Cineverse Corp. (CNVS)

NASDAQ: CNVS · IEX Real-Time Price · USD
0.777
-0.044 (-5.32%)
At close: Jul 26, 2024, 3:59 PM
0.825
+0.048 (6.18%)
After-hours: Jul 26, 2024, 5:48 PM EDT
-5.32%
Market Cap 12.46M
Revenue (ttm) 49.13M
Net Income (ttm) -21.76M
Shares Out 15.61M
EPS (ttm) -1.78
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 43,746
Open 0.855
Previous Close 0.820
Day's Range 0.750 - 0.870
52-Week Range 0.720 - 3.930
Beta 1.68
Analysts Buy
Price Target 9.00 (+1,059.05%)
Earnings Date Aug 12, 2024

About CNVS

Cineverse Corp. operates as a streaming technology and entertainment company. 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. It entertains consumers worldwide by providing feature film and television programs, enthusiast streaming c... [Read more]

Industry Entertainment
IPO Date Nov 10, 2003
Employees 179
Stock Exchange NASDAQ
Ticker Symbol CNVS
Full Company Profile

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.

Financial Statements

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
(1,059.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Cineverse's 'Dog Whisperer With Cesar Millan' FAST Channel Celebrates 'Bark Week' and Goes Live on Pluto TV

The Channel Has Seen Tremendous Growth Across Consumption and Engagement Since Its January Launch LOS ANGELES , July 2, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming tec...

24 days ago - PRNewsWire

Cineverse Reports Fourth Quarter and Fiscal Year 2024 Results

Total Revenue of $49.1 Million Total Direct Operating Margin Increased to 61% from 47% Selling, General, and Administrative Expenses Decreased By $8.9 Million, or 24% Adjusted EBITDA of $4.4 Million, ...

25 days ago - PRNewsWire

Exclusive Bloody Disgusting Merchandise Now Available in Horror Fan Shops at Select Walmart Locations

Terrifier 2's Art the Clown Collector's Edition VHS among Items from Cineverse's Horror Brand LOS ANGELES , June 28, 2024 /PRNewswire/ -- Cineverse (NASDAQ:  CNVS), an innovative streaming technology...

4 weeks ago - PRNewsWire

Cineverse and 9 Story Bring Garfield to New Free Streaming Channel

'9 Story Presents: Garfield and Friends' FAST Channel Now Available on Sling Freestream. LOS ANGELES , June 27, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology ...

4 weeks ago - PRNewsWire

XL8 and Cineverse Announce Groundbreaking AI-Powered Captioning and Localization Partnership

SAN JOSE, Calif. , June 25, 2024 /PRNewswire/ --  XL8 , a leading deep-tech startup specializing in AI-powered machine translation technology, and  Cineverse (NASDAQ: CNVS), an innovative streaming te...

4 weeks ago - PRNewsWire

Cineverse to Report Fourth Quarter and Full-Year Fiscal 2024 Financial Results on Monday, July 1, 2024

LOS ANGELES , June 24, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced it will release its financial results for the ...

4 weeks ago - PRNewsWire

TITAN BOOKS PUBLISHING TERRIFIER 2 NOVELISATION WITH BLOODY DISGUSTING

LOS ANGELES , June 21, 2024 /PRNewswire/ --Titan Books is thrilled to announce the upcoming novelisation of the slasher film Terrifier 2, in partnership with Cineverse (NASDAQ: CNVS) and its horror di...

5 weeks ago - PRNewsWire

Jason Patric Joins Terrifier 3 Cast

Shooting Wrapped Last Week on Hotly Anticipated Slasher Sequel Terrifier 3 opens nationwide on October 11, 2024, just in time for the Halloween season. LOS ANGELES , June 17, 2024 /PRNewswire/ -- Cine...

5 weeks ago - PRNewsWire

Cineverse Passes Ten Million YouTube Subscribers

Driven by Eight Fan-focused Channels with 400K-plus Subs and Successful New Additions for Dog Whisperer and For Us By Us Network LOS ANGELES , June 13, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CN...

6 weeks ago - PRNewsWire

Cineverse Services Now Available to Matchpoint Partners, Bringing an Additional Revenue Stream to the Company

India-Based Team Already Supporting the Company by Providing Services That Bring Cost-Savings and Business Optimization Suite of Services Offered to External SaaS Customers and Other Partners Looking ...

2 months ago - PRNewsWire

Cineverse Podcast Network Surges to 9.6 Million Unique Listeners and 12.7 Million Downloads in April 2024

Fueled by Hit Entertainment, Horror, and True Crime Shows, Network Ranks #8 in North America for Listeners and #17 for Downloads & Streams Exciting New Shows and Expanded Ad Sales Team Poised to Drive...

2 months ago - PRNewsWire

BondIt Media Capital and Cineverse form Unique and Innovative Partnership to Finance Film Distribution

Partnership to Be Used as a Model for Future Cineverse Film Projects LOS ANGELES and SANTA MONICA, Calif. , May 7, 2024 /PRNewswire/ -- BondIt Media Capital has closed a new co-financing partnership w...

