Endeavor Group upgraded by Goldman with a new price target
$EDR
Services-Misc. Amusement & Recreation
Consumer Discretionary
Goldman upgraded Endeavor Group from Neutral to Buy and set a new price target of $29.00 from $30.00 previously
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 4/15/2024 | $27.50 | Buy → Neutral | Citigroup |
| 9/12/2023 | $28.00 | Outperform | TD Cowen |
| 5/1/2023 | $33.00 | Buy | Guggenheim |
| 4/24/2023 | $30.00 | Buy | Seaport Research Partners |
| 8/4/2022 | $28.00 | Buy | BofA Securities |
| 7/7/2022 | $25.00 | Neutral → Buy | Citigroup |
| 6/24/2022 | $40.00 | Outperform | Credit Suisse |
| 5/18/2022 | $30.00 → $29.00 | Neutral → Buy | Goldman |
8-K - Endeavor Group Holdings, Inc. (0001766363) (Filer)
10-Q - Endeavor Group Holdings, Inc. (0001766363) (Filer)
8-K - Endeavor Group Holdings, Inc. (0001766363) (Filer)
Endeavor Group Holdings, Inc. (NYSE:EDR) ("Endeavor" or the "Company"), a global sports and entertainment company, today released its financial results for the quarterly period ended September 30, 2024. Highlights $2.032 billion in Q3 2024 revenue Growth across Owned Sports Properties driven by strong revenue performance at WWE, as well as increases in media rights at Professional Bull Riders ("PBR") Strength within Representation segment driven by growth in WME's music and talent groups, reflecting continued consumer demand for live music and ongoing recovery following resolution of the WGA and SAG-AFTRA strikes Q3 2024 Consolidated Financial Results Revenue: $2.032 billion Ne
Updates Full Year 2024 Guidance Announces Credit Facility Refinancing TKO Transaction Highlights On September 12, 2023, Endeavor and WWE closed the transaction to combine UFC and WWE to form a new, publicly listed company, TKO Group Holdings, Inc. Reported results presented in this earnings release prior to September 12, 2023 reflect only UFC activity. Third Quarter 2024 Financial Highlights Revenue of $681.2 million Net income of $57.7 million Adjusted EBITDA1 of $310.0 million Full Year 2024 Guidance The Company revised its target for revenue to the upper end of the range of $2.670 billion to $2.745 billion The Company revised its target for Adjusted EBITDA to the upper en
Board Authorized $2 Billion Share Repurchase Program and Approved Initiation of Quarterly Cash Dividend Program of $75 Million All-Equity Transaction Includes Professional Bull Riders, On Location, and IMG Special Committee of TKO's Independent Directors Unanimously Recommended Approval of Transaction TKO Group Holdings, Inc. ("TKO") (NYSE:TKO), a premium sports and entertainment company, announced today that its board of directors has authorized a share repurchase program of up to $2.0 billion of its Class A common stock and the initiation of a quarterly cash dividend program pursuant to which holders of TKO's Class A common stock will receive their pro rata share of $75.0 million in qu
SC 13G/A - Endeavor Group Holdings, Inc. (0001766363) (Subject)
SC 13D/A - Endeavor Group Holdings, Inc. (0001766363) (Subject)
SC 13G - Endeavor Group Holdings, Inc. (0001766363) (Subject)
4 - Endeavor Group Holdings, Inc. (0001766363) (Issuer)
4 - Endeavor Group Holdings, Inc. (0001766363) (Issuer)
4 - Endeavor Group Holdings, Inc. (0001766363) (Issuer)
4 - Endeavor Group Holdings, Inc. (0001766363) (Issuer)
UPshow brings immediate streaming solution to EverPass' commercial-focused media platform TKO Group Holdings invests in EverPass; Mark Shapiro, President and Chief Operating Officer of TKO, joins EverPass Board alongside representatives from 32 Equity and RedBird Capital EverPass Media, a leading media platform for distribution of premium live sports and entertainment content to commercial businesses, today announced it has acquired UPshow, a leading on-premise entertainment and performance marketing platform. The acquisition further accelerates EverPass' business model, adding essential streaming, consumer engagement, and performance marketing capabilities to its IP-based content libra
TKO Group Holdings, Inc. (NYSE:TKO) ("TKO"), a premium sports and entertainment company, has appointed Brad Keywell to its Board of Directors, effective today. Keywell, an accomplished entrepreneur with deep expertise in technology and artificial intelligence, brings significant experience in innovation and industry disruption to the Board. He has co-founded and led multiple companies, including Groupon, Echo Global Logistics, MediaOcean, and Uptake Technologies, where he is currently Founder and Executive Chairman. He is the 2019 EY World Entrepreneur of the Year, only the third US entrepreneur ever to receive the global honor, in addition to being named the overall 2018 EY Entrepreneur
