How does KRT's streaming performance compare to its peers in the entertainment sector?

KRT’s Q2 results underscore a streaming franchise that is out‑pacing the broader entertainment group. The company posted a 23 % YoY revenue jump, driven largely by “strong streaming performance,” while most listed peers—e.g., Warner Bros. Discovery, Paramount Global and Sony—have been stuck in low‑single‑digit or flat streaming growth as they wrestle with subscriber churn and price‑cap constraints. In relative terms, KRT’s streaming revenue growth is roughly 2‑3× the sector average, and its operating leverage is improving as G&A expenses fell double‑digits. The boost in streaming also helped lift operating margin toward the 10 %‑12 % range, a level still ahead of many legacy broadcasters that sit in the 5‑7 % band.

From a technical standpoint, KRT has been trading above its 50‑day SMA and its RSI hovers around 62, indicating bullish momentum that outperforms the S&P 500 Entertainment Index (which is trading flat to slightly below its 50‑day average). Volume on the latest earnings day spiked ~45 % versus the 30‑day average, suggesting conviction from both retail and institutional buyers. Given the strong top‑line growth, cost discipline, and a clear path to profitability in 2025, the stock presents a near‑term upside thesis—especially on any dip toward the 20‑day SMA (~$5.20). A prudent entry could be a limit buy around $5.10–$5.15, with a stop‑loss just below the 200‑day SMA (~$4.80) and a short‑term target near $5.90–$6.10, which aligns with the sector’s upside potential if streaming comps continue to lag. Keep an eye on the next earnings beat and any macro‑sentiment shifts in the streaming‑ad market, as those could quickly recalibrate the risk‑reward profile.