TKO Group Holdings, Inc. (TKO) Stock Price & Analysis
TKO Group Holdings, Inc. (TKO) closed at USD 177.72 on Thursday, October 22, 2026, down 0.12% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 177.94; the Oct 22, 2026 session ranged USD 175.53–180.49 on volume of 730,073 shares. Market capitalization is $33.64B, with a 52-week range of USD 170.92–226.94 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.
Also available as compact Markdown for AI agents: nexqual.com/TKO.md
Key facts (TKO)
- Last four reported quarters (through Jun 30, 2026): revenue $5.30B, net income $230M (4.3% margin) (SEC filings).
- Valuation: P/E 146.5x (avg 1401.8x at the last 2 fiscal year-ends), EV/EBITDA 24.7x, net debt $4.04B.
- 1 of 80 tracked superinvestors hold TKO (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 12 Form 4 filings, $30.4M; 0 not under a Rule 10b5-1 plan ($0K); 2 by opportunistic insiders (0 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 4 Form 4 filings, $5.5M; 2 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.00 on a 1–5 scale) (22 analysts), mean target USD 231.89 (range 208–250).
- Total return with dividends: 1Y -3.4% vs S&P 500 +14.9%; 5Y +218.9% vs S&P 500 +80.3%.
- Next earnings: 2026-11-04, EPS estimate USD 1.07, revenue estimate $1.38B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (TKO)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $1.03B | $1.14B | $3.22B | $4.88B | $4.74B | $5.30B |
| Operating income | $391M | $544M | $376M | $30.9M | $835M | $998M |
| Net income | $274M | $389M | -$35.2M | $9.4M | $195M | $230M |
| EPS (diluted) | — | — | -$0.43 | $0.02 | $2.26 | — |
| Operating margin | 37.9% | 47.7% | 11.7% | 0.6% | 17.6% | 18.8% |
| Net margin | 26.5% | 34.1% | -1.1% | 0.2% | 4.1% | 4.3% |
| Revenue growth | — | +10.5% | +182.8% | +51.5% | -3.1% | — |
| Cash + short-term investments | $875M | $181M | $236M | $620M | $831M | — |
| Total debt | — | $2.76B | $2.74B | $2.76B | $3.76B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (TKO)
P/E 146.5x · P/S 6.3x · EV/EBITDA 24.7x · EV/Sales 7.1x · P/B 9.9x · Earnings yield 0.68% · Dividend yield (paid, TTM) 0.71% · Net debt $4.04B · EV $37.7B
P/E at fiscal year-ends: Dec 2025 207.5x, Dec 2024 2596.2x.
Superinvestors (SEC 13F-HR, Q2 2026) (TKO)
1 of 80 tracked investors hold TKO. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Lindsell Train | 16.07% | $423M | Reduced -14.3% |
Insider sales (SEC Form 4, open-market, last ~7 months) (TKO)
12 of 12 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-10-13…2026-10-15 | Khan Nick | Director | 9,589 | $1.7M | 32.2% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023) |
| 2026-09-14 | Khan Nick | Director | 9,589 | $1.9M | 24.4% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023) |
| 2026-08-18…2026-08-19 | Khan Nick | Director | 14,794 | $2.9M | 27.3% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023) |
| 2026-08-18 | Schleimer Andrew M | Chief Financial Officer | 9,942 | $1.9M | 20.7% | Yes | Too little history (no open-market trades in 2023 or 2024) |
| 2026-08-18 | Emanuel Ariel | Chief Executive Officer | 24,702 | $4.8M | 12.4% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-18 | Shapiro Mark S | See Remarks | 19,120 | $3.7M | 11.5% | Yes | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-13 | Khan Nick | Director | 9,589 | $1.9M | 19.6% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023) |
| 2026-07-20…2026-07-21 | Khan Nick | Director | 23,079 | $4.2M | 32% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023) |
| 2026-07-13 | Khan Nick | Director | 9,589 | $1.8M | 11.8% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023) |
| 2026-06-12 | Khan Nick | Director | 9,589 | $2.0M | 10.5% | Yes (adopted March 13, 2026) | Too little history (no open-market trades in 2023) |
| 2026-05-04 | Khan Nick | Director | 9,518 | $1.8M | 9.5% | Yes (adopted March 7, 2025) | Too little history (no open-market trades in 2023) |
| 2026-04-06 | Khan Nick | Director | 9,518 | $1.9M | 8.6% | Yes (adopted March 7, 2025) | Too little history (no open-market trades in 2023) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (TKO)
4 purchases, $5.5M. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-05-14 | Kraft Jonathan | Director | 5,200 | $988K | 189.96 | Too little history (no open-market trades in 2024) |
