The Arena Group Holdings, Inc. (AREN)Communication Services | Internet Content & Information | New York, United States | NYSE American
1.12 USD
+0.18
(19.149%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 1.13 +0.01 (0.893%) ⇧ (Aug. 28, 2026, 7:59 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 4:28 a.m. EDT
The investment case for this stock is fundamentally broken despite a recent price rebound. While the company posted a profitable quarter, the underlying business is deteriorating rapidly, evidenced by a massive 50.7% contraction in revenue and a forward P/E of 30 that implies analysts expect earnings to collapse to a fraction of current levels. The balance sheet is precarious with negative book value and debt nearly ten times the cash on hand. The recent price surge from $0.92 to $1.57 appears to be a speculative bounce off the lows rather than a reversal of the multi-year downtrend, which saw the stock lose over 78% of its value in the prior year. Crucially, the options market confirms this pessimism; traders are aggressively buying puts, betting on further weakness, while call activity is negligible. With no dividend to provide income and a statistical forecast model indicating a likely 6% drop over the next month, the risk-reward profile remains heavily skewed against the buyer. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.224165 |
| AutoETS | 0.255013 |
| AutoARIMA | 0.259217 |
| MSTL | 0.262458 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 27% |
| H-stat | 1.93 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.020 |
| Excess Kurtosis | 0.51 |
| Attribute | Value |
|---|---|
| Sector | Communication Services |
| Ex Dividend Date | 2019-08-05 |
| Revenue per Share | 2.117 |
| Market Cap | 53,323,932 |
| Trailing P/E | 5.89 |
| Forward P/E | 37.33 |
| Beta | 0.97 |
| Profit Margins | 9.31% |
| Previous Name | TheMaven, Inc. |
| Website | https://www.thearenagroup.net |
As of Aug. 22, 2026, 4:28 a.m. EDT: Speculators are overwhelmingly positioned for downside protection rather than upside speculation. Put volume and open interest significantly exceed call activity across all expirations, with the ATM put strike showing notably higher implied volatility (29.63%) compared to the ATM call (16.75%). This heavy skew suggests the market is pricing in a high probability of further decline, while call buyers are scarce and mostly targeting distant strikes.
| Attribute | Value |
|---|---|
| 52 Week Change | -0.8430718 |
| Address1 | 200 Vesey Street |
| Address2 | 24th Floor |
| All Time High | 66.0 |
| All Time Low | 0.22 |
| Ask | 1.19 |
| Ask Size | 1,800 |
| Audit Risk | 10 |
| Average Daily Volume10 Day | 53,400 |
| Average Daily Volume3 Month | 129,080 |
| Average Volume | 129,080 |
| Average Volume10Days | 53,400 |
| Beta | 0.974 |
| Bid | 1.1 |
| Bid Size | 5,300 |
| Board Risk | 4 |
| Book Value | -0.159 |
| City | New York |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Compensation Risk | 7 |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.12 |
| Current Ratio | 2.375 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 1.37 |
| Day Low | 1.0 |
| Display Name | The Arena |
| Earnings Call Timestamp End | 1,786,392,000 |
| Earnings Call Timestamp Start | 1,786,392,000 |
| Earnings Timestamp | 1,786,392,000 |
| Earnings Timestamp End | 1,794,254,400 |
| Earnings Timestamp Start | 1,794,254,400 |
| Ebitda | 22,492,000 |
| Ebitda Margins | 0.2236 |
| Enterprise To Ebitda | 6.315 |
| Enterprise To Revenue | 1.412 |
| Enterprise Value | 142,036,928 |
| Eps Current Year | -0.08 |
| Eps Forward | 0.03 |
| Eps Trailing Twelve Months | 0.19 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,565,049,600 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.099 |
| Fifty Day Average Change | 0.021000028 |
| Fifty Day Average Change Percent | 0.019108307 |
| Fifty Two Week Change Percent | -84.30718 |
| Fifty Two Week High | 7.13 |
| Fifty Two Week High Change | -6.01 |
| Fifty Two Week High Change Percent | -0.84291726 |
| Fifty Two Week Low | 0.81 |
| Fifty Two Week Low Change | 0.31 |
| Fifty Two Week Low Change Percent | 0.38271606 |
| Fifty Two Week Range | 0.81 - 7.13 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,201,617,000,000 |
