TKO Group Holdings, Inc. (NYSE:TKO) Stock Has Consensus Price Target of $229.29 According to Brokerages

TKO Group Holdings, Inc. (NYSE:TKO) has earned an average recommendation of “Moderate Buy” from the nineteen research firms that are covering the stock, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and fourteen have issued a buy recommendation on the company. The average 1 year target price among brokerages that have covered the stock in the last year is $229.29.

A number of equities research analysts have recently weighed in on TKO shares. JPMorgan Chase & Co. cut their price target on TKO Group from $225.00 to $222.00 and set an “overweight” rating for the company in a research note on Tuesday, July 21st. Benchmark reissued a “hold” rating on shares of TKO Group in a research note on Tuesday, August 4th. Susquehanna dropped their price objective on TKO Group from $224.00 to $223.00 and set a “positive” rating on the stock in a report on Thursday. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of TKO Group in a research report on Monday, November 2nd. Finally, Arete Research raised shares of TKO Group from a “neutral” rating to a “buy” rating and set a $208.00 price objective on the stock in a research report on Tuesday, October 20th.

Insider Buying and Selling at TKO Group

In other news, CFO Andrew Schleimer sold 9,942 shares of the firm’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $194.39, for a total transaction of $1,932,625.38. Following the transaction, the chief financial officer owned 38,051 shares in the company, valued at approximately $7,396,733.89. This trade represents a 20.72% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Nick Khan sold 9,589 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $197.17, for a total transaction of $1,890,663.13. Following the transaction, the director owned 39,344 shares in the company, valued at $7,757,456.48. This represents a 19.60% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 97,325 shares of company stock worth $18,798,012. Company insiders own 64.30% of the company’s stock.

Hedge Funds Weigh In On TKO Group

Institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in shares of TKO Group by 22.5% during the 1st quarter. Bank of America Corp DE now owns 1,393,727 shares of the company’s stock worth $281,045,000 after acquiring an additional 256,305 shares in the last quarter. Bahl & Gaynor LLC increased its holdings in shares of TKO Group by 36.1% during the 3rd quarter. Bahl & Gaynor LLC now owns 508,038 shares of the company’s stock valued at $91,305,000 after acquiring an additional 134,647 shares during the last quarter. Annex Advisory Services LLC increased its holdings in shares of TKO Group by 1.3% during the 2nd quarter. Annex Advisory Services LLC now owns 418,586 shares of the company’s stock valued at $84,266,000 after acquiring an additional 5,483 shares during the last quarter. Hawk Ridge Capital Management LP raised its stake in shares of TKO Group by 16.5% in the 1st quarter. Hawk Ridge Capital Management LP now owns 413,641 shares of the company’s stock valued at $83,411,000 after acquiring an additional 58,604 shares in the last quarter. Finally, Aberdeen Group plc raised its stake in shares of TKO Group by 14,653.4% in the 3rd quarter. Aberdeen Group plc now owns 421,800 shares of the company’s stock valued at $75,806,000 after acquiring an additional 418,941 shares in the last quarter. 89.79% of the stock is currently owned by institutional investors.

Key Stories Impacting TKO Group

Here are the key news stories impacting TKO Group this week:

• Positive Sentiment: TKO reported third-quarter adjusted earnings of $1.33 per share, above the $1.20 consensus estimate, while revenue rose 21.4% year over year. The company also increased its projections, supporting the growth outlook. TKO reports over $1.3 billion in Q3 revenue
• Positive Sentiment: Management is discussing ways to expand distribution beyond Paramount+, with HBO mentioned as a possible outlet for UFC content. Additional platforms could broaden audience reach and create new media revenue opportunities, though no deal was announced. TKO discusses expanding distribution
• Positive Sentiment: Susquehanna lowered its price target slightly, from $224 to $223, but retained a positive rating, signaling continued analyst confidence in potential upside. Susquehanna price-target update
• Neutral Sentiment: TKO says WWE and UFC events in the Middle East, including WWE’s Saudi Arabia event, remain planned despite the Iran war. The events could support revenue if they proceed, but regional uncertainty creates execution risk. TKO executive on WWE Crown Jewel in Saudi Arabia
• Negative Sentiment: Third-quarter revenue of $1.36 billion fell short of the $1.38 billion analyst estimate, and reports noted a dip in WWE revenue. These results temper the strong earnings-per-share and year-over-year growth figures. TKO Q3 results and WWE revenue
• Negative Sentiment: TKO priced a $1 billion offering of 6.5% senior secured notes due 2031. The financing provides capital but adds debt and interest costs. TKO announces senior secured notes offering

TKO Group Price Performance

TKO opened at $190.20 on Friday. The stock has a market cap of $36.00 billion, a price-to-earnings ratio of 51.27 and a beta of 0.66. TKO Group has a 1 year low of $170.14 and a 1 year high of $226.94. The company has a current ratio of 1.35, a quick ratio of 1.28 and a debt-to-equity ratio of 0.58. The stock has a fifty day moving average price of $182.63 and a 200 day moving average price of $193.10.

TKO Group (NYSE:TKO) last issued its earnings results on Wednesday, November 4th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.20 by $0.13. TKO Group had a return on equity of 3.35% and a net margin of 5.19%. The firm had revenue of $1.36 billion for the quarter, compared to the consensus estimate of $1.38 billion. During the same quarter in the previous year, the company posted $0.47 earnings per share. The business’s quarterly revenue was up 21.4% compared to the same quarter last year. Analysts forecast that TKO Group will post 7.04 EPS for the current fiscal year.

TKO Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th were given a $0.79 dividend. This represents a $3.16 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, September 15th. TKO Group’s payout ratio is currently 85.18%.

TKO Group Company Profile

TKO Group Holdings, Inc is a global sports and entertainment company whose principal properties are UFC, the mixed martial arts organization, and WWE, the professional wrestling and sports entertainment company. TKO was formed in 2023 when Endeavor combined UFC and WWE under a single publicly traded company.

The company generates business through live events and ticket sales, media and streaming rights, sponsorships, licensing, and consumer products. UFC and WWE produce programming and events for audiences worldwide, alongside related digital content and merchandise.

TKO serves markets around the world through its events, broadcast and streaming partnerships, and commercial activities.