Cineverse Corp. (CNVS)

Market Cap	11.06M
Revenue (ttm)	49.13M
Net Income (ttm)	-21.76M
Shares Out	12.25M
EPS (ttm)	-1.78
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	217,182
Open	0.873
Previous Close	0.900
Day's Range	0.792 - 0.873
52-Week Range	0.780 - 3.930
Beta	1.57
Analysts	Buy
Price Target	9.00 (+1,036.22%)
Earnings Date	Aug 12, 2024

About 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 monitorin...

• Industry: Entertainment
• Sector: Communication Services
• IPO Date: Nov 10, 2003
• Employees: 165
• Stock Exchange: NASDAQ
• Ticker Symbol: CNVS

Financial Performance

In 2023, Cineverse's revenue was $49.13 million, a decrease of -27.78% compared to the previous year's $68.03 million. Losses were -$21.76 million, 115.7% more than in 2022.

Analyst Forecast

According to one analyst, the rating for CNVS stock is "Buy" and the 12-month stock price forecast is $9.0.

Price Target

$9.0

(1,036.22% upside)

Analyst Consensus: Buy