Cinedigm Corp

Cinedigm Corp Stock Forecast & Price Prediction

Live Cinedigm Corp Stock (CNVS) Price
$0.76

0

Ratings

  • Buy 0
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$0.76

P/E Ratio

-0.44

Volume Traded Today

$43,370

Dividend

Dividends not available for CNVS

52 Week High/low

3.93/0.72

Cinedigm Corp Market Cap

$12.9M

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CNVS Summary

The Cinedigm Corp (CNVS) share price is expected to decrease by 100% over the next year. This is based on calculating the average 12-month share price estimate provided by 0 stock analysts who have covered CNVS. Price targets range from $ at the low end to $ at the high end. The current analyst consensus for CNVS is a sell. Please note analyst price targets are not guaranteed and could be missed completely.

CNVS Analyst Ratings

About 0 Wall Street analysts have assignedCNVS 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect Cinedigm Corp to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CNVS. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

CNVS stock forecast by analyst

These are the latest 20 analyst ratings of CNVS.

Analyst/Firm

Rating

Price Target

Change

Date

Daniel Kurnos
Benchmark

Speculative Buy

$9

Reiterates

Jul 2, 2024
Daniel Kurnos
Benchmark

Speculative Buy

$9

Reiterates

Aug 15, 2023
Daniel Kurnos
Benchmark

Speculative Buy

$9

Reiterates

Jun 30, 2023
Daniel Kurnos
Benchmark

Speculative Buy

$9

Maintains

Jun 9, 2023
Daniel Kurnos
Benchmark

Speculative Buy

$5

Reiterates

Feb 15, 2023

Alliance Global Partners

Buy

$2

Initiates

Oct 16, 2020

Benchmark

Speculative Buy


Initiates

Jul 7, 2020

Canaccord Genuity

Buy

$1.5

Maintains

Nov 15, 2019

Canaccord Genuity

Buy

$3

Maintains

Apr 10, 2019

Canaccord Genuity

Buy


Initiates

Nov 21, 2018

Macquarie

Outperform

$1.1

Upgrade

Apr 30, 2015

Macquarie

Neutral


Initiates

Apr 2, 2015

PiperJaffray

Overweight


Initiates

Mar 31, 2014

Piper Sandler

Overweight


Initiates

Mar 31, 2014

CNVS Company Information

  • Company Name: Cineverse Corp. (formerly Cinedigm Corp.)
  • Industry: Streaming technology and entertainment
  • Business Model: Operates streaming channels through a proprietary technology platform
  • Content Delivery: Offers curated content via:
    • Subscription Video on Demand (SVOD)
    • Ad-supported Video on Demand (AVOD)
    • Ad-supported Streaming Linear (FAST) channels
    • Social video streaming services
    • Audio podcasts
  • Global Reach: Provides entertainment to consumers worldwide
  • Content Types: Features films, television programs, and enthusiast streaming channels
  • Founded: Incorporated in 2000
  • Headquarters: New York, New York
  • Name Change: Rebranded from Cinedigm Corp. in May 2023
CNVS
Cinedigm Corp (CNVS)

When did it IPO

N/A

Staff Count

176

Country

United States

Sector/Industry

Communication Services/Entertainment

CEO

Mr. Christopher J. McGurk

Market Cap

$12.9M

Cinedigm Corp (CNVS) Financial Data

In 2023, CNVS generated $68.0M in revenue, which was a increase of 21.36% from the previous year. This can be seen as a signal that CNVS's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

N/A

Revenue From 2021

$31.4M

0.00 %
From Previous Year

Revenue From 2022

$56.1M

78.41 %
From Previous Year

Revenue From 2023

$68.0M

21.36 %
From Previous Year
  • Revenue TTM $45.3M
  • Operating Margin TTM -30.4%
  • Gross profit TTM $30.0M
  • Return on assets TTM -1.9%
  • Return on equity TTM -56.3%
  • Profit Margin -46.2%
  • Book Value Per Share 1.73%
  • Market capitalisation $12.9M
  • Revenue for 2021 $31.4M
  • Revenue for 2022 $56.1M
  • Revenue for 2023 $68.0M
  • EPS this year (TTM) $-1.61

Cinedigm Corp (CNVS) Latest News

News Image

Thu, 29 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Ahead of the World Premiere at Fantasticย Fest 2024, the highly anticipated Official Trailer and Key Art for TERRIFIER 3 Unveiled; Tickets on Sale Now for October 11 Theatrical Release Trailer Scared up Over 7 Million Views on YouTube in first 24 Hours LOS ANGELES , Aug. 29, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, and Bloody Disgusting, its horror division, have released the official trailer and key art for Terrifier 3 ahead of its world premiere at Fantastic Fest 2024 and official theatrical release on October 11th. Tickets are on sale now at terrifier3.com.

