TKO Group Holdings, Inc. Class A (TKO)

Over the past six months, TKO's stock has experienced several notable events. As of November 2025, TKO shares had jumped 56% year-over-year and 27.84% year-to-date. In Q3 2025, the company reported a 27% year-over-year revenue decline. TKO missed Q4 EPS expectations and saw revenue fall approximately 27.3% year-over-year. As of January 31, 2026, the stock was up about 0.7% over the past day, with mixed returns over the week and month, a gain of about 7.5% over the past three months, and down roughly 2.1% year-to-date. Guggenheim raised its price target on TKO to $200 from $190 in July 2025. TKO reported Q1 2025 revenue of $1.269 billion, a 4% increase, and adjusted EBITDA of $417 million, a 23% increase. Q2 2025 revenue reached $1.31 billion, a 10% increase year-over-year, with net income at $273.1 million. The company revised its full-year 2025 revenue guidance upwards to between $4.63 billion and $4.69 billion. TKO increased its quarterly dividend to $0.78 per share. Insiders sold approximately 167,862 shares in the past 90 days. A significant merger announcement in August 2025 led to an 8.15% surge in the stock. Non-recurring payments of $175 million related to the UFC antitrust settlement and M&A costs impacted free cash flow in Q1 2025.

TKO Group Holdings, Inc. experiences some demand seasonality. Analysis indicates a period of seasonal strength for TKO stock from December 18 to March 31, aligning with the broader Industrials sector's seasonal strength. The first quarter is generally the strongest for the IMG segment due to events like the Super Bowl. Live events and hospitality revenue saw an increase in Q3 2025, driven by higher ticket sales and attendance. UFC's live and hospitality revenue experienced a decline in Q2 2025 due to a less burdensome international schedule.

TKO Group Holdings, Inc. is a global sports and entertainment company formed on September 12, 2023, through the merger of Zuffa (UFC) and WWE. The company owns and manages sports and entertainment intellectual property, producing and licensing live events, programming, and content across digital and linear channels, and via pay-per-view. Its major products and services include UFC, WWE, PBR (acquired in Q1 2025), IMG operations, On Location experiential hospitality, UFC FIGHT PASS streaming, Zuffa Boxing, Lucha Libre AAA Worldwide, UFC Brazilian Jiu-Jitsu, merchandising, and sponsorships and advertising.

TKO Group Holdings has a worldwide area of service, with significant subsidiaries primarily concentrated in North America and Asia, hosting 90.91% of its material entities. North America accounts for 77.3% of net sales, Europe-Middle East-Africa for 14.5%, Asia-Pacific for 6.7%, and Latin America for 1.5%. The company is expanding its site fee business beyond the Middle East, with success in Australia and Singapore. UFC has deep penetration in North America, Brazil, UK/Europe, and MENA, while WWE is entrenched in North America, UK/Europe, India, and expanding in the Middle East through Saudi partnerships.

TKO Group Holdings' brand reputation has been shaped by several events and strategic initiatives in the past year. Vince McMahon's resignation amid a scandal likely had a negative impact. TKO is integrating Polymarket into live events to enhance fan engagement. WWE's content on Netflix has demonstrated sustained appeal, and a media rights deal with ESPN boosts brand visibility. Multi-year partnerships with governments and sponsorship deals with companies like Monster Energy and Meta solidify brand partnerships. The "TKO Takeover" event showcased a unified approach to live events. TKO is involved in legislative efforts surrounding boxing reform.

TKO Group Holdings, Inc. has significant institutional ownership, with 1123 institutional owners and shareholders holding a total of 85,162,769 shares, ranging from 71.6% to 81.47%. Major institutional shareholders include Vanguard Group Inc., Morgan Stanley, State Street Corp., Ninety One UK Ltd., and BlackRock, Inc. Endeavor (via Silver Lake) holds 61.72%, WWE shareholders collectively hold 38.28%, Vince McMahon holds 3.25%, Stephanie McMahon holds 0.98%, Linda McMahon holds 0.29%, and Dwayne Johnson holds 0.17%.