UBS Downgrades Marketwise to Neutral, Raises Price Target to $3.5
$MKTW
Computer Software: Prepackaged Software
Technology
UBS analyst Alex Kramm downgrades Marketwise (NASDAQ:MKTW) from Buy to Neutral and raises the price target from $3 to $3.5.
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/1/2023 | $3.00 → $3.50 | Buy → Neutral | UBS |
| 3/25/2022 | Outperform → Mkt Perform | Raymond James | |
| 3/11/2022 | $11.00 → $6.00 | Outperform → Neutral | Wedbush |
| 3/11/2022 | $16.00 → $14.00 | Market Outperform | JMP Securities |
| 3/11/2022 | $11.00 → $7.00 | Buy | Needham |
| 3/11/2022 | $11.00 → $5.50 | Outperform | Raymond James |
| 11/12/2021 | $15.00 → $11.00 | Outperform | Raymond James |
| 9/17/2021 | $13.00 | Buy | Needham |
4 - MARKETWISE, INC. (0001805651) (Issuer)
4 - MARKETWISE, INC. (0001805651) (Issuer)
4 - MARKETWISE, INC. (0001805651) (Issuer)
BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or "the Company"), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of $0.01 per share on November 1, 2024. A comparable distribution of $0.01 per unit has also been approved to holders of MarketWise, LLC units. The dividend and distribution will be paid on December 26, 2024. The Record Date is November 25, 2024. About MarketWiseFounded with a mission to level the playing fi
BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or the "Company"), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for third quarter 2024. Third Quarter 2024 Highlights(1) Paid Subscribers were 592 thousand as of September 30, 2024 compared with 774 thousand as of September 30, 2023Total Net Revenue was $97.2 million in third quarter 2024 compared with $106.2 million in third quarter 2023Total Billings was $48.9 million in third quarter 2024 compared with $95.5 million in third quarter 2023Net Inc
BALTIMORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or the "Company"), a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, today announced that it plans to release its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. In addition to the required SEC filings, the Company will also be providing an earnings press release which will contain supplemental information. The Company does not hold analyst conference calls; however, investors may submit written questions to MarketWise at [email protected]. Interest
BALTIMORE, July 06, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or "the Company"), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that Erik Mickels has been appointed Chief Financial Officer of the Company, effective August 15, 2023. Prior to joining MarketWise, Mr. Mickels served since 2016 as the Group Chief Financial Officer and Senior Vice President of Trilogy International Partners, Inc. (TSXV:TRL) ("Trilogy"), a member of the TSX Venture Exchange. During his tenure at Trilogy, Mr. Mickels served as Vice President of Finance a
BALTIMORE, Feb. 15, 2023 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or "the Company"), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that Amber Lee Mason has been appointed Chief Executive Officer of the Company and a member of the board of directors, effective immediately. Dr. Stephen Sjuggerud has stepped down from his current role as Interim Chief Executive Officer. Throughout her career with MarketWise, Ms. Mason has been responsible for designing and implementing strategy, managing revenue, and overseeing operations across the Comp
BALTIMORE, MD, Nov. 23, 2022 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or the "Company"), a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, today announced that Mark Arnold has resigned as Chairman of the Board of Directors and Chief Executive Officer of MarketWise, and as a director of MarketWise. The Board has accepted his resignation and named Dr. Stephen Sjuggerud, a current director and two-decade veteran at MarketWise, interim Chief Executive Officer. These changes are effective immediately. Dr. Sjuggerud commented, "Since joining the Company in 2013
4 - MARKETWISE, INC. (0001805651) (Issuer)
4 - MARKETWISE, INC. (0001805651) (Issuer)
4 - MARKETWISE, INC. (0001805651) (Issuer)
UBS downgraded MarketWise from Buy to Neutral and set a new price target of $3.50 from $3.00 previously
Raymond James downgraded MarketWise from Outperform to Mkt Perform
Wedbush downgraded Marketwise from Outperform to Neutral and set a new price target of $6.00 from $11.00 previously
BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or "the Company"), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today announced that its Board of Directors declared a quarterly cash dividend to holders of Class A common stock of $0.01 per share on November 1, 2024. A comparable distribution of $0.01 per unit has also been approved to holders of MarketWise, LLC units. The dividend and distribution will be paid on December 26, 2024. The Record Date is November 25, 2024. About MarketWiseFounded with a mission to level the playing fi
BALTIMORE, Nov. 07, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or the "Company"), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for third quarter 2024. Third Quarter 2024 Highlights(1) Paid Subscribers were 592 thousand as of September 30, 2024 compared with 774 thousand as of September 30, 2023Total Net Revenue was $97.2 million in third quarter 2024 compared with $106.2 million in third quarter 2023Total Billings was $48.9 million in third quarter 2024 compared with $95.5 million in third quarter 2023Net Inc
BALTIMORE, Oct. 24, 2024 (GLOBE NEWSWIRE) -- MarketWise, Inc. (NASDAQ:MKTW) ("MarketWise" or the "Company"), a leading multi-brand digital subscription services platform providing premium financial research, software, education, and tools for self-directed investors, today announced that it plans to release its third quarter 2024 financial results before the market opens on Thursday, November 7, 2024. In addition to the required SEC filings, the Company will also be providing an earnings press release which will contain supplemental information. The Company does not hold analyst conference calls; however, investors may submit written questions to MarketWise at [email protected]. Interest
8-K - MARKETWISE, INC. (0001805651) (Filer)
10-Q - MARKETWISE, INC. (0001805651) (Filer)
8-K - MARKETWISE, INC. (0001805651) (Filer)
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Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google reversed its long-standing plan to eliminate cookies in its Chrome browser due to industry and regulatory pushback. Advertisers and publishers use cookies and small text snippets to identify users and target ads. This decision follows objections from digital advertising companies and regulators to Google’s proposed alternative technologies. Ad-tech players protested, accusing Google of attempting to strengthen its monopoly in the space and making it more difficult for advertisers to track their ads’ performance. Instead of eliminating cookies, Google will now prompt Chrome users to decide whether to enable or disable cookies.
UBS analyst Alex Kramm maintains Marketwise (NASDAQ:MKTW) with a Neutral and lowers the price target from $3.5 to $2.
Wednesday marks the last chance for investors to receive the next dividend payout from Marketwise (NASDAQ:MKTW). What's Happening The company announced on Tuesday that it would pay shareholders a quarterly dividend of 1 cents per share. On Thursday, Marketwise will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 1 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own MKTW as of the end of Wednesday's session are eligible to receive the 1 cents dividend payou