Cineverse Corp. (CNVS)Communication Services | Entertainment | New York, United States | NasdaqCM
2.41 USD
-0.01
(-0.413%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 2.41 |
Hot Take ↕ | Aug. 22, 2026, 5:35 a.m. EDT
The investment case here is severely compromised by a deteriorating business model and a hostile capital structure. Fundamentally, the company is burning cash with negative operating margins and a return on equity of nearly -28%. The balance sheet is fragile, carrying debt that exceeds its cash reserves, forcing it to resort to dilutive public offerings to stay afloat. This capital raising is a red flag that suggests management lacks the operational leverage to generate value without selling equity. The price action reflects this distress. After a massive, likely artificial, spike in 2025, the stock has corrected sharply, losing over 85% of its value over the last nine years. The recent price action shows weakness, trading below key moving averages, confirming the loss of momentum. Options activity confirms the pessimism. Traders are buying deep out-of-the-money puts, creating a heavy shield against further drops, while call buying is minimal. This asymmetry suggests the market expects more pain, not a recovery. With no dividend to provide income and a high probability of continued dilution, there is no compelling reason to own this security at current levels. |
| Model | MAE |
|---|---|
| AutoETS ✓ | 0.065827 |
| AutoARIMA | 0.065873 |
| MSTL | 0.065956 |
| AutoTheta | 0.070628 |
Forecast horizon: 45 days | Selected: AutoETS
| Forecast Reliability | |
|---|---|
| Score | 45% |
| H-stat | 0.63 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.249 |
| Excess Kurtosis | -1.07 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Debt to Equity Ratio | 65.041 |
| Revenue per Share | 4.326 |
| Market Cap | 57,289,048 |
| Forward P/E | -18.54 |
| Beta | 1.49 |
| Profit Margins | -12.87% |
| Previous Name | Cinedigm Corp. |
| Website | https://www.cineverse.com |
As of Aug. 22, 2026, 5:35 a.m. EDT: Speculators are aggressively positioning for downside protection, evidenced by massive open interest and volume in out-of-the-money puts compared to calls. The implied volatility for puts is significantly elevated relative to calls, indicating a fear premium. While some call activity exists at the $5 strike, the overwhelming sentiment is hedging against further declines rather than betting on a rally.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.40246916 |
| Address1 | 224 W. 35th St. |
| Address2 | Suite 500 #947 |
| All Time High | 2,946.0 |
| All Time Low | 0.72 |
| Ask | 3.08 |
| Ask Size | 2 |
| Average Analyst Rating | 1.0 - Strong Buy |
| Average Daily Volume10 Day | 142,800 |
| Average Daily Volume3 Month | 295,314 |
| Average Volume | 295,314 |
| Average Volume10Days | 142,800 |
| Beta | 1.492 |
| Bid | 1.76 |
| Bid Size | 2 |
| Book Value | 1.573 |
| City | New York |
| Compensation As Of Epoch Date | 1,798,675,200 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 2.41 |
| Current Ratio | 0.746 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 2.45 |
| Day Low | 2.38 |
| Debt To Equity | 65.041 |
| Display Name | Cineverse |
| Earnings Call Timestamp End | 1,786,653,000 |
| Earnings Call Timestamp Start | 1,786,653,000 |
| Earnings Timestamp | 1,786,651,200 |
| Earnings Timestamp End | 1,794,513,600 |
| Earnings Timestamp Start | 1,794,513,600 |
| Ebitda | -6,553,000 |
| Ebitda Margins | -0.07691 |
| Enterprise To Ebitda | -12.556 |
| Enterprise To Revenue | 0.966 |
| Enterprise Value | 82,281,040 |
| Eps Forward | -0.13 |
| Eps Trailing Twelve Months | -0.56 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 2.6768 |
| Fifty Day Average Change | -0.26679993 |
| Fifty Day Average Change Percent | -0.09967122 |
| Fifty Two Week Change Percent | -40.246918 |
| Fifty Two Week High | 4.29 |
| Fifty Two Week High Change | -1.8799999 |
| Fifty Two Week High Change Percent | -0.4382284 |
| Fifty Two Week Low | 1.77 |
| Fifty Two Week Low Change | 0.6400001 |
| Fifty Two Week Low Change Percent | 0.36158198 |
| Fifty Two Week Range | 1.77 - 4.29 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,068,474,600,000 |
