Positive News SentimentPositive NewsNASDAQ:CNVS Cineverse (CNVS) Stock Forecast, Price & News $1.08 -0.03 (-2.70%) (As of 09/26/2023 ET) Add Compare Share Share Today's Range$1.08▼$1.2050-Day Range$1.00▼$1.6852-Week Range$0.97▼$13.00Volume40,613 shsAverage Volume106,326 shsMarket Capitalization$13.27 millionP/E RatioN/ADividend YieldN/APrice Target$7.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsSocial Media Cineverse MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside617.6% Upside$7.75 Price TargetShort InterestN/ADividend StrengthN/ASustainabilityN/ANews Sentiment1.63Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.10 out of 5 starsConsumer Discretionary Sector195th out of 265 stocksVideo Tape Rental Industry3rd out of 3 stocks 3.5 Analyst's Opinion Consensus RatingCineverse has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.75, Cineverse has a forecasted upside of 617.6% from its current price of $1.08.Amount of Analyst CoverageCineverse has only been the subject of 1 research reports in the past 90 days. Previous Next N/A Short Interest Short InterestThere is no current short interest data available for CNVS. Previous Next 0.0 Dividend Strength Dividend YieldCineverse does not currently pay a dividend.Dividend GrowthCineverse does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CNVS. Previous Next 4.2 News and Social Media Coverage News SentimentCineverse has a news sentiment score of 1.63. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Cineverse this week, compared to 2 articles on an average week.Search Interest3 people have searched for CNVS on MarketBeat in the last 30 days. MarketBeat Follows2 people have added Cineverse to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Cineverse insiders have not sold or bought any company stock.Percentage Held by Insiders16.40% of the stock of Cineverse is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 14.26% of the stock of Cineverse is held by institutions. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Cineverse is -1.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Cineverse is -1.50, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCineverse has a P/B Ratio of 0.28. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Cineverse (NASDAQ:CNVS) StockCineverse Corp. operates as a streaming technology and entertainment company. The company operates in two segments, Cinema Equipment, and Content and Entertainment. It owns and operates streaming channels, through its proprietary technology platform. The company also delivers curated content through subscription video on demand (SVOD), dedicated ad-supported (AVOD), and ad-supported streaming linear (FAST) channels, as well as social video streaming services and audio podcasts; operates OTT streaming entertainment channels; and offers monitoring, billing, collection, and verification services. It entertains consumers worldwide by providing premium feature film and television programs, enthusiast streaming channels, and technology services. The company was formerly known as Cinedigm Corp. and changed its name to Cineverse Corp. in May 2023. Cineverse Corp. was incorporated in 2000 and is based in New York, New York.Read More CNVS Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CNVS Stock News HeadlinesSeptember 25, 2023 | tmcnet.comCineverse Nominated for DEG's EnTech Awards in the Technology Innovation CategorySeptember 21, 2023 | finance.yahoo.comCineverse Reaches Agreement to Integrate Whip Media's Content Partner Payments Platform for FAST, AVOD, SVOD and EST into Matchpoint Insights to Streamline Royalty ReportingSeptember 27, 2023 | Behind the Markets (Ad)[BREAKING] Small Firm Wins $1 Billion Army Contract for Breakthrough "Living Software"The Washington Post Reports it's: "A revolution in warfare." The Sunday Times Reports it's: "a revolutionary power." Early investors can reap 5,633% gains as England, Germany, Japan and Australia rush to sign contracts. Get the name of the stock here >>>September 13, 2023 | markets.businessinsider.comCineverse Appoints Mark Lindsey To Succeed John Canning As CFOSeptember 13, 2023 | marketwatch.comCineverse Names Mark Lindsey Chief Financial Officer >CNVSSeptember 13, 2023 | finance.yahoo.comCineverse Promotes Mark Lindsey to