Cineverse (NASDAQ:CNVS) Upgraded by Wall Street Zen to Hold Rating

Cineverse (NASDAQ:CNVS) was upgraded by stock analysts at Wall Street Zen from a “strong sell” rating to a “hold” rating in a report released on Saturday.

CNVS has been the topic of a number of other research reports. Benchmark restated a “buy” rating on shares of Cineverse in a report on Wednesday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Cineverse in a report on Wednesday. Finally, Alliance Global Partners reiterated a “buy” rating on shares of Cineverse in a research report on Friday. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $9.00.

Cineverse Trading Up 17.5%

Shares of NASDAQ:CNVS opened at $3.15 on Friday. The company has a market cap of $67.09 million, a price-to-earnings ratio of -5.94 and a beta of 1.54. The company has a 50-day moving average price of $2.59 and a 200-day moving average price of $2.45. Cineverse has a 12 month low of $1.77 and a 12 month high of $7.39.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in CNVS. StoneX Group Inc. bought a new position in shares of Cineverse in the 4th quarter worth approximately $30,000. Prelude Capital Management LLC boosted its position in shares of Cineverse by 31.1% during the third quarter. Prelude Capital Management LLC now owns 17,037 shares of the company’s stock valued at $57,000 after purchasing an additional 4,037 shares in the last quarter. Thompson Davis & CO. Inc. purchased a new stake in Cineverse in the first quarter worth $58,000. XTX Topco Ltd grew its stake in Cineverse by 57.4% in the fourth quarter. XTX Topco Ltd now owns 29,126 shares of the company’s stock worth $61,000 after purchasing an additional 10,621 shares during the period. Finally, Cubist Systematic Strategies LLC bought a new position in Cineverse in the first quarter worth $68,000. Hedge funds and other institutional investors own 8.19% of the company’s stock.

Cineverse News Roundup

Here are the key news stories impacting Cineverse this week:

• Positive Sentiment: Cineverse reported fiscal Q4 revenue of $26.0 million, up 67% year over year, and EPS of $0.05, beating the consensus estimate of a $0.08 loss; the earnings beat likely boosted investor confidence. Cineverse Reports Fourth Quarter and Fiscal Year 2026 Results
• Positive Sentiment: The company reaffirmed FY 2027 revenue guidance of $115 million to $120 million and adjusted EBITDA of $10 million to $20 million, suggesting management sees continued momentum and improving profitability. Cineverse reaffirms fiscal 2027 guidance of $115M-$120M revenue and $10M-$20M adjusted EBITDA following IndiCue and Giant acquisitions
• Positive Sentiment: Management highlighted that the IndiCue and Giant Worldwide acquisitions contributed $11.6 million in revenue in their first partial quarter, while cost synergies are rising, which supports the bullish growth narrative. In Microdrama Retreat, Cineverse Shifts Joint Venture Role With Lloyd Braun To Passive Minority Stake

Cineverse Company Profile

Cineverse (NASDAQ: CNVS), formerly known as Cinedigm, is a digital entertainment company that acquires, produces and distributes film and television content across a range of platforms. Through its streaming division, the company offers a portfolio of direct-to-consumer channels and apps—spanning genres such as horror, faith and family, documentaries and classic cinema—on both AVOD (ad-supported) and FAST (free ad-supported television) services. Cineverse also licenses its curated libraries to third-party streaming platforms, pay-TV operators and retail video-on-demand providers.

In addition to its consumer-facing streaming business, Cineverse operates a digital cinema network that supplies hardware, software and content delivery solutions to cinema exhibitors throughout North America.