| Float Shares | 20,337,372 |
| Forward Eps | -0.13 |
| Forward P E | -18.538464 |
| Free Cashflow | 10,146,125 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 291 |
| Fullday Change | -0.00999999 |
| Fullday Change Percent | -0.413223 |
| Fullday Price | 2.41 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.46264 |
| Gross Profits | 39,421,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.076620005 |
| Held Percent Institutions | 0.16785999 |
| Implied Shares Outstanding | 23,771,387 |
| Industry | Entertainment |
| Industry Disp | Entertainment |
| Industry Key | entertainment |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Fiscal Year End | 1,774,915,200 |
| Last Split Date | 1,686,268,800 |
| Last Split Factor | 1:20 |
| Long Business Summary | Cineverse Corp. operates as a technology and entertainment company. The company also owns and operates streaming channels. In addition, it operates as an aggregator and distributor of feature films and television programs; proprietary technology software-as-a-service platform for over-the-top (OTT) app development and content distribution 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. Further, the company operates MatchpointTM, a software-based streaming operating platform. Additionally, it distributes products under the Hallmark, ITV, Nelvana, ZDF, Konami, NFL, and Highlander brands, as well as for content creators, movie producers, television producers, and other short-form digital content producers; and sells physical products, such as DVD's and Blu-ray discs. The company provides its services through direct-to-consumer channels, application platforms, and third-party distributors of content on platforms. The company was formerly known as Cinedigm Corp. and changed its name to Cineverse Corp. in May 2023. Cineverse Corp. was incorporated in 2000 and is based in New York, New York. |
| Long Name | Cineverse Corp. |
| Market | us_market |
| Market Cap | 57,289,048 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1571026 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-29 |
| Net Income To Common | -11,313,000 |
| Next Fiscal Year End | 1,806,451,200 |
| Non Diluted Market Cap | 57,526,756 |
| Number Of Analyst Opinions | 2 |
| Open | 2.41 |
| Operating Cashflow | -13,148,000 |
| Operating Margins | -0.12335 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.46 |
| Phone | (212) 206-8600 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 2.41 |
| Post Market Time | 1,787,959,805 |
| Prev Name | Cinedigm Corp. |
| Previous Close | 2.42 |
| Price Hint | 4 |
| Price To Book | 1.5321044 |
| Price To Sales Trailing12 Months | 0.6723356 |
| Profit Margins | -0.12868 |
| Quick Ratio | 0.637 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | strong_buy |
| Recommendation Mean | 1.0 |
| Region | US |
| Regular Market Change | -0.00999999 |
| Regular Market Change Percent | -0.413223 |
| Regular Market Day High | 2.45 |
| Regular Market Day Low | 2.38 |
| Regular Market Day Range | 2.38 - 2.45 |
| Regular Market Open | 2.41 |
| Regular Market Previous Close | 2.42 |
| Regular Market Price | 2.41 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 111,412 |
| Return On Assets | -0.09074 |
| Return On Equity | -0.28417 |
| Revenue Growth | 1.752 |
| Revenue Per Share | 4.326 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Shares Outstanding | 23,771,387 |
| Shares Percent Shares Out | 0.0219 |
| Shares Short | 521,754 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 431,669 |
| Short Name | Cineverse Corp. |
| Short Percent Of Float | 0.024300002 |
| Short Ratio | 4.53 |
| Source Interval | 15 |
| State | NY |
| Symbol | CNVS |
| Target High Price | 14.0 |
| Target Low Price | 9.0 |
| Target Mean Price | 11.5 |
| Target Median Price | 11.5 |
| Total Cash | 4,319,000 |
| Total Cash Per Share | 0.182 |
| Total Debt | 26,066,000 |
| Total Revenue | 85,209,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.56 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.49805 |
| Two Hundred Day Average Change | -0.08804989 |
| Two Hundred Day Average Change Percent | -0.03524745 |
| Type Disp | Equity |
| Volume | 111,412 |
| Website | https://www.cineverse.com |
| Zip | 10,001 |