MarketWise, Inc. (MKTW)

NASDAQ: MKTW · Real-Time Price · USD
0.510
+0.011 (2.14%)
At close: Nov 18, 2024, 4:00 PM
0.533
+0.023 (4.47%)
Pre-market: Nov 19, 2024, 8:34 AM EST
2.14%
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]

Sector Financials
Founded 1999
Employees 584
Stock Exchange NASDAQ
Ticker Symbol MKTW
Full Company Profile

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 Statements

Analyst 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.

Price Target
$2.5
(390.20% upside)
Analyst Consensus: Buy
Stock Forecasts

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...

11 days ago - GlobeNewsWire

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...

11 days ago - GlobeNewsWire

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...

25 days ago - GlobeNewsWire

Top 3 Financials Stocks Which Could Rescue Your Portfolio This Month

The most oversold stocks in the financials sector presents an opportunity to buy into undervalued companies.

Other symbols: HPHRILY
3 months ago - Benzinga

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...

3 months ago - GlobeNewsWire

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...

3 months ago - Seeking Alpha

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 ...

7 months ago - Seeking Alpha

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - Market Watch

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - Seeking Alpha

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 $...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - Seeking Alpha

Coviance and MarketWise Advisors, LLC Release Independent ROI Study

DES MOINES, Iowa--(BUSINESS WIRE)-- #Coviance--Coviance and MarketWise Advisors, LLC Release Independent ROI Study.

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

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”)...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire