Valued at a market cap of $33.4 billion, TKO Group Holdings, Inc. (TKO) is a premier sports and entertainment company formed through the 2023 merger of UFC and WWE, and majority-owned by Endeavor Group. Headquartered in New York, TKO oversees globally recognized brands including UFC, WWE, and PBR, hosting over 500 live events annually across 210+ countries.

The company is expected to unveil its Q2 2025 earnings after the market closes on Wednesday, Aug. 6. Ahead of this event, analysts project TKO to report a profit of $1.23 per share, a rise of 70.8% from $0.72 per share reported in the year-ago quarter. While the company has surpassed Street's bottom-line estimates in two of the past four quarters, it fell short of expectations on two other occasions.

For fiscal 2025, analysts forecast TKO Group to report an EPS of $2.83, marking an increase of 45.9% from $1.94 reported in fiscal 2024. Moreover, in fiscal 2026, its earnings are expected to surge 90.1% year-over-year to $5.38 per share.

TKO stock has surged 57.6% over the past 52 weeks, significantly outperforming the S&P 500 Index’s ($SPX) 13.4% gain and the Communication Services Select Sector SPDR ETF Fund’s (XLC) 26.2% rise during the same time frame.

TKO Group released its Q1 2025 earnings on May 8, and its shares slipped 5.5% the following trading session. It posted revenue of $1.3 billion and net income of $165.5 million, a significant rebound from a $234.5 million loss in the same quarter last year. Adjusted EBITDA rose 23% year-over-year to $417.4 million, fueled by strong performances from both WWE and UFC. The company also raised its full-year outlook, projecting 2025 revenue to reach up to $4.6 billion, aided by the recent additions of IMG, On Location, and PBR. 

Analysts' consensus view on TKO stock is very bullish, with a "Strong Buy" rating overall. Out of 19 analysts covering the stock, opinions include 15 "Strong Buys" and four "Holds.” Its mean price target of $189.33 suggests an 13.7% upside potential from current price levels.