The Arena Group Holdings, Inc. (AREN)

NYSEAMERICAN: AREN · IEX Real-Time Price · USD
4.37
-0.23 (-5.00%)
Mar 24, 2023, 4:00 PM EDT - Market closed
-5%
Market Cap 79.98M
Revenue (ttm) 241.23M
Net Income (ttm) -76.27M
Shares Out 18.30M
EPS (ttm) -4.81
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 16,233
Open 4.40
Previous Close 4.60
Day's Range 4.26 - 4.43
52-Week Range 4.26 - 16.50
Beta 0.25
Analysts Buy
Price Target 17.85 (+308.47%)
Earnings Date May 3, 2023

About AREN

The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform the United States and internationally. The company offers the Platform, a proprietary online publishing platform comprising publishing tools, video platforms, social distribution channels, newsletter technology, machine learning content recommendations, notifications, and other technology. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The Arena Group Holdings, Inc. was incorp... [Read more]

Founded 2016
Employees 333
Stock Exchange NYSEAMERICAN
Ticker Symbol AREN
Full Company Profile

Financial Performance

In 2021, AREN's revenue was $189.14 million, an increase of 47.73% compared to the previous year's $128.03 million. Losses were -$89.94 million, -14.24% less than in 2020.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for AREN stock is "Buy." The 12-month stock price forecast is $17.85, which is an increase of 308.47% from the latest price.

Price Target
$17.85
(308.47% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Arena Group Reports Full Year 2022 Revenue of $221 Million Driven by a Nearly 74% Year Over Year Increase in Digital Advertising Revenue

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 265 brands, including Sports Illust...

1 week ago - Business Wire

Esports Illustrated: A New Digital Destination for Gamers Launches, Powered By The Arena Group

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN) and Gaud-Hammer Gaming Group today announced the launch of Esports Illustrated, a new media platform dedicated to providing exclusive, ...

2 weeks ago - Business Wire

The Arena Group Announces Four New Sports Properties Will Launch on the Platform

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) and its sports media vertical, Sports Illustrated Media Group, today announced that it is partnering with four propertie...

2 weeks ago - Business Wire

The Arena Group Announces Strategic Partnerships With Artificial Intelligence Firms

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN), (the “Company” or “The Arena Group”) today announced strategic development partnerships with two Artificial Intellige...

1 month ago - Business Wire

The Arena Group Announces Preliminary and Unaudited Full Year 2022 Results Exceeding Guidance; Reaffirms 2023 Outlook

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 250 brands, including Sports Illu...

1 month ago - Business Wire

The Arena Group Acquires Fexy Studios Expanding Video Production and Distribution

NEW YORK--(BUSINESS WIRE)--Today, The Arena Group Holdings, Inc. (NYSE American: AREN), (the “Company” or “The Arena Group”) announced that it has acquired Fexy Studios, an award-winning creative ag...

2 months ago - Business Wire

Down -48.67% in 4 Weeks, Here's Why Arena Group Holdings, Inc. (AREN) Looks Ripe for a Turnaround

The heavy selling pressure might have exhausted for Arena Group Holdings, Inc. (AREN) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall...

2 months ago - Zacks Investment Research

The Arena Group to Acquire Digital Assets of Men's Journal and Adventure Network From a360media

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 240 brands, including Sports Illu...

3 months ago - Business Wire

Arena Group Holdings, Inc. (AREN) Reports Q3 Loss, Tops Revenue Estimates

Arena Group Holdings, Inc. (AREN) delivered earnings and revenue surprises of -3.45% and 1.41%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the...

4 months ago - Zacks Investment Research

The Arena Group Reports Record Revenue as Digital Advertising Grows 56% for the Third Quarter of 2022

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 250 brands, including Sports Illust...

4 months ago - Business Wire

The Arena Group to Host Third Quarter 2022 Financial Results

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN) today announced that it will release its financial results for the third quarter ended September 30, 2022, on Wednesday, November 9, 20...

5 months ago - Business Wire

The Arena Group Deepens Investment in Advertising Data Infrastructure, Hires New VP to Lead Strategy

NEW YORK--(BUSINESS WIRE)--The Arena Group, (NYSE American: AREN) (the “Company” or “The Arena Group”) a tech-powered media company home to more than 240 brands, including Sports Illustrated, TheStree...

5 months ago - Business Wire

The Arena Group to Expand Parade's High-Growth Digital Business

NEW YORK--(BUSINESS WIRE)--The Arena Group, (NYSE American: AREN) (the “Company” or “The Arena Group”) a tech-powered media company home to more than 240 brands, including Sports Illustrated, TheStree...

6 months ago - Business Wire

Arena Group Holdings, Inc. (AREN) Reports Q2 Loss, Tops Revenue Estimates

Arena Group Holdings, Inc. (AREN) delivered earnings and revenue surprises of 33.33% and 5.47%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stoc...

8 months ago - Zacks Investment Research

The Arena Group Reports Record Revenue and Positive Net Cash Generated from Operating Activities in the Second Quarter of 2022; Total Revenue Increases 87%, As Digital Ad Revenue Grows 114% Year-Over-Year

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 240 brands, including Sports Illust...

8 months ago - Business Wire

The Arena Group to Host Second Quarter 2022 Financial Results Conference Call on Tuesday, August 9

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN) today announced that it will release its financial results for the second quarter ended June 30, 2022, on Tuesday, August 9, 2022 follo...

8 months ago - Business Wire

The Arena Group Appoints Miles Stiverson General Manager of Lifestyle

NEW YORK--(BUSINESS WIRE)--Today, The Arena Group (NYSE American: AREN) (the “Company” or “The Arena Group”) named Miles Stiverson as Senior Vice President and General Manager of Lifestyle to oversee ...

9 months ago - Business Wire

The Arena Group Names Chris Pirrone as Senior Vice President/General Manager of Sports

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN) (the “Company” or “The Arena Group”) announced today the appointment of Chris Pirrone as Senior Vice President and General Manager of S...

10 months ago - Business Wire

The Arena Group Set to Join Russell 3000®, Russell 2000® and Russell Microcap® Indexes

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company with 40 owned and operated properties and more than 2...

10 months ago - Business Wire

The Arena Group to Present at Two Investor Conferences

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company with 40 owned and operated properties and more than 2...

11 months ago - Business Wire

The Arena Group's Gross Profit Triples and Reports 44% Revenue Increase for First Quarter of 2022

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company with 40 owned and operated properties and more than 2...

11 months ago - Business Wire

The Arena Group Anticipates Preliminary Revenue of Approximately $47 Million for the First Quarter of 2022

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company”) or “The Arena Group”), a tech-powered media company with 40 owned and operated properties and more than ...

11 months ago - Business Wire

The Arena Group Finalizes AMG/Parade Acquisition, Powers Growing Lifestyle Vertical and Expands Sports Offerings

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN) (the “Company” or “The Arena Group”) today announced the completion of its acquisition of premium multimedia content company AMG/Parade...

1 year ago - Business Wire

The Arena Group Continues to Drive Revenues and Audience Growth for Fourth Quarter of 2021

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“The Arena Group”), a tech-powered media company with 35 owned and operated properties and more than 200 brands includi...

1 year ago - Business Wire

3 Stocks To Buy To Beat Inflation According To This Wall Street Veteran

Fed Chairman Jerome Powell said on Monday that inflation is too high and that the FED is ready to take action as needed. Powell's tone has shifted tremendously since last year, when he described the i...

Other symbols: ALTGPBPB
1 year ago - Benzinga