The Arena Group Holdings, Inc. (AREN)

NYSEAMERICAN: AREN · IEX Real-Time Price · USD
2.38
+0.11 (4.85%)
Dec 29, 2023, 4:00 PM EST - Market closed
4.85%
Market Cap 56.73M
Revenue (ttm) 214.52M
Net Income (ttm) -63.72M
Shares Out 23.83M
EPS (ttm) -3.12
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 15,917
Open 2.33
Previous Close 2.27
Day's Range 2.31 - 2.44
52-Week Range 1.76 - 11.18
Beta -0.00
Analysts Strong Buy
Price Target 11.00 (+362.19%)
Earnings Date Nov 14, 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. It operates the media businesses for Sports Illustrated brand; and owns and operates TheStreet, The Spun, Parade, and Men's Journal brands. The company was formerl... [Read more]

Founded 2016
Employees 391
Stock Exchange NYSEAMERICAN
Ticker Symbol AREN
Full Company Profile

Financial Performance

In 2022, AREN's revenue was $220.94 million, an increase of 16.81% compared to the previous year's $189.14 million. Losses were -$70.86 million, -21.22% less than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for AREN stock is "Strong Buy" and the 12-month stock price forecast is $11.0.

Price Target
$11.0
(362.19% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Arena Group, parent of Sports Illustrated, fires CEO Ross Levinsohn

Arena Group Holdings AREN, -7.75%, whose brands include Sports Illustrated and TheStreet, said it terminated the employment of Chief Executive Ross Levinsohn, and named Manoj Bhargava as interim CEO, ...

20 days ago - Market Watch

The Arena Group Announces Termination Of CEO Ross Levinsohn, Appoints Manoj Bhargava As Interim CEO

NEW YORK--(BUSINESS WIRE)--Today, the board of directors of The Arena Group Holdings, Inc. (NYSE American: AREN) met and took actions to improve the operational efficiency and revenue of the company. ...

20 days ago - Business Wire

The Arena Group Reports Third Quarter 2023 Financial Results; Advances Bridge Media Acquisition

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 320 b...

6 weeks ago - Business Wire

The Arena Group to Host Third Quarter 2023 Financial Results Conference Call on Tuesday, November 14

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Spo...

7 weeks ago - Business Wire

The Arena Group Signs Definitive Agreement to Combine with Bridge Media Networks

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 b...

7 weeks ago - Business Wire

The Arena Group Names Katie Kulik as Chief Revenue Officer to Drive Growth and Innovation

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) , a technology platform and media company and home to more than 265 brands, including Sports Illustrated, TheStreet, Par...

2 months ago - Business Wire

POWDER Magazine Returns With Special Print Edition; 2023-24 Photo Annual Issue Now Available

NEW YORK--(BUSINESS WIRE)--Today, The Arena Group announced the return of a special edition print version of POWDER Magazine celebrating the timeless allure of snow sports and mountain culture. Since ...

2 months ago - Business Wire

The Arena Group Launches ‘Arena Creator Network:' A Creator-Led Cultural Content Hub Powered by Iconic Brands for Unmatched Social Branded Opportunities

NEW YORK--(BUSINESS WIRE)--The Arena Group, a technology platform and media company home to Sports Illustrated, Parade, TheStreet, Men's Journal, and over 265 other brands, has launched the ‘Arena Cre...

4 months ago - Business Wire

The Arena Group to Participate in Lake Street Capital Markets' Annual Best Ideas Growth Conference on September 14

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN), a technology platform and media company home to more than 265 brands, including Sports Illustrated, TheStreet, Parade M...

4 months ago - Business Wire

ARENA GROUP HOLDINGS INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates The Arena Group Holdings, Inc. - AREN

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of The Arena Grou...

4 months ago - Business Wire

The Arena Group Names Grady Tripp as Senior Vice President of People

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 brands, including Sp...

4 months ago - Business Wire

AREN Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of The Arena Group Holdings, Inc. Is Fair to Shareholders

NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of The Arena Group Holdings, Inc. (NYSE: AREN) and Bridge Media Networks is fair to Arena ...

4 months ago - Business Wire

The Arena Group Signs Binding LOI to Combine with Bridge Media Networks, Creating Diversified Media Leader

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 b...

4 months ago - Business Wire

The Arena Group Reports Second Quarter 2023 Financial Results; Announces Strategic Expansion and a Three-Year Extension of its Debt Facility

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 b...

4 months ago - Business Wire

The Arena Group to Host Second Quarter 2023 Financial Results Conference Call on Monday, August 14

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Spo...

5 months ago - Business Wire

‘Club Random With Bill Maher' Podcast Announces Partnership With The Arena Group

LOS ANGELES--(BUSINESS WIRE)--The ‘Club Random with Bill Maher' podcast, one of the most popular podcasts in the world, announced today its new partnership with The Arena Group, a technology platform ...

7 months ago - Business Wire

The Arena Group Reports First Quarter 2023 Financial Results

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (“we,” “us,” “our,” the “Company” or “The Arena Group”), a technology platform and media company home to more than 265 b...

8 months ago - Business Wire

The Arena Group to Host First Quarter 2023 Financial Results Conference Call on Wednesday, May 10

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a technology and media company that transforms more than 265 brands, including Spo...

8 months ago - Business Wire

The Arena Group Announces the Pricing of $11.5 Million Registered Direct Equity Offering to Existing Shareholders

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 265 brands, including Sports Illust...

9 months ago - Business Wire

The Arena Group Reports Full Year 2022 Revenue of $221 Million Driven by a Nearly 74% Year Over Year Increase in Digital Advertising Revenue

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 265 brands, including Sports Illust...

10 months ago - Business Wire

Esports Illustrated: A New Digital Destination for Gamers Launches, Powered By The Arena Group

NEW YORK--(BUSINESS WIRE)--The Arena Group (NYSE American: AREN) and Gaud-Hammer Gaming Group today announced the launch of Esports Illustrated, a new media platform dedicated to providing exclusive, ...

10 months ago - Business Wire

The Arena Group Announces Four New Sports Properties Will Launch on the Platform

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) and its sports media vertical, Sports Illustrated Media Group, today announced that it is partnering with four propertie...

10 months ago - Business Wire

The Arena Group Announces Strategic Partnerships With Artificial Intelligence Firms

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN), (the “Company” or “The Arena Group”) today announced strategic development partnerships with two Artificial Intellige...

11 months ago - Business Wire

The Arena Group Announces Preliminary and Unaudited Full Year 2022 Results Exceeding Guidance; Reaffirms 2023 Outlook

NEW YORK--(BUSINESS WIRE)--The Arena Group Holdings, Inc. (NYSE American: AREN) (the “Company” or “The Arena Group”), a tech-powered media company home to more than 250 brands, including Sports Illu...

11 months ago - Business Wire

The Arena Group Acquires Fexy Studios Expanding Video Production and Distribution

NEW YORK--(BUSINESS WIRE)--Today, The Arena Group Holdings, Inc. (NYSE American: AREN), (the “Company” or “The Arena Group”) announced that it has acquired Fexy Studios, an award-winning creative ag...

1 year ago - Business Wire