The Arena Group (AREN) AI Stock Analysis

• Market Cap: $370.98M
• Dividend Yield: N/A
• Average Volume (3M): 295.73K
• Price to Earnings (P/E): 139.3
• Beta (1Y): -0.12
• Revenue Growth: -41.93%
• EPS Growth: N/A
• Country: US
• Employees: 190
• Sector: Communication Services
• Sector Strength: 86
• Industry: Internet Content & Information
• EPS (TTM): 0.08
• Shares Outstanding: 47,560,950
• 10 Day Avg. Volume: 365,178
• 30 Day Avg. Volume: 295,729
• PEG Ratio: 0.55
• Price to Book (P/B): -2.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -25.10
• Enterprise Value/Market Cap: 1.31
• Enterprise Value/Revenue: 0.80
• Enterprise Value/Gross Profit: 7.75
• Enterprise Value/Ebitda: 8.30
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 56 Neutral
• Price Target: $10.00 ▲( 28.21% Upside)

The Arena Group's stock score is primarily impacted by significant financial weaknesses, including high leverage and negative cash flows. While technical indicators suggest bullish momentum and recent corporate events are positive, the fundamental financial challenges and high valuation concerns weigh heavily on the stock's attractiveness.

The Arena Group Business Overview & Revenue Model

Company Description

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. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The Arena Group Holdings, Inc. was incorporated in 1990 and is based in New York, New York.

How the Company Makes Money

The Arena Group makes money primarily through digital advertising, subscriptions, and partnerships. The company's revenue model is centered around selling advertising space on its network of websites and digital properties, where it reaches targeted audiences with tailored content. Additionally, The Arena Group generates revenue through subscription services, offering premium content to engaged users willing to pay for exclusive access. Significant partnerships with brands and other media companies also contribute to its earnings, enabling the company to expand its reach and enhance its content offerings.

The Arena Group Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
128.78M	125.91M	244.20M	220.94M	189.14M	128.03M
	Gross Profit
62.45M	55.72M	101.96M	88.01M	78.16M	24.97M
	EBIT
23.18M	7.87M	-35.80M	-55.63M	-75.28M	-70.91M
	EBITDA
24.37M	16.94M	-9.69M	-29.91M	-55.98M	-47.69M
	Net Income Common Stockholders
6.67M	-100.71M	-55.58M	-67.39M	-89.94M	-89.23M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
8.85M	4.36M	9.28M	13.87M	9.35M	9.03M
	Total Assets
196.99M	116.35M	188.88M	203.72M	173.98M	214.20M
	Total Debt
62.39M	123.69M	131.84M	115.37M	83.26M	90.32M
	Net Debt
53.54M	119.33M	122.56M	101.50M	73.92M	81.28M
	Total Liabilities
216.01M	246.68M	247.71M	255.87M	225.66M	216.10M
	Stockholders Equity
-19.02M	-130.16M	-58.83M	-52.15M	-51.68M	-1.90M
Cash Flow		Free Cash Flow
-14.91M	-16.13M	-28.55M	-17.01M	-19.92M	-37.26M
	Operating Cash Flow
-10.45M	-16.08M	-24.77M	-11.30M	-14.73M	-32.29M
	Investing Cash Flow
-6.08M	-5.17M	-3.21M	-38.59M	-13.15M	-4.93M
	Financing Cash Flow
15.43M	16.33M	22.89M	54.87M	28.19M	37.28M

The Arena Group Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 7.80
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AREN, the sentiment is Positive. The current price of 7.8 is above the 20-day moving average (MA) of 6.58, above the 50-day MA of 3.91, and above the 200-day MA of 1.84, indicating a bullish trend. The MACD of 1.23 indicates Positive momentum. The RSI at 54.72 is Neutral, neither overbought nor oversold. The STOCH value of 39.19 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AREN.

The Arena Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TBLA	74 Outperform	$1.12B	90.81	1.35%	―	16.62%	―
Sector *	60 Neutral	$14.21B	6.47	-3.76%	3.69%	2.48%	-35.46%
MNY	56 Neutral	$30.67M	―	-60.26%	―	345.36%	-650.95%
AREN	56 Neutral	$370.98M	139.29	82.40%	―	-41.93%	―
SCOR	46 Neutral	$23.45M	―	-29.17%	―	-3.17%	13.15%
BZFD	45 Neutral	$78.98M	―	-28.67%	―	-36.56%	72.58%
FENG	41 Neutral	$26.66M	―	-4.89%	―	0.38%	19.52%

The Arena Group Corporate Events

The Arena Group Acquires TravelHost for Expansion

On May 12, 2025, The Arena Group Holdings, Inc. acquired TravelHost, LLC, a company specializing in promoting travel and regional attractions, for $1,000,000. This acquisition, approved by the Audit Committee, includes contracts from Bridge Media Networks, and aims to enhance The Arena Group’s market position in the travel and advertising sectors.

Arena Group Settles with Authentic Brands for $93.9M

On April 28, 2025, The Arena Group Holdings, Inc. announced the resignation of four board members and the appointment of Lynn Petersmarck to its board, who will bring extensive media experience to support the company’s growth initiatives. Additionally, on April 29, 2025, Arena announced a confidential settlement with Authentic Brands Group, resulting in a $93.9 million improvement in its financial position, enhancing its ability to grow rapidly.