Johnson Granted Full Ownership of Trademarked Name, "The Rock" TKO Group Holdings, Inc. (NYSE:TKO) ("TKO"), a premium sports and entertainment company, has appointed Dwayne Johnson to its Board of Directors, effective today. Johnson, one of the most decorated WWE Superstars in company history and the most followed American man globally on social media platforms, brings decades of experience in live entertainment and sports to the Board. Through his expansive business portfolio, which includes Seven Bucks Productions, Teremana Tequila, ZOA Energy, Project Rock, and the recently combined spring football league, the United Football League (UFL), Johnson has significant experience identifyi
Endeavor Gr Hldgs (NYSE:EDR) reported quarterly losses of $(0.46) per share which missed the analyst consensus estimate of $0.13 by 453.85 percent. This is a 1633.33 percent decrease over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $1.850 billion which missed the analyst consensus estimate of $1.892 billion by 2.21 percent. This is a 15.84 percent increase over sales of $1.597 billion the same period last year.
Citigroup analyst Jason Bazinet downgrades Endeavor Gr Hldgs (NYSE:EDR) from Buy to Neutral and lowers the price target from $29 to $27.5.
Sports entertainment company TKO Group Holdings Inc (NYSE:TKO) — owner of the UFC and WWE brands — is gaining exposure due to heightened demand for sports rights. The TKO Analyst: Goldman Sachs analyst Stephen Laszczyk has a Buy rating and price target of $102 on TKO Group Holdings. The Analyst Takeaways: Key media rights, sponsorships and revenue from live entertainment could provide a boost to TKO Group Holdings, according to Laszczyk. Related Link: Dwayne Johnson Pins Down ‘The Rock’ Trademark After WWE-Netflix Deal: ‘My Crazy Life Is Coming Full Circle’ The analyst met with TKO management in Philadelphia ahead of the two-day WrestleMania XL event, held on April 6 and April 7.
Endeavor Group Holdings, Inc. (NYSE:EDR) ("Endeavor" or the "Company"), a global sports and entertainment company, today announced that it has agreed to sell OpenBet and IMG ARENA to OB Global Holdings LLC in a management buyout backed by Ariel Emanuel with participation from executives of OpenBet, including CEO Jordan Levin. Levin said: "This management buyout allows us to continue executing our vision for increased market expansion and product innovation. Our group is extremely confident in OpenBet's future considering the premium product offering, superior talent, and solid foundation we already have in place following a strong period of business growth." Under the terms of the trans
Endeavor Group Holdings, Inc. (NYSE:EDR) ("Endeavor" or the "Company"), a global sports and entertainment company, today released its financial results for the quarterly period ended September 30, 2024. Highlights $2.032 billion in Q3 2024 revenue Growth across Owned Sports Properties driven by strong revenue performance at WWE, as well as increases in media rights at Professional Bull Riders ("PBR") Strength within Representation segment driven by growth in WME's music and talent groups, reflecting continued consumer demand for live music and ongoing recovery following resolution of the WGA and SAG-AFTRA strikes Q3 2024 Consolidated Financial Results Revenue: $2.032 billion Ne
Updates Full Year 2024 Guidance Announces Credit Facility Refinancing TKO Transaction Highlights On September 12, 2023, Endeavor and WWE closed the transaction to combine UFC and WWE to form a new, publicly listed company, TKO Group Holdings, Inc. Reported results presented in this earnings release prior to September 12, 2023 reflect only UFC activity. Third Quarter 2024 Financial Highlights Revenue of $681.2 million Net income of $57.7 million Adjusted EBITDA1 of $310.0 million Full Year 2024 Guidance The Company revised its target for revenue to the upper end of the range of $2.670 billion to $2.745 billion The Company revised its target for Adjusted EBITDA to the upper en
Citigroup downgraded Endeavor Group from Buy to Neutral and set a new price target of $27.50
TD Cowen initiated coverage of Endeavor Group with a rating of Outperform and set a new price target of $28.00
Guggenheim initiated coverage of Endeavor Group with a rating of Buy and set a new price target of $33.00