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MKTW — MarketWise News Story

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MarketWise posts prelim Q1 billings rise of 15%, affirms full-year outlook

Overview

U.S. digital financial research platform's preliminary Q1 billings rose 15% yr/yr to highest since 2023

Paid subscribers were 381,000 at March 31, reflecting improved acquisition and retention

Company affirmed FY 2026 billings and cash from operating activities guidance

Outlook

MarketWise affirms FY 2026 billings guidance of $300 mln

Company maintains FY 2026 cash from operating activities guidance at $50 mln

MarketWise expects FY 2026 dividend to total $1.80 per share

Result Drivers

MARKETING EXECUTION - Co said improved marketing execution drove growth in paid subscribers and billings

SUBSCRIBER RETENTION - Strong revenue retention from existing subscribers contributed to higher billings

Company press release: ID:nGNX9x7QgD

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Billings$81 mln
Analyst Coverage The one available analyst rating on the shares is "hold" The average consensus recommendation for the professional information services peer group is "buy" Wall Street's median 12-month price target for MarketWise Inc is $20.00, about 23.2% above its April 10 closing price of $16.23 For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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