TKO Group Holdings Shares Soar 2.61% Ahead of Earnings

TKO Group Holdings (TKO) shares surged 2.61% intraday, reaching their highest level since February 2025, marking a fifth consecutive day of gains with a cumulative increase of 12.12% over the past five days.

TKO Group Holdings is poised to release its first-quarter results soon, with analysts forecasting a notable double-digit decline in earnings. This anticipation could sway investor sentiment and impact the stock price.

Investment firm Susquehanna has initiated positive coverage on TKO, setting a price target of $180. The average target price from analysts stands at $167.17, indicating potential upside from current levels. These ratings and targets can influence stock movements.

In 2024, TKO delivered record financial performance, with robust revenue and adjusted EBITDA surpassing guidance. However, the 2025 outlook includes some unfavorable timing impacts, which may affect investor expectations.

TKO has bolstered its media rights portfolio and achieved record levels in live events and sponsorship revenue. These strategic developments could positively influence stock performance.

Despite these positives, the WWE segment revenue decreased in the fourth quarter due to the impact of a domestic rights deal. Additionally, free cash flow was negatively affected by settlement payments and debt transaction costs. These challenges may weigh on investor sentiment.