium to the Communication Services sector's median of 16x, though its earnings don't support one.
AMCX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $9.88 | 5.6% below |
| 20 week MA | $10.8 | 14% below |
| 50 week MA | $9.45 | 1.3% below |
| 100 week MA | $8.44 | 11% above |
| 200 week MA | $10.9 | 15% below |
AMCX has stronger trend alignment. AMCX is above 1 of 5 weekly averages versus RDDT above 0 of 4.
RDDT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $130.6 | 24% below |
| 20 week MA | $151.7 | 34% below |
| 50 week MA | $165.0 | 40% below |
| 100 week MA | $167.1 | 40% below |
RDDT is in a downtrend: it's below all four of its weekly moving averages, and 40% below its 100-week average.
AMCX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $39.5 | $32.9 | -17% |
| 2021 | $32.9 | $35.9 | +9.1% |
| 2022 | $35.9 | $15.6 | -57% |
| 2023 | $15.6 | $18.8 | +21% |
| 2024 | $18.8 | $9.42 | -50% |
| 2025 | $9.42 | $9.80 | +4% |
| 2026 YTD | $9.80 | $9.33 | -4.8% |
AMCX has the edge over RDDT on returns for 2026, with the stronger performance.
RDDT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2024 | $46.0 | $173.5 | +277% |
| 2025 | $173.5 | $225.8 | +30% |
| 2026 YTD | $225.8 | $99.6 | -56% |
RDDT has finished every year since 2024 higher, and it's down 56% so far in 2026.