CuriosityStream (CURI) AI Stock Analysis

• Market Cap: $274.00M
• Dividend Yield: 4.83%
• Average Volume (3M): 845.52K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: 28.62%
• EPS Growth: 65.54%
• Country: US
• Employees: 45
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): -0.06
• Shares Outstanding: 58,298,508
• 10 Day Avg. Volume: 1,576,647
• 30 Day Avg. Volume: 845,523
• PEG Ratio: 0.09
• Price to Book (P/B): 1.44
• Price to Sales (P/S): 1.63
• P/FCF Ratio: 10.23
• Enterprise Value/Market Cap: 1.03
• Enterprise Value/Revenue: 4.25
• Enterprise Value/Gross Profit: 7.80
• Enterprise Value/Ebitda: 32.71
• 1Y Price Target: $6.33
• Price Target Upside: 34.39% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -0.05
• Revenue Forecast (FY): $70.73M

• Rating: 52 Neutral
• Price Target: $4.50 ▼(-4.46% Downside)

CuriosityStream's overall stock score is primarily influenced by its financial challenges and technical analysis indicators, which suggest caution. However, the positive earnings call with strong revenue growth and strategic initiatives provides a more optimistic outlook, balancing some of the financial and valuation concerns.

Positive Factors

Revenue Growth

Strong revenue growth indicates successful strategic initiatives and market demand, supporting long-term business expansion and sustainability.

Cash Flow Improvement

Improved cash flow reflects effective cost management, enhancing financial stability and providing resources for future investments.

Licensing Revenue Growth

Growth in licensing revenue diversifies income sources and reduces reliance on subscriptions, strengthening the business model.

Negative Factors

Subscription Revenue Decline

Declining subscription revenue suggests challenges in maintaining subscriber growth, potentially impacting long-term revenue stability.

Increased Costs

Rising costs, especially in marketing and G&A, could pressure margins and profitability if not managed effectively over time.

Net Loss

Ongoing net losses highlight financial challenges and the need for improved profitability to ensure long-term viability.

CuriosityStream Business Overview & Revenue Model

Company Description

CuriosityStream Inc. operates as a factual content streaming service and media company. The company provides premium video programming services in various categories of factual entertainment, including science, history, society, nature, lifestyle, and technology through direct subscription video on-demand (SVoD) platforms accessible by internet connected devices, or indirectly via distribution partners who deliver CuriosityStream content via the distributor's platform or system; and through bundled content licenses for SVoD and linear offerings, partner bulk sales, brand partnerships, and content sales. It offers streaming content through devices, including televisions, set-top boxes, computers, streaming media players, game consoles, and mobile devices. As of December 31, 2021, it had approximately 23 million total paying subscribers, including direct subscribers, partner direct subscribers, and bundled MVPD subscribers. The company was founded in 2015 and is based in Silver Spring, Maryland.

How the Company Makes Money

CuriosityStream generates revenue primarily through subscription fees, offering various tiers of membership plans that provide users with access to its extensive library of documentaries and series. The company operates a direct-to-consumer subscription model, which allows it to retain a larger portion of revenue compared to traditional advertising-based models. In addition to individual subscriptions, CuriosityStream also partners with educational institutions, cable companies, and other platforms to offer bundled services or special access, further diversifying its revenue streams. Advertising revenue may also contribute to earnings, particularly through sponsorships and partnerships with brands aligned with its educational content, although this represents a smaller portion of its overall income.

CuriosityStream Financial Statement Overview

Summary

CuriosityStream faces significant financial challenges with consistent operational losses impacting income statement metrics. The balance sheet reflects a strong equity position aided by low debt, although asset decline is concerning. Recent improvements in cash flow are positive signs, but sustaining this trend will be crucial for long-term stability and growth.

Income Statement

CuriosityStream has shown fluctuating revenue growth rates with a decline in total revenue from 2022 to 2023. The company struggles with negative net profit margins and consistently negative EBIT and EBITDA margins, indicating ongoing operational challenges. Despite these issues, the gross profit margin remains relatively stable, suggesting some operational efficiency in controlling production costs.

Balance Sheet

The company's debt-to-equity ratio remains low, benefiting from minimal debt levels, while equity provides a strong base. However, a declining equity ratio over the years indicates a shrinking asset base relative to equity, potentially impacting future leverage and funding flexibility. Return on equity is negative due to persistent losses, indicating a need for improved profitability.