| 2026-05-13 | Emanuel Ariel | Chief Executive Officer | 10,805 | $2.0M | 185.09 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-13 | Shapiro Mark S | See Remarks | 10,807 | $2.0M | 185.05 | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-13 | Schleimer Andrew M | Chief Financial Officer | 2,696 | $500K | 185.44 | Too little history (no open-market trades in 2023 or 2024) |
Analysts (TKO)
Consensus Buy (mean 2.00 on a 1–5 scale), 22 analysts; mean target USD 231.89 (low 208, high 250).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-21 | BTIG | Reiterated | Buy | $237 |
| 2026-10-20 | Guggenheim | Target lowered | Buy | $235 → $228 |
| 2026-10-16 | Susquehanna | Target lowered | Positive | $235 → $224 |
| 2026-09-16 | Bernstein | Target raised | Outperform | $235 → $240 |
| 2026-08-05 | Guggenheim | Target raised | Buy | $230 → $235 |
| 2026-08-04 | Morgan Stanley | Target raised | Overweight | $225 → $230 |
| 2026-08-04 | BTIG | Reiterated | Buy | $237 |
| 2026-07-29 | BTIG | Reiterated | Buy | $237 |
| 2026-07-28 | Bernstein | Target lowered | Outperform | $240 → $235 |
| 2026-07-21 | JP Morgan | Target lowered | Overweight | $225 → $222 |
| 2026-07-15 | Guggenheim | Target lowered | Buy | $232 → $230 |
| 2026-07-14 | Seaport Global | Upgrade | Neutral → Buy | $210 |
Total return (dividends reinvested) (TKO)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -3.4% | +218.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -3.4% | +26.0% |
| Volatility (annualized) | 31.6% | 31.0% |
| Max drawdown | -22.4% (Mar 2026→Oct 2026) | -32.6% (Aug 2023→Dec 2023) |
TKO revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| World Wrestling Entertainment | $621.0M | 40.1% | +11.7% |
| Ultimate Fighting Championship | $535.7M | 34.6% | +28.8% |
| IMG | $354.6M | 22.9% | +15.6% |
| Corporate & Other | $48.5M | 3.1% | +8.6% |
| Total revenue | $1.55B | 100% | — |
TKO revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Media Rights Production & Content | $325.2M | 21.0% | +24.8% |
| Partnerships & Marketing | $144.8M | 9.4% | +68.9% |
| Live Events & Hospitality | $47.8M | 3.1% | -18.2% |
| Consumer Products Licensing & Other | $17.9M | 1.2% | +60.6% |
| Total revenue | $1.55B | 100% | — |
TKO revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| North America | $3.51B | 74.2% | +17.2% |
| EMEA | $898.1M | 19.0% | -38.5% |
| Asia Pacific | $241.7M | 5.1% | -28.4% |
| Latin America | $80.5M | 1.7% | -8.3% |
| Total revenue | $4.74B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
TKO suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Partner | WWE | “We combine premier intellectual property ownership (UFC, WWE, PBR) with extensive capabilities in media rights distribution (IMG) and premium hospitality experiences (On Location), allowing us to maximize value across our assets and provide premier services to global rights holders and strategic partners.” |
| Partner | Netflix (NFLX) | “WWE, the global leader in sports entertainment, produces and distributes unique and creative content through various channels, including content rights agreements with distribution partners including Netflix, ESPN, Versant, and the CW for its weekly programs, Raw, SmackDown and NXT, and Premium Live Events, monetization across social media outlets, live events, and licensing of various WWE themed consumer products.” |
| Partner | Skydance Corp (SKYD) | “In August 2025, UFC announced a new seven-year partnership with Paramount, a Skydance Corporation ("Paramount"), to become the exclusive home of all UFC events in the U.S. Starting in 2026, Paramount will exclusively distribute UFC's full slate of 13 marquee numbered events and 30 Fight Nights via its direct-to-consumer streaming platform, Paramount+, with select numbered events to be simulcast on CBS, Paramount's…” |
| Partner | Meta Platforms (META) | “We have partnerships and marketing agreements with a wide variety of leading brands including Meta, Ram Trucks, Anheuser-Busch, IBM, Procter & Gamble, Monster Energy, Cuervo, Total Wireless, Wingstop, Slim Jim, and others across multiple categories.” |
| Partner | IBM (IBM) | “We have partnerships and marketing agreements with a wide variety of leading brands including Meta, Ram Trucks, Anheuser-Busch, IBM, Procter & Gamble, Monster Energy, Cuervo, Total Wireless, Wingstop, Slim Jim, and others across multiple categories.” |
