Overview

• US digital financial research platform's preliminary Q2 billings rose 56% yr/yr to $91 mln

• Paid subscribers at June 30 grew 7% since year-end 2025 to 400,000

• Company raised FY 2026 billings guidance by 10% to $330 mln

Outlook

• MarketWise raises FY 2026 billings guidance by 10% to $330 mln

• Company expects margins to increase significantly in H2 2026

• Company projects FY 2026 tax distributions of $40 mln, with cash balances rising in H2

Result Drivers

• MARKETING INVESTMENT - Co said increased investment in customer acquisition drove higher paid subscriber growth and billings

• PRODUCT CONVERSION - Co said strong conversion to higher-priced products contributed to billings growth, per CEO David Eifrig

• CUSTOMER RETENTION - Co said improved retention of existing subscribers helped sustain billings recovery

Company press release: ID:nGNXbW3CZg

Key Details

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 $22.00, about 11.8% above its July 9 closing price of $19.67

• The stock recently traded at 41 times the next 12-month earnings vs. a P/E of 6 three months ago

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