Cash Flow

CuriosityStream displayed improvement in operating cash flow in 2024, turning positive after years of negative figures. Free cash flow also turned positive, driven by better cash management, but past negative trends highlight a need for consistent improvement. The company has managed cash effectively despite negative net income, indicating potential for future operational improvements.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	66.59M	51.13M	56.89M	78.04M	71.26M	39.62M
Gross Profit	36.29M	25.77M	21.34M	26.51M	34.59M	24.20M
EBITDA	8.66M	6.14M	-2.10M	-11.69M	-23.99M	-28.71M
Net Income	-5.45M	-12.94M	-48.90M	-50.92M	-37.63M	-48.60M
Balance Sheet
Total Assets	74.70M	86.18M	101.02M	154.11M	217.58M	88.59M
Cash, Cash Equivalents and Short-Term Investments	14.11M	32.06M	37.72M	54.99M	81.05M	33.37M
Total Debt	17.24M	4.28M	4.28M	4.65M	0.00	0.00
Total Liabilities	27.51M	28.33M	28.38M	36.49M	55.64M	43.62M
Stockholders Equity	47.19M	57.85M	72.65M	117.63M	161.94M	44.97M
Cash Flow
Free Cash Flow	12.05M	8.15M	-16.18M	-39.65M	-73.59M	-53.88M
Operating Cash Flow	12.12M	8.15M	-16.17M	-39.52M	-73.24M	-53.51M
Investing Cash Flow	15.48M	-31.41M	14.00M	62.70M	-74.94M	25.45M
Financing Cash Flow	-23.15M	-7.01M	-123.00K	-218.00K	148.34M	36.62M

CuriosityStream Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.71
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CURI, the sentiment is Positive. The current price of 4.71 is above the 20-day moving average (MA) of 4.29, above the 50-day MA of 4.66, and above the 200-day MA of 4.15, indicating a bullish trend. The MACD of 0.03 indicates Negative momentum. The RSI at 56.13 is Neutral, neither overbought nor oversold. The STOCH value of 66.74 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for CURI.

CuriosityStream Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SSP	64 Neutral	$393.39M	―	1.81%	―	-3.27%	86.01%
GTN	64 Neutral	$510.48M	11.35	3.36%	6.96%	-3.32%	-69.63%
SGA	63 Neutral	$77.28M	35.99	0.18%	8.35%	-0.77%	-93.46%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
CURI	52 Neutral	$274.00M	―	-9.97%	4.83%	28.62%	65.54%
FUBO	48 Neutral	$1.06B	8.64	38.60%	―	1.70%	―
MDIA	41 Neutral	$79.86M	3.32	-53.47%	―	83.96%	-73.70%

CuriosityStream Corporate Events

CuriosityStream Earnings Call: Revenue Soars Amid Challenges

CuriosityStream Inc. recently held its earnings call, revealing a robust performance characterized by significant revenue and cash flow growth, primarily driven by licensing and strategic partnerships. Despite these achievements, the company faces challenges with declining subscription revenue and increased costs, leading to a net loss.

CuriosityStream Reports Strong Q3 Revenue Growth

CuriosityStream Inc. is a global media company specializing in factual entertainment, offering a wide range of documentaries and series across various platforms. The company recently reported a significant 46% increase in revenue for the third quarter of 2025, reaching $18.4 million, alongside a 101% rise in operating cash flow. This growth is attributed to the company’s strategic focus on retail and wholesale subscriptions, as well as AI and traditional licensing. CuriosityStream’s gross margin improved to 59%, and the company declared a dividend of $0.08 per share.

CuriosityStream Announces Quarterly Dividend Amid Revenue Growth

On November 12, 2025, CuriosityStream announced a quarterly cash dividend of $0.08 per share, payable on December 19, 2025. The company reported a 46% year-over-year revenue increase for the third quarter of 2025, with revenue reaching $18.4 million. This growth reflects strong demand for its content and strategic execution, positioning CuriosityStream favorably in the competitive media industry. The company also highlighted its expansion in AI training data and new subscription services, strengthening its market presence.

The most recent analyst rating on (CURI) stock is a Hold with a $4.50 price target. To see the full list of analyst forecasts on CuriosityStream stock, see the CURI Stock Forecast page.

CuriosityStream’s Stock Offering Completed by Hendricks

On August 14, 2025, Hendricks Factual Media LLC completed a secondary offering of CuriosityStream Inc.’s common stock, selling 7,000,000 shares with an option for an additional 1,050,000 shares, which was fully exercised by the underwriters. CuriosityStream did not sell any securities in this offering and will not receive any proceeds, as the transaction was solely for the benefit of the selling stockholder. This move reflects the company’s strategic financial management and market positioning, although it does not directly impact its financial inflow.

The most recent analyst rating on (CURI) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on CuriosityStream stock, see the CURI Stock Forecast page.