Chief Financial OfficerSeptember 12, 2023 | finance.yahoo.comCineverse launches technology partnership "Matchpoint MGX" - an automated scheduling solution that helps FAST channel operators quickly program and schedule their FAST channels with a scalable, best-in-class unified solutionSeptember 11, 2023 | finance.yahoo.comCineverse Partners with Criterion Pictures to Expand North American Non-Theatrical DistributionSeptember 27, 2023 | Legacy Research (Ad)WARNING: Mandatory U.S. Dollar Recall is Weeks AwayIf you have any U.S. dollars in your bank account… You must see this shocking video exposing the government’s new plan to recall the U.S. dollar. According to Business Insider, this recall “could be imminent.” And if you don’t prepare now, you could end up holding a bunch of worthless U.S. dollars.September 7, 2023 | finance.yahoo.comCineverse Horror Channel SCREAMBOX TV Launches on Amazon FreeveeAugust 30, 2023 | finance.yahoo.comCINEVERSE LAUNCHES THE MAVERICK BLACK CINEMA VOD CHANNELAugust 18, 2023 | finance.yahoo.comCineverse Launches First Responders Network as a FAST ChannelAugust 17, 2023 | finanznachrichten.deCineverse Corp.: Cineverse Reports First Quarter Fiscal Year 2024 ResultsAugust 16, 2023 | finance.yahoo.comCineverse to Launch "Dog Whisperer" Channel on Heels of Securing Worldwide Rights to all 9 Seasons with Over 160 EpisodesAugust 14, 2023 | finance.yahoo.comFandor Streaming Service Now Available on Philo for 'Movies & More' Subscribers Through New Deal with CineverseAugust 14, 2023 | finance.yahoo.comCineverse Reports First Quarter Fiscal Year 2024 ResultsAugust 14, 2023 | barrons.comCineverse Corp.August 10, 2023 | uk.finance.yahoo.comCNVS - Cineverse Corp.August 10, 2023 | finance.yahoo.comCINEVERSE AND THE PREVIEW CHANNEL™ ENTER INTO EXCLUSIVE PACT FOR AD SALES AND DISTRIBUTIONAugust 9, 2023 | benzinga.comCineverse to Release Survival Drama 'On Fire' Exclusively in Theaters September 29August 8, 2023 | finance.yahoo.comCineverse to Report First Quarter Fiscal 2024 Results on Monday, August 14, 2023August 4, 2023 | benzinga.comCineverse Acquires Acclaimed Body-Swap Thriller 'Devils' Following Fantasia Festival Premiere; Set for Fall Release on SCREAMBOXJuly 26, 2023 | finance.yahoo.comCineverse Unveils MatchpointAI: A Revolutionary AI Marketplace for Video Streaming OptimizationJuly 22, 2023 | fool.comCineverse (NASDAQ: CNVS)July 20, 2023 | baystreet.caCineverse Flat on Closer Ties with VA MediaJuly 17, 2023 | baystreet.caCineverse Gains on Bigger Role for AmagiJuly 17, 2023 | finance.yahoo.comCineverse & Amagi Expand Partnership: Amagi CONNECT to Power FAST Channels on CineverseSee More Headlines Receive CNVS Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Cineverse and its competitors with MarketBeat's FREE daily newsletter. Email Address CNVS Company Calendar Last Earnings8/14/2023Today9/27/2023Next Earnings (Estimated)11/13/2023Fiscal Year End3/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Video tape rental Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:CNVS CUSIPN/A CIK1173204 Webwww.cinedigm.com Phone(212) 206-8600Fax212-598-4898Employees165Year FoundedN/APrice Target and Rating Average Stock Price Forecast$7.75 High Stock Price Forecast$9.00 Low Stock Price Forecast$6.50 Forecasted Upside/Downside+617.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.72) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-9,730,000.00 Net Margins-10.80% Pretax Margin-10.54% Return on Equity-20.99% Return on Assets-7.96% Debt Debt-to-Equity RatioN/A Current Ratio0.95 Quick Ratio0.95 Sales & Book Value Annual Sales$68.03 million Price / Sales0.20 Cash FlowN/A Price / Cash FlowN/A Book Value$3.80 per share Price / Book0.28Miscellaneous Outstanding Shares12,290,000Free Float10,271,000Market Cap$13.27 million OptionableNot Optionable Beta1.87 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Christopher J. McGurk (Age 66)Chairman & CEO Comp: $1.4MMr. Erick Opeka (Age 49)Chief Strategy Officer, Pres of Cinedigm Networks & Pres Comp: $710.98kMr. Gary S. Loffredo (Age 58)Chief Legal Officer, Sec. & Sr. Advisor Comp: $869.5kMr. John K. Canning (Age 56)Chief Financial Officer Mr. Mark Antonio Huidor (Age 53)COO, Chief Technology & Product Officer Mr. Mark Wayne Lindsey CPA (Age 56)CGMA, CPA, Exec. VP