NASDAQ:CNVS

Cineverse (CNVS) Stock Price, News & Analysis

$0.83
+0.02 (+2.47%)
(As of 04/25/2024 ET)
Today's Range
$0.78
$0.84
50-Day Range
$0.81
$1.54
52-Week Range
$0.78
$8.30
Volume
165,926 shs
Average Volume
528,004 shs
Market Capitalization
$11.08 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.75

Cineverse MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
832.7% Upside
$7.75 Price Target
Short Interest
Healthy
1.94% of Shares Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.54mentions of Cineverse in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.85 out of 5 stars

Consumer Discretionary Sector

156th out of 265 stocks

Video Tape Rental Industry

2nd out of 2 stocks

CNVS stock logo

About Cineverse Stock (NASDAQ:CNVS)

Cineverse 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.

CNVS Stock Price History

CNVS Stock News Headlines

“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
“Retirement Secret” Showed 995% Gain Last Time We Shared It
Central Banks Buying Gold in Record Numbers Most folks have completely missed the fact that the world's Central Banks have been quietly gobbling up as much gold as they can… Stacking it in their locked vaults on pallets in record numbers.
Why Is Cineverse (CNVS) Stock Down 32% Today?
Why Is Cineverse (CNVS) Stock Down 32% Today?
Cineverse Reports Third Quarter Fiscal Year 2024 Results
Why Is Cineverse (CNVS) Stock Up 50% Today?
Why Is Cineverse (CNVS) Stock Up 50% Today?
See 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.

Company Calendar

Last Earnings
2/14/2024
Today
4/25/2024
Next Earnings (Estimated)
7/04/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Video tape rental
Sub-Industry
N/A
Current Symbol
NASDAQ:CNVS
Employees
165
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.75
High Stock Price Target
$9.00
Low Stock Price Target
$6.50
Potential Upside/Downside
+833.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-9,730,000.00
Pretax Margin
-18.40%

Debt

Sales & Book Value

Annual Sales
$68.03 million
Book Value
$3.80 per share

Miscellaneous

Free Float
11,222,000
Market Cap
$11.06 million
Optionable
Not Optionable
Beta
1.38
5G Stocks: The Path Forward is Profitable Cover

Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.

Get This Free Report

Key Executives

  • Mr. Christopher J. McGurk (Age 67)
    Chairman & CEO
    Comp: $1.4M
  • Mr. Erick Opeka (Age 49)
    President & Chief Strategy Officer
    Comp: $710.98k
  • Mr. Gary S. Loffredo (Age 59)
    Chief Legal Officer, Secretary & Senior Advisor
    Comp: $869.5k
  • Mr. Mark Wayne Lindsey CPA (Age 57)
    CGMA, Chief Financial Officer
  • Mr. Mark Antonio Huidor (Age 54)
    Chief Operating Officer & Chief Technology Officer
  • Jason Shin
    Vice President of M&A and Corporate Development
  • Ms. Lauren McCarthy
    Senior Vice President of Marketing
  • Mr. Mark Torres (Age 64)
    Chief People Officer
  • Mr. Russell J. Wintner (Age 73)
    Senior Vice President of Brand Partnerships
  • Ms. Yolanda Macias (Age 58)
    Chief Content Officer

CNVS Stock Analysis - Frequently Asked Questions

Should I buy or sell Cineverse stock right now?

1 Wall Street 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 analysts is that investors should "buy" CNVS shares.
View CNVS analyst ratings
or view top-rated stocks.

What is Cineverse's stock price target for 2024?

1 equities research analysts have issued twelve-month price targets for Cineverse's shares. Their CNVS share price targets range from $6.50 to $9.00. On average, they anticipate the company's share price to reach $7.75 in the next year. This suggests a possible upside of 832.7% 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 2024?

Cineverse's stock was trading at $1.35 at the beginning of 2024. Since then, CNVS shares have decreased by 38.5% and is now trading at $0.8309.
View the best growth stocks for 2024 here
.

Are investors shorting Cineverse?

Cineverse saw a drop in short interest in April. As of April 15th, there was short interest totaling 258,900 shares, a drop of 15.6% from the March 31st total of 306,900 shares. Based on an average trading volume of 637,900 shares, the days-to-cover ratio is presently 0.4 days.
View Cineverse's Short Interest
.

When is Cineverse's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, July 4th 2024.
View our CNVS earnings forecast
.

How were Cineverse's earnings last quarter?

Cineverse Corp. (NASDAQ:CNVS) issued its quarterly earnings data on Wednesday, February, 14th. The company reported ($0.22) earnings per share for the quarter. The business had revenue of $13.28 million for the quarter. Cineverse had a negative trailing twelve-month return on equity of 24.65% and a negative net margin of 18.84%.

When did Cineverse's stock split?

Shares of Cineverse reverse split on 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 closing bell 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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:CNVS) was last updated on 4/26/2024 by MarketBeat.com Staff

From Our Partners