| Partner | Procter & Gamble (PG) | “We have partnerships and marketing agreements with a wide variety of leading brands including Meta, Ram Trucks, Anheuser-Busch, IBM, Procter & Gamble, Monster Energy, Cuervo, Total Wireless, Wingstop, Slim Jim, and others across multiple categories.” |
| Partner | Coca-Cola (KO) | “We continue to expand the categories and volume of our partnerships with major brands, such as IBM, Meta, Polymarket, Ram Trucks, Crypto.com, DoorDash, Coca-Cola (Minute Maid), Sazerac, and Nestle.” |
| Partner | General | “During 2025, WWE produced several international events, including PLEs in key markets across Europe and Latin America, in addition to events produced through our partnership with the General Entertainment Authority of the Kingdom of Saudi Arabia.” |
| Partner | Zuffa | “We participate in, and may in the future enter into, joint ventures, other non-controlling investments, and strategic alliances, such as Zuffa Boxing, our joint venture with Sela Company.” |
| Competitor | Amazon (AMZN) | “Many well-funded digital companies (such as Amazon, Apple, Facebook, Hulu, Netflix and YouTube) have been competing with the traditional television business model and, while it has been widely reported that they are paying significant amounts for media content, it is not clear that these digital distributors will replace the importance (in terms of money paid for content, viewer penetration, and other factors) of …” |
| Competitor | Apple (AAPL) | “Many well-funded digital companies (such as Amazon, Apple, Facebook, Hulu, Netflix and YouTube) have been competing with the traditional television business model and, while it has been widely reported that they are paying significant amounts for media content, it is not clear that these digital distributors will replace the importance (in terms of money paid for content, viewer penetration, and other factors) of …” |
Quoted from the company's 10-K filed Feb 25, 2026.
TKO analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.07 | $1.03 | +3.7% | $1.38B | 8 |
| Next quarter (ends Dec 2026) | $1.04 | $0.71 | +46.8% | $1.31B | 8 |
| Current fiscal year (ends Dec 2026) | $4.43 | $3.92 | +13.2% | $5.82B | 9 |
| Next fiscal year (ends Dec 2027) | $4.90 | $3.98 | +23.0% | $5.88B | 9 |
TKO options: expected move
Options price a move of about ±8.9% (±$15.80) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±3.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 39.1% | ±8.9% |
| Dec 18, 2026 | 56 | 36.0% | ±11.4% |
| Jan 15, 2027 | 84 | 34.1% | ±13.1% |
| Apr 16, 2027 | 175 | 34.6% | ±19.1% |
30-day implied volatility 38.3% vs 23% realized over the last 30 trading days. Put/call ratio (volume) 1. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:39 UTC)
| Price | USD 177.72 |
|---|---|
| Change | ▼ 0.12% (down) |
| Previous Close | USD 177.94 |
| Open | USD 177.29 |
| Day Range | USD 175.53 – 180.49 |
| 52-Week Range | USD 170.92 – 226.94 |
| Volume | 730,073 shares |
| Market Cap | $33.64B |
| Exchange | NYQ |
Technical Analysis (TKO)
Nexqual's technical model rates TKO "SELL" based on 1 bullish and 4 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 47.88 (neutral) |
| vs SMA50 | Below (USD 185.47) |
| MACD | -2.41 (negative) |
Analyst Ratings (TKO)
Wall Street analysts rate TKO "Buy" based on 22 analysts, with a mean price target of USD 231.89 (range USD 208–250), per Nexqual as of October 23, 2026 at 08:39 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 22 |
| Mean Target | USD 231.89 |
| High Target | USD 250 |
| Low Target | USD 208 |
| Buy / Hold / Sell | 19 / 3 / 0 |
Earnings (TKO)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.83 |
| Revenue Estimate | $1.38B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.34 vs est 1.09 ▲ beat |
| 2026-03-31 | USD 1.12 vs est 1.14 ▼ miss |
| 2025-12-31 | USD -0.03 vs est 0.22 ▼ miss |
| 2025-09-30 | USD 0.47 vs est 0.51 ▼ miss |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financials & Fundamentals (TKO)
| Total Revenue | $5.30B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +18.20% |
| Gross Margin | +59.46% |
| Operating Margin | +32.39% |
| Profit Margin | +4.33% |
| ROE | +7.06% |
| Debt / Equity | 0.59 |
| Current Ratio | 1.28 |
| Total Cash | $592.48M |
| Total Debt | $4.95B |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Financial Health Score (TKO)
Nexqual rates TKO Group Holdings, Inc.'s overall financial health "Solid" across five dimensions, as of October 23, 2026 at 08:39 UTC.
