CuriosityStream (CURI) AI Stock Analysis

• Market Cap: $265.46M
• Dividend Yield: 3.66%
• Average Volume (3M): 756.40K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.23
• Revenue Growth: -4.04%
• EPS Growth: 84.17%
• Country: US
• Employees: 45
• Sector: Communication Services
• Sector Strength: 83
• Industry: Broadcasting
• EPS (TTM): 0.01
• Shares Outstanding: 57,708,220
• 10 Day Avg. Volume: 519,531
• 30 Day Avg. Volume: 756,401
• PEG Ratio: -0.81
• Price to Book (P/B): 4.38
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 27.59
• Enterprise Value/Market Cap: 1.02
• Enterprise Value/Revenue: 1.28
• Enterprise Value/Gross Profit: 9.52
• Enterprise Value/Ebitda: 35.52
• 1Y Price Target: $5.40
• Price Target Upside: 16.13% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 57 Neutral
• Price Target: $5.00 ▲(7.53%Upside)

CuriosityStream's overall stock score is driven by significant financial challenges despite recent improvements in cash flow and positive earnings call highlights. Technical indicators point to bearish momentum, but the attractive dividend yield provides some upside potential. The company's ability to sustain recent financial improvements will be critical for future performance.

Positive Factors

Financial Performance

CuriosityStream's first quarter revenues were ahead of forecast, with positive EBITDA and better-than-expected free cash flow.

Financial Stability

The company has a clean balance sheet with $30 million in cash and no debt, providing financial stability.

Revenue Growth

Content licensing efforts are expected to be the main driver of revenue growth and should grow in scale to be more than 50% of Direct business revenues.

Negative Factors

Direct Business Risk

The softening in the Direct Business is a risk as that is an important part of the long-term health of the business.

Revenue Decline

Direct business revenues were down sequentially, and macro uncertainty limits the ability to institute additional price increases.

CuriosityStream Business Overview & Revenue Model

Company Description

CuriosityStream Inc. (CURI) is a global streaming media company that specializes in delivering factual and documentary content. Established in 2015, CuriosityStream offers a vast library of non-fiction programming that spans topics such as science, technology, history, and nature. The company operates primarily in the digital streaming sector, providing its content through direct-to-consumer services, partnerships with cable and satellite distributors, and educational institutions.

How the Company Makes Money

CuriosityStream makes money primarily through subscription revenue. The company offers various subscription plans to its customers, ranging from monthly to annual subscriptions, with different tiers that provide varying levels of access to its content library. Additionally, CuriosityStream generates revenue through licensing agreements, where it sells the rights to its content to third-party platforms and distributors. Significant partnerships with educational institutions and media companies also contribute to its earnings, as these partnerships often involve licensing deals or co-production agreements that help expand its content reach and generate additional 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. The company must focus on reversing revenue declines and improving profitability to enhance overall financial health.

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	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	51.13M	56.89M	78.04M	71.26M	39.62M
Gross Profit	25.77M	21.34M	26.51M	34.59M	24.20M
EBITDA	6.14M	-2.10M	-10.56M	-23.99M	-29.87M
Net Income	-12.94M	-48.90M	-50.92M	-37.63M	-48.60M
Balance Sheet
Total Assets	86.18M	101.02M	154.11M	217.58M	88.59M
Cash, Cash Equivalents and Short-Term Investments	32.06M	37.72M	54.99M	81.05M	33.37M
Total Debt	4.28M	4.28M	4.65M	0.00	0.00
Total Liabilities	28.33M	28.38M	36.49M	55.64M	43.62M
Stockholders Equity	57.85M	72.65M	117.63M	161.94M	44.97M
Cash Flow
Free Cash Flow	8.15M	-16.18M	-39.65M	-73.59M	-53.88M
Operating Cash Flow	8.15M	-16.17M	-39.52M	-73.24M	-53.51M
Investing Cash Flow	-31.41M	14.00M	62.70M	-74.94M	25.45M
Financing Cash Flow	-7.01M	-123.00K	-218.00K	148.34M	36.62M

CuriosityStream Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.65
• 50DMA: Negative
• 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 Neutral. The current price of 4.65 is below the 20-day moving average (MA) of 4.79, below the 50-day MA of 5.31, and above the 200-day MA of 3.02, indicating a neutral trend. The MACD of -0.18 indicates Negative momentum. The RSI at 46.26 is Neutral, neither overbought nor oversold. The STOCH value of 73.03 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for CURI.

CuriosityStream Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SSP	76 Outperform	$293.83M	3.63	11.23%	―	6.28%	―
FUBO	68 Neutral	$1.24B	18.91	21.67%	―	13.18%	―
GTN	67 Neutral	$595.07M	2.30	9.92%	7.53%	9.08%	―
Sector *	62 Neutral	$41.97B	-1.66	-12.07%	3.33%	2.07%	-69.32%
CURI	57 Neutral	$265.46M	―	-12.13%	3.66%	-4.04%	84.17%
EVC	57 Neutral	$211.06M	―	-82.15%	8.20%	-66.94%	-52.19%
IHRT	47 Neutral	$266.65M	―	86.54%	―	3.31%	-39.47%

CuriosityStream Corporate Events

CuriosityStream Holds Successful Annual Stockholders Meeting

On June 30, 2025, CuriosityStream Inc. held its annual stockholders meeting virtually, where 75.58% of the company’s common stock was represented. During the meeting, stockholders elected two directors, approved an increase in shares for the Omnibus Incentive Plan, ratified the appointment of Grant Thornton LLP as the independent auditor for 2025, and approved the potential adjournment of the meeting to gather more proxies if needed. All proposals were successfully passed, indicating strong shareholder support for the company’s strategic decisions.

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.

CuriosityStream Announces Special Cash Dividend

On May 8, 2025, CuriosityStream Inc. announced a special cash dividend of $0.10 per share, payable on June 27, 2025, as a reflection of the company’s strong financial position and future prospects. This decision highlights the company’s commitment to returning value to shareholders and marks a significant milestone following its achievement of positive net income and EBITDA for the quarter ended March 31, 2025.

CuriosityStream Reports First-Ever Positive Net Income

On May 6, 2025, CuriosityStream announced its first-ever positive net income for Q1 2025, with a 26% year-over-year increase in revenue to $15.1 million. The company also reported a significant improvement in net income and adjusted EBITDA, alongside a 100% increase in its annual dividend program to $0.32. This financial milestone reflects CuriosityStream’s growth trajectory and its efforts to reward shareholders, while expanding its content offerings and market presence.