Lake Street Capital Forecasts The Arena Group Q3 Earnings

The Arena Group Holdings, Inc. (NYSEAMERICAN:PAAI) – Analysts at Lake Street Capital issued their Q3 2026 earnings estimates for The Arena Group in a research report issued on Tuesday, September 29th. Lake Street Capital analyst R. Meyers expects that the company will post earnings per share of ($0.01) for the quarter. Lake Street Capital currently has a “Hold” rating and a $2.00 target price on the stock. The consensus estimate for The Arena Group’s current full-year earnings is ($0.08) per share. Lake Street Capital also issued estimates for The Arena Group’s Q4 2026 earnings at $0.00 EPS, FY2026 earnings at ($0.08) EPS and FY2027 earnings at $0.03 EPS.

Separately, Zacks Research upgraded shares of The Arena Group to a “hold” rating in a report on Monday. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $2.00.

The Arena Group Trading Up 1.0%

NYSEAMERICAN PAAI opened at $1.03 on Tuesday. The company has a fifty day simple moving average of $1.18 and a 200 day simple moving average of $1.44. The company has a market cap of $49.04 million, a P/E ratio of 5.42 and a beta of 0.76. The Arena Group has a 1 year low of $0.82 and a 1 year high of $3.47.

Institutional Trading of The Arena Group

A hedge fund recently bought a new position in The Arena Group stock. BlackRock Inc. purchased a new position in shares of The Arena Group Holdings, Inc. (NYSEAMERICAN:PAAI) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 203,946 shares of the company’s stock, valued at approximately $169,000. BlackRock Inc. owned about 0.43% of The Arena Group as of its most recent SEC filing. 85.55% of the stock is owned by institutional investors and hedge funds.

The Arena Group Company Profile

The Arena Group, formerly known as Maven, is a digital media company that develops, operates and distributes editorial content across sports, lifestyle, entertainment and financial media. Its business has included digital publications, magazines, newsletters, video and other online content designed to reach targeted audiences.

The company has operated a portfolio of brands that has included Sports Illustrated, TheStreet, Parade and other enthusiast-focused media properties. Its activities have included digital advertising, subscriptions, licensing, e-commerce and brand partnerships, with content distributed primarily through websites, mobile platforms, social media and selected print products.

Founded as Maven in 2016, the company changed its name to The Arena Group Holdings, Inc in 2022 following the expansion of its media portfolio.