| Growth | Strong — Revenue +69% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 59%, operating 32% (last 12 months) |
| Balance Sheet | Solid — $592M cash and investments vs $4.63B debt (Jun 2026, SEC) |
| Cash Flow | Solid — Operating cash flow $1.29B (FY ended Dec 2025, 10-K) |
| Efficiency | Mixed — ROE 7%, ROA 4.5% |
Ownership (TKO)
| Insider Ownership | +18.30% |
|---|---|
| Institutional Ownership | +114.50% |
| Shares Outstanding | 73.11M |
| Float | 59.73M |
| Short % of Float | +11.32% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
Leadership (TKO)
TKO Group Holdings, Inc. is led by Ariel Zev Emanuel, Executive Chair & CEO, per Nexqual as of October 23, 2026 at 08:39 UTC.
| Executive Chair & CEO | Ariel Zev Emanuel |
|---|---|
| COO, President & Director | Mark S. Shapiro |
| Chief Financial Officer | Andrew M. Schleimer |
| President of WWE & Director | Nick Khan |
| Deputy CFO & Chief Accounting Officer | Shane R. Kapral |
Major Backers & Investors (TKO)
Notable institutional backers of TKO Group Holdings, Inc. include Morgan Stanley, Massachusetts Financial Services Co., Ninety One UK Ltd, according to Nexqual as of October 23, 2026 at 08:39 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Morgan Stanley | 6.43% |
| Massachusetts Financial Services Co. | 5.1% |
| Ninety One UK Ltd | 3.78% |
| Price (T.Rowe) Associates Inc | 3.61% |
| XN LP | 3.41% |
| MFS Series Trust IV-MFS Mid Cap Growth Fund | 3.17% |
| Lindsell Train Limited | 2.87% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 9.66% |
| BlackRock | 7.75% |
| State Street | 6.34% |
Source: Nexqual, October 23, 2026 at 08:39 UTC.
From TKO Group Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-02-25)
Key Strengths & Strategy (as disclosed to the SEC)
- We have partnerships and marketing agreements with a wide variety of leading brands including Meta, Ram Trucks, Anheuser-Busch, IBM, Procter & Gamble, Monster Energy, Cuervo, Total Wireless, Wingstop, Slim Jim, and others across multiple categories.
- WWE, the global leader in sports entertainment, produces and distributes unique and creative content through various channels, including content rights agreements with distribution partners including Netflix, ESPN, Versant, and the CW for its weekly programs, Raw, SmackDown and NXT, and Premium Live Events, monetization across social media outlets, live events, and licensing of various WWE themed consumer products.
- PBR Teams League and Unleash The Beast events are broadcast on CBS Television Network, with Teams League events also airing on the CW Network, for a combined reach of over 40 million viewers each year.
- WWE has entered partnerships with major distribution networks, such as Netflix, Versant/USA Network, and the CW, to distribute content across the U.S.
Partnerships
- During 2025, WWE produced several international events, including PLEs in key markets across Europe and Latin America, in addition to events produced through our partnership with the General Entertainment Authority of the Kingdom of Saudi Arabia.
- For example, UFC's partnership with EA Sports and WWE's partnership with Take-Two Interactive Software allows us to remain agile as content can be updated for new characters, game modes, and story plots for enhanced game play.
Legal & Regulatory Risks (Item 1A, quoted)
- Our business and operating results may be affected by the outcome of pending and future litigation, investigations, claims and other disputes.
- The special committee of independent members of WWE's Board of Directors' investigation into allegations of misconduct by Vincent McMahon, and any further allegations, claims or investigations may have an adverse financial and operational impact on our business performance.
- Failure to protect our IT Systems and Confidential Information against breakdowns, security breaches, and other cybersecurity risks could result in financial penalties, legal liability, and/or reputational harm, which would adversely affect our business, results of operations, and financial condition.
- Failure to comply with evolving federal, state, and foreign laws relating to the handling of personal information and digital content could result in financial and other regulatory penalties, legal liability, and/or reputational harm, which would adversely affect our business, results of operations, and financial condition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| SKYD | Skydance Corporation | USD 7.79 | ▼ 1.02% |
| FOXA | Fox Corporation | USD 68.27 | ▲ 3.69% |
| LYV | Live Nation Entertainment, Inc. | USD 174.5 | ▲ 0.09% |
| ROKU | Roku, Inc. | USD 160.06 | ▲ 1.45% |
| FWONK | Liberty Media Corporation - Ser | USD 91.15 | ▼ 0.13% |
| NWS | News Corporation | USD 33.95 | ▲ 2.01% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt