Noble Financial Issues Optimistic Forecast for AENT Earnings

Alliance Entertainment Holding Corporation (NASDAQ:AENT) – Stock analysts at Noble Financial raised their FY2026 earnings per share (EPS) estimates for shares of Alliance Entertainment in a note issued to investors on Monday, May 18th. Noble Financial analyst M. Kupinski now forecasts that the company will post earnings per share of $0.35 for the year, up from their prior forecast of $0.33. The consensus estimate for Alliance Entertainment’s current full-year earnings is $0.33 per share. Noble Financial also issued estimates for Alliance Entertainment’s Q4 2026 earnings at $0.02 EPS.

AENT has been the subject of a number of other research reports. Maxim Group set a $8.00 price objective on shares of Alliance Entertainment in a research report on Friday, February 13th. Zacks Research upgraded Alliance Entertainment from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. Wall Street Zen lowered Alliance Entertainment from a “strong-buy” rating to a “hold” rating in a report on Saturday, February 14th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Alliance Entertainment in a research report on Monday, April 20th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $10.00.

Alliance Entertainment Stock Down 3.1%

Shares of NASDAQ:AENT opened at $6.49 on Tuesday. Alliance Entertainment has a 1-year low of $2.55 and a 1-year high of $8.80. The company’s fifty day moving average is $7.01 and its two-hundred day moving average is $6.95. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.63 and a current ratio of 1.33. The stock has a market capitalization of $330.73 million, a price-to-earnings ratio of 14.75 and a beta of 0.50.

Alliance Entertainment (NASDAQ:AENT) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.03. The firm had revenue of $258.20 million for the quarter, compared to analysts’ expectations of $226.09 million. Alliance Entertainment had a return on equity of 19.91% and a net margin of 2.01%.

Institutional Trading of Alliance Entertainment

Several hedge funds have recently bought and sold shares of the company. Apollon Wealth Management LLC grew its position in Alliance Entertainment by 15.6% in the 1st quarter. Apollon Wealth Management LLC now owns 36,980 shares of the company’s stock worth $242,000 after purchasing an additional 5,000 shares during the last quarter. Empowered Funds LLC raised its holdings in shares of Alliance Entertainment by 9.2% during the first quarter. Empowered Funds LLC now owns 90,880 shares of the company’s stock valued at $304,000 after buying an additional 7,683 shares during the last quarter. Kathmere Capital Management LLC bought a new stake in shares of Alliance Entertainment during the first quarter valued at approximately $68,000. Bridgeway Capital Management LLC boosted its position in shares of Alliance Entertainment by 8.6% during the fourth quarter. Bridgeway Capital Management LLC now owns 145,927 shares of the company’s stock worth $1,179,000 after buying an additional 11,562 shares during the period. Finally, XTX Topco Ltd bought a new position in Alliance Entertainment in the 2nd quarter worth approximately $59,000. 0.27% of the stock is currently owned by institutional investors.

About Alliance Entertainment

Alliance Entertainment (NASDAQ: AENT) is a distributor of physical media and related entertainment products, serving retailers, public libraries and online merchants. The company’s core business revolves around the wholesale distribution of music and video titles on CD, DVD and Blu-ray formats, as well as vinyl records, audiobooks, video games and select gift and novelty items. By maintaining a broad catalog of new and catalog titles, Alliance Entertainment enables brick-and-mortar and e-commerce channels to access an extensive range of products from major and independent labels.

In addition to its product offerings, Alliance Entertainment provides supply-chain and logistics services designed to streamline inventory management and order fulfillment.