| Float Shares | 13,144,349 |
| Forward Eps | 0.03 |
| Forward P E | 37.333336 |
| Free Cashflow | 15,358,125 |
| Full Exchange Name | NYSE American |
| Full Time Employees | 159 |
| Fullday Change | 0.18 |
| Fullday Change Percent | 19.1489 |
| Fullday Price | 1.13 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Governance Epoch Date | 1,785,542,400 |
| Gross Margins | 0.42742002 |
| Gross Profits | 42,994,000 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.72392 |
| Held Percent Institutions | 0.07863 |
| Implied Shares Outstanding | 47,610,653 |
| Industry | Internet Content & Information |
| Industry Disp | Internet Content & Information |
| Industry Key | internet-content-information |
| Ir Website | http://www.robodoc.com |
| Is Earnings Date Estimate | 0 |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,644,364,800 |
| Last Split Factor | 1:22 |
| Long Business Summary | 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 that provides tools and services to produce and manage editorially content; audiences bespoke content with optimized design and page construction services; and tools and services for subscription or membership based business and other monetization services, as well as developed proprietary advertising technology, techniques, and relationships to monetize editorially focused online content through various display and video advertisements. It owns and operates brands, such as Athlon Sports, The Spun, Lindy's Sports, Men's Journal, Men's Fitness, Adventure Network, TheStreet, Autoblog, Parade, PetHelpful, Parade Pets, TravelHost, DenGarden, Parade Home & Garden. 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. |
| Long Name | The Arena Group Holdings, Inc. |
| Market | us_market |
| Market Cap | 53,323,932 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_405022367 |
| Most Recent Quarter | 1,782,777,600 |
| Name Change Date | 2,026-08-28 |
| Net Income To Common | 9,365,000 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 44,754,013 |
| Number Of Analyst Opinions | 1 |
| Open | 0.91 |
| Operating Cashflow | 27,327,000 |
| Operating Margins | 0.10278 |
| Overall Risk | 7 |
| Payout Ratio | 0.0 |
| Peg Ratio | 1.14 |
| Phone | 212 321 5002 |
| Post Market Change | 0.00999999 |
| Post Market Change Percent | 0.8928563 |
| Post Market Price | 1.13 |
| Post Market Time | 1,787,961,596 |
| Prev Name | TheMaven, Inc. |
| Previous Close | 0.94 |
| Price Eps Current Year | -14.0 |
| Price Hint | 4 |
| Price To Book | -7.0440254 |
| Price To Sales Trailing12 Months | 0.5301117 |
| Profit Margins | 0.093100004 |
| Quick Ratio | 2.172 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.18 |
| Regular Market Change Percent | 19.1489 |
| Regular Market Day High | 1.37 |
| Regular Market Day Low | 1.0 |
| Regular Market Day Range | 1.0 - 1.37 |
| Regular Market Open | 0.91 |
| Regular Market Previous Close | 0.94 |
| Regular Market Price | 1.12 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 16,481,235 |
| Return On Assets | 0.1015 |
| Revenue Growth | -0.507 |
| Revenue Per Share | 2.117 |
| Sand P52 Week Change | 0.20504117 |
| Sector | Communication Services |
| Sector Disp | Communication Services |
| Sector Key | communication-services |
| Share Holder Rights Risk | 6 |
| Shares Outstanding | 47,610,653 |
| Shares Percent Shares Out | 0.0084 |
| Shares Short | 402,129 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 436,938 |
| Short Name | The Arena Group Holdings, Inc. |
| Short Percent Of Float | 0.0306 |
| Short Ratio | 3.34 |
| Source Interval | 15 |
| State | NY |
| Symbol | AREN |
| Target High Price | 2.0 |
| Target Low Price | 2.0 |
| Target Mean Price | 2.0 |
| Target Median Price | 2.0 |
| Total Cash | 11,170,000 |
| Total Cash Per Share | 0.235 |
| Total Debt | 99,883,000 |
| Total Revenue | 100,590,000 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | 0.19 |
| Trailing P E | 5.894737 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.5211 |
| Two Hundred Day Average Change | -1.4011 |
| Two Hundred Day Average Change Percent | -0.5557495 |
| Type Disp | Equity |
| Volume | 16,481,235 |
| Website | https://www.thearenagroup.net |
| Zip | 10,281 |