TKO Group's (TKO, Financial) World Wrestling Entertainment division celebrated a monumental success with WrestleMania 41, which took place at Allegiant Stadium in Las Vegas. This blockbuster event became the company's most lucrative and successful, drawing a staggering 124,693 fans over two nights. This turnout led to the largest gate revenue ever recorded for a WWE event.
The spectacle didn't just draw crowds; it smashed viewership records. WrestleMania 41 saw an astonishing 114% increase in viewership compared to the previous year's WrestleMania XL.
Merchandise sales, in collaboration with Fanatics, soared by over 45% compared to the prior record-breaking WrestleMania XL in 2024. This surge helped cement WrestleMania 41 as the highest-grossing event in WWE's history. Additionally, online sales saw a remarkable 86% increase from last year’s figures, further boosting the company's financial success.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for TKO Group Holdings Inc (TKO, Financial) is $167.55 with a high estimate of $220.00 and a low estimate of $115.00. The average target implies an upside of 17.10% from the current price of $143.09. More detailed estimate data can be found on the TKO Group Holdings Inc (TKO) Forecast page.
Based on the consensus recommendation from 19 brokerage firms, TKO Group Holdings Inc's (TKO, Financial) average brokerage recommendation is currently 1.8, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
