tiprankstipranks
Trending News
More News >

Cineverse Announces New Employment Agreement with Antonio Huidor

Story Highlights
  • Cineverse Corp. announced a new employment agreement with Antonio Huidor effective May 1, 2025.
  • The agreement includes compensation details and conditions for termination, securing key leadership roles.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Cineverse ( (CNVS) ) has issued an update.

On May 14, 2025, Cineverse Corp. announced a new employment agreement with Antonio Huidor, effective May 1, 2025, which supersedes the previous agreement. Under this agreement, Mr. Huidor will serve as President of Technology and Chief Product Officer, with a term ending on April 30, 2027, and an automatic one-year renewal option. The agreement outlines his compensation, including an annual base salary of $430,000, a target bonus of $301,000, and RSUs for 76,820 shares of Common Stock. The agreement also details conditions for termination and compensation in the event of a change in control, highlighting the company’s commitment to securing key leadership roles and ensuring stability in its executive team.

The most recent analyst rating on (CNVS) stock is a Buy with a $10.00 price target. To see the full list of analyst forecasts on Cineverse stock, see the CNVS Stock Forecast page.

Spark’s Take on CNVS Stock

According to Spark, TipRanks’ AI Analyst, CNVS is a Neutral.

Cineverse’s overall stock score reflects a mixed performance. Strong recent financial performance and a debt-free balance sheet are offset by ongoing profitability issues and a negative P/E ratio, indicating valuation concerns. The technical indicators suggest caution, while the earnings call provides optimism for continued growth, albeit with some dependency risks.

To see Spark’s full report on CNVS stock, click here.

More about Cineverse

Average Trading Volume: 91,060

Technical Sentiment Signal: Buy

Current Market Cap: $54.01M

For an in-depth examination of CNVS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App