From what 0 stock analysts predict, the share price for The Arena Group Holdings, Inc. (AREN) might decrease by 100% in the next year. This is based on a 12-month average estimation for AREN. Price targets go from $ to $. The majority of stock analysts believe AREN is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assigned AREN 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect The Arena Group Holdings, Inc. to perform worse than the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on AREN. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of AREN.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Daniel Day B. Riley Securities | Buy | $11 | Maintains | May 11, 2023 |
Daniel Day B. Riley Securities | Buy | $18 | Maintains | Oct 7, 2022 |
Daniel Day B. Riley Securities | Buy | $19.5 | Maintains | Apr 29, 2022 |
Daniel Day B. Riley Securities | Buy | $17.5 | Maintains | Mar 29, 2022 |
B. Riley Securities | Buy | Initiates | Mar 8, 2022 |
When did it IPO
2022
Staff Count
441
Country
United States
Sector/Industry
Communication Services/Internet Content & Information
CEO
Mr. Cavitt Randall
Market Cap
$72.1M
In 2023, AREN generated $244.2M in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that AREN's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - As of Nov. 18, 2024, three stocks in the communication services sector are signaling caution for momentum-focused investors.
Why It Matters - Warning signals in momentum stocks within the communication services sector could indicate potential declines, prompting investors to reassess risk and strategy in their portfolios.
Summary - The Arena Group Holdings, Inc. (NYSE: AREN) reported a Q3 2024 income increase of over $13.6 million, attributed to its business transformation plan.
Why It Matters - Arena's positive financial swing of over $13.6 million indicates successful business transformation, potentially enhancing investor confidence and stock valuation.
Summary - Arena Group Holdings, Inc. (NYSE: AREN) received a notification from NYSE American on October 2, 2024, indicating non-compliance with minimum stockholders' equity requirements.
Why It Matters - Arena Group's non-compliance with NYSE equity requirements could lead to delisting, impacting stock liquidity and investor confidence, potentially lowering share value.
Summary - Parade magazine features Chris Pine in its latest cover story, discussing his new children's book, personal experiences, and interests, including his car collection.
Why It Matters - Chris Pine's transition from acting to authorship may signal new revenue streams for entertainment brands, affecting investor sentiment towards related media and publishing sectors.
Summary - Athlon Sports has released its first NBA season preview magazine since 2010, featuring LeBron James on the cover and highlighting the league's growth ahead of the 2024-25 season.
Why It Matters - The NBA's growing popularity, highlighted by Athlon Sports' magazine reboot, signals potential revenue increases for related businesses, impacting stock performance for franchises and sponsors.
Summary - The Arena Group Holdings, Inc. (NYSE: AREN) reported a significant reduction of over $40 million in annual costs, leading to a notable narrowing of net losses for Q2 2024.
Why It Matters - The Arena Group's significant cost reductions and narrowed net losses indicate improved financial health, potentially enhancing investor confidence and stock performance.