Cheer (NASDAQ:CHR) Trading 11.5% Higher – What’s Next?

Posted by Bonnie Powley on May 21st, 2026

Cheer Holding, Inc. (NASDAQ:CHR – Get Free Report)’s share price rose 11.5% on Monday . The company traded as high as $1.97 and last traded at $1.94. Approximately 109,439 shares were traded during trading, an increase of 122% from the average daily volume of 49,215 shares. The stock had previously closed at $1.74.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (d)” rating on shares of Cheer in a research note on Monday, April 20th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

Check Out Our Latest Report on CHR

Cheer Stock Performance

The business’s 50 day moving average is $2.14 and its 200 day moving average is $4.45.

Cheer (NASDAQ:CHR – Get Free Report) last announced its quarterly earnings results on Friday, March 20th. The company reported ($14.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $345.00 by ($359.14). The business had revenue of $38.92 million during the quarter, compared to the consensus estimate of $73.00 million.

Institutional Investors Weigh In On Cheer

A hedge fund recently bought a new stake in Cheer stock. Jane Street Group LLC acquired a new position in shares of Cheer Holding, Inc. (NASDAQ:CHR – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 63,046 shares of the company’s stock, valued at approximately $81,000. Jane Street Group LLC owned about 1.34% of Cheer as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 18.54% of the company’s stock.

About Cheer

(Get Free Report)

Cheer Holding, Inc, through its subsidiaries, provides advertisement and content production services in the People’s Republic of China. It operates through Cheers APP Internet Business and Traditional Media Businesses segments. The company also engages in mobile and online advertising, and media and entertainment businesses. In addition, it operates CHEERS app, an integrated e-commerce service with professionally produced content; CHEERS Video app, a media platform that engages users with content; and CHEERS e-Mall, an e-Mall app that offers products to the users through third party merchants through live streaming, online short videos, and online games.