Cineverse (CNVS)

• Market cap: $55.9M
• 1 day: 3.23%
• 5 days: -0.85%
• 1 month: -11.78%
• 3 months: 334.57%
• 6 months: 309.02%
• Year to date: 181.60%
• 1 year: 232.08%
• 5 years: -79.05%
• 10 years: -98.95%
• Sector: Consumer Discretionary
• Industry: Video Tape Rental

About: Cineverse Corp is a main streaming technology and entertainment company. It operates portfolios of owned and operated streaming channels, all powered by its, proprietary technology platform. Cineverse features enthusiast brands for subscription video on demand (SVOD), advertising-based video on demand (AVOD), and free, ad-supported streaming television (FAST) channels. The company earns fees for the distribution of content in the home entertainment markets via several distribution channels, including digital, video-on-demand, and physical goods (e.g., DVDs and Blu-ray Discs) (Base Distribution).

Employees: 179

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

200% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 3

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

37% more capital invested

Capital invested by funds: $1.36M [Q2] → $1.86M (+$498K) [Q3]

14% more funds holding

Funds holding: 22 [Q2] → 25 (+3) [Q3]

0.8% more ownership

Funds ownership: 11.51% [Q2] → 12.31% (+0.8%) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $4.50 28% upside
• Avg. target: $7.25 106% upside
• High target: $10 184% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

Benchmark Daniel Kurnos 62% 1-year accuracy 48 / 78 met price target	184% upside $10	Speculative Buy Maintained	15 Nov 2024
Alliance Global Partners	28% upside $4.50	Buy Maintained	22 Oct 2024