NASDAQ:CIDM - Cinedigm Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $2.75
  • Forecasted Upside: 378.26 %
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$0.58
▲ +0.04 (7.48%)
1 month | 3 months | 12 months
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Analyst Price Target for CIDM

i We calculate consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). Our consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. Our consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
$2.75
▲ +378.26% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for Cinedigm in the last 3 months. The average price target is $2.75, with a high forecast of $3.50 and a low forecast of $2.00. The average price target represents a 378.26% upside from the last price of $0.58.
Buy
The current consensus among 2 polled investment analysts is to buy stock in Cinedigm.

Past Monthly Recommendations

Move your mouse over past months for details

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/2/2019
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
7/31/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/29/2019
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
1/27/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/26/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
7/25/2020
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings
10/23/2020

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 1 hold ratings
  • 0 sell ratings

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/16/2020Alliance Global PartnersInitiated CoverageBuy$2.00High
i
7/7/2020BenchmarkInitiated CoverageSpeculative Buy$3.50Medium
i
7/19/2019Canaccord GenuitySet Price TargetBuy$3.00N/A
i
Rating by Austin Moldow at Canaccord Genuity
4/10/2019Canaccord GenuitySet Price TargetBuy$2.00 ➝ $3.00High
i
Rating by Austin Moldow at Canaccord Genuity
11/21/2018Canaccord GenuityInitiated CoverageBuyHigh
i
10/22/2018Dawson JamesInitiated CoverageBuyLow
i
Rating by B. Sine at Dawson James
12/15/2015Piper Jaffray CompaniesReiterated RatingOverweight$2.50N/A
i
(Data available from 10/24/2015 forward)
Cinedigm logo
Cinedigm Corp., together with its subsidiaries, operates as distributor and aggregator of independent movie, television, and other short form content in the United States, Canada, and New Zealand. The company operates through two segments, Cinema Equipment Business and Content and Entertainment Business. It manages a library of distribution rights to various titles and episodes released across digital, physical, and home and mobile entertainment platforms, as well as services digital cinema assets on approximately 12,000 domestic and foreign movie screens. The company distributes its products for various brands, such as Hallmark, Televisa, ITV, Nelvana, ZDF, Shout! Factory, NFL, NHL and Scholastic, as well as international and domestic content creators, movie producers, television producers, and other short form digital content producers. It also collaborates with producers, various brands, and other content owners to market, source, curate, and distribute content to targeted audiences through existing and emerging digital home entertainment platforms, including Apple, Amazon Prime, Netflix, Hulu, Xbox, PlayStation, Sony, and cable/satellite video-on-demand; and distributes DVD and Blu-ray discs to wholesalers and retailers with sales coverage to approximately 60,000 brick and mortar storefronts, including Walmart, Target, Best Buy, and Amazon. In addition, the company operates various branded and curated over-the-top (OTT) entertainment channels, including Docurama, CONtv, and Dove Channel; and Matchpoint, a software-as-a-service platform to automate the distribution of streaming content and OTT channels. Cinedigm Corp. has a strategic alliance with Starrise Media Holdings Limited to release films in China theatrically and to digital platforms. The company was formerly known as Cinedigm Digital Cinema Corp. and changed its name to Cinedigm Corp. in September 2013. Cinedigm Corp. was founded in 2000 and is headquartered in New York, New York.
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Today's Range

Now: $0.58
$0.55
$0.58

50 Day Range

MA: $0.63
$0.53
$0.91

52 Week Range

Now: $0.58
$0.25
$6.00

Volume

5,361,671 shs

Average Volume

3,945,604 shs

Market Capitalization

$64.20 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.72