Lance Vitanza, an analyst from TD Cowen, maintained the Buy rating on TKO Group Holdings (TKO – Research Report). The associated price target remains the same with $200.00.
Lance Vitanza has given his Buy rating due to a combination of factors, primarily centered around TKO Group Holdings’ recent strategic acquisitions. The company recently acquired significant assets from Endeavor Group Holdings, including IMG, On Location, and Professional Bull Riding, which are expected to enhance TKO’s portfolio in sports rights management, high-end hospitality services, and live sports events.
Despite the lack of detailed quarterly financial data for these newly acquired assets, Vitanza anticipates a positive impact on TKO’s future earnings. The expected increase in FY26 adjusted EBITDA, driven by these acquisitions, supports the Buy rating. Although the issuance of additional shares offsets the immediate financial impact, the long-term strategic benefits and potential for growth make TKO an attractive investment opportunity.
In another report released on March 11, Citi also maintained a Buy rating on the stock with a $170.00 price target.
Based on the recent corporate insider activity of 60 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TKO in relation to earlier this year.