CINEDIGM CORP - A (CIDM) Forecast, Price Target & Analyst Ratings

NASDAQ:CIDM • US1724062096

Current stock price

0.2945 USD
+0 (+0.86%)
At close:
0.2855 USD
-0.01 (-3.06%)
After Hours:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CINEDIGM CORP - A (CIDM).

Forecast Snapshot

Consensus Price Target

Price Target
$3.70
+ 1,155.52% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Jun 26, 2023
Period
Q4 / 2023
EPS Estimate
$0.02
Revenue Estimate
18.19M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.50%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
$3.70
Upside
+ 1,155.52%
From current price of $0.29 to mean target of $3.70, Based on 8 analyst forecasts
Low
$2.27
Median
$3.70
High
$5.25

Price Target Revisions

1 Month
0.00%
3 Months
-9.38%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for CIDM. The average price target is 3.7 USD. This implies a price increase of 1155.52% is expected in the next year compared to the current price of 0.2945.
The average price target has been revised downward by 9.38% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CIDM Current Analyst RatingCIDM Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

CIDM Historical Analyst RatingsCIDM Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6

Analyst Ratings Consensus

ChartMill Buy Consensus
82.50%
CIDM was analyzed by 8 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about CIDM.
In the previous month the buy percentage consensus was at a similar level.
CIDM was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2023-02-15BenchmarkReiterate Speculative Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jun 26, 2023
Period
Q4 / 2023
EPS Estimate
$0.02
Revenue Estimate
18.19M
Revenue Q2Q
7.94%
EPS Q2Q
202.00%
Number of Analysts
4

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-1.71%
EPS (1 Month)
0.00%
EPS (3 Months)
300.00%

Next Earnings Summary

CIDM is expected to report earnings on 6/26/2023. The consensus EPS estimate for the next earnings is 0.02 USD and the consensus revenue estimate is 18.19M USD.
The next earnings revenue estimate has been revised downward by 1.71% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024
Revenue
YoY % growth
CIDM revenue by date.CIDM revenue by date.
39.3M
-26.54%		31.419M
-20.05%		56.054M
78.41%		74.777M
33.40%		73.707M
-1.43%
EBITDA
YoY % growth
CIDM ebitda by date.CIDM ebitda by date.
5.09M
-37.55%		-6.554M
-228.76%		5.609M
185.58%		2.661M
-52.56%		3.711M
39.46%
EBIT
YoY % growth
CIDM ebit by date.CIDM ebit by date.
-4.3M
23.21%		-13.473M
-213.33%		1.043M
107.74%		-4.336M
-515.73%		4.498M
203.74%
Operating Margin
CIDM operating margin by date.CIDM operating margin by date.
-10.94%-42.88%1.86%-5.80%6.10%
EPS
YoY % growth
CIDM eps by date.CIDM eps by date.
N/A
62.26%		-0.55
-169.61%		0.01
101.82%		-0.02
-304.00%		0.05
350.00%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24
EPS
Q2Q % growth		0.02
202.00%		0.00
100.00%		0.01
134.00%		0.01
-66.00%		0.02
-25.00%
Revenue
Q2Q % growth		18.19M
7.94%		13.778M
1.38%		15.775M
12.63%		22.114M
-20.69%		22.039M
21.16%
EBITDA
Q2Q % growth		1.073M
-78.60%		-2.063M
42.43%		-1.02M
62.60%		2.192M
-65.47%		4.413M
311.28%
EBIT
Q2Q % growth		1.27M
184.12%		-1.867M
59.28%		-634.44K
86.53%		2.389M
-30.55%		4.609M
262.91%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CIDM Yearly Revenue VS EstimatesCIDM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
CIDM Yearly EPS VS EstimatesCIDM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2019 2020 2021 2022 2023 2024 0 -2 -4 -6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CINEDIGM CORP - A / CIDM Forecast FAQ

What do analysts expect the price target to be for CINEDIGM CORP - A (CIDM)?

8 analysts have analysed CIDM and the average price target is 3.7 USD. This implies a price increase of 1155.52% is expected in the next year compared to the current price of 0.2945.

When does CINEDIGM CORP - A (CIDM) report earnings?

CINEDIGM CORP - A (CIDM) will report earnings on 2023-06-26, after the market close.

Can you provide the consensus estimates for CINEDIGM CORP - A next earnings?

The consensus EPS estimate for the next earnings of CINEDIGM CORP - A (CIDM) is 0.02 USD and the consensus revenue estimate is 18.19M USD.

How do analysts rate CINEDIGM CORP - A (CIDM)?

The consensus rating for CINEDIGM CORP - A (CIDM) is 82.5 / 100 . This indicates that analysts generally have a positive outlook on the stock.