MarketWise, Inc. (MKTW)

NASDAQ: MKTW · IEX Real-Time Price · USD
1.610
-0.030 (-1.83%)
Apr 25, 2024, 4:00 PM EDT - Market closed
-1.83%
Market Cap 63.03M
Revenue (ttm) 448.18M
Net Income (ttm) 1.78M
Shares Out 39.15M
EPS (ttm) 0.05
PE Ratio 32.20
Forward PE 5.82
Dividend $0.04 (2.48%)
Ex-Dividend Date Mar 14, 2024
Volume 90,661
Open 1.600
Previous Close 1.640
Day's Range 1.568 - 1.700
52-Week Range 1.240 - 3.620
Beta 0.48
Analysts Buy
Price Target 3.25 (+101.86%)
Earnings Date May 9, 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 Technology
Founded 1999
Employees 581
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 4 analysts, the average rating for MKTW stock is "Buy." The 12-month stock price forecast is $3.25, which is an increase of 101.86% from the latest price.

Price Target
$3.25
(101.86% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

7 weeks 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...

7 weeks ago - GlobeNewsWire

MarketWise Declares Dividend on Common Stock

BALTIMORE, March 05, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or “the Company”), a leading multi-brand digital subscription services platform that provides premium financ...

7 weeks 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...

2 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...

6 months 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...

6 months 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...

8 months 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...

8 months ago - GlobeNewsWire

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 $...

9 months 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...

9 months 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...

10 months ago - GlobeNewsWire

Coviance and MarketWise Advisors, LLC Release Independent ROI Study

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

10 months ago - Business Wire

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

MarketWise Reports Fourth Quarter and Full Year 2022 Financial Results

~ FY 2022 Revenues of $512.4 Million ~

1 year ago - GlobeNewsWire

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...

1 year 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 year 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...

1 year 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...

1 year ago - GlobeNewsWire

MarketWise Reports Financial Results for Third Quarter 2022

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

1 year 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...

1 year 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 ...

1 year 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 ...

1 year ago - GlobeNewsWire