News Image

Thu, 22 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - LOS ANGELES , Aug. 22, 2024 /PRNewswire/ --ย Frequency, the engine behind many of the world's best-known streaming television channels, is proud to announce that Cineverse (NASDAQ:CNVS), a recognized pioneer in the FAST industry, has chosen Frequency to deliver leading channels from its streaming portfolio to more than 25 platforms. This strategic partnership underscores Cineverse's significant growth and evolution in the streaming market by enhancing content delivery methods and viewer engagement across its channels.

News Image

Tue, 20 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - The channel provides millions of users with free 24/7 access to more than 160 episodes of the beloved animal training series LOS ANGELES , Aug. 20, 2024 /PRNewswire/ --ย  Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced its Dog Whisperer With Cesar Millan free ad-supported streaming television (FAST) channel is streaming on VIZIO ย (NYSE: VZIO) Smart TVs. The Dog Whisperer With Cesar Millanย FAST channel gives VIZIO users all nine seasons of the beloved animal training series โ€“ more than 160 episodes โ€“ on VIZIO WatchFree+ (ch.

News Image

Thu, 15 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Partnership will Bring New Channels to Viewers, while also Enhancing Cineverse's Monetization and Discovery Capabilities LOS ANGELES , Aug. 15, 2024 /PRNewswire/ -- Cineverse Corp. (NASDAQ: CNVS), an innovative streaming technology and entertainment company, today announced a broad partnership with Wurl, LLC ("Wurl"), a leader in the CTV industry, to distribute its growing portfolio of free, ad-supported streaming television (FAST) channels and launch new channels. The partnership will enable Cineverse to streamline channel launches through seamless integration with Matchpoint, the company's proprietary distribution platform, along with enhanced monetization which will provide Cineverse with future opportunities to expand the company's strategic initiatives around content discovery and personalization.

News Image

Wed, 14 Aug 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Cineverse Corp. (NASDAQ:CNVS ) Q1 2025 Earnings Conference Call August 14, 2024 4:30 PM ET Company Participants Gary Loffredo - Chief Legal Officer, Secretary and Senior Advisor Chris McGurk - Chairman and Chie Executive Officer Mark Lindsey - Chief Financial Officer Erick Opeka - President and Chief Strategy Officer Conference Call Participants Brian Kinstlinger - Alliance Global Partners Daniel Kurnos - The Benchmark Company Operator Good day, everyone. Welcome to Cineverse's Third Quarter Fiscal 2024 Financial Results Conference Call.

News Image

Wed, 14 Aug 2024

Sentiment - NEUTRAL

Source - PRNewsWire

Summary - Total Revenue of $9.1 Million Total Direct Operating Margin of 51% Selling, General, and Administrative Expenses decreased by $1.3 Million, or 17% LOS ANGELES , Aug. 14, 2024 /PRNewswire/ -- Cineverse Corp. ("Cineverse" or the "Company") (NASDAQ: CNVS), a global streaming technology and entertainment company, today announced its financial results for its fiscal first quarter ended June 30, 2024 ("Q1 FY 2025").ย  Q1 FY 2025 Highlights (all comparisons are to the prior year fiscal quarter ended June 30, 2023, or Q1 FY 2024):ย  For the fiscal quarter ended June 30, 2024, the Company's initiatives to reduce operating costs continued to have a positive impact on our financial results contributing to a decrease in SG&A expenses of $1.3 million, or 17% and also helped increase our direct operating margin to 51% from 46% last year, above our previously stated target of 45% to 50%.

...

CNVS Frequently asked questions

The highest forecasted price for CNVS is $ from at Piper Sandler.

The lowest forecasted price for CNVS is $ from from Piper Sandler

The CNVS analyst ratings consensus are 0 buy ratings, 0 hold ratings, and 0 sell ratings.