MarketWise, Inc. (MKTW)
Market Cap | 165.40M |
Revenue (ttm) | 423.38M |
Net Income (ttm) | 5.06M |
Shares Out | 324.32M |
EPS (ttm) | 0.13 |
PE Ratio | 3.82 |
Forward PE | 3.03 |
Dividend | $0.04 (7.84%) |
Ex-Dividend Date | Aug 15, 2024 |
Volume | 390,441 |
Open | 0.499 |
Previous Close | 0.499 |
Day's Range | 0.499 - 0.530 |
52-Week Range | 0.465 - 3.620 |
Beta | 0.41 |
Analysts | Buy |
Price Target | 2.50 (+390.2%) |
Earnings Date | Nov 7, 2024 |
About MKTW
MarketWise, Inc. operates a content and technology multi-brand platform for self-directed investors in the United States and Internationally. Its platform includes subscription businesses that provides financial research, software, education, and tools to navigate the financial markets. The company offers various investment strategies, such as value investing, income, growth, commodities, cryptocurrencies, venture, crowdfunded investing, biotechnology, mutual funds, options, and trading; investment research product portfolio through a range of ... [Read more]
Financial Performance
In 2023, MarketWise's revenue was $448.18 million, a decrease of -12.53% compared to the previous year's $512.40 million. Earnings were $1.78 million, a decrease of -90.09%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for MKTW stock is "Buy." The 12-month stock price forecast is $2.5, which is an increase of 390.20% from the latest price.
News
MarketWise Declares Dividend on Common Stock
BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financi...
MarketWise Reports Net Income of $22.7 Million and Net Revenue of $97.2 Million for Third Quarter 2024
BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financi...
MarketWise to Release Third Quarter 2024 Financial Results
BALTIMORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financial r...
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MarketWise - Quarterly Report and Shareholder Letter
BALTIMORE, Aug. 14, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financi...
MarketWise: High Uncertainty, But An Attractive Risk-Reward
MarketWise shares have fallen nearly 30% since the announcement of the resignation of its CEO. There is high uncertainty regarding the outcome of the turnaround that was taking place to return the bus...
MarketWise: A Wise Investment Right Now
MarketWise has lost more than a third of its value since the beginning of the year due to multiple challenges that the company is facing, which are likely short term. The company's founder is back as ...
UPDATE: MarketWise - Annual Report and Shareholder Letter
BALTIMORE, March 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financ...
MarketWise - Annual Report and Shareholder Letter
BALTIMORE, March 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financ...
MarketWise to cut 104 jobs as ‘misconduct' prompts wind down of Legacy Research
Shares of MarketWise Inc. were set for a selloff Tuesday, after the financial-research and analytics company said it decided to wind down its Legacy Research business after misconduct by certain manag...
MarketWise to Release Third Quarter 2023 Financial Results
BALTIMORE, Oct. 27, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financial r...
MarketWise Announces Leadership Changes to Strengthen Operations and Business Performance; Declares Regular Dividend of Approximately $2.9 Million or $0.01 Per Share; Declares Special Dividend of Approximately $50.0 Million or $0.15 Per Share
BALTIMORE, Oct. 18, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financi...
F. Porter Stansberry Joins MarketWise Board of Directors
BALTIMORE, Sept. 08, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financ...
MarketWise Repudiates False Claims in Porter Stansberry's August 11, 2023 Letter
BALTIMORE, Aug. 24, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financi...
MarketWise, Inc. (MKTW) Q2 2023 Earnings Call Transcript
MarketWise, Inc. (NASDAQ:MKTW) Q2 2023 Earnings Conference Call August 10, 2023 11:00 AM ET Company Participants Jonathan Shanfield - Vice President, Investor Relations Amber Mason - Chief Executive ...
MarketWise Reports Financial Results for Second Quarter 2023
~ Total Subscribers of 16.7 Million, Including 750 Thousand Paid Subscribers ~ ~ Revenues of $103.6 Million ~ ~ Billings of $96.2 Million ~ ~ Net Income of $9.7 Million ~ ~ CFFO and Adjusted CFFO of $...
MarketWise to Release Second Quarter 2023 Financial Results
BALTIMORE, July 27, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financial r...
MarketWise Announces Appointment of Erik Mickels as Chief Financial Officer
BALTIMORE, July 06, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financi...
MarketWise: Improving Profitability And Easing Headwinds (Rating Upgrade)
MarketWise is now down nearly 80% since going public, which presents a compelling buying opportunity. The company demonstrated surprisingly strong profitability in the latest earnings, as operating le...
Coviance and MarketWise Advisors, LLC Release Independent ROI Study
DES MOINES, Iowa--(BUSINESS WIRE)-- #Coviance--Coviance and MarketWise Advisors, LLC Release Independent ROI Study.
MarketWise, Inc. (MKTW) Q1 2023 Earnings Call Transcript
MarketWise, Inc. (NASDAQ:MKTW) Q1 2023 Earnings Conference Call May 11, 2023 11:00 AM ET Company Participants Jonathan Shanfield - VP, IR Amber Mason - CEO Stephen Park - Interim CFO Lee Harris - SVP...
MarketWise Reports Financial Results for First Quarter 2023
~ Revenues of $126.2 Million ~ ~ Billings of $97.2 Million ~ ~ Net Income of $30.6 Million ~ BALTIMORE, May 11, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”)...
MarketWise Announces Initiation of Quarterly Cash Dividend
BALTIMORE, May 11, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financia...
MarketWise Enters into Settlement Agreement with F. Porter Stansberry in Connection with 2023 Annual Meeting
BALTIMORE, May 02, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”) today announced that it has entered into a settlement agreement with F. Porter Stansberry in...
MarketWise Announces First Quarter 2023 Financial Results Release Date and Conference Call
BALTIMORE, April 27, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform providing premium financial research, softwar...