2 months ago - PRNewsWire

Cineverse Unveils Public Beta of AI-Powered Content Discovery Solution - cineSearch

Introducing Ava, an "AI Video Advisor" Designed to Decrease Time Deciding What to Watch, Provide Fast, Personalized Viewing Recommendations and Enable Platforms to Increase Revenue and Reduce Churn LO...

3 months ago - PRNewsWire

Cineverse and Bloody Disgusting to Premiere Terrifier 3 in Theatres Across North America on October 11

New, Earlier Release Date Ensures Fans Won't Have to Wait to See Art the Clown Murder Christmas Joy for the Residents of Miles County in the Highly Anticipated Threequel LOS ANGELES , May 1, 2024 /PRN...

3 months ago - PRNewsWire

DIRECTV Delivers More Choice with Seven New Channels from Cineverse and Scripps Networks

Expansive licensing agreement with Cineverse includes The Bob Ross Channel, Comedy Dynamics, Dove Channel, and Dog Whisperer with Cesar Millan, while Scripps Networks' Court TV and Scripps News all jo...

3 months ago - PRNewsWire

Cineverse's AsianCrush and RetroCrush Launch on Xfinity and Xumo Streaming Devices

The Popular Streaming Services Are Now Available to Millions More Households Across the US, Joining Other Cineverse Channels Including Docurama, Dove Channel, Midnight Pulp, Fandor, and Screambox LOS ...

3 months ago - PRNewsWire

Cineverse Enlists Top AI Companies Vionlabs and Datatonic to Further Enhance Content Discovery Tool cineSearch

Built in Collaboration With Google Cloud's Gen AI Technology, cineSearch Will Be the Most Advanced Search and Discovery Tool for Film and Television Content LOS ANGELES , April 10, 2024 /PRNewswire/ -...

3 months ago - PRNewsWire

Cineverse and Bloody Disgusting Partner with Iconic Events Releasing for Terrifier 3 Q4 2024 Theatrical Release

Distribution Deal follows Successful Theatrical Run for 2022 Sensation Terrifier 2, which Grossed more than $15 Million at the Global Box Office LOS ANGELES , April 9, 2024 /PRNewswire/ -- Cineverse (...

3 months ago - PRNewsWire

Cineverse Teams Up With Gracenote to Vastly Expand Search Capabilities for cineSearch - the Conversational AI-Powered Discovery Tool for Film and Television Content

Gracenote Entertainment Metadata Helps cineSearch's Ava Chatbot Solve Significant Consumer Problem of Figuring out What to Watch LOS ANGELES , April 8, 2024 /PRNewswire/ -- Cineverse (NASDAQ:CNVS), an...

3 months ago - PRNewsWire

Cineverse Signs Multi-Year Deal with Konami Cross Media NY, Inc. Unveiling Exciting Programming for Anime Fans in 2024

The "Yu-Gi-Oh!" Franchise, Among Titles Bolstering Cineverse's Anime Library for Distribution LOS ANGELES, March 26, 2024 /PRNewswire/ -- Cineverse (NASDAQ: CNVS), a global streaming technology and en...

4 months ago - PRNewsWire

Women Surfers Compete for History-Making Olympics Team in Represent, Streaming Now Exclusively on Peacock

The Documentary Features Carissa Moore and Caroline Marks as They Vie for Their Spots on the First U.S. Olympic Women's Surfing Team. NBA Icon Kobe Bryant Captured in One of His Last On-Camera Appeara...

4 months ago - PRNewsWire

Survival Drama ON FIRE Heads to NBC Universal Streaming Service Peacock March 22

LOS ANGELES , March 15, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS) announced today that the pulse-pounding survival drama ON FIRE is coming to the NBC Universal streaming service Peacock this...

4 months ago - PRNewsWire

CINEVERSE ANNOUNCES THE LAUNCH OF NEW AD PLATFORM 'CINEVERSE 360'

New Omnichannel Platform Brings Together CTV, FAST, Audio, Digital, Social, and Events reaching more than 82 million enthusiast monthly viewers across more than 1.2 billion devices Top Independent Pub...

5 months ago - PRNewsWire

Cineverse Reports Third Quarter Fiscal Year 2024 Results

Total Revenue of $13.3 Million Total Direct Operating Margin Increased to 59% from 48% Selling, General, and Administrative Expenses Decreased By $2.7 Million, or 30% Adjusted EBITDA of $1.8 Million L...

5 months ago - PRNewsWire

Cineverse Partners with Google Cloud to Launch a Conversational AI-Powered Search & Discovery Tool for Film and Television Content

The cineSearch Service Enhances Content Discovery via an Extensive Catalog of Enriched Metadata to Power a Next-Generation Recommendation System with Unified Search Across All Streaming Platforms LOS ...

5 months ago - PRNewsWire