Cineverse Corp. (CNVS)
NASDAQ: CNVS · IEX Real-Time Price · USD
1.140
-0.030 (-2.56%)
At close: Apr 19, 2024, 4:00 PM
1.180
+0.040 (3.51%)
After-hours: Apr 19, 2024, 7:07 PM EDT
Cineverse Stock Forecast
CNVS's stock price has decreased by -86.43% in the past year and price targets may not have had time to catch up.
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 689.47% from the current stock price of 1.14.
Analyst Consensus: Buy
* Price targets were last updated on Aug 15, 2023.
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 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 |
| Total | 1 | 1 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Benchmark | Benchmark | Buy Reiterates $9 | Buy | Reiterates | $9 | +689.47% | Aug 15, 2023 |
| Benchmark | Benchmark | Buy Reiterates $9 | Buy | Reiterates | $9 | +689.47% | Jun 30, 2023 |
| Benchmark | Benchmark | Buy Maintains $5 → $9 | Buy | Maintains | $5 → $9 | +689.47% | Jun 9, 2023 |
Financial Forecast
Revenue This Year
51.25M
from 68.03M
Decreased by -24.66%
Revenue Next Year
61.92M
from 51.25M
Increased by 20.81%
EPS This Year
-0.82
from -1.13
EPS Next Year
-0.51
from -0.82
Revenue Forecast
| Revenue | 2023 | 2024 |
|---|---|---|
| High | 52.8M | 63.7M |
| Avg | 51.3M | 61.9M |
| Low | 49.2M | 59.5M |
Revenue Growth
| Revenue Growth | 2023 | 2024 |
|---|---|---|
| High | -22.4% | 24.4% |
| Avg | -24.7% | 20.8% |
| Low | -27.6% | 16.1% |
EPS Forecast
| EPS | 2023 | 2024 |
|---|---|---|
| High | -0.84 | -0.53 |
| Avg | -0.82 | -0.51 |
| Low | -0.78 | -0.49 |
EPS Growth
| EPS Growth | 2023 | 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.