Stocktoria

Arena Group Holdings, Inc. AREN

NYSE · stock · Cable & Other Pay Television Services · website · IPO 1996-11-21

Arena Group Holdings, Inc. (AREN) earns a Piotroski F-score of 7/9 (strong financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $134.8M at a 92.6% net margin.

Chart by TradingView
66/100
Stocktoria Quality Score · grade B
7/9
Piotroski F — financial health
-6.79
Altman Z″ — distress risk · distress
Dividend yield · no dividend
0.95
Beneish M-score — earnings quality · elevated

Quality score trend · recomputed for each fiscal year

Piotroski F /9
0 2 4 4 4 4 3 3 3 7 2016201720182019202020212022202320242025
Altman Z″
-6.34 -8.06 -4.13 -5.83 -9.70 -11.67 -12.46 -18.16 -6.79 2016201720182019202020212022202320242025

Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.

$1.30 as of 2026-08-01 · -78% 1y
$0.83$5.9052-wk

Beneish M-score: 0.95 — elevated (above the −1.78 line — aggressive-accounting signals worth a closer look) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.

Market cap USD$42M
P / E0.3×
Net margin 5y avg-21.2%
Beta0.91
Employees159

Analyst price target

$6.00 +361.5% vs last
· 1 analysts
target range $6.00 – $6.00

Wall Street analyst consensus — a sentiment gauge, not our scoring.

Revenue trend · last 9y · up

How it ranks in Transportation & Utilities · percentile among 348 companies

Piotroski Fstronger than 94%
Net marginstronger than 99%
Revenue growthstronger than 58%

Percentile vs other Transportation & Utilities companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.

Piotroski F breakdown · 7/9 tests passed

Altman Z″ components · distress zone

ComponentValue
Working capital / assets0.165
Retained earnings / assets-3.148
EBIT / assets0.362
Equity / liabilities-0.041

Sector peers · similar-size Transportation & Utilities companies compare side by side →

TickerCompanyPiotroski FAltman Z″P / ERevenue growth
ARENArena Group Holdings, Inc.7/9-6.790.3+7.1%
ADEAAdeia Inc.8/93.7430.6+17.9%
GLIBALiberty Capital Corp/NV5/90.61+3%
CABOCable One, Inc.3/90.36-4.9%
AMCXAMC Global Media Inc.6/93.255-4.5%
LILALiberty Latin America Ltd.5/9-0.83-0.1%
ROKUROKU, INC6/93.67227.3+15.2%

All Transportation & Utilities companies →

About Arena Group Holdings, Inc.

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.

FAQ

Is AREN financially healthy?

Arena Group Holdings, Inc.'s Piotroski F-score is 7/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.

Does AREN pay a dividend?

No, Arena Group Holdings, Inc. does not currently pay a dividend.

How profitable is AREN?

In FY2025, Arena Group Holdings, Inc. had a net margin of 92.6%.

What is AREN's P/E ratio?

Arena Group Holdings, Inc.'s trailing price-to-earnings (P/E) ratio is about 0.3×, based on its latest annual earnings.

What is the analyst price target for AREN?

The average Wall-Street price target for Arena Group Holdings, Inc. is $6.00, about 361.5% above the recent price, from 1 analysts.

Is AREN a good stock to buy?

Stocktoria doesn't give buy or sell advice, but here is the data on Arena Group Holdings, Inc.: a Piotroski F-score of 7/9, an Altman Z″ in the distress zone, a P/E of about 0.3×. Weigh these quality and valuation signals against your own goals.

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.