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Arena Group Holdings Inc (AREN)


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Upturn Advisory Summary
10/22/2025: AREN (1-star) is currently NOT-A-BUY. Pass it for now.
1 Year Target Price $12
1 Year Target Price $12
1 | Strong Buy |
0 | Buy |
0 | Hold |
0 | Sell |
0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 52% | Avg. Invested days 44 | Today’s Advisory PASS |
Upturn Star Rating ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size Small-Cap Stock | Market Capitalization 210.27M USD | Price to earnings Ratio 5.34 | 1Y Target Price 12 |
Price to earnings Ratio 5.34 | 1Y Target Price 12 | ||
Volume (30-day avg) 1 | Beta 0.85 | 52 Weeks Range 0.56 - 10.05 | Updated Date 10/22/2025 |
52 Weeks Range 0.56 - 10.05 | Updated Date 10/22/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) 0.83 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 84.23% | Operating Margin (TTM) 36.46% |
Management Effectiveness
Return on Assets (TTM) 21.86% | Return on Equity (TTM) - |
Valuation
Trailing PE 5.34 | Forward PE - | Enterprise Value 338455225 | Price to Sales(TTM) 1.43 |
Enterprise Value 338455225 | Price to Sales(TTM) 1.43 | ||
Enterprise Value to Revenue 2.31 | Enterprise Value to EBITDA 6.67 | Shares Outstanding 47465749 | Shares Floating 12023549 |
Shares Outstanding 47465749 | Shares Floating 12023549 | ||
Percent Insiders 78.71 | Percent Institutions 9.74 |
Upturn AI SWOT
Arena Group Holdings Inc
Company Overview
History and Background
Arena Group Holdings Inc., formerly known as TheMaven, Inc., was founded in 2016. It operates as a technology platform and media company, focusing on creating and distributing content through various digital channels. They rebranded to Arena Group in 2021 to better reflect their focus on building a media ecosystem. Key milestones include acquisitions of various media brands and the development of its proprietary publishing platform.
Core Business Areas
- Media: Owns and operates a diverse portfolio of media brands across sports, finance, lifestyle, and entertainment. They generate revenue through advertising, subscriptions, and licensing.
- Platform Technology: Provides a technology platform that supports content creation, distribution, and monetization for its owned and partner sites.
Leadership and Structure
The leadership team includes Ross Levinsohn (CEO). The organizational structure involves separate divisions for media brands and platform technology, with centralized functions for finance, technology, and marketing.
Top Products and Market Share
Key Offerings
- Sports Illustrated: A well-known sports media brand generating revenue through advertising and subscriptions. Competitors include ESPN (DIS), Bleacher Report (WBD), and CBS Sports (PARA).
- TheStreet: A financial news and investment analysis website that makes money from advertising and subscriptions. Competitors include Bloomberg, Reuters, and CNBC (CMCSA).
- HubPages: HubPages is a network of sites where you can share your advice, reviews, tips, stories, and more - all totally free. Monetization comes from advertising and affiliate marketing, with competition like Medium and Blogger
Market Dynamics
Industry Overview
The media industry is undergoing rapid digital transformation, with increasing competition for audience attention and advertising revenue. Consolidation and the rise of digital platforms are key trends.
Positioning
Arena Group positions itself as a platform that empowers content creators and provides a diverse portfolio of media brands. Their competitive advantage lies in their proprietary technology platform and brand portfolio.
Total Addressable Market (TAM)
The global digital media market is estimated to be worth hundreds of billions of dollars. Arena Group is positioned to capture a portion of this TAM through its diversified media brands and technology platform. They are a smaller player in a very large TAM.
Upturn SWOT Analysis
Strengths
- Diversified portfolio of media brands
- Proprietary technology platform
- Experienced leadership team
- Strong brand recognition for certain properties (e.g., Sports Illustrated)
Weaknesses
- Relatively small market capitalization
- Dependence on advertising revenue
- Intense competition
- History of financial losses
Opportunities
- Further acquisitions of complementary media brands
- Expansion of subscription services
- Growth in programmatic advertising
- Partnerships with other media companies
Threats
- Decline in advertising revenue
- Increased competition from larger media companies
- Changes in consumer media consumption habits
- Economic downturn
Competitors and Market Share
Key Competitors
- GCI
- DIS
- WBD
- NYT
- NWSA
Competitive Landscape
Arena Group faces intense competition from larger, more established media companies. Their advantages include a diversified portfolio and proprietary technology platform, but they are smaller and have fewer resources than their competitors. Google (GCI) and Meta (META) also dominate the digital advertising space.
Major Acquisitions
Athlon Media Group
- Year: 2020
- Acquisition Price (USD millions): 15
- Strategic Rationale: Expanded the company's sports media portfolio.
Sports Illustrated
- Year: 2019
- Acquisition Price (USD millions): 45
- Strategic Rationale: Acquisition included exclusive rights to publish and monetize Sports Illustrated content, greatly strengthening the company's market position and influence in the sports media sector.
Growth Trajectory and Initiatives
Historical Growth: Growth has been driven by acquisitions and organic growth in digital advertising revenue.
Future Projections: Future growth is expected to come from further acquisitions, expansion of subscription services, and growth in programmatic advertising.
Recent Initiatives: Recent initiatives include the launch of new subscription products and the acquisition of additional media brands.
Summary
Arena Group is a media and technology company with a diversified portfolio, facing strong competition. Their technology platform and brand acquisitions offer growth potential, but dependence on advertising revenue and smaller size compared to competitors pose challenges. Future success depends on effective execution of their growth strategy and navigating the evolving media landscape. The company must strategically leverage its core strengths to capitalize on existing media brands.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company filings
- Industry reports
- Analyst estimates
Disclaimers:
The information provided is for informational purposes only and should not be considered financial advice. Market share data is estimated and may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Arena Group Holdings Inc
Exchange NYSE MKT | Headquaters New York, NY, United States | ||
IPO Launch date 2007-07-13 | CEO - | ||
Sector Communication Services | Industry Internet Content & Information | Full time employees 190 | Website https://www.thearenagroup.net |
Full time employees 190 | Website https://www.thearenagroup.net |
The Arena Group Holdings, Inc., together with its subsidiaries, operates digital media platform in 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 also offers content from individual creators to the HubPages network of premium content channels, such as PetHelpful, dengarden and Fashionista for writers, explorers, knowledge seekers, and conversation starters to connect in an interactive and informative online space under the HubPages brand. In addition, it owns and operates brands, including TheStreet, a financial news and information provider to investors and institutions, and produces business news and market analysis for individual investors; The Spun, an online independent sports publication; Autoblog, an automotive website; Parade which provides entertainment and lifestyle content to readers; and Men's Journal that offers content to foster the aspirational spirit of its readers through coverage of gear, travel, health and fitness, food and drink, style, grooming, and entertainment. The company was formerly known as TheMaven, Inc. and changed its name to The Arena Group Holdings, Inc. in February 2022. The company is based in New York, New York. The Arena Group Holdings, Inc. operates as a subsidiary of Simplify Inventions, LLC.

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