Aaron McDade
Wed, Jun 18, 2025, 12:05 PM 2 min read
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TKO Group Holdings owns World Wrestling Entertainment and the Ultimate Fighting Championship-
TKO Group Holdings stock was among the biggest gainers on the S&P 500 Wednesday afternoon.
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Analysts from Bernstein and Citi recently issued bullish comments on the WWE and UFC parent, which was added to the S&P 500 in the first quarter.
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TKO Group shares were up nearly 6% in recent trading to roughly $177.50, approaching an intraday record high of $179.09 set on Feb. 13.
TKO Group Holdings (TKO) stock was among the biggest gainers in the S&P 500 Wednesday, as the Ultimate Fighting Championship and World Wrestling Entertainment parent received some new bullish comments from analysts.
Analysts from Bernstein on Wednesday rated the company's stock as "overweight" with a $190 price target, and called it "an attractive investment in unique, owned & operated live sports entertainment with a clear strategy for sustained growth."
The Bernstein analysts said they expect the broadcasting rights for UFC will continue to gain value and generate more revenue for TKO Group, which was one of four companies added to the S&P 500 in the first quarter. "As TKO continues to 'festivilize' its live events, we also see a compelling growth opportunity around site fees," they added.
Citi analysts late Tuesday affirmed their "buy" rating and lifted their price target on TKO Group to $200 from $170 "to better reflect our media rights renewal expectations." Eight analysts tracked by Visible Alpha rate TKO Group as a "buy," while one calls it a "hold," with the average price target of $191.11, about 8% above the stock's level Wednesday afternoon.
TKO Group shares were up nearly 6% in recent trading to roughly $177.50, approaching an intraday record high of $179.09 set on Feb. 13.
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