of Fin. & Accounting Ms. Kim StarukSr. VP of MarketingJason ShinVP of M&A and Corp. Devel.Mr. Mark Torres (Age 63)Chief People Officer Mr. Russell J. Wintner (Age 72)Sr. VP of Brand Partnerships More ExecutivesKey CompetitorsTwin Vee PowercatsNASDAQ:VEEEFujian Blue Hat Interactive Entertainment TechnologyNASDAQ:BHATGolden Sun Education GroupNASDAQ:GSUNPhoenix New MediaNYSE:FENGMotorsport GamesNASDAQ:MSGMView All CompetitorsInstitutional OwnershipState Street CorpBought 24,292 shares on 8/14/2023Ownership: 0.208%Two Sigma Securities LLCBought 14,385 shares on 8/14/2023Ownership: 0.123%BlackRock Inc.Bought 101,455 shares on 8/11/2023Ownership: 0.869%Geode Capital Management LLCBought 67,997 shares on 8/11/2023Ownership: 0.582%Northern Trust CorpBought 13,068 shares on 8/11/2023Ownership: 0.112%View All Institutional Transactions CNVS Stock - Frequently Asked Questions Should I buy or sell Cineverse stock right now? 1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Cineverse in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CNVS shares. View CNVS analyst ratings or view top-rated stocks. What is Cineverse's stock price forecast for 2023? 1 brokers have issued 12-month target prices for Cineverse's shares. Their CNVS share price forecasts range from $6.50 to $9.00. On average, they expect the company's share price to reach $7.75 in the next year. This suggests a possible upside of 617.6% from the stock's current price. View analysts price targets for CNVS or view top-rated stocks among Wall Street analysts. How have CNVS shares performed in 2023? Cineverse's stock was trading at $5.58 at the start of the year. Since then, CNVS shares have decreased by 80.6% and is now trading at $1.08. View the best growth stocks for 2023 here. When is Cineverse's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, November 13th 2023. View our CNVS earnings forecast. How were Cineverse's earnings last quarter? Cineverse Corp. (NASDAQ:CNVS) issued its earnings results on Monday, August, 14th. The company reported ($0.37) earnings per share (EPS) for the quarter. The firm had revenue of $12.98 million for the quarter. Cineverse had a negative trailing twelve-month return on equity of 20.99% and a negative net margin of 10.80%. When did Cineverse's stock split? Shares of Cineverse reverse split on the morning of Saturday, June 10th 2023. The 1-20 reverse split was announced on Saturday, June 10th 2023. The number of shares owned by shareholders was adjusted after the market closes on Saturday, June 10th 2023. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split. What guidance has Cineverse issued on next quarter's earnings? Cineverse updated its earnings guidance on Thursday, July, 6th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $62.00 million-$70.00 million, compared to the consensus revenue estimate of $70.22 million. What is Cineverse's stock symbol? Cineverse trades on the NASDAQ under the ticker symbol "CNVS." Who are Cineverse's major shareholders? Cineverse's stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (0.87%), Geode Capital Management LLC (0.58%), State Street Corp (0.21%), Virtu Financial LLC (0.17%), Two Sigma Securities LLC (0.12%) and Northern Trust Corp (0.11%). View institutional ownership trends. How do I buy shares of Cineverse? Shares of CNVS stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Cineverse's stock price today? One share of CNVS stock can currently be purchased for approximately $1.08. How much money does Cineverse make? Cineverse (NASDAQ:CNVS) has a market capitalization of $13.27 million and generates $68.03 million in revenue each year. The company earns $-9,730,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis. How many employees does Cineverse have? The company employs 165 workers across the globe. How can I contact Cineverse? Cineverse's mailing address is 244 FIFTH AVENUE SUITE M289, NEW YORK NY, 10001. The official website for the company is www.cinedigm.com. The company can be reached via phone at (212) 206-8600, via email at investorrelations@cinedigm.com, or via fax at 212-598-4898. This page (NASDAQ:CNVS) was last updated on 9/27/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Cineverse Corp. 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