- TKO Group's WrestleMania 41 smashed company records with massive attendance and revenue growth.
- Analysts predict a potential 13.60% upside for TKO Group shares from their current valuation.
- The stock has earned an "Outperform" recommendation from major brokerage firms.
TKO Group's (TKO, Financial) recent WrestleMania 41 event at Allegiant Stadium in Las Vegas has set new benchmarks for the company, amassing 124,693 attendees and achieving unprecedented viewership and merchandise sales. This success fueled an 86% surge in e-commerce revenues, propelling shares upward by 3.1% to close at $147.53.
Wall Street Analysts Forecast
According to projections from 18 Wall Street analysts, TKO Group Holdings Inc (TKO, Financial) is set for a promising trajectory. The average one-year price target for the company stands at $167.55, with estimates ranging from a high of $220.00 to a low of $115.00. This average target represents a potential increase of 13.60% from the current stock price of $147.50. For more detailed analytics, investors can explore the TKO Group Holdings Inc (TKO) Forecast page.
Furthermore, the consensus from 19 brokerage firms places TKO Group Holdings Inc at an impressive average brokerage recommendation of 1.8. This suggests an "Outperform" status, signifying robust market confidence. On a rating scale where 1 indicates a Strong Buy and 5 indicates Sell, TKO's position underscores its potential as a sound investment opportunity.
