The Arena Group Holdings, Inc. (AREN)

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...

• Industry: Internet Content & Information
• Sector: Communication Services
• Founded: 2016
• Employees: 333
• Stock Exchange: NYSEAMERICAN
• Ticker Symbol: AREN

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.

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