Cineverse Corp. (CNVS)
NASDAQ: CNVS · IEX Real-Time Price · USD
0.840
-0.010 (-1.16%)
At close: Jul 19, 2024, 4:00 PM
0.870
+0.030 (3.56%)
Pre-market: Jul 20, 2024, 9:29 AM EDT

Cineverse Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for Cineverse stock has a target of 9.00, which predicts an increase of 971.30% from the current stock price of 0.84.

Analyst Consensus: Buy
Target Low Average Median High
Price $9.00 $9.00 $9.00 $9.00
Change +971.30% +971.30% +971.30% +971.30%

Analyst Ratings

According to 1 stock analyst, the rating for Cineverse is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 00000
Buy 11111
Hold 00000
Sell 00000
Strong Sell 00000
Total 11111

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Benchmark
Benchmark
Buy
Reiterates
$9
Buy Reiterates $9 +971.30% Jul 2, 2024
Benchmark
Benchmark
Buy
Reiterates
$9
Buy Reiterates $9 +971.30% Aug 15, 2023
Benchmark
Benchmark
Buy
Reiterates
$9
Buy Reiterates $9 +971.30% Jun 30, 2023
Benchmark
Benchmark
Buy
Maintains
$5$9
Buy Maintains $5$9 +971.30% Jun 9, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
61.92M
from 49.13M
Increased by 26.02%
Revenue Next Year
n/a
from 61.92M
EPS This Year
-0.51
from -1.78
EPS Next Year
n/a
from -0.51
Year 201920202021202220232024
Revenue
39.29M31.42M56.05M68.03M49.13M61.92M
Revenue Growth
-26.61%-20.04%78.41%21.36%-27.78%26.02%
EPS
-6.80-9.800.20-1.13-1.78-0.51
EPS Growth
------
Forward PE
------
No. Analysts -----3
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024
High 63.7M
Avg 61.9M
Low 59.5M

Revenue Growth

Revenue Growth 2024
High
29.7%
Avg
26.0%
Low
21.1%

EPS Forecast

EPS 2024
High -0.53
Avg -0.51
Low -0.49

EPS Growth

EPS Growth 2024
High -
Avg -
Low -
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.