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Arena Group Holdings, Inc. (AREN) Stock Fundamental Analysis & AI Rating 2026

AREN NYSE Cable & Other Pay Television Services DE CIK: 0000894871
Updated This Month • Analysis: Mar 20, 2026 • SEC Data: 2025-12-31
Combined AI Rating
SELL
80% Confidence
AGREEMENT
SELL
85% Conf
HOLD
74% Conf

📊 AREN Key Takeaways

Revenue: $134.8M
Net Margin: 92.6%
Free Cash Flow: $39.2M
Current Ratio: 2.10x
Debt/Equity: N/A
EPS: $2.62
AI Rating: SELL with 85% confidence
Arena Group Holdings, Inc. (AREN) receives a SELL rating with 80% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $134.8M, net profit margin of 92.6%, Arena Group Holdings, Inc. demonstrates mixed fundamentals in the Telecom sector. Below is our complete AREN stock analysis for 2026.

Is Arena Group Holdings, Inc. (AREN) a Good Investment?

Claude

While Arena Group demonstrates exceptional profitability metrics with a 92.6% net margin and strong operating cash flow of $39.2M, the company faces critical financial distress with negative stockholders' equity of -$4.8M and liabilities exceeding assets by $4.8M. The massive 698% revenue growth appears driven by non-operational factors rather than sustainable business growth, as evidenced by the disproportionate net income surge that exceeds revenue growth by 4x.

ChatGPT

Arena Group shows a sharp reported improvement in revenue, operating profit, net income, and operating cash flow, indicating materially better near-term fundamentals than the prior year. However, the combination of negative equity, heavy long-term debt, and an unusually high net margin suggests the latest results may include non-recurring or balance-sheet-driven effects, so the quality and durability of earnings need confirmation. Fundamentally, this looks improved but still financially fragile.

Why Buy Arena Group Holdings, Inc. Stock? AREN Key Strengths

Claude
  • + Exceptional net profit margin of 92.6% indicates strong pricing power or cost structure
  • + Robust operating cash flow of $39.2M with 29.1% FCF margin demonstrates cash generation capability
  • + Current ratio of 2.10x provides adequate short-term liquidity to meet obligations
  • + Strong interest coverage ratio of 3.6x suggests near-term debt service capability
ChatGPT
  • + Revenue grew 698.2% YoY, showing a major scale-up in the business
  • + Operating margin of 30.3% and gross margin of 50.7% indicate strong reported profitability
  • + Operating cash flow and free cash flow of $39.25M provide meaningful internal liquidity support

AREN Stock Risks: Arena Group Holdings, Inc. Investment Risks

Claude
  • ! Negative stockholders' equity of -$4.8M indicates technical insolvency and balance sheet deterioration
  • ! Total liabilities exceed total assets, creating structural financial distress and limiting operational flexibility
  • ! Revenue growth of 698% paired with net income growth of 224% suggests non-recurring or one-time gains rather than organic business expansion
  • ! High long-term debt of $97.6M (86.6% of total assets) creates refinancing risk in deteriorating credit environment
  • ! Zero capital expenditure despite $39.2M operating cash flow raises sustainability concerns for a cable television business requiring ongoing infrastructure investment
ChatGPT
  • ! Stockholders' equity is negative at -$4.83M, signaling a weak capital structure
  • ! Long-term debt of $97.58M is high relative to assets and interest coverage is only 3.6x
  • ! Net margin of 92.6% is unusually high and may reflect one-time gains rather than sustainable earnings power

Key Metrics to Watch

Claude
  • * Stockholders' equity trend - monitor for continued deterioration or recovery toward positive territory
  • * Operating cash flow sustainability - verify if $39.2M level is maintainable or driven by one-time items
  • * Debt reduction progress - critical to assess whether company can eliminate negative equity through deleveraging
  • * Revenue quality and recurring revenue - confirm if 698% growth is sustainable or temporary
ChatGPT
  • * Sustainability of operating income and net income without one-off items
  • * Debt reduction, interest coverage, and improvement in stockholders' equity

Arena Group Holdings, Inc. (AREN) Financial Metrics & Key Ratios

Revenue
$134.8M
Net Income
$124.9M
EPS (Diluted)
$2.62
Free Cash Flow
$39.2M
Total Assets
$112.6M
Cash Position
$10.3M

💡 AI Analyst Insight

The 29.1% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 2.10x current ratio provides a solid financial cushion.

AREN Profit Margin, ROE & Profitability Analysis

Gross Margin 50.7%
Operating Margin 30.3%
Net Margin 92.6%
ROE N/A
ROA 110.9%
FCF Margin 29.1%

AREN vs Telecom Sector: How Arena Group Holdings, Inc. Compares

How Arena Group Holdings, Inc. compares to Telecom sector averages

Net Margin
AREN 92.6%
vs
Sector Avg 14.0%
AREN Sector
ROE
AREN 0.0%
vs
Sector Avg 15.0%
AREN Sector
Current Ratio
AREN 2.1x
vs
Sector Avg 1.0x
AREN Sector
Debt/Equity
AREN 0.0x
vs
Sector Avg 1.2x
AREN Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Arena Group Holdings, Inc. Stock Overvalued? AREN Valuation Analysis 2026

Based on fundamental analysis, Arena Group Holdings, Inc. has mixed fundamental signals relative to the Telecom sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
92.6%
Sector avg: 14%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 1.2x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Arena Group Holdings, Inc. Balance Sheet: AREN Debt, Cash & Liquidity

Current Ratio
2.10x
Quick Ratio
2.10x
Debt/Equity
N/A
Debt/Assets
104.3%
Interest Coverage
3.59x
Long-term Debt
$97.6M

AREN Revenue & Earnings Growth: 5-Year Financial Trend

AREN 5-year financial data: Year 2021: Revenue $189.1M, Net Income -$89.2M, EPS N/A. Year 2022: Revenue $220.9M, Net Income -$89.9M, EPS N/A. Year 2023: Revenue $244.2M, Net Income -$70.9M, EPS $-4.02. Year 2024: Revenue $143.6M, Net Income -$55.6M, EPS $-2.49. Year 2025: Revenue $134.8M, Net Income -$100.7M, EPS $-2.85.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Arena Group Holdings, Inc.'s revenue has declined by 29% over the 5-year period, indicating business contraction. The most recent EPS of $-2.85 indicates the company is currently unprofitable.

AREN Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
29.1%
Free cash flow / Revenue

AREN Quarterly Earnings & Performance

Quarterly financial performance data for Arena Group Holdings, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $29.8M $4.0M $0.11
Q2 2025 $27.2M -$8.2M $-0.28
Q1 2025 $28.9M $4.0M $0.08
Q3 2024 $33.6M $4.0M $0.11
Q2 2024 $27.2M -$8.2M $-0.28
Q1 2024 $28.4M -$19.4M $-1.04
Q3 2023 $57.3M -$11.2M $-0.48
Q2 2023 $53.8M -$19.5M $-0.88

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Arena Group Holdings, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$39.2M
Cash generated from operations
Dividends
None
No dividend program

AREN SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Arena Group Holdings, Inc. (CIK: 0000894871)

📋 Recent SEC Filings

Date Form Document Action
Mar 17, 2026 8-K form8-k.htm View →
Mar 16, 2026 8-K form8-k.htm View →
Mar 16, 2026 10-K aren-20251231.htm View →
Jan 7, 2026 8-K form8-k.htm View →
Dec 18, 2025 8-K form8-k.htm View →

Frequently Asked Questions about AREN

What is the AI rating for AREN?

Arena Group Holdings, Inc. (AREN) has a Combined AI Rating of SELL from Claude (SELL) and ChatGPT (HOLD) with 80% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are AREN's key strengths?

Claude: Exceptional net profit margin of 92.6% indicates strong pricing power or cost structure. Robust operating cash flow of $39.2M with 29.1% FCF margin demonstrates cash generation capability. ChatGPT: Revenue grew 698.2% YoY, showing a major scale-up in the business. Operating margin of 30.3% and gross margin of 50.7% indicate strong reported profitability.

What are the risks of investing in AREN?

Claude: Negative stockholders' equity of -$4.8M indicates technical insolvency and balance sheet deterioration. Total liabilities exceed total assets, creating structural financial distress and limiting operational flexibility. ChatGPT: Stockholders' equity is negative at -$4.83M, signaling a weak capital structure. Long-term debt of $97.58M is high relative to assets and interest coverage is only 3.6x.

What is AREN's revenue and growth?

Arena Group Holdings, Inc. reported revenue of $134.8M.

Does AREN pay dividends?

Arena Group Holdings, Inc. does not currently pay dividends.

Where can I find AREN SEC filings?

Official SEC filings for Arena Group Holdings, Inc. (CIK: 0000894871) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is AREN's EPS?

Arena Group Holdings, Inc. has a diluted EPS of $2.62.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is AREN a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Arena Group Holdings, Inc. has a SELL rating with 80% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is AREN stock overvalued or undervalued?

Valuation metrics for AREN: ROE of N/A (sector avg: 15%), net margin of 92.6% (sector avg: 14%). Compare these metrics with sector averages to assess valuation.

Should I buy AREN stock in 2026?

Our dual AI analysis gives Arena Group Holdings, Inc. a combined SELL rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is AREN's free cash flow?

Arena Group Holdings, Inc.'s operating cash flow is $39.2M, with capital expenditures of $0.0. FCF margin is 29.1%.

How does AREN compare to other Telecom stocks?

Vs Telecom sector averages: Net margin 92.6% (avg: 14%), ROE N/A (avg: 15%), current ratio 2.10 (avg: 1).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Mar 20, 2026 | Data as of: 2025-12-31 | Powered by Claude AI