CuriosityStream (CURI) AI Stock Analysis

• Market Cap: $240.19M
• Dividend Yield: 8.25%
• Average Volume (3M): 948.38K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.92
• 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: 707,889
• 30 Day Avg. Volume: 948,385
• 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: 1.18
• Enterprise Value/Revenue: 4.25
• Enterprise Value/Gross Profit: 7.80
• Enterprise Value/Ebitda: 32.71
• 1Y Price Target: $6.33
• Price Target Upside: 53.64% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): -0.05
• Revenue Forecast (FY): $70.73M

• Rating: 58 Neutral
• Price Target: $5.00 ▲(21.36% Upside)

CuriosityStream's overall stock score is driven by its financial challenges and valuation concerns, offset by positive technical indicators and strategic growth initiatives. The company's recent revenue growth and cash flow improvements are promising, but consistent profitability remains a key challenge.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective strategic execution and market demand, enhancing long-term business prospects.

Cash Flow Improvement

Improved cash flow reflects effective cost management, providing financial flexibility for future investments and growth.

Strong Balance Sheet

A strong balance sheet with no debt enhances financial stability and supports strategic initiatives without leverage risk.

Negative Factors

Subscription Revenue Decline

Declining subscription revenue may indicate challenges in customer retention or market competition, impacting future growth.

Increased Costs

Rising costs can pressure margins and profitability, requiring strategic cost management to sustain long-term financial health.

Net Loss

Ongoing net losses highlight profitability challenges, necessitating operational improvements for sustainable financial performance.

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: Negative
• Last Price: 4.12
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For CURI, the sentiment is Negative. The current price of 4.12 is below the 20-day moving average (MA) of 4.54, below the 50-day MA of 4.42, and below the 200-day MA of 4.24, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 40.96 is Neutral, neither overbought nor oversold. The STOCH value of 3.47 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for CURI.

CuriosityStream Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTN	68 Neutral	$566.29M	12.58	3.36%	6.32%	-3.32%	-69.63%
SSP	64 Neutral	$416.48M	-10.40	1.81%	―	-3.27%	86.01%
SGA	63 Neutral	$74.06M	232.32	0.18%	8.76%	-0.77%	-93.46%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
CURI	58 Neutral	$240.19M	-43.32	-9.97%	8.25%	28.62%	65.54%
FUBO	52 Neutral	$918.50M	7.36	38.60%	―	1.70%	―
MDIA	41 Neutral	$53.62M	-1.22	-53.47%	―	83.96%	-73.70%

CuriosityStream Corporate Events

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.