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TKO Group Holdings, Inc.

TKO · NYSE

Symbol: TKO
Type: Stock
Sector: Consumer Discretionary
Industry: Services-Misc. Amusement & Recreation
Country: North America
Exchange: NYSE

TKO Group Holdings, Inc. (NYSE: TKO) is a premium sports and entertainment company. TKO owns iconic properties including UFC, the world's premier mixed martial arts organization; WWE, the global leader in sports entertainment; and PBR, the world's premier bull riding organization. Together, these properties reach 210 countries and territories and organize more than 500 live events year-round, attracting more than three million fans. TKO also services and partners with major sports rights holders through IMG, an industry-leading global sports marketing agency; and On Location, a global leader in premium experiential hospitality.

Key Issues

Bullish view

Management raised its full-year 2026 revenue and adjusted EBITDA outlook after reporting higher second-quarter revenue and earnings, indicating confidence that the earnings miss was not a change in the underlying trajectory.

Bearish view

Second-quarter earnings lagged estimates by 17.79%, while revenue beat by only 0.71%, raising questions about cost control and whether the upgraded outlook will translate into stronger per-share earnings.