MarketWise, Inc. (MKTW)

NASDAQ: MKTW · IEX Real-Time Price · USD
1.65
+0.01 (0.61%)
At close: Mar 24, 2023, 4:00 PM
1.68
+0.03 (1.82%)
After-hours: Mar 24, 2023, 6:48 PM EDT
0.61%
Market Cap 55.89M
Revenue (ttm) 531.42M
Net Income (ttm) 22.27M
Shares Out 33.87M
EPS (ttm) 0.22
PE Ratio 7.50
Forward PE 12.18
Dividend n/a
Ex-Dividend Date n/a
Volume 54,664
Open 1.61
Previous Close 1.64
Day's Range 1.58 - 1.67
52-Week Range 1.52 - 5.73
Beta 0.56
Analysts Buy
Price Target 4.46 (+170.3%)
Earnings Date Mar 30, 2023

About MKTW

MarketWise, Inc. operates a multi-brand platform of subscription businesses that provides financial research, software, education, and tools for investors in the United States and Internationally. The company offers a portfolio of independent investment research, as well as various software and analytical tools on a subscription basis. It provides its research across various platforms, including desktop and laptop, as well as mobile devices, such as tablets and mobile phones. The company serves approximately 972 thousand paid subscribers and ap... [Read more]

Sector Technology
Founded 1999
Employees 800
Stock Exchange NASDAQ
Ticker Symbol MKTW
Full Company Profile

Financial Performance

In 2021, MarketWise's revenue was $549.18 million, an increase of 50.80% compared to the previous year's $364.18 million. Losses were -$1.01 billion, 88.2% more than in 2020.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for MKTW stock is "Buy." The 12-month stock price forecast is $4.46, which is an increase of 170.30% from the latest price.

Price Target
$4.46
(170.30% upside)
Analyst Consensus: Buy
Stock Forecasts

News

MarketWise Announces Fourth Quarter and Full Year 2022 Financial Results Release Date and Conference Call

BALTIMORE, March 22, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform providing premium financial research, softwar...

4 days ago - GlobeNewsWire

MarketWise Announces Appointment of Amber Lee Mason Chief Executive Officer and Board Member

BALTIMORE, Feb. 15, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financi...

1 month ago - GlobeNewsWire

MarketWise CEO resigns effective immediately, after 5 years in charge

MarketWise Inc. MKTW, +0.91% said Wednesday that Chief Executive Mark Arnold has resigned, effective immediately, after five years in the role and nearly 10 years with the company. The provider of fin...

4 months ago - Market Watch

MarketWise Announces Resignation of Mark Arnold as Chairman and CEO; Dr. Stephen Sjuggerud Appointed Interim CEO

BALTIMORE, MD, Nov. 23, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financi...

4 months ago - GlobeNewsWire

MarketWise Reports Financial Results for Third Quarter 2022

~ Total Subscribers of 16.3 Million, Including 894 Thousand Paid Subscribers ~

5 months ago - GlobeNewsWire

MarketWise Announces Third Quarter 2022 Financial Results Release Date and Conference Call

BALTIMORE, Oct. 20, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial research, soft...

5 months ago - GlobeNewsWire

MarketWise, Inc. Announces Successful Completion of Exchange Offer and Consent Solicitation

BALTIMORE, Sept. 19, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium financial ...

6 months ago - GlobeNewsWire

MarketWise, Inc. Announces Successful Warrant Exchange Offer

BALTIMORE, Maryland, Sept. 15, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium ...

6 months ago - GlobeNewsWire

Marketwise (NASDAQ:MKTW), Traeger (NYSE:COOK) – MarketWise And 2 Other Penny Stocks Insiders Are Aggressively Buying

The Nasdaq Composite jumped by around 250 points on Friday. Investors, meanwhile, focused on some notable insider trades.

Other symbols: COOKPHX
6 months ago - Benzinga

MarketWise, Inc. Announces Commencement of Exchange Offer and Consent Solicitation Relating to Warrants

BALTIMORE, Maryland, Aug. 17, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform providing premium f...

7 months ago - GlobeNewsWire

MarketWise Reports Financial Results for Second Quarter 2022

~ Total Subscribers of 15.9 Million, Including 898 Thousand Paid Subscribers ~

8 months ago - GlobeNewsWire

MarketWise Announces Second Quarter 2022 Financial Results Release Date and Conference Call

BALTIMORE, July 25, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial research, soft...

8 months ago - GlobeNewsWire

MarketWise Set to Join Russell 2000® Index

BALTIMORE, June 21, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial research, soft...

9 months ago - GlobeNewsWire

MarketWise Reports Financial Results for First Quarter 2022

~ Total Subscribers of 15.4 Million, Including 909 Thousand Paid Subscribers ~

11 months ago - GlobeNewsWire

MarketWise Announces First Quarter 2022 Financial Results Release Date and Conference Call

BALTIMORE, April 25, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial research, sof...

11 months ago - GlobeNewsWire

These five newly public stocks could be great additions to your portfolio, according to Jim Cramer

CNBC's Jim Cramer on Friday offered a list of five newly-public stocks he believes investors should add to his portfolio.

Other symbols: HAYWRYANSEATSOVO
1 year ago - CNBC

MarketWise Reports Fourth Quarter and Full Year 2021 Financial Results

~ 2021 Revenue Increase of 50.8% Year-Over-Year to $549 Million ~

1 year ago - GlobeNewsWire

MarketWise Announces Fourth Quarter and Full Year 2021 Financial Results Release Date and Conference Call

BALTIMORE, Maryland, Feb. 24, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise”), a leading multi-brand digital subscription services platform that provides premium financial rese...

1 year ago - GlobeNewsWire

MarketWise Reports Financial Results for Third Quarter 2021

~ Third Quarter 2021 Revenue Increase of 43% Year-Over-Year to $141 Million ~

1 year ago - GlobeNewsWire

MarketWise Announces Common Stock Repurchase Program

BALTIMORE, Maryland, Nov. 10, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, a leading multi-brand digital subscription services platf...

1 year ago - GlobeNewsWire

MarketWise Announces $150,000,000 Revolving Credit Facility

BALTIMORE, Maryland, Nov. 01, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, a leading multi-brand digital subscription services platf...

1 year ago - GlobeNewsWire

MarketWise Announces Third Quarter 2021 Financial Results Release Date and Conference Call

BALTIMORE, Nov. 01, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, LLC, a leading multi-brand digital subscription services providing ...

1 year ago - GlobeNewsWire

MarketWise Announces Upcoming Virtual Conference Participation

BALTIMORE, Sept. 01, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), formerly known as Beacon Street Group, LLC, a leading multi-brand digital subscription se...

1 year ago - GlobeNewsWire

MarketWise Reports Financial Results for Second Quarter 2021

~ Second Quarter 2021 Revenue Increase of 71.7% Year-Over-Year ~

1 year ago - GlobeNewsWire

MarketWise Announces Second Quarter 2021 Financial Results Release Date and Conference Call

BALTIMORE, July 29, 2021 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (the “Company”), formerly known as Beacon Street Group, LLC, a leading multi-brand digital subscription services platform t...

1 year ago - GlobeNewsWire