The price of CNVS is predicted to go up 15.18%, based on the high correlation periods with APVO. The similarity of these two price pattern on the periods is 90.91%.
CNVS
APVO
Up: 15.18%Similarity: 90.91%
CNVS Revenue Forecast
CNVS EPS Forecast
CNVS FAQs
What is bull’s view on CNVS?
Cineverse (CNVS) has a bullish outlook with a price target of $10, reflecting a 212.5% upside from its current price of $3.20. This optimism stems from strong financial performance, including better-than-expected quarterly results, and anticipated revenue boosts from its cinematic ventures like "Terrifier 3." Additionally, its RSI of 74.14 suggests overbought conditions, indicating momentum-driven interest.
What is bear's view on CNVS?
CNVS stock closed at $3.75 on January 31, 2025, with a recent RSI of 74.14, indicating overbought conditions. The stock has surged 40% in the past month, driven by strong financial results and momentum from its horror division's success. However, the elevated RSI suggests potential downside risk in the short term.
What is CNVS revenue forecast for next quarter?
The market consensus for CNVS's revenue in the upcoming quarter is projected to be approximately $15.486M USD.
Benchmark raised the firm's price target on Cineverse to $10 from $9 and keeps a Speculative Buy rating on the shares. Cineverse "still had to put up a 'tweener quarter based entirely off the core business" before beginning to reap the cinematic windfall from the box office numbers for Terrifier 3, and "they delivered